HLS To Carry Out Clayton Valley Lithium Project Drill Program

VANCOUVER - Spearmint Resources Inc. reported that Harrison Land Services (HLS) has been engaged to carry out a drill program on its Clayton Valley Lithium Project. This next phase of drilling will be a multi-hole drill program to test the known claystone hosted lithium mineralization within Spearmint's McGee lithium project. Spearmint has two lithium projects in Nevada consisting of the McGee property (Clay) and the Elon property (Brine) which cover an aggregate area of 1,160 acres. Previous drilling on the McGee project intersected lithium as high as 1,670 ppm Li.

James Nelson, President, said, "We are pleased to have retained Harrison, who have many years of knowledge and experience drilling in the Clayton Valley. Our initial drill program was successful, and we are optimistic that a second series of drill holes could help define our project. This project lies within a known lithium formation which we share with Cypress Development Corp., who recently announced a measured resource estimate which was increased to 574.1 million tonnes averaging 1,081 ppm Li or 3.3 million tonnes lithium carbonate equivalent (LCE) . Lithium and battery metals in general have been enjoying positive market sentiment recently as electric vehicle sales have taken off, therefore we are eagerly looking forward to commencing operations on one of our flagship properties. Including this planned drill program, Spearmint has multiple projects about to commence including properties in Newfoundland and Quebec and we expect September to be a very active month."