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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 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

Comment by mingzhuon Jun 24, 2022 4:49pm
121 Views
Post# 34781404

RE:It is really big: cost is about $200m, annual revenue $744m

RE:It is really big: cost is about $200m, annual revenue $744mRemember : this is only one of 4 contracts in the working mentioned by CEO. I am going to email to CEO on this project after company issue a PR likely next week.
mingzhu wrote: "the planned total investment of the 300MW vanadium battery energy storage project is 1.008 billion yuan. After the project is completed, the annual output value will be 3.86 billion yuan, the tax revenue will be about 210 million yuan, and more than 200 people will be employed."



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