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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

Comment by Bluetickon Apr 30, 2021 9:40am
58 Views
Post# 33100253

RE:RE:New Update video from Lee

RE:RE:New Update video from LeeWhile watching the video I noticed the Natural Gas link up at the top of the page. So after the video I clicked on that link. I never knew that SRI had a working interest in part of a gas field ! Exxon Mobil ( Operator ) and Shell are majority owners of this. Sparton's share of these reserves at this time is 19.4 Billion Cubic Feet.( I don't know money wise what that is worth either. ) Funny with all these pieces owned in different places the share price can't stay above .07 ! No way to know what the money worth of VRB Energy is until they go public, but common sence should tell us that between VRB and 19.4 Billion cubic feet of gas we should be priced a little more than .07 would'nt you think ?? We will get to see the value someday I hope.  ....Bluetick
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