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Spearmint Acquires the Carscallen West Project near Timmins

May 19, 2020

Spearmint Resources has its eyes on West Timmins. The company announced Tuesday that it has acquired the Carscallen West Project consisting of approximately 2500 contiguous acres. This new project is prospective for gold located in the Abitibi Greenstone belt and in the direct vicinity of the city of Timmins and to Melkior Resources Inc and Pan American Silver.

"We are pleased to add this new gold project to our robust portfolio of projects. Recently, Melkior Resources Inc. drilled six metres of 25.7 g/t Au at Carscallen (May 7, 2020) and we are pleased to acquire this new land package in the direct vicinity of Melkior. We have also expanded our cesium project and anticipate having a very active summer with multiple projects expected to commence operations," James Nelson, President of Spearmint, stated.

During the past 100 years the Timmins area has produced over 70 million ounces of gold, making it one of the richest gold camps in Canada. Timmins is also home to Kidd Creek, one of the largest VMS ore deposits in the world.

About Spearmint Resources

Spearmint's current projects include the Case Lake South Cesium Prospect in Ontario consisting of approximately 5000 contiguous acres directly bordering Power Metals Corp.'s Case Lake Cesium Property, the River Valley East Platinum-Palladium Prospect in Ontario consisting of approximately 4,700 contiguous acres directly bordering New Age Metals' flagship River Valley Platinum Group Metals (PGM) project, the Perron-East Gold Prospects consisting of 5 mineral claim blocks covering approximately 10,000 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, the 'Chibouga mau Vanadium Prospect' comprising of 17,142 contiguous acres directly bordering the vanadium deposit of BlackRock Metal's (private) Ilmenite vanadium project, and Spearmint's 'Clayton Valley Lithium Prospects' in Nevada comprising of two claim blocks totalling 800 acres bordering Pure Energy Minerals & Cypress Development Corp. where Spearmint's drill results have intersected Lithium values as high as 1670ppmLi.

Spearmint's current projects also include a portfolio of prospects in the Golden Triangle of British Columbia; the 'Golden Triangle Gold Prospects' comprising of five separate claims blocks totalling 8,265 acres bordering GT Gold Corp, the 6,805 acre 'NEBA' Gold-Copper Prospects bordering Aben Resources Ltd, and the 'EL North' Nickel-Copper Prospect is a contiguous land package of 1,053 acres in the Eskay Creek Camp bordering Garibaldi Resources Corp, as well as the recent acquisition of the 4,980 acre 'Prickle' property bordering Brixton Metals Corp.

Spearmi nt's other projects in British Columbia include the 'Safari' Copper-Gold Prospect consisting of 9,007 contiguous acres located in the northern Quesnel Trough in North-Central BC directly bordering Serengeti Resources Inc., and the 'Hammernose' Gold Prospect consisting of 5,910 acres directly bordering the strategic alliance between Westhaven Resources Inc. & Sable Resource Ltd. in the Spences Bridge gold belt located in Southern British Columbia, Canada.

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