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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
Post by bugbeeon Jan 31, 2014 12:07am
189 Views
Post# 22156587

Germanium Asset Sale

Germanium Asset Sale Yes Moon, caution prevails when establishing mining interests in PRC.

It is apparent the Chinese continue to be aggressive in securing its coal mining assets.

PRC is experiencing a rapid increase in the use of natural gas, solar and electric vehicles, however, China continues to be the 2nd largest consumer of oil and accounts for nearly half of the world's coal consumption.  Therefore, in looking forward, a far greater effort is required by the Chinese in the development of "green power energies". 

Any speculation what Sparton will do with the $2 million???


Bugbee
  

Bullboard Posts