on Sparton Resources Inc. (CVE:SRI)
Sparton Resources Publishes N-I 43-101 Technical Report for Morrison Mine
Sparton Resources Inc. has reported the filing of an independent N-I 43-101 Technical Report for the Morrison Mine Project. This project was initiated after Sparton secured an option to acquire the Morrison Silver Mine property in Ontario. In an agreement with Glen Eagle Resources Inc., Glen Eagle can earn up to a 70% interest in the Morrison Property by financing exploration expenditures. The agreement will result in a joint venture with Glen Eagle holding a 70% interest and Sparton a 30% stake.
The Morrison Mine, renowned for its native silver, has a history of producing over 750,000 ounces of silver. It is positioned in Ontario's historic Gowganda silver camp. A recent exploration permit has been issued, paving the way for planned drilling operations. This initiative marks a significant step toward advancing mining operations on the Morrison Property while leveraging the expertise of both Sparton and Glen Eagle.
R. P.
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