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     173  0 Kommentare Sparton Resources Inc. Announces Bruell Project Option Extension - Seite 2

    Ground Follow-Up

    Sparton currently has a ground crew doing reconnaissance follow-up of the airborne survey results and has now confirmed three of the new EM anomalies as legitimate responses. The work will continue to test other anomalies until Spring breakup conditions prevent reasonable access on existing trails.

    About the Pense Property

    There are a number of surface showings of steeply dipping sulphide mineralization hosted in intercalated sediments and mafic and ultramafic volcanic rocks (komatiites). At least 2 priority areas with past diamond drill hole intersections clearly warrant follow-up evaluation. These have been identified by the current airborne survey results.

    Copper, Zinc, Gold, Silver, Nickel and Cobalt have all been reported from past surface sampling and historical drilling. The last significant drilling program on the Property was in 1997. One historical hole, in 1997, recorded 0.893% copper,1.30% zinc, 4.12 grams per tonne silver, and 1.69 grams per tonne gold, over a core length of 9.02 metres. This zone was not followed-up with more drilling and is associated with a distinct magnetic and electromagnetic anomaly from past ground surveys, (Reference Ontario MNDM File Number MD131M13SE00008). This anomaly was confirmed by the current Target EM work.

    The Pense claims are accessible from paved Ontario Highways 11 and 569, local forestry roads and logging trails and Quebec Highway 101. The Property contains a number of stratigraphically and structurally hosted polymetallic mineral occurrences. The last significant ground work was done in 2008.

    “The Pense Property appears to have been overlooked in recent years and there is enough documented polymetallic mineralization on the Property to warrant this detailed survey work”, stated A. Lee Barker, Sparton’s CEO. “We are clearly delighted with the results of the survey and the new untested zones that have been located on the claims. The ground survey confirmation of these will lead to additional detailed ground survey work and drilling later this year. The area is easily accessible, and we are looking forward to continuing our evaluation in the coming weeks.”

    Cautionary Statement

    It should be noted that the historical technical data reported here are do not include any more recent information or data available to Sparton, and more work needs to be done to verify these historical results.

    A. L. Barker M.A.Sc., P. Eng., is the Qualified Person under NI 43-101 for the technical information in this news release and has reviewed all available data for the Pense Property area and approved the contents of this news release.

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    Sparton Resources Inc. Announces Bruell Project Option Extension - Seite 2 Positive Results Received From Detailed Airborne Survey on the Pense Critical Metals Project Ground Surveys Underway TORONTO, Feb. 28, 2024 (GLOBE NEWSWIRE) - Sparton Resources Inc. (TSXV-SRI) ("Sparton" or the "Company") announced today that it …