Sparton Resources Inc.

Sparton Resources Inc. announced today that it has begun its initial 2000-metre drill program on the Sir Harry Oakes Gold Project near Matachewan, Ontario. A 3 km access road has been completed and drill site locations set out with proper environmental guidelines and setbacks from the nearby lake. The current plan is for a total of 10 holes to be drilled, from 5 locations, designed to establish approximately 300 metres of [...]

Sparton Resources Inc. announced today that it has located a comprehensive data set of the past work carried out on the Oakes Gold Project, near Matachewan, Ontario. The information has been graciously provided by the family of the late Robert Peters, one of the former partners who managed the mining syndicate supported by the Harry Oakes interests up until 1995. These data will permit accurate placement of new drill [...]

Sparton Resources Inc. announced today that it has received its work permit from the Ontario Ministry of Energy Northern Development and Mines and completed the drone supported magnetic survey over most of the Oakes Gold Project, in Ontario. WORK PERMIT RECEIVED Effective September 4th, 2020, Sparton received a work permit for the Oakes Project area. The permit comprises approvals for core drilling and mechanical [...]

Sparton Resources Inc. is pleased to announce that VRB Energy Solutions Inc. reported, on August 23, 2020, that it has produced a more efficient 3rd generation vanadium battery and appointed their Chief Technology Officer, Dr. Mianyan Huang, as the new company CEO. Also announced, was the recognition of this new technological advance by the Beijing Government Committee for High and New Technology Development which awarded [...]

Sparton Resources Inc. announced the following today. Exploration Update At the Bruell Project, east of Val D’Or, Quebec, Eldorado Gold Corp. has completed a detailed airborne magnetic survey over the claim area as well as a mechanized till sampling program. Prospecting and geologic mapping is underway. The magnetic and till sampling data are being compiled to assist in guiding the field work. At the Oakes Project, near [...]

Sparton Resources Inc. announced today that it has completed, effective July 29, 2020, a $533,250 private placement financing through the sale of 3,620,000 Non-Flow Through Share Units and 5,870,333 Flow-Through Share Units to a number of individual accredited investors . A total of 9,490,333 units are to be issued. No Quebec Flow Through Share Units were sold as Eldorado Gold Corp. is carrying all the costs for the [...]

Sparton Resources Inc. announced today that it intends to enter into agreements for a private placement financing totalling up to $500,000 through the sale of up to a total of 8,333,333, Non-Flow Through Share Units, Flow Through Share Units and Quebec Flow Through Share Units, , in aggregate, to accredited investors. Each NFTSU is priced at $0.05 and each FTSU is priced at $0.06. QFTSUs are priced at $0.065 each. The [...]

Sparton Resources Inc. announced today that it has acquired eighteen additional mining claim units adjacent to or nearby to the Company’s Sir Harry Oakes Mining Leases held in the Matachewan gold mining area of northern Ontario . CLAIM PURCHASE AGREEMENT Sparton has executed a Purchase Agreement with a private owner to acquire a 100% unencumbered interest in the 18 claim units for a cash consideration. This increases the [...]

Sparton Resources is pleased to announce that VRB Energy Solutions Inc. announced via Twitter on June 2, 2020, the commissioning of a 5 kW vanadium redox battery, as part of a 10 kW photo-voltaic plus energy storage system pilot demonstration project with Hesteel Group Company Ltd, the largest steel and vanadium supplier in China. This solar-shifting pilot project is just the first step toward widespread deployment of the [...]

Sparton Resources Inc. announced updated plans today for its gold exploration projects in Ontario and Quebec. Sparton, as a requirement for exploration permit applications, has begun consultation with the Matachewan Ontario area Affected First Nations . These include the Matachewan First Nation, the Temagami First Nation, the Metis Nation and the Wabun Tribal Council. Support is expected from all groups and initial [...]