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Spearmint Resources Receives Drill Permit for the Perron-East Gold Project in Quebec
Vancouver, British Columbia--(Newsfile Corp. - November 26, 2021) - Spearmint Resources Inc. (CSE: SPMT) (OTC Pink: SPMTF) (FSE: A2AHL5) (the "Company" or "Spea
About this update from Adelayde Exploration Inc.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - November 26, 2021) - Spearmint Resources Inc. (CSE: SPMT) (OTC Pink: SPMTF) (FSE: A2AHL5) (the \"Company\" or \"Spearmint\") is pleased to announce that the application for a permit to conduct exploration drilling on the Perron-East Gold Project has been approved by the Quebec Ministry of Forests, Wildlife and Parks. Spearmint's 100-percent owned Perron-East gold project in Quebec is located in the direct vicinity of Amex Exploration Inc. and Starr Peak Mining Ltd. On November 11, 2021, Amex Exploration Inc. announced significant drill results including 44.8 m of 8.25 g/t gold (Au) and 64.75 m of 1.22 g/t gold (Au) at Perron. On November 2, 2021, Starr Peak Mining Ltd. announced significant drill results from its ongoing 2021 drilling campaign with multiple VMS intersects up to 6.65% zinc-equivalent over 13.45 m, including 3.83 per cent Cu over 2.25 m. 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. Laurentia Exploration, the same geological team who've conducted significant drill programs for both Amex and Starr Peak, will be overseeing all aspects of Spearmint's upcoming drill program on the Perron-East Gold Project. Previous work programs on the Perron-East gold project have discovered multiple soil anomalies and an Induced Polarization (IP) survey over these anomalies have defined the highest priority drill targets. Spearmint is fully funded for this drill program using funds from a flow-through financing of $1 million dollars at twenty cents completed in May 2021, which included a lead investment by certain funds managed by Sprott Asset Management LP (\"Sprott\"). Spearmint expects to begin this much anticipated and fully funded drill program in December 2021. James Nelson, President of Spearmint Resources stated, \"We are very pleased to have now received the drill permit for the Perron-East gold project in Quebec, located in the direct vicinity of Amex Exploration Inc. and Starr Peak Mining Ltd. Both of these companies have recently undertaken significant drill programs utilizing the same geological team (Laurentia Exploration) that will be conducting Spearmint's drill program. This drill program is expected to commence in December 202...