Spearmint acquires Safari prospect in B.C.

Oct 19, 2018

2018-10-19 06:03 ET – News Release

Mr. James Nelson reports

SPEARMINT ACQUIRES DISTRICT SIZE COPPER-GOLD PROJECT BORDERING SERENGETI RESOURCES INC. IN BRITISH COLUMBIA

Spearmint Resources Inc. has acquired the Safari prospect, a district-size claims package consisting of 9,007 contiguous acres located in the northern Quesnel trough in north-central British Columbia. The Quesnel trough hosts numerous porphyry copper-gold deposits and are accessible by road from the city of Fort St. James, B.C. These new claims directly border Serengeti Resources Inc.’s Kwanika project. On Oct. 18, 2018, Serengeti Resources Inc. announced impressive drill result intercepts over 514 metres of 0.64 per cent copper, 0.80 gram per tonne gold (2.15 g/t gold equivalent), including 168 metres of 0.81 per cent Cu, 1.71 g/t Au (3.42 g/t AuEq). These outstanding results are from the first two holes of Serengeti’s 2018 drill program at Kwanika.

Recently, David Stadnyk joined the company as a consultant. Mr. Stadnyk has more than 30 years of experience as a leader in the public company space and has successfully initiated equity capital financing efforts in excess of $500-million. As an entrepreneur, he has founded both private and public companies including Patch Oil Sands, Pharmaxis, Eurpraxia Pharmaceuticals, Supreme Cannabis Company, 1933 Industries Inc. (Friday Night Inc.), M Pharmaceutical Inc., Arsenal Energy and is a senior adviser to the Weekend Unlimited Inc. among others.

James Nelson, president of Spearmint, stated: “We are very pleased to be able to acquire this district-size prospect bordering Serengeti Resources Inc. who yesterday announced a major new copper-gold discovery. Management is formulating work programs for this new prospect right away as well as being active on our gold properties bordering GT Gold in the Golden Triangle of B.C., and planning to become active on our Quebec vanadium properties shortly. Recently, the company has also engaged a new IR specialist to increase investor awareness as we enter this exciting time period.”

About Spearmint Resources Inc.

Spearmint’s current projects also include three areas of focus on gold in British Columbia: the Golden Triangle gold prospects comprising four separate claim blocks totalling 4,095 acres bordering GT Gold Corp., the Gold Mountain prospects comprising three separate claim blocks totalling 1,245 acres bordering Barkerville Gold Mines and the 3,052-acre Neba prospect bordering Aben Resources Ltd. Spearmint’s 8,482-acre EL North nickel-copper prospect is a contiguous land package that includes the EL North, EL North 2 and the Buddy claims in the Eskay Creek camp bordering Garibaldi Resources Corp.

We seek Safe Harbor.

https://spearmintresources.ca/news/