Vancouver, British Columbia--(Newsfile Corp. - November 16, 2016) - Spearmint Resources Inc. (TSXV: SRJ) (OTCBB: SPMTF) ("SRJ"
or the "Company") wishes to announce that the geological work crew on its 100% owned Clayton Valley Lithium property has completed
the first phase of the work program. This property consists of 880 acres of unpatented mineral claims in Nevada. These claims are
located directly to the east of the Pure Energy Minerals current drill program and directly bordering Pure and Cypress (who
recently signed a deal with Pure for that property). Historic and present drill programs in adjacent and nearby properties are
suggestive of the potential for the discovery of lithium-bearing brines. A total of 91 samples have been sent to the lab for
lithium grade testing. We expect the samples to come back from the lab in 2-6 weeks and at that point we can assess the next phase
of drill or work programs.
James Nelson, Director of Spearmint states, "We are pleased with the speed and quality work exhibited by the crews. We eagerly
anticipate the samples coming back and feel very positive about what they will return based on the area that we are in. We are
directly beside the current drill program of Pure Energy Minerals Clayton Valley drill program. We are directly between Pure and
NorAm who are off to the East of us, and Cypress, directly above us, thus giving Spearmint an optimal location in the Clayton
Valley."
Spearmint Resources Inc. management continues to actively evaluate additional corporate growth drivers. The new areas that will
be investigated will potentially include, but will not be limited to, additional mining areas such as base metals, agriculture,
edibles, beverages and medical situations. At this time, no new project has been completed, and there is no guarantee that one will
be acceptable and approved by the board.
If you would like to be added to Spearmint's news distribution list, please send your email address to info@spearmintresources.ca
Contact Information
Tel: 1604646-6903
www.spearmintresources.ca
"James Nelson"
Director
Spearmint Resources Inc.
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Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release