Company Update
SPEARMINT RESOURCES INC.
2905 - 700 West Georgia St.
Vancouver BC V7Y 1C6
Company Update
July 24, 2023 - Spearmint Resources Inc. (CSE: SPMT) (OTC Pink: SPMTF) (FSE: A2AHL5) (the
“Company” or “Spearmint”) has granted a total of 18,500,000 stock options at an exercise price of
five cents per share for a period of 12 months to its directors, officers, and consultants. The options have
been granted in accordance with the Company's omnibus equity incentive plan and the policies of the
Canadian Securities Exchange.
On June 17, 2022, the Company announced that it received the updated Technical Report and Mineral
Resource estimate for the 100-per-cent-owned McGee Lithium Clay Deposit in Clayton Valley, Nevada.
The Technical Report included an updated Mineral Resource estimate of 1,369,000 indicated tonnes and
723,000 inferred tonnes of lithium carbonate equivalent (LCE) for a total of 2,092,000 tonnes of LCE,
more than doubling the maiden resource estimate announced on June 11, 2021. The Technical Report
and Mineral Resource Estimate was prepared by Derek Loveday, P.Geo. and Mariea Kartick, P.Geo. of
Stantec Consulting Services Ltd. (“Stantec”) in conformity with CIM “Estimation of Mineral Resource
and Mineral Reserves Best Practices” guidelines and were reported in accordance with the Canadian
Securities Administrators NI 43-101.
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About Spearmint Resources
Spearmint's primary projects include four projects in Clayton Valley, Nevada; the McGee lithium clay
deposit, which has a resource estimate of 1,369,000 indicated tonnes and 723,000 inferred tonnes of
lithium carbonate equivalent (LCE) for a total of 2,092,000 tonnes of LCE, directly bordering Pure
Energy Minerals & Century Lithium Corp.; 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 comprising 97 contiguous claims totalling approximately 2,000
acres, and the Clayton Ridge project comprising 35 contiguous claims totalling approximately 721 acres.
Spearmint's other primary projects include the Perron-East gold project consisting of five 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 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
Contact Information
Tel: 1604646-6903
www.spearmintresources.ca
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"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.