| Announcement Date: | 2023-05-10 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Sparton Resources Inc. |
| Project name: | Bruell |
| Location: | Canada |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 3m at 13.77g/t Au from 497.2m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | TORONTO, May 10, 2023 — Sparton Resources Inc. (SRI: TSX-V) (the “Company”) is pleased to announce positive early assay results from Eldorado Gold Corporation’s (“Eldorado”) 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 (eighteen) holes, in the initial 2023 program at Bruell. The work tested a variety of targets along a four-kilometer gold mineralization corridor extending from the Bruell 1, and 2 shafts to the west, eastwards beyond the Avocalon Shaft and past the “Sparton Zone”, located by the Company’s drilling in 2018, to the new “Penguin Anomaly”, located by Eldorado’s till and soil sampling program in 2020-21. The Penguin Anomaly is about 2 kilometers east of the Sparton Zone |
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