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    Sparton Resources Inc.  736  0 Kommentare Drill Program to Begin on Quebec Gold Property Vanadium Developments and Flow Battery Marketing Initiatives Continue

    TORONTO, ONTARIO--(Marketwired - Jan. 18, 2018) - Sparton Resources Inc. (TSX VENTURE:SRI) ("Sparton" or the "Company") announced today that it has signed a drill contract with Edcor Drilling Services for a minimum of 1,000 metres of core drilling on the Bruell Gold Property in Vauquelin Township, Quebec. The work is expected to start in the third week of January 2018 and requires a minimum of 3-4 weeks to complete.

    DRILLING PROGRAM

    The initial 1,000 metre program will involve testing an area on the east part of the claims where several past drill holes returned encouraging gold values associated with a 300 metre long Induced Polarization geophysical anomaly that has been incompletely tested.

    Drilling in this area in 2005 returned values of 5.32 gm/tonne gold over 2.44 metres and 6.51 gm/tonne gold over 2.13 metres in one drill hole, and 1.15 gm/tonne gold over 9.5 metres and 3.23 gm/tonne gold over 1.5 metres in an adjacent hole, 100 metres to the east. Approximately 5 holes are planned for this area. Three other areas on the claims have also been selected for initial testing. Each of these has encouraging gold values in past drilling and associated geophysical targets that have not been comprehensively tested.

    ACCESS AND INFRASTUCTURE

    The 36 Bruell claims are accessible from Val d'Or and Senneterre by paved Highways 117 and 113, and local forestry roads and logging trails. The property contains a number of structurally hosted vein type gold occurrences and two (2) shallow, vertical shafts, the Bruell 1 and Bruell 2, and one inclined shaft, the Avocalon (Aurora zone). Exploration work dates back to 1934, with the last significant work done in 2005. New winter logging operations taking place in the claim area will facilitate access to the planned drill sites with serviced road access now nearly completed.

    Follow up work will be planned after all assay information is available.

    VANADIUM DEVELOPMENTS

    Initial planning and budgeting for the Yao Wan Project evaluation in Shaanxi China is underway. The priority activities will be discussed with the property owners and a final program approved in early February. The priority will be to implement a shallow drilling program to acquire detailed information on the near surface Historical Estimates provided by the project database, which indicate a near surface vanadium mineralized zone containing 5,433,900 tonnes grading 1.02% V2O5 and containing 75,632 tonnes of V2O5. (See Company News Release dated January 2, 2018).

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    Sparton Resources Inc. Drill Program to Begin on Quebec Gold Property Vanadium Developments and Flow Battery Marketing Initiatives Continue TORONTO, ONTARIO--(Marketwired - Jan. 18, 2018) - Sparton Resources Inc. (TSX VENTURE:SRI) ("Sparton" or the "Company") announced today that it has signed a drill contract with Edcor Drilling Services for a minimum of 1,000 metres of core drilling …