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Spearmint Resources Inc ( (TSE:SPMT) ) just unveiled an update.
Spearmint Resources Inc. has acquired the Sisson North Tungsten Project in New Brunswick, strategically positioning itself to benefit from the rising demand for domestically sourced tungsten amidst global trade tensions. The company’s diversification into tungsten, alongside its lithium projects in Nevada, reflects its strategy to leverage the buoyant junior markets and meet the growing demand for critical materials in industries like aerospace, electronics, and defense, as China imposes export controls on these minerals.
More about Spearmint Resources Inc
Spearmint Resources Inc. operates in the natural resources sector, focusing on the acquisition and development of mineral properties. The company is involved in the exploration and development of strategic metals such as tungsten and lithium, aiming to capitalize on the increasing demand for these resources, especially as geopolitical tensions impact global supply chains.
Average Trading Volume: 693,915
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$5.76M
For a thorough assessment of SPMT stock, go to TipRanks’ Stock Analysis page.
