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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 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

Bullboard Posts
Comment by xxtscon Sep 01, 2012 1:56am
194 Views
Post# 20287208

RE: Seriously....what is going on Lee? This is hig

RE: Seriously....what is going on Lee? This is hig

2012 Second Quarter Management Discussion & Analysis

Germanium:

.....Current objectives are to obtain the new Mining Licence for Huajun and resume operations and possibly
dispose of the Huajun property and assets to interested buyers at a good negotiated price....

Vanadium:

.....Subsequent to June 30, 2012, the acquisition of the Guojiaping Exploration Licence and vanadium
project was terminated...

Uranium:

....Subject to financing, a bulk extraction test program on the extraction of uranium from Lincang area waste
ash followed by completion of a scoping or prefeasibility level study is expected in the near future. It is
hoped that this will lead to final feasibility work by the end of 2013....

This isthe bitter reality.

Bullboard Posts