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 major gold producing trends in northeastern Ontario and northern Quebec, where it holds interests in three exploration prospects. The Bruell Property, which hosts a new gold discovery. The Oakes and Pense Properties, near Matachewan and Englehart, in Ontario, are in close proximity to Alamos Gold’s producing Young Davidson Mine and the Kirkland Lake gold producing area. The Bruell Property is located in Vauquelin Township, Quebec. The Oakes Gold Property is located in the Matachewan gold mining area of northern Ontario. The Company controls about 32 mining claims and three mining leases in the Matachewan Gold Area. The Pense Property is located 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.

TSXV:SRI - Post by User

Sparton Resources Inc

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Comment by Nergyon Feb 11, 2011 2:52pm

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Post# 18118754

RE: RE: Recent weakness?

No I don’t know when we could expect an update regarding the exploration plan, but we should get an update for the Vanadium project any day now. The warrants could be a reason.
Another reason could be a placement to cover for the debt or expansion of the germanium production facility.

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