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.

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Sparton Resources Inc

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Post by mingzhuon May 03, 2024 4:26pm

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Post# 36022486

reply from President of Sparton Lee Barker on ELD takeover

"Thanks--this is a good idea but I don't think its something Eldorado would consider --they only have to buy the 25% --for cash plus the royalty-
its of course an option but I doubt they would consider it unless they did a careful analysis of our company and not just the Bruell property.

If gold prices stay up hopefully they will buy us out -- late June is their decision deadline -L"

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Victoria Gold: No cyanide detected downstream since mine incident