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Sparton Resources Inc V.SRI

Alternate Symbol(s):  SPNRF

Sparton Resources Inc. is a Canada-based mineral exploration company. The Company is focused on exploring gold projects near producing mines on or near the gold producing trends in northeastern Ontario and northern Quebec, where it holds interests in three exploration prospects. Its properties include Oakes Gold Property, Pense Property and Bruell Gold Property. Its Oakes Gold Property is located in the gold producing area, on the extension of the Kirkland-Larder lake gold structural system. The Company controls approximately 46 mining claims and three mining leases in the Matachewan Gold Area, comprising about 736 hectares or 1472 acres. It has an option to explore the 39 claim (865 hectare) Pense Property in Pense Township, Ontario. The claims are located near the Quebec provincial border, approximately 25 kilometers east of Englehart, Ontario, in the Larder Lake Mining Division. It has over 51 claims in the Bruell property package, which is located in Vauquelin Township, Quebec.


TSXV:SRI - Post by User

Bullboard Posts
Post by xxtscon May 20, 2011 10:08am
393 Views
Post# 18606055

Vanadium

Vanadium

What Is Vanadium? Is The Demand Large Enough To Be An Attractive Investment?

World Resources:

World resources of vanadium exceed 63 million tons. Vanadium occurs in depositsof titaniferous magnetite, phosphate rock, and uraniferous sandstoneand siltstone, in which it constitutes less than 2% of the host rock.Significant amounts are also present in bauxite and carboniferousmaterials, such as crude oil, coal, oil shale, and tar sands. Because vanadiumis usually recovered as a byproduct or coproduct, demonstrated worldresources of the element are not fully indicative of available supplies.While U.S.domesticresources and secondary recovery are adequate to supply a large portionof U.S. domestic needs, a substantial part of U.S. demand is currentlymet by foreign material because it is currently uneconomic to mine vanadium in the United States, but this is changing and people are now investing in vanadium because the demand is on the rise, and vanadium fuel cells will be coming online. Investing in vanadium energy storage companies is your best chance of winning on vanadium investments.


Investing In Vanadium Metal

Ultra high-strength and super-light steels are the plastics of the 21st century which makes investing in vanadiumcompaniesproducing this steel a good choice. There is high demand for thesesteels for use in everything from jet engines to rail components. Inturn, there is a big push for the quirky metals so critical in makingthem. And in those quirky metals are good opportunities for all metalinvestors. One of them is vanadium.

Investing In Vanadium Mining Companies

This is the perfect time to start investing in vanadium stocks as the rocketing vanadium spot price is no mystery. Demand is strong which makes a good investment, while supplies are constrained and not a lot of production. Because of this many vanadium investments are mining companies that are hoping to be at a production fase within the next few years. Nothing is a guarantee ever in the Junior Venture vanadium mining and investing world. A big part of the supply constraint lies in South Africa with a sizable American deposit as well. As everyone knows, South Africa, actually “Africa” has many issues. Power being the biggest on for the vanadium mines.They have no way to operate at maximum steam ahead because they don’thave enough power. The CEO of Windimurra Vanadium, an Australian mining company, put it: “The market is very sensitive to power supply issues. Large South Africanminers are facing up to 15 percent restrictions to their power supply…The supply of vanadium will remain tight, and that’s factoring in a bestscenario for South African producers, which is no guarantee.” March2011, Xstrata (XTA1400.00 ?0.54%) was the largest vanadium producer, putting out about 12 percent of the world’s vanadium stock, and will be cutting deliveries by 25% in the second quarter.

Investing In Vanadium Redox Technology

The other reason for investing in vanadium stocks are the advantages of the vanadium redox battery which obviously needs vanadium to run. The vanadium redox battery and the lithium-vanadium batteries offer almost unlimited capacity by increasing the size of their reservoir. The vanadium redox batterystorage tank can be left completely discharged for long periods withproblems and recharges by dumping an electrolyte liquid into it. Otherfeatures that make investing in vanadium technology ideal for future renewable energy and having grid operations include the independent sizing of power and energy capacity you can make a much longer life for the vanadium redoxfuel cell, while having high efficiency and fast charging response times. Investing in vanadium stock that are investing their time into vanadium redox fuel cells is a great way to join the renewable green energysector, and taking your part in investing in green companies ratherthan companies that destroy the planet ie: Oil Spills! Thanks BP (44.40 ?1.16%)! That aint going away any time soon!

https://www.vanadiumsite.com/investing-in-vanadium/

Presentation-April 12, 2011
Byron Capital Markets - Electric Metals Conference on Sparton Website:




GUOJIAPING:

Equity 65:35 JV with government exploration group
Mining License Application – NI-43-101 compliant
potential resource target of >300Mlbs of contained V2O5
Additional drilling planned to increase the resources

18Mt of ore hosting >300 Million Pounds V2O5 (min.) – (NI-43-101 potential target )
In situ value of contained V2O5 > US$2.0 Billion
Potential to double this resource
MINING & METALLURGY
Low Cost Open Pit Mining, consistent Flat Lying Zones, 5 - 15 Metres Thick
Average Grades 0.8-1.1% V2O5
Very Low Initial Stripping Ratio 1:1
12 year mine-life at 1.5Mt per annum (5000tpd) mining rate
Full Local Infrastructure in place (labour, power, transport)
70 - 90% Recoveries in initial metallurgical testing, newly patented technology
Low Capital Cost Estimates for Startup

RENTIAN :

80:20 JV under finalization with
government & private company
Mining License: projected over > 200Mlbs
of contained V2O5 (drilling ongoing)
New Processing Plant Completed 2010:
Capacity 1000t.p.a. of V2O5 powder

Active mapping, sampling and drilling program indicates significant vanadium potential
for resources in excess of 200M.lbs. V2O5
Identical Geology as Guojiaping with consistent Flat –Lying Ore Zones (5 m- 15m thick)
Low Cost Open Pit Mining with very low initial strip ratio,
High grade ore deposit: Average surface grades of 0.9% - >2.0% V2O5
New discovery of good grade copper / silver mineralized zone with the vanadium
mineralization
Full Local Infrastructure in place
PROCESS PLANT
New (1000tpa) V2O5 processing plant (12 months old)
Independent technical audit of Process Plant - completed
Metallurgical Testwork – completed, new technology patent applications accepted by PRC Patent Bureau
Process Plant - upgrade design completed & budgeted
Local market for waste generated from V2O5 Plant – (selling for USD$20/t)

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