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New Found Announces Grant of Stock Options

New Found Announces Grant of Stock Options News provided by Share this article New Found Gold Corp. ( New Found or the Company ) (TSXV: NFG) (OTC: NFGFF) announces it has granted incentive stock options to a director of the Company to acquire 200,000 common shares in the capital of the Company at an exercise price of $8.62 (the Options ) in accordance with the Company s 10% rolling incentive stock option plan. The Options are exercisable for a five-year term expiring May 17, 2026.  The grant of the Options is subject to disinterested shareholder approval and approval of the TSX Venture Exchange. The Company intends to seek such shareholder approval at its next annual meeting of shareholders.

RETRANSMISSION: Spearmint Achieves 83% Lithium Extraction from | The Kingston Whig Standard

RETRANSMISSION: Spearmint Achieves 83% Lithium Extraction from | The Kingston Whig Standard
thewhig.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thewhig.com Daily Mail and Mail on Sunday newspapers.

Spearmint Resources Inc : Spearmint Achieves 83% Lithium Extraction from Preliminary Metallurgical Testing on its Lithium Clay Project in Clayton Valley, Nevada

(0) Vancouver, British Columbia (Newsfile Corp. - May 14, 2021) - Spearmint Resources Inc. (CSE: SPMT) (OTC Pink: SPMTF) (FSE: A2AHL5) (the Company) is very pleased to announce that it has received preliminary metallurgical testing results on its 100%-owned Clayton Valley Lithium Clay Project in Nevada. The Company recently completed a 10-hole drill program that discovered lithium in every hole, achieving a 100%-success rate, directly bordering Cypress Development Corp. Preliminary metallurgical results from McClelland Laboratories Inc. of Sparks, Nevada indicate that high extractions can be achieved by leaching with either sulfuric acid or hydrochloric acid. Preliminary results from a composite claystone sample indicate lithium extractions of 80% with a sulfuric acid addition of 500 kg/mt and 83% with a hydrochloric acid addition of 375 kg/mt. Further testing is being planned to optimize leaching conditions.

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