Sparton Resources Inc. is pleased to announce that Eldorado Gold Corporation has, effective April 18, 2024, exercised its option to acquire from Sparton an initial 75% interest in the Bruell gold project, east of Val D'Or, Québec. Further Option Extension Sparton and Eldorado have executed, effective April 18, 2024, a further amendment to the [...]
Sparton Resources Inc. reported today that it has accelerated exploration work on its two gold and critical metals projects in Ontario and Quebec. These include the Oakes project in Ontario and the Pense Project in northeastern Ontario and western Quebec. Bruell Project Quebec Eldorado Gold Corp. is also actively assessing the project data to [...]
Sparton Resources Inc. announced today that it has received preliminary results from an airborne electromagnetic and magnetic survey covering most of the 90 claim Pense Property in northeastern Ontario and western Quebec. The claims are located approximately 25 kilometres east of Englehart, Ontario. The Company is also pleased to announce that the [...]
Sparton Resources Inc. is pleased to announce it has received final approval from the TMX Venture Exchange of the non-brokered private placement announced on December 8th, 2023. This financing was fully closed effective December 31st, 2023, with conditional approval from the Exchange. Sparton has issued a total of 11,500,000 Flow-Through Share [...]
Sparton Resources Inc. is pleased to announce the closing on December 29th, 2023, of the second tranche of the non-brokered private placement announced on December 8th, 2023, for gross proceeds of C$205,000, . This financing is fully closed effective December 31st, 2023. Sparton has issued 1,500,000 Flow-Through Share Units of the Company at a [...]
Sparton Resources Inc. is pleased to announce the closing on December 29th, 2023, of the second tranche of the non-brokered private placement announced on December 8th, 2023, for gross proceeds of C$207,000. This financing is fully closed effective December 31st, 2023. Sparton has issued 1,500,000 Flow-Through Share Units of the Company at a price [...]
Sparton Resources Inc. is pleased to announce the closing on December 18, 2023, of the first tranche of the non-brokered private placement announced on December 8, 2023 for gross proceeds of C$500,000. Sparton has issued 10,000,000 Quebec Flow-Through Share Units of the Company at a price of C$0.05 per QFTS Unit for proceeds of C$500,000. Each QFTS [...]
Sparton Resources is pleased to report today that VRB Energy Inc. reported through its China domestic website, on October 29, 2023, the successful 10-year performance review of its 8Mwh GEN1 vanadium flow battery installed at the North China State Grid Zhangbei Renewable Energy Generation and Storage Demonstration Site about 180 km north of Beijing [...]
Sparton Resources is pleased to report today that Ivanhoe Electric announced, on August 30, 2023, that its 90% owned subsidiary, VRB Energy Inc., has received Underwriters Laboratories 1973 certification for its third generation Energy Storage System . UL 1973 is an internationally recognized global standard for commercially available battery energy storage. This is a major achievement for VRB Energy as the "Gen3 VRB-ESS®" is the only battery system currently available that is certified at the UL 1973 Standard for a 1-Megawatt Hour power module. This is the basic VRB Energy building block for its electricity storage systems. Sparton's interest in VRB Energy is held through a 90% interest in VanSpar Mining Inc. which in turns owns 9.975% of VRB Energy. Full information regardi... [...]
Sparton Resources Inc. is pleased to announce positive early assay results from Eldorado Gold Corporation's winter drilling program at the Bruell gold project, east of Val D'Or, Québec. Eldorado has completed 8,430 meters of oriented core drilling in 18 holes, in the initial 2023 program at Bruell. The work tested a variety of targets along a [...]
Sparton Resources Inc. announced today that the private placement financing announced in the Company news releases dated December 1st and December 30th, 2022, through the sale of 1,100,000 Flow Through Share Units to a number of individual accredited investors for total proceeds of $88,000 has now terminated. No cash commissions, finder's fees, or [...]
Sparton Resources Inc. announced today that it has closed, effective December 30, 2022, the first tranche of a $500,000 private placement financing through the sale of 1,100,000 Flow Through Share Units to a number of individual accredited investors for total proceeds of $88,000. Please see Sparton news release dated December 1, 2022. Each Unit [...]