News

February 15, 2022 – Spearmint Resources Inc. (CSE: SPMT) (OTC Pink: SPMTD) (FSE: A2AHL5) (the “Company” or “Spearmint”) is pleased to announce the phase-I drill program has been completed on the Company’s 100-percent owned Perron-East Gold Project in Quebec, located in the direct vicinity of Amex Exploration Inc. (AMXEF – USA, AMX – TSX.V) and Starr Peak Mining Ltd. (STRPF – USA, STE – TSX.V).  Laurentia Exploration, the same geological team who’ve conducted significant drill programs for both Amex Exploration Inc. and Starr Peak Mining Ltd., oversaw all aspects of Spearmint’s drill program.

The drilling campaign started in December 2021 and finished in February 2022. A total of 2,100 m of NQ size was drilled and a total of 545 samples were collected during this campaign. The samples will be sent to ALS for assaying with an expected turnaround time of 8-12 weeks. The drill program was aimed to test different targets based on historical data and recently acquired data. The first portion of the drill program targeted a similar geological context then nearest historical showings (Turgeon Lake: up to 18.7 g/t Au over 3.09 m. (GM 54287, April 29^th 1996) and; Rollmac: 31,298 tons grading 11.99 g/t Au (historical and non-compliant NI43-101, Northern Miner, July 13, 1992). The other portion of the drill program, was based on soil anomalies, chargeability anomalies coupled with various different structure identified with hi-resolution mag survey. Management cautions that past results or discoveries on properties in proximity to Spearmint may not necessarily be indicative to the presence of mineralization on the Company’s properties.

James Nelson, President of Spearmint Resources stated, “We are very pleased that we have completed this drill program on budget, and we look forward to what the assays will show. Not only are we awaiting these assays, but we are also awaiting assays, sent on a rush basis, from our McGee Lithium Clay Project in Clayton Valley, Nevada, where we recently drilled two of the longest continuous potentially lithium-bearing clay intercepts ever recorded in Clayton Valley. Clearly the coming weeks will be a transformative time for Spearmint.”

Qualified Person

Mr. Hugues Guerin Tremblay, P.Geo. (OGQ #1584), an independent Qualified Person as defined by Canadian NI 43-101 standards, has reviewed and approved the geological information reported in this news release. The Qualified Person has not completed sufficient work to verify the historic information on the Property and vicinity, particularly in regards to historical drill results. However, the Qualified Person believes that drilling and analytical results were completed to industry standard practices. The information provides an indication of the exploration potential of the Property but may not be representative of expected results.

About Spearmint Resources

Spearmint’s primary projects include three lithium projects in Clayton Valley, Nevada; the ‘McGee Lithium Clay Project’ which has a maiden resource estimate of 815,000 indicated tonnes and 191,000 inferred tonnes for a total of 1,006,000 tonnes of lithium carbonate equivalent (LCE), directly bordering Pure Energy Minerals (PE.v) & Cypress Development Corp. (CYP.v); the ‘Elon Lithium Brine Project’ which has access to some of the deepest parts of the only lithium brine basin in production in North America; and the recently acquired ‘Green Clay Lithium Project’ comprised of 97 contiguous claims totaling approximately 2,000 acres.

Spearmint’s other primary projects include the ‘Goose’ Gold project directly bordering New Found Gold Corp. (NFG.v) where Spearmint has sampled up to 973 ppb gold, and the Perron-East Gold Project consisting of 5 mineral claim blocks covering 11,608 acres located in the Abitibi greenstone belt of northwestern Quebec in the direct vicinity of Amex Exploration Inc.’s (AMX.v) Perron property and past-producing Normetal mine. For a complete list of Spearmint’s projects please visit spearmintresources.ca. Management cautions that past results or discoveries on properties in proximity to Spearmint may not necessarily be indicative to the presence of mineralization on the Company’s properties.

References and disclosures

Normétal historical Mine and Normetmar:

Summary Report, Normetmar Project, January 1988 by L. Boivin

Turgeon Lake and Rollmac Deposit:

Globex website: https://www.globexmining.com/staging/admin/news_pdfs/2020-08-10%20%20EN%20Globex%20sells%203%20properties.pdf

If you would like to be added to Spearmint’s news distribution list, please send your email address to [email protected]

Contact Information
Tel: 1604646-6903
www.spearmintresources.ca

“James Nelson”
President
Spearmint Resources Inc.

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this release.

February 4, 2022 – Spearmint Resources Inc. (CSE: SPMT) (OTC Pink: SPMTD) (FSE: A2AHL5) (the “Company” or “Spearmint”) is pleased to announce that drill hole-18, from the phase III drill program on Spearmint’s 100-percent owned ‘McGee Lithium Clay Project’ in Clayton Valley, Nevada, has set a new record for the project, encountering a massive 652 feet of continuous potential lithium-bearing claystone, directly bordering Cypress Development Corp. (CYP – TSX.v, CYDVF – USA) and Pure Energy Minerals Limited (PE – TSX.v, PEMIF – USA).  To date, this is the longest continuous clay intercept discovered on the ‘McGee Lithium Clay Project’ and the farthest step-out hole to the West, at approximately 3,700 feet from any drill hole from previous phases of drilling. On January 21, 2022, Spearmint announced that drill hole-15 of this phase III drill program on McGee, encountered 562 feet of continuous potential lithium-bearing claystone, which was the longest to date at that point. Management cautions that past results or discoveries on properties in proximity to Spearmint may not necessarily be indicative to the presence of mineralization on the Company’s properties.

The targeted potential lithium-bearing claystone was encountered in 4 holes drilled on the Phase III drill program, including two massive intercepts of 562 feet (hole-15) and 652 feet (hole-18) of continuous claystone. These holes are two of the longest continuous intercepts of claystone recorded in the history of Clayton Valley, Nevada. Samples from the phase III drill program have been immediately sent to ALS for assaying on a rush basis.

James Nelson, President of Spearmint Resources stated, “We are extremely pleased to have once again discovered our longest intercept of 652 feet of continuous potential lithium-bearing claystone to date on our flagship project, the McGee Lithium Clay Project in Clayton Valley, Nevada. Hole-18 beats our recent longest claystone intercept of 562 feet, announced on Jan. 21, 2022. Not only are these two holes the longest but they are approximately 2,500 feet and 3,700 feet to the West of any previously hole drilled in previous phases of drilling on the McGee.  If these holes run at lithium grades, similar to what we’ve already achieved on the McGee Project, it could potentially increase our resource estimate significantly. Management eagerly awaits these assays, especially when you consider that lithium prices and demand are at all-time highs”.

On June 11, 2021, Spearmint received the Technical Report on its ‘McGee Lithium Clay Project’ which included a maiden resource estimate of 815,000 indicated tonnes and 191,000 inferred tonnes for a total of 1,006,000 tonnes of lithium carbonate equivalent (LCE). The Technical Report was prepared in accordance with the requirements of National Instrument 43-101 by Stantec Consultant Ltd.’s qualified persons (Allan Turner, PGeol, and Derek Loveday, PGeo). The goal of this drill program will be to increase the maiden resource estimate by following the drilling recommendations provided by Stantec in the Technical Report. Spearmint’s two other lithium projects in Clayton Valley, Nevada include the recently acquired ‘Green Clay Lithium Project’ comprised of 97 contiguous claims totaling approximately 2,000 acres, and the ‘Elon Lithium Brine Project’ which has access to some of the deepest parts of the only lithium brine basin in production in North America. Lithium prices continue to make new all-time highs and have increased by approximately 700-percent since the start of 2021.

Qualified Person

Mr. Frank Bain, P.Geo., a Qualified Person as defined by National Instrument 43-101 has reviewed and approved the scientific and technical disclosure contained within this news release.

About Spearmint Resources

Spearmint’s primary projects include three lithium projects in Clayton Valley, Nevada; the ‘McGee Lithium Clay Project’ which has a maiden resource estimate of 815,000 indicated tonnes and 191,000 inferred tonnes for a total of 1,006,000 tonnes of lithium carbonate equivalent (LCE), directly bordering Pure Energy Minerals (PE.v) & Cypress Development Corp. (CYP.v); the ‘Elon Lithium Brine Project’ which has access to some of the deepest parts of the only lithium brine basin in production in North America; and the recently acquired ‘Green Clay Lithium Project’ comprised of 97 contiguous claims totaling approximately 2,000 acres.

Spearmint’s other primary projects include the ‘Goose’ Gold project directly bordering New Found Gold Corp. (NFG.v) where Spearmint has sampled up to 973 ppb gold, and the Perron-East Gold Project consisting of 5 mineral claim blocks covering 11,608 acres located in the Abitibi greenstone belt of northwestern Quebec in the direct vicinity of Amex Exploration Inc.’s (AMX.v) Perron property and past-producing Normetal mine. For a complete list of Spearmint’s projects please visit spearmintresources.ca. Management cautions that past results or discoveries on properties in proximity to Spearmint may not necessarily be indicative to the presence of mineralization on the Company’s properties.

If you would like to be added to Spearmint’s news distribution list, please send your email address to [email protected]

Contact Information
Tel: 1604646-6903
www.spearmintresources.ca

“James Nelson”
President
Spearmint Resources Inc.

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this release.

January 21, 2022 – Spearmint Resources Inc. (CSE: SPMT) (OTC Pink: SPMTD) (FSE: A2AHL5) (the “Company” or “Spearmint”) is pleased to announce that the first drill hole (hole #15) of the phase III drill program on Spearmint’s 100-percent owned ‘McGee Lithium Clay Project’ in Clayton Valley, Nevada has encountered 562 feet of continuous potential lithium-bearing claystone, directly bordering Cypress Development Corp. (CYP – TSX.v, CYDVF – USA) and Pure Energy Minerals Limited (PE – TSX.v, PEMIF – USA).  To date, this is the longest clay intercept discovered on the ‘McGee Lithium Clay Project’ and the farthest step-out hole to the West, approximately 2,500 feet from any previous drill hole.

On June 11, 2021, Spearmint received the Technical Report on its ‘McGee Lithium Clay Project’ which included a maiden resource estimate of 815,000 indicated tonnes and 191,000 inferred tonnes for a total of 1,006,000 tonnes of lithium carbonate equivalent (LCE). The Technical Report was prepared in accordance with the requirements of National Instrument 43-101 by Stantec Consultant Ltd.’s qualified persons (Allan Turner, PGeol, and Derek Loveday, PGeo). The goal of this drill program will be to increase the maiden resource estimate by following the drilling recommendations provided by Stantec in the Technical Report. Spearmint’s two other lithium projects in Clayton Valley, Nevada include the recently acquired ‘Green Clay Lithium Project’ comprised of 97 contiguous claims totaling approximately 2,000 acres, and the ‘Elon Lithium Brine Project’ which has access to some of the deepest parts of the only lithium brine basin in production in North America. Lithium prices continue to make new all-time highs and have increased by over 500-percent since the start of 2021.

James Nelson, President of Spearmint Resources stated, “We are extremely pleased to have discovered our longest continuous intercept of potential lithium-bearing claystone to date on our flagship project, the McGee Lithium Clay Project in Clayton Valley, Nevada. Not only has hole #15 been our longest clay intercept, but hole #15 is also located the farthest away from any previous drill hole at an approximate distance of 2,500 feet to the West. If this hole runs at economic grades of lithium, similar to what we’ve already drilled, it could potentially increase our resource estimate significantly. This is one of the longest continuous intercepts of claystone reported to date in the Clayton Valley of Nevada. We are off to a fantastic start on this phase of drilling, especially when you consider lithium prices are at all-time highs.”

McGee Lithium Clay Project – Hole #15

As seen on the map below, Cypress Development Corp. and Spearmint share this blanket-like, lithium-bearing claystone formation that Spearmint’s drill program is targeting. Management cautions that past results or discoveries on properties in proximity to Spearmint may not necessarily be indicative to the presence of mineralization on the Company’s properties.

Qualified Person

Mr. Frank Bain, P.Geo., a Qualified Person as defined by National Instrument 43-101 has reviewed and approved the scientific and technical disclosure contained within this news release.

About Spearmint Resources

Spearmint’s primary projects include three lithium projects in Clayton Valley, Nevada; the ‘McGee Lithium Clay Project’ which has a maiden resource estimate of 815,000 indicated tonnes and 191,000 inferred tonnes for a total of 1,006,000 tonnes of lithium carbonate equivalent (LCE), directly bordering Pure Energy Minerals (PE.v) & Cypress Development Corp. (CYP.v); the ‘Elon Lithium Brine Project’ which has access to some of the deepest parts of the only lithium brine basin in production in North America; and the recently acquired ‘Green Clay Lithium Project’ comprised of 97 contiguous claims totaling approximately 2,000 acres.

Spearmint’s other primary projects include the ‘Goose’ Gold project directly bordering New Found Gold Corp. (NFG.v) where Spearmint has sampled up to 973 ppb gold, and the Perron-East Gold Project consisting of 5 mineral claim blocks covering 11,608 acres located in the Abitibi greenstone belt of northwestern Quebec in the direct vicinity of Amex Exploration Inc.’s (AMX.v) Perron property and past-producing Normetal mine. For a complete list of Spearmint’s projects please visit spearmintresources.ca. Management cautions that past results or discoveries on properties in proximity to Spearmint may not necessarily be indicative to the presence of mineralization on the Company’s properties.

If you would like to be added to Spearmint’s news distribution list, please send your email address to [email protected]

Contact Information
Tel: 1604646-6903
www.spearmintresources.ca

“James Nelson”
President
Spearmint Resources Inc.

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this release.

January 14, 2022 – Spearmint Resources Inc. (CSE: SPMT) (OTC Pink: SPMTD) (FSE: A2AHL5) (the “Company” or “Spearmint”) is pleased to announce that drilling has now commenced on Spearmint’s 100-percent owned ‘McGee Lithium Clay Project’ in Clayton Valley, Nevada directly bordering Cypress Development Corp. (CYP – TSX.v, CYDVF – USA) and Pure Energy Minerals Limited (PE – TSX.v, PEMIF – USA).  On June 11, 2021, Spearmint received the Technical Report on its ‘McGee Lithium Clay Project’ which included a maiden resource estimate of 815,000 indicated tonnes and 191,000 inferred tonnes for a total of 1,006,000 tonnes of lithium carbonate equivalent (LCE). The Technical Report was prepared in accordance with the requirements of National Instrument 43-101 by Stantec Consultant Ltd.’s qualified persons (Allan Turner, PGeol, and Derek Loveday, PGeo). The goal of this drill program will be to increase the maiden resource estimate by following the drilling recommendations provided by Stantec in the Technical Report. Spearmint’s two other lithium projects in Clayton Valley, Nevada include the recently acquired ‘Green Clay Lithium Project’ comprised of 97 contiguous claims totaling approximately 2,000 acres, and the ‘Elon Lithium Brine Project’ which has access to some of the deepest parts of the only lithium brine basin in production in North America. Lithium prices have recently broken out to new all-time highs, increasing by over 500-percent since the start of 2021.

On December 22, 2021, Cypress Development Corp. announced it “successfully completed a seven-day continuous run at the company’s pilot plant. During this period, the pilot plant operated at its designed feed rate of one tonne per day of lithium claystone from the company’s Clayton Valley lithium project.”. As seen on the map below, Cypress Development Corp. and Spearmint share this blanket-like, lithium-bearing claystone formation. Management cautions that past results or discoveries on properties in proximity to Spearmint may not necessarily be indicative to the presence of mineralization on the Company’s properties.

James Nelson, President of Spearmint Resources stated, “We are very pleased to have now started this next phase of drilling on the ‘McGee Lithium Clay Project’ in Clayton Valley, Nevada, with the goal to build upon our maiden resource estimate of 815,000 indicated tonnes and 191,000 inferred tonnes for a total of 1,006,000 tonnes of lithium carbonate equivalent (LCE).  Since releasing the results from our last drill program in February 2021, where we discovered lithium in all ten out of ten drill holes, lithium prices have gone parabolic, increasing by approximately 500%. Clearly, this is an exciting time for lithium companies in Clayton Valley, Nevada, and an opportune time to be recommencing operations on our lithium holdings. Along with our Perron-East Gold Project in Quebec, we now have two major drill programs currently underway. Spearmint has approximately $3 million in the treasury with no need to raise additional funds and we are about to enter a major news flow cycle. We are headed into 2022 with a full head of steam and potential catalysts coming ahead on multiple projects.”

Qualified Person

Mr. Frank Bain, P.Geo., a Qualified Person as defined by National Instrument 43-101 has reviewed and approved the scientific and technical disclosure contained within this news release.

About Spearmint Resources

Spearmint’s primary projects include three lithium projects in Clayton Valley, Nevada; the ‘McGee Lithium Clay Project’ which has a maiden resource estimate of 815,000 indicated tonnes and 191,000 inferred tonnes for a total of 1,006,000 tonnes of lithium carbonate equivalent (LCE), directly bordering Pure Energy Minerals (PE.v) & Cypress Development Corp. (CYP.v); the ‘Elon Lithium Brine Project’ which has access to some of the deepest parts of the only lithium brine basin in production in North America; and the recently acquired ‘Green Clay Lithium Project’ comprised of 97 contiguous claims totaling approximately 2,000 acres.

Spearmint’s other primary projects include the ‘Goose’ Gold project directly bordering New Found Gold Corp. (NFG.v) where Spearmint has sampled up to 973 ppb gold, and the Perron-East Gold Project consisting of 5 mineral claim blocks covering 11,608 acres located in the Abitibi greenstone belt of northwestern Quebec in the direct vicinity of Amex Exploration Inc.’s (AMX.v) Perron property and past-producing Normetal mine. For a complete list of Spearmint’s projects please visit spearmintresources.ca. Management cautions that past results or discoveries on properties in proximity to Spearmint may not necessarily be indicative to the presence of mineralization on the Company’s properties.

If you would like to be added to Spearmint’s news distribution list, please send your email address to [email protected]

Contact Information
Tel: 1604646-6903
www.spearmintresources.ca

“James Nelson”
President
Spearmint Resources Inc.

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this release.

December 16, 2021 – Spearmint Resources Inc. (CSE: SPMT) (OTC Pink: SPMTD) (FSE: A2AHL5) (the “Company” or “Spearmint”) is pleased to announce that drilling has now commenced on Spearmint’s 100-percent owned Perron-East Gold Project in Quebec, located in the direct vicinity of Amex Exploration Inc. (AMXEF – USA, AMX – TSX.V) and Starr Peak Mining Ltd. (STRPF – USA, STE – TSX.V).  The ongoing drill program is aimed at different targets based on historical data and recent data acquisition. The first portion of the drill program targets the same geological context as historical showings (Turgeon Lake: up to 18.7 g/t Au over 3.09 m. (GM 54287, April 29^th 1996) and; Rollmac: 31,298 tonnes grading 11.99 g/t Au (historical and non-compliant NI43-101, Northern Miner, July 13, 1992). The other portion of the drill program is based on soil anomalies coupled with various chargeability anomalies in the central portion of the property. Laurentia Exploration, the same geological team who’ve conducted significant drill programs for both Amex Exploration Inc. and Starr Peak Mining Ltd., will be overseeing all aspects of Spearmint’s drill program. Management cautions that past results or discoveries on properties in proximity to Spearmint may not necessarily be indicative to the presence of mineralization on the Company’s properties.

James Nelson, President of Spearmint Resources stated, “We are very pleased to have now started drilling on the Perron-East gold project in Quebec, located in the direct vicinity of Amex Exploration Inc. and Starr Peak Mining Ltd.  This drill program is fully funded using $1 million of flow-through funds already on hand, which included a lead investment by certain funds managed by Sprott Asset Management LP.  Management also expects to commence another major drill program shortly on our ‘McGee Lithium Clay Project’ in Clayton Valley, Nevada, with the goal to build upon our maiden resource estimate of 815,000 indicated tonnes and 191,000 inferred tonnes for a total of 1,006,000 tonnes of lithium carbonate equivalent (LCE).  Spearmint shares this blanket like lithium claystone formation with Cypress Development Corp. (CYDVF – USA, CYP – TSX.V) and lithium prices are currently at all-time highs.  Spearmint has approximately $3 million in the treasury with no need to raise additional funds and we are about to enter a major news flow cycle. We are headed in 2022 with a full head of steam with potential catalysts coming ahead on multiple projects.”

Qualified Person

Mr. Hugues Guerin Tremblay, P.Geo. (OGQ #1584), an independent Qualified Person as defined by Canadian NI 43-101 standards, has reviewed and approved the geological information reported in this news release. The Qualified Person has not completed sufficient work to verify the historic information on the Property and vicinity, particularly in regards to historical drill results. However, the Qualified Person believes that drilling and analytical results were completed to industry standard practices. The information provides an indication of the exploration potential of the Property but may not be representative of expected results.

About Spearmint Resources

Spearmint’s primary projects include three lithium projects in Clayton Valley, Nevada; the ‘McGee Lithium Clay Project’ which has a maiden resource estimate of 815,000 indicated tonnes and 191,000 inferred tonnes for a total of 1,006,000 tonnes of lithium carbonate equivalent (LCE), directly bordering Pure Energy Minerals (PE.v) & Cypress Development Corp. (CYP.v); the ‘Elon Lithium Brine Project’ which has access to some of the deepest parts of the only lithium brine basin in production in North America; and the recently acquired ‘Green Clay Lithium Project’ comprised of 97 contiguous claims totaling approximately 2,000 acres.

Spearmint’s other primary projects include the ‘Goose’ Gold project directly bordering New Found Gold Corp. (NFG.v) where Spearmint has sampled up to 973 ppb gold, and the Perron-East Gold Project consisting of 5 mineral claim blocks covering 11,608 acres located in the Abitibi greenstone belt of northwestern Quebec in the direct vicinity of Amex Exploration Inc.’s (AMX.v) Perron property and past-producing Normetal mine. For a complete list of Spearmint’s projects please visit spearmintresources.ca. Management cautions that past results or discoveries on properties in proximity to Spearmint may not necessarily be indicative to the presence of mineralization on the Company’s properties.

References and disclosures

Normétal historical Mine and Normetmar:

Summary Report, Normetmar Project, January 1988 by L. Boivin

Turgeon Lake and Rollmac Deposit:

Globex website: https://www.globexmining.com/staging/admin/news_pdfs/2020-08-10%20%20EN%20Globex%20sells%203%20properties.pdf

If you would like to be added to Spearmint’s news distribution list, please send your email address to [email protected]

Contact Information
Tel: 1604646-6903
www.spearmintresources.ca

“James Nelson”
President
Spearmint Resources Inc.

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this release.

December 8, 2021 – Spearmint Resources Inc. (CSE: SPMT) (OTC Pink: SPMTD) (FSE: A2AHL5) (the “Company” or “Spearmint”) is pleased to announce that it has recently completed a phase II work program on the 100-percent owned “Goose Gold Project” directly bordering New Found Gold Corp.’s (NFG-TSX.V) Queensway project in Newfoundland (see map below). During the phase II work program, the ground magnetic survey allowed the identification of a major NE-trending magnetic lineament (GG-M-01), a negative magnetic anomaly (GG_M-02) delineated in the SW of the study grid, and a moderate discontinuous magnetic lineament (GG_M-03) striking NE and parallel to GG-M-01. Several narrow, magnetic trends were also successfully mapped thanks to the high-resolution ground magnetic survey, in addition a few faults affecting the Goose Gold property were traced. As for the VLF-EM survey, one main relatively highly conductive axis was detected in the NW part of the study grid and four moderate conductive axes in the southern part of the Goose Gold property. All the delineated VLF-EM axes appear oriented NE-SW and some of the anomalous Au assay obtained from soil and rock samples appear to be associated with these conductive axes or located in their path. Follow up work should be completed over these targets to test their extent and potential for gold-quartz veins carrying sulphides.

Figure 1. Reduced-to-pole total magnetic intensity map (left), VLF-EM conductive axes from Fraser filter

On October 14, 2021, New Found Gold Corp. announced, “The Keats Main zone now extends 530 m down plunge, an increase of 65 m from the previously reported distance of 465 m defined by the farthest intercept to date in NFGC-21-360 grading 61.50 grams per tonne gold over 5.20 m”. These drill results are from their 200,000 m diamond drill program at its 100-per-cent-owned Queensway project, located on the Trans-Canada Highway 15 kilometres west of Gander, Nfld. In addition, On November 24, 2021, New Found Gold Corp. announced that “Mr. Eric Sprott now owns and controls 36,601,200 common shares of New Found Gold, representing approximately 22.4 per cent of the issued and outstanding common shares on a non-diluted basis”. Management cautions that past results or discoveries on properties in proximity to Spearmint may not necessarily be indicative to the presence of mineralization on the Company’s properties.

James Nelson, President of Spearmint Resources stated, “We are pleased to receive the results of our phase II work program on our ‘Goose Gold Project’ directly bordering New Found Gold Corp.’s (NFG-TSX.V) Queensway project. The discovery of a major NE-trending magnetic lineament is an exciting and step towards determining the highest priority drill targets on this project and a follow-up work program will be formulated shortly. Spearmint plans to have two major drill programs beginning in December 2021; one is on the Perron-East gold project in Quebec, located in the direct vicinity of Amex Exploration Inc. and Starr Peak Mining Ltd, and the other major drill program is on our ‘McGee Lithium Clay Project’ in Clayton Valley, Nevada, with the goal to build upon our maiden resource estimate of 815,000 indicated tonnes and 191,000 inferred tonnes for a total of 1,006,000 tonnes of lithium carbonate equivalent (LCE).  With approximately $3 million currently in the treasury, Spearmint is fully-funded for both major drill programs, with no need to raise additional funds.  We are about to enter a major news flow cycle and expect the remainder of 2021 and beyond will be an extremely active period for Spearmint with potential catalysts coming ahead on multiple projects.”

 Qualified Person

Madjid Chemam, P.Geo., OGQ # 1259, Senior geophysicist at Abitibi Geophysics Inc. 

About Spearmint Resources

Spearmint’s primary projects include three lithium projects in Clayton Valley, Nevada; the ‘McGee Lithium Clay Project’ which has a maiden resource estimate of 815,000 indicated tonnes and 191,000 inferred tonnes for a total of 1,006,000 tonnes of lithium carbonate equivalent (LCE), directly bordering Pure Energy Minerals (PE.v) & Cypress Development Corp. (CYP.v); the ‘Elon Lithium Brine Project’ which has access to some of the deepest parts of the only lithium brine basin in production in North America; and the recently acquired ‘Green Clay Lithium Project’ comprised of 97 contiguous claims totaling approximately 2,000 acres.

Spearmint’s other primary projects include the ‘Goose’ Gold project directly bordering New Found Gold Corp. (NFG.v) where Spearmint has sampled up to 973 ppb gold, and the Perron-East Gold Project consisting of 5 mineral claim blocks covering 11,608 acres located in the Abitibi greenstone belt of northwestern Quebec in the direct vicinity of Amex Exploration Inc.’s (AMX.v) Perron property and past-producing Normetal mine. For a complete list of Spearmint’s projects please visit spearmintresources.ca. Management cautions that past results or discoveries on properties in proximity to Spearmint may not necessarily be indicative to the presence of mineralization on the Company’s properties.

If you would like to be added to Spearmint’s news distribution list, please send your email address to [email protected]

Contact Information
Tel: 1604646-6903
www.spearmintresources.ca

“James Nelson”
President
Spearmint Resources Inc.

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this release.

November 26, 2021 – Spearmint Resources Inc. (CSE: SPMT) (OTC Pink: SPMTD) (FSE: A2AHL5) (the “Company” or “Spearmint”) is pleased to announce that the application for a permit to conduct exploration drilling on the Perron-East Gold Project has been approved by the Quebec Ministry of Forests, Wildlife and Parks. Spearmint’s 100-percent owned Perron-East gold project in Quebec is located in the direct vicinity of Amex Exploration Inc. (AMXEF – USA, AMX – TSX.V) and Starr Peak Mining Ltd. (STRPF – USA, STE – TSX.V).  On November 11, 2021, Amex Exploration Inc. announced significant drill results including 44.8 m of 8.25 g/t gold (Au) and 64.75 m of 1.22 g/t gold (Au) at Perron.  On November 2, 2021, Starr Peak Mining Ltd. announced significant drill results from its ongoing 2021 drilling campaign with multiple VMS intersects up to 6.65% zinc-equivalent over 13.45 m, including 3.83 per cent Cu over 2.25 m. Management cautions that past results or discoveries on properties in proximity to Spearmint may not necessarily be indicative to the presence of mineralization on the Company’s properties.

Laurentia Exploration, the same geological team who’ve conducted significant drill programs for both Amex and Starr Peak, will be overseeing all aspects of Spearmint’s upcoming drill program on the Perron-East Gold Project. Previous work programs on the Perron-East gold project have discovered multiple soil anomalies and an Induced Polarization (IP) survey over these anomalies have defined the highest priority drill targets. Spearmint is fully funded for this drill program using funds from a flow-through financing of $1 million dollars at twenty cents completed in May 2021, which included a lead investment by certain funds managed by Sprott Asset Management LP (“Sprott”). Spearmint expects to begin this much anticipated and fully funded drill program in December 2021.

James Nelson, President of Spearmint Resources stated, “We are very pleased to have now received the drill permit for the Perron-East gold project in Quebec, located in the direct vicinity of Amex Exploration Inc. and Starr Peak Mining Ltd.  Both of these companies have recently undertaken significant drill programs utilizing the same geological team (Laurentia Exploration) that will be conducting Spearmint’s drill program.  This drill program is expected to commence in December 2021 and is fully funded using $1 million of flow-through funds already on hand, which included a lead investment by certain funds managed by Sprott Asset Management LP.  Mr. Sprott is one of the savviest junior mining investors in the world and we are pleased with their participation in Spearmint.  Management also expects to commence another major drill program shortly on our ‘McGee Lithium Clay Project’ in Clayton Valley, Nevada, with the goal to build upon our maiden resource estimate of 815,000 indicated tonnes and 191,000 inferred tonnes for a total of 1,006,000 tonnes of lithium carbonate equivalent (LCE).  Spearmint shares this blanket like lithium claystone formation with Cypress Development Corp. (CYDVF – USA, CYP – TSX.V) and lithium prices are currently at all-time highs.  Spearmint has approximately $3 million in the treasury with no need to raise additional funds and we expect to have two major drill programs started before the end of the year.  We are about to enter a major news flow cycle and expect the remainder of 2021 and beyond will be an extremely active period for Spearmint with potential catalysts coming ahead on multiple projects.”

Qualified Person

Mr. Hugues Guerin Tremblay, P.Geo. (OGQ #1584), an independent Qualified Person as defined by Canadian NI 43-101 standards, has reviewed and approved the geological information reported in this news release. The Qualified Person has not completed sufficient work to verify the historic information on the Property and vicinity, particularly in regards to historical drill results. However, the Qualified Person believes that drilling and analytical results were completed to industry standard practices. The information provides an indication of the exploration potential of the Property but may not be representative of expected results.

About Spearmint Resources

Spearmint’s primary projects include three lithium projects in Clayton Valley, Nevada; the ‘McGee Lithium Clay Project’ which has a maiden resource estimate of 815,000 indicated tonnes and 191,000 inferred tonnes for a total of 1,006,000 tonnes of lithium carbonate equivalent (LCE), directly bordering Pure Energy Minerals (PE.v) & Cypress Development Corp. (CYP.v); the ‘Elon Lithium Brine Project’ which has access to some of the deepest parts of the only lithium brine basin in production in North America; and the recently acquired ‘Green Clay Lithium Project’ comprised of 97 contiguous claims totaling approximately 2,000 acres.

Spearmint’s other primary projects include the ‘Goose’ Gold project directly bordering New Found Gold Corp. (NFG.v) where Spearmint has sampled up to 973 ppb gold, and the Perron-East Gold Project consisting of 5 mineral claim blocks covering 11,608 acres located in the Abitibi greenstone belt of northwestern Quebec in the direct vicinity of Amex Exploration Inc.’s (AMX.v) Perron property and past-producing Normetal mine. For a complete list of Spearmint’s projects please visit spearmintresources.ca. Management cautions that past results or discoveries on properties in proximity to Spearmint may not necessarily be indicative to the presence of mineralization on the Company’s properties.

If you would like to be added to Spearmint’s news distribution list, please send your email address to [email protected]

Contact Information
Tel: 1604646-6903
www.spearmintresources.ca

“James Nelson”
President
Spearmint Resources Inc.

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this release.

November 5, 2021 – Spearmint Resources Inc. (CSE: SPMT) (OTC Pink: SPMTD) (FSE: A2AHL5) (the “Company” or “Spearmint”) is pleased to announce that the application for a permit to conduct exploration drilling on the Perron-East Gold Project has been submitted to the Quebec Ministry of Forests, Wildlife and Parks. Spearmint’s 100-percent owned Perron-East gold project in Quebec is located in the direct vicinity of Amex Exploration Inc. (AMXEF – USA, AMX – TSX.V) and Starr Peak Mining Ltd. (STRPF – USA, STE – TSX.V). On October 13, 2021, Amex Exploration Inc. announced significant drill results including 6.9 m of 43.74 g/t Au at Perron in a shallow hole and 28.64 g/t Au over 5 m at depth. On November 2, 2021, Starr Peak Mining Ltd. announced significant drill results from its ongoing 2021 drilling campaign with multiple VMS intersects up to 6.65% zinc-equivalent over 13.45 m, including 3.83 per cent Cu over 2.25 m. Laurentia Exploration, the same geological team who’ve conducted significant drill programs for both Amex and Starr Peak, will be overseeing all aspects of Spearmint’s upcoming drill program on the Perron-East gold Project. Previous work programs on the Perron-East gold project have discovered multiple soil anomalies and an Induced Polarization (IP) survey over these anomalies have defined the highest priority drill targets. Spearmint is fully funded for this drill program using funds from a flow-through financing of $1 million dollars at twenty cents completed in May 2021, which included a lead investment by certain funds managed by Sprott Asset Management LP. Spearmint expects to begin this much anticipated and fully funded drill program in December 2021. Management cautions that past results or discoveries on properties in proximity to Spearmint may not necessarily be indicative to the presence of mineralization on the Company’s properties.

James Nelson, President of Spearmint Resources stated, “We are very pleased to have now applied for a drill permit on the Perron-East gold project in Quebec, located in the direct vicinity of Amex Exploration Inc. and Starr Peak Mining Ltd. Both of these companies have recently undertaken significant drill programs utilizing the same geological team (Laurentia Exploration) that will be conducting Spearmint’s drill program. This drill program is fully funded using $1 million of flow-through funds already on hand, which included a lead investment by certain funds managed by Sprott Asset Management LP. We expect to commence this much anticipated drill program in December 2021. Spearmint also expects to be underway with another drill program shortly on our ‘McGee Lithium Clay Project’ in Clayton Valley, Nevada, with the goal to build upon our maiden resource estimate of 815,000 indicated tonnes and 191,000 inferred tonnes for a total of 1,006,000 tonnes of lithium carbonate equivalent (LCE). Spearmint shares this blanket like lithium claystone formation with Cypress Development Corp. (CYDVF – USA, CYP – TSX.V) and lithium prices are currently at all-time highs. We expect to have two major drill programs started before the end of the year, at a time when most companies aren’t able to secure one drill contractor. Spearmint currently has approximately $3 million in the treasury with no need to raise additional funds. We look forward to building upon an already active and successful year and we are about to enter a major news flow cycle. The remainder of 2021 and beyond will be an extremely active period for Spearmint with potential catalysts coming ahead on multiple projects.”

Qualified Person

Mr. Hugues Guerin Tremblay, P.Geo. (OGQ #1584), an independent Qualified Person as defined by Canadian NI 43-101 standards, has reviewed and approved the geological information reported in this news release. The Qualified Person has not completed sufficient work to verify the historic information on the Property and vicinity, particularly in regards to historical drill results. However, the Qualified Person believes that drilling and analytical results were completed to industry standard practices. The information provides an indication of the exploration potential of the Property but may not be representative of expected results.

About Spearmint Resources

Spearmint’s primary projects include three lithium projects in Clayton Valley, Nevada; the ‘McGee Lithium Clay Project’ which has a maiden resource estimate of 815,000 indicated tonnes and 191,000 inferred tonnes for a total of 1,006,000 tonnes of lithium carbonate equivalent (LCE), directly bordering Pure Energy Minerals (PE.v) & Cypress Development Corp. (CYP.v); the ‘Elon Lithium Brine Project’ which has access to some of the deepest parts of the only lithium brine basin in production in North America; and the recently acquired ‘Green Clay Lithium Project’ comprised of 97 contiguous claims totaling approximately 2,000 acres.  

Spearmint’s other primary projects include the ‘Goose’ Gold project directly bordering New Found Gold Corp. (NFG.v) where Spearmint has sampled up to 973 ppb gold, and the Perron-East Gold Project consisting of 5 mineral claim blocks covering 11,608 acres located in the Abitibi greenstone belt of northwestern Quebec in the direct vicinity of Amex Exploration Inc.’s (AMX.v) Perron property and past-producing Normetal mine. For a complete list of Spearmint’s projects please visit spearmintresources.ca. Management cautions that past results or discoveries on properties in proximity to Spearmint may not necessarily be indicative to the presence of mineralization on the Company’s properties.

If you would like to be added to Spearmint’s news distribution list, please send your email address to [email protected]

Contact Information
Tel: 1604646-6903
www.spearmintresources.ca

“James Nelson”
President
Spearmint Resources Inc.

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this release.

November 3, 2021 – Spearmint Resources Inc. (CSE: SPMT) (OTC Pink: SPMTD) (FSE: A2AHL5) (the “Company” or “Spearmint”) wishes to announce the Company has contracted Harris Exploration Drilling and Associates Inc. (“Harris”) to begin a drill program shortly on the ‘McGee Lithium Clay Project’ in Clayton Valley, Nevada directly bordering Cypress Development Corp. (CYP – TSX.v, CYDVF – USA) and Pure Energy Minerals Limited (PE – TSX.v, PEMIF – USA). Earlier this year, on June 11, 2021, Spearmint received the technical report on its 100-per-cent-owned ‘McGee Lithium Clay Project’ which included a maiden resource estimate of 815,000 indicated tonnes and 191,000 inferred tonnes for a total of 1,006,000 tonnes of lithium carbonate equivalent (LCE). The technical report was prepared in accordance with the requirements of National Instrument 43-101 by Stantec Consultant Ltd.’s qualified persons (Allan Turner, PGeol, and Derek Loveday, PGeo). The goal of the upcoming drill program will be to increase the maiden resource estimate by following the drilling recommendations provided by Stantec in the Technical Report. Spearmint’s two other lithium projects in Clayton Valley, Nevada include the recently acquired ‘Green Clay Lithium Project’ comprised of 97 contiguous claims totaling approximately 2,000 acres, and the ‘Elon Lithium Brine Project’ which has access to some of the deepest parts of the only lithium brine basin in production in North America. Lithium prices have once again broken out to all-time highs, having seen an approximate 100-percent surge since August 1, 2021, and are now up over 300-percent in 2021.

On October 13, 2021, Cypress Development Corp (CYP – TSX.v, CYDVF – USA) announced “the assembly of the pilot plant for the company’s 100-per-cent-owned Clayton Valley lithium project in Nevada is complete. As seen on the map below, Cypress Development Corp. and Spearmint share this blanket-like, lithium-bearing claystone formation. Also, on August 17, 2021, Pure Energy Minerals Ltd. partner Schlumberger New Energy (SLB – NYSE) announced receiving approval from the Bureau of Land Management (BLM) for a plan of operations covering the construction and operation of a pilot plant at Pure Energy’s Clayton Valley, Nevada, lithium brine project, which Spearmint directly borders. Management cautions that past results or discoveries on properties in proximity to Spearmint may not necessarily be indicative to the presence of mineralization on the Company’s properties.

James Nelson, President of Spearmint Resources stated, “We are very pleased to have contracted Harris for the upcoming drill program on the ‘McGee Lithium Clay Project’ in Clayton Valley, Nevada. Harris Exploration is not only familiar with our project, having conducted our first drill program, but is one of the most reputable and professional drilling companies operating in Nevada with extensive knowledge and experience drilling for lithium. There has been massive market attention focused on lithium in Nevada recently, as such, drill rigs are at a premium and Spearmint will be one of the few companies to have secured a drill rig within this current lithium exploration rush. Since August 1^st, 2021, lithium prices have gone parabolic, increasing over 100% and are now up over 300% since the beginning of 2021. Clearly, this is an opportune time to be recommencing operations on our lithium holdings in Clayton Valley, Nevada. This upcoming drill program will use the recommendations provided by Stantec in the Technical Report, with the goal to increase our maiden resource estimate. Spearmint still has approximately $3 million in the treasury; we are well funded for multiple planned drill and work programs in the US and Canada with no need to raise additional funds. We look forward to building upon an already active and successful year and we are about to enter a major news flow cycle. The remainder of 2021 and beyond will be an extremely active period for Spearmint with potential catalysts coming ahead on multiple projects.”

Qualified Person

Mr. Frank Bain, P.Geo., a Qualified Person as defined by National Instrument 43-101 has reviewed and approved the scientific and technical disclosure contained within this news release.

About Spearmint Resources

Spearmint’s primary projects include three lithium projects in Clayton Valley, Nevada; the ‘McGee Lithium Clay Project’ which has a maiden resource estimate of 815,000 indicated tonnes and 191,000 inferred tonnes for a total of 1,006,000 tonnes of lithium carbonate equivalent (LCE), directly bordering Pure Energy Minerals (PE.v) & Cypress Development Corp. (CYP.v); the ‘Elon Lithium Brine Project’ which has access to some of the deepest parts of the only lithium brine basin in production in North America; and the recently acquired ‘Green Clay Lithium Project’ comprised of 97 contiguous claims totaling approximately 2,000 acres.  

Spearmint’s other primary projects include the ‘Goose’ Gold project directly bordering New Found Gold Corp. (NFG.v) where Spearmint has sampled up to 973 ppb gold, and the Perron-East Gold Project consisting of 5 mineral claim blocks covering 11,608 acres located in the Abitibi greenstone belt of northwestern Quebec in the direct vicinity of Amex Exploration Inc.’s (AMX.v) Perron property and past-producing Normetal mine. For a complete list of Spearmint’s projects please visit spearmintresources.ca. Management cautions that past results or discoveries on properties in proximity to Spearmint may not necessarily be indicative to the presence of mineralization on the Company’s properties.

If you would like to be added to Spearmint’s news distribution list, please send your email address to [email protected]

Contact Information
Tel: 1604646-6903
www.spearmintresources.ca

“James Nelson”
President
Spearmint Resources Inc.

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this release.