Spearmint Resources Inc. announced that the first drill hole (hole #15) of the phase III drill program on Spearmint's 100% owned 'McGee Lithium Clay Project' in Clayton Valley, Nevada has encountered 562 feet of continuous potential lithium-bearing claystone, directly bordering Cypress Development Corp. and Pure Energy Minerals Limited. 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. 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.