Sparton Resources Inc V.SRI

Alternate Symbol(s): SPNRF

Energy

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

Sparton Resources Inc > great reply from CEO Lee Barker to my email on 3 questions

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Comment by mingzhuon Feb 04, 2022 6:39pm

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RE:RE:great reply from CEO Lee Barker to my email on 3 questions

you are welcome. The trigger is the certification because all new big contracts depend on it, new valuation depend on the new contracts. Assuming 4 much-talked 4 contracts for Gen3 are worth $1b revenue, VRB IPO may be valued as $5B, SRI owned 9% of $5b is $450m. That is called train reaction started by the certification. I expect SRI will fly on the certification.

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle