Bippity Boppity Boo
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SCOTTSDALE, AZ–(Marketwire – May 4, 2011) – Spartan Gold Ltd. (“Spartan” or the “Company”) (OTCBB: SPAG), a diversified U.S. based junior gold exploration company, is pleased to announce that a new discovery of Carlin-style gold mineralization, alteration, and felsic diking has been made on the Ziggurat property controlled by Spartan and its partner Mexivada Mining Corporation. This new discovery is similar to findings at Newmont Mining Corporation’s adjacent Northumberland Mine property. The “Whitehorse” discovery occurs in a “window” of Paleozoic rocks apparently not examined previously by modern geologists.
The new Whitehorse discovery extends to the southeast into a previously mapped mineralized area indicating a possible large size resource for the overall target area. Old claims were staked in this region in the early 1900s and it appears that this area has been undisturbed since that time. The findings were so substantial our geological team procured rock chip samples from Whitehorse and delivered them to an assay lab for geochemical analysis. We look forward to disclosing the results from this initial work on the new discovery when it becomes available.
The thoroughness of the geological mapping of the outcrop during analysis of the expanded Ziggurat property led to the discovery and definition of the new Whitehorse target area. Magnetic and gravity surveys have just been completed on the property and this information will be integrated with the finalization of an updated NI 43-101 compliant technical report encompassing the entire property, which includes the new Whitehorse discovery.
Mr. Malcolm Stevens, Spartan’s CEO, stated, “One component that drives Spartan forward competitively is the willingness of the Spartan geologists and operational team to continually go above and beyond in their diligence to perform in their work.”
Mr. Stevens continued, “This is an exciting time for Spartan and its shareholders. We will continue our efforts to bring these projects to a high level of productivity and to capitalize on the opportunities in this growing gold market. The commitment and competency of the members of our team will differentiate our company from others in the area. The Whitehorse discovery is a perfect example of this effort translating into value.”
About Spartan Gold Ltd.
Spartan Gold Ltd. (OTCBB: SPAG) is a publicly traded U.S. based junior gold exploration and mining company with gold exploration and development activity centered in both the Carlin-Rain and Round Mountain-Northumberland Gold Trends in Nevada. Spartan’s Poker Flats prospect is located in the Carlin region and Round Mountain-Northumberland mining districts of Nevada are home to the Ziggurat project. The Company also has mining interests in the northeast region of Alabama in the historical Arbacoochee Mining District.
Poker Flats began with 500 acres in the Carlin region which is home to some of the world’s leaders in the mining industry. Neighboring mining projects north and south of Poker Flats include Newmont Mining Corporation, Gold Standard Ventures Corporation, and Premier Gold Mines Limited. The company has recently expanded Poker Flats to 3,600 acres and now holds an option for 75% majority ownership of this project. The geological mapping process is under way, as well as the first phase interpretations of Poker Flats including an updated NI 43-101 report.
Spartan has completed a significant project expansion plan for the Ziggurat prospect located in Nevada comprising 6,800 acres; this expansion brings the claim total to 343. The Company holds an option for 75% majority ownership of this project as well. The geological mapping process is under way, as well as the first phase interpretations of Ziggurat including an updated NI 43-101 compliant technical report encompassing the entire property.
The Company is currently pursuing opportunities for several acquisition targets around the world and focusing on operational plans for current projects. Spartan has selected an international board of directors and advisors with over 90 years of combined experience in the exploration and development of global mining projects. Spartan’s commitment to asset growth and increased shareholder value will be sustained by the development of highly prospective projects, accelerated exploration activities and the acquisition of viable resources.
DISCLAIMER
Forward-Looking Statements: Except for statements of historical fact, this news release contains certain “forward-looking statements” as defined by the Private Securities Litigation Reform Act of 1995, including, without limitation expectations, beliefs, plans and objectives regarding the development, use and marketability of products. Such forward-looking statements are based on present circumstances and on Spartan Gold Ltd. predictions with respect to events that have not occurred, that may not occur, or that may occur with different consequences and timing than those now assumed or anticipated. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, and are not guarantees of future performance or results and involve risks and uncertainties that could cause actual events or results to differ materially from the events or results expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, changes in metal prices, the ability to successfully fund any exploration activities, consumer and business consumption habits, the ability to fund operations and other factors over which Spartan Gold Ltd. has little or no control. Such forward-looking statements are made only as of the date of this release, and Spartan Gold Ltd. assumes no obligation to update forward-looking statements to reflect subsequent events or circumstances. Readers should not place undue reliance on these forward-looking statements. Risks, uncertainties and other factors are discussed in Spartan Gold Ltd. Form 10-K for its fiscal year ended December 31, and other documents filed from time to time by Spartan Gold Ltd. with the Securities and Exchange Commission.
SCOTTSDALE, AZ–(Marketwire – April 13, 2011) – Spartan Gold Ltd. (“Spartan” or the “Company”) (OTCBB: SPAG), a diversified U.S. based junior gold exploration company, is pleased to announce that it has completed a significant project expansion plan for the Poker Flats prospect located in Elko County, Nevada. In conjunction with its project partner Mexivada Mining Corporation, Spartan was able to secure and augment additional claim blocks to add to the original 25 claims defined and previously announced under the Option and Mining Claim Acquisition agreement dated December 22, 2010.
Spartan’s team has placed additional location monuments on the ground locking up 67 new claims for this project and bringing the claim total to 92 claims for the Poker Flats property encompassing 1,840 acres. The geological team will complete all the claim filings with the Bureau of Land Management when all corner posts are placed to define the claim boundaries. Additionally, the company has completed two separate transactions with local land owners securing private land mineral rights and private land surface use rights adding a strategically important land acquisition of 1,760 acres to the Poker Flat footprint.
Spartan has closed escrow on the private land acquisition deals which expanded the total project footprint to an estimated 3,600 acres from the original 500 acres. The new claim blocks and private land rights now included in the Poker Flats project are surrounded by Newmont Mining Corporation’s Emigrant project on the northern border and many other productive projects including Newmont’s Rain-Tess Mine, Premier Gold Mines Limited’s Saddle Mine and Gold Standard Ventures Corporations’ Railroad project which are all in close proximity to Poker Flats in this area.
Spartan’s team is now conducting geological mapping and analysis, in conjunction with geophysical mapping involving gravity and magnetic survey work. Once mapping and interpretations are completed, Spartan will proceed with the finalization of an updated NI 43-101 compliant technical report encompassing the entire property which includes the private land rights to better define future drill and exploration targets.
Mr. Malcolm Stevens, Spartan’s CEO, stated, “The significant progress we have made on the Poker Flats project is nothing short of extraordinary. We are extremely pleased with the achievements over the last two months, a feat that is rarely matched in today’s environment.”
Mr. Stevens continued, “Expanding the claim blocks and project footprint for Poker Flats is a considerable achievement which takes a very important value step for the shareholders of the company. This adds tremendous potential to our exploration goals and improves the possibility of success exponentially.”
About Spartan Gold Ltd.
Spartan Gold Ltd. (OTCBB: SPAG) is a publicly traded U.S. based junior gold exploration and mining company with gold exploration and development activity centered in both the Carlin-Rain and Round Mountain-Northumberland Gold Trends in Nevada. Spartan’s Poker Flats prospect is located in the Carlin region and Round Mountain-Northumberland mining districts of Nevada are home to the Ziggurat project. The Company also has mining interests in the northeast region of Alabama in the historical Arbacoochee Mining District.
Poker Flats began with 500 acres in the Carlin region which is home to some of the world’s leaders in the mining industry. Neighboring mining projects north and south of Poker Flats include Newmont Mining Corporation, Gold Standard Ventures Corporation, and Premier Gold Mines Limited. The company has recently expanded Poker Flats to 3,600 acres and now holds an option for 75% majority ownership of this project. The geological mapping process is under way, as well as the first phase interpretations of Poker Flats including an updated NI 43-101 report.
Spartan has completed a significant project expansion plan for the Ziggurat prospect located in Nevada comprising 6,800 acres; this expansion brings the claim total to 343. The Company holds an option for 75% majority ownership of this project as well. The geological mapping process is under way, as well as the first phase interpretations of Ziggurat including an updated NI 43-101 compliant technical report encompassing the entire property.
The Company is currently pursuing opportunities for several acquisition targets around the world and focusing on operational plans for current projects. Spartan has selected an international board of directors and advisors with over 90 years of combined experience in the exploration and development of global mining projects. Spartan’s commitment to asset growth and increased shareholder value will be sustained by the development of highly prospective projects, accelerated exploration activities and the acquisition of viable resources.
DISCLAIMER
Forward-Looking Statements: Except for statements of historical fact, this news release contains certain “forward-looking statements” as defined by the Private Securities Litigation Reform Act of 1995, including, without limitation expectations, beliefs, plans and objectives regarding the development, use and marketability of products. Such forward-looking statements are based on present circumstances and on Spartan Gold Ltd. predictions with respect to events that have not occurred, that may not occur, or that may occur with different consequences and timing than those now assumed or anticipated. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, and are not guarantees of future performance or results and involve risks and uncertainties that could cause actual events or results to differ materially from the events or results expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, changes in metal prices, the ability to successfully fund any exploration activities, consumer and business consumption habits, the ability to fund operations and other factors over which Spartan Gold Ltd. has little or no control. Such forward-looking statements are made only as of the date of this release, and Spartan Gold Ltd. assumes no obligation to update forward-looking statements to reflect subsequent events or circumstances. Readers should not place undue reliance on these forward-looking statements. Risks, uncertainties and other factors are discussed in Spartan Gold Ltd. Form 10-K for its fiscal year ended December 31, and other documents filed from time to time by Spartan Gold Ltd. with the Securities and Exchange Commission.
SCOTTSDALE, AZ–(Marketwire – April 7, 2011) – Spartan Gold Ltd. (“Spartan” or the “Company”) (OTCBB: SPAG), a diversified U.S. based junior gold exploration company, is pleased to announce that it has increased its net ownership in both of its Nevada gold properties to a 75% net working interest. The Company recently exercised amendments to the previously announced Option and Mining Claim Acquisition agreements for the Poker Flats and Ziggurat projects. These amendments now give the company an option to acquire an undivided seventy five percent (75%) super majority right, title and interest to both of the prospects located in the Carlin and Round Mountain-Northumberland Trends in Nevada respectively.
The Company’s Nevada gold properties consist of the Poker Flats property, located in the world renowned Carlin Trend and the 6,800-acre Ziggurat property located in the prolific Round Mountain-Northumberland Trend. In aggregate this region of Northeast Nevada has yielded gold production of more than 85 million ounces, worth well over $100 billion at current market prices. In addition these gold claims are in close proximity to numerous successfully producing gold mines operated by industry leaders such as: Barrick Gold Corporation, Newmont Mining Corporation, Fronteer Gold Inc., and Kinross Gold Corporation. The Company believes that by increasing its stake to 75% net working interest, it substantially enhances its strategic value and position moving forward.
Mr. Malcolm Stevens, CEO of Spartan Gold, stated, “Spartan Gold is now justified to move forward on a major exploration plan in one of the best mining camps in Nevada. Expanding the interest of our properties to a 75% majority position is a significant achievement and a very important value proposition for the shareholders of the company. The Company has recently completed significant geophysical work including magnetic and gravity surveys on both properties and expects to update the existing NI 43-101 Reports during April of 2011.”
Spartan Gold Ltd. (OTCBB: SPAG) is a publicly traded U.S. based junior gold exploration and mining company with gold exploration and development activity centered in both the Carlin-Rain and Round Mountain-Northumberland Gold Trends in Nevada. Spartan Gold’s Poker Flats prospect is located in the Carlin region and the Round Mountain-Northumberland mining districts are home to the Ziggurat project. The Company also has mining interests located in the northeast region of Alabama in the historical Arbacoochee Mining District.
The Nevada regions are endowed with major gold deposits managed and operated by many of the world leaders in the mining industry. Mining projects in these regions are currently operated by Barrick Gold Corporation (trading on NYSE and TSX), Kinross Gold Corporation (trading on NYSE and TSX) and Newmont Mining Corporation (trading on the NYSE and TSX). The projects owned by these companies, as well as several projects spearheaded by well-known junior exploration companies, are located in close proximity to the Poker Flats and Ziggurat gold properties in Nevada.
The Company is currently pursuing opportunities for several acquisition targets around the world and will continue to focus on operational plans for current projects. Spartan’s commitment to asset growth and increased shareholder value will be sustained by the development of highly prospective projects, accelerated exploration activities and the acquisition of viable resources. Spartan has selected an international board of directors and advisors with over 90 years of combined experience in undertaking exploration, development and funding of mineral and energy projects around the world.
DISCLAIMER
Forward-Looking Statements: Except for statements of historical fact, this news release contains certain “forward-looking statements” as defined by the Private Securities Litigation Reform Act of 1995, including, without limitation expectations, beliefs, plans and objectives regarding the development, use and marketability of products. Such forward-looking statements are based on present circumstances and on Spartan Gold Ltd. predictions with respect to events that have not occurred, that may not occur, or that may occur with different consequences and timing than those now assumed or anticipated. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, and are not guarantees of future performance or results and involve risks and uncertainties that could cause actual events or results to differ materially from the events or results expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, changes in metal prices, the ability to successfully fund any exploration activities, consumer and business consumption habits, the ability to fund operations and other factors over which Spartan Gold Ltd. has little or no control. Such forward-looking statements are made only as of the date of this release, and Spartan Gold Ltd. assumes no obligation to update forward-looking statements to reflect subsequent events or circumstances. Readers should not place undue reliance on these forward-looking statements. Risks, uncertainties and other factors are discussed in Spartan Gold Ltd. Form 10-K for its fiscal year ended December 31, and other documents filed from time to time by Spartan Gold Ltd. with the Securities and Exchange Commission.
SCOTTSDALE, AZ–(Marketwire – April 5, 2011) – Spartan Gold Ltd. (“Spartan” or the “Company”) (OTCBB: SPAG), a diversified U.S. based junior gold exploration company, is pleased to announce that it has received confirmation from DTC that Spartan is now DTC/CNS full service eligible effective April 1, 2011. The electronic trading platforms, now in place, are an integral component for institutional investment firms to engage in the market trading of the Company’s shares.
Spartan Gold Ltd. (OTCBB: SPAG) is a publicly traded U.S. based junior gold exploration and mining company with gold exploration and development activity centered in both the Carlin-Rain and Round Mountain-Northumberland Gold Trends in Nevada. Spartan Gold prospect Poker Flats is located in the Carlin region and the Round Mountain-Northumberland Mining districts are home to the Ziggurat project. The Company also has mining interests located in the northeast region of Alabama in the historical Arbacoochee Mining District.
The Nevada regions are endowed with major gold deposits managed and operated by many of the world leaders in the mining industry. Significant mining projects in these regions are currently operated by Barrick Gold Corporation (trading on the NYSE and the TSX), Kinross Gold Corporation (trading on the NYSE and the TSX) and Newmont Mining Corporation (trading on the NYSE). The projects owned by these companies, as well as several projects spearheaded by well-known junior exploration companies, are located in close proximity to the Poker Flats and Ziggurat gold concessions in Nevada.
The Company is currently pursuing opportunities for several acquisition targets around the world and will continue to focus on operational plans for current projects. Spartan’s commitment to asset growth and increased shareholder value will be sustained by the development of highly prospective projects, accelerated exploration activities and the acquisition of viable resources. Spartan has selected an international board of directors and advisors with over 90 years of combined experience in undertaking exploration, development and funding of energy and mineral projects around the world.
Forward-Looking Statements: Except for statements of historical fact, this news release contains certain “forward-looking statements” as defined by the Private Securities Litigation Reform Act of 1995, including, without limitation expectations, beliefs, plans and objectives regarding the development, use and marketability of products. Such forward-looking statements are based on present circumstances and on Spartan Gold Ltd. predictions with respect to events that have not occurred, that may not occur, or that may occur with different consequences and timing than those now assumed or anticipated. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, and are not guarantees of future performance or results and involve risks and uncertainties that could cause actual events or results to differ materially from the events or results expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, changes in metal prices, the ability to successfully fund any exploration activities, consumer and business consumption habits, the ability to fund operations and other factors over which Spartan Gold Ltd. has little or no control. Such forward-looking statements are made only as of the date of this release, and Spartan Gold Ltd. assumes no obligation to update forward-looking statements to reflect subsequent events or circumstances. Readers should not place undue reliance on these forward-looking statements. Risks, uncertainties and other factors are discussed in Spartan Gold Ltd. Form 10-K for its fiscal year ended December 31, and other documents filed from time to time by Spartan Gold Ltd. with the Securities and Exchange Commission.
For more information about Spartan Gold Ltd:
Please contact:
Investor Relations:
Mr. Seth Shaw
Tel: 917-796-9926
Email: seth@spartangoldltd.com
Corporate Office:
William H. Whitmore, Jr. President
13951 N. Scottsdale Rd, Suite 233
Scottsdale, AZ 85254
Office: (480) 391-7400
Fax: (480) 922-3659
SCOTTSDALE, AZ–(Marketwire – March 3, 2011) – Spartan Gold Ltd. (“Spartan” or the “Company”) (OTCBB: SPAG), a diversified U.S. based junior gold exploration company, is pleased to announce that it has completed a significant project expansion plan for the Ziggurat prospect located in Nevada. In conjunction with its Project partners, Spartan was able to secure and augment additional claim blocks to add to the original 57 claims defined and previously announced under the Option and Mining Claim agreement dated December 27th, 2010. Under management’s direction, Spartan Gold’s survey team has placed additional location monuments on the ground, locking up 286 new claims for this project and bringing the claim total to 343 claims for the Ziggurat property. The team will complete all the claim filings with the Bureau of Land Management, and this has expanded the project footprint to an estimated 6,800 acres from 1,140 acres. The new claim blocks now included in the Ziggurat project surround Fronteer Gold on the west, south and eastern side of their filed claims in this area.
Mr. Richard Redfern, President of Mexivada, has been instrumental in bringing the operating team on the ground together by working closely with Spartan Chief Operating Officer, Mr. Mick Gavrilovic. The Company has retained consulting geologist Mr. A. David Heyl. Mr. Heyl has extensive expertise in Carlin Trend style gold mineralization and is overseeing the geological mapping and geophysical interpretation work on the Ziggurat property, located within the Round Mountain-Northumberland Gold Trend in Nevada.
Spartan’s team is now conducting geological and geochemical mapping and analysis, in conjunction with geophysical mapping involving gravity and magnetic survey work. This is being done in order to better define future drill and exploration targets for the Ziggurat project. Once mapping and interpretations are completed, Spartan Gold will proceed with the finalization of an updated NI 43-101 compliant technical report encompassing the entire property. Mr. Heyl is a Qualified Person (QP) with the appropriate credentials and experience to issue a NI 43-101 technical report. Mr. Heyl is working directly with Gavrilovic to expedite the completion of the NI43-101 report.
Mr. Mick Gavrilovic, Spartan’s COO, said, “Dramatic progress can be made when a project has the right team and resources in place to execute on our exploration plan. We are moving at a pace which reflects the urgency of the gold industry to replace reserves and I am pleased with the level of productivity exhibited by the operations team on the ground. The exploration progress we have made on the Ziggurat project is a substantial achievement and represents a significant development stage for the shareholders of the Company, coming within two months of entering into the Ziggurat Agreement.”
Spartan Gold CEO, Mr. Malcolm Stevens, commented, “We believed the Ziggurat property had all the components necessary to establish a very promising future in one of the great area plays in the best gold province in the USA today. This made Ziggurat an attractive investment opportunity in the beginning and we were pleased to have closed this deal on behalf of the shareholders.”
Mr. Stevens continued, “The actions taken and advancements made to date by our management team and its partners in expanding this claim block and project footprint for Ziggurat are significant achievements. This adds tremendous potential to our exploration goals and improves the possibility of success exponentially.”
It was recently announced that Colorado-based Newmont Mining Corp. is in the process of buying B.C.-based Fronteer Gold for an estimated 2.3 billion dollars. Both Newmont and Fronteer have project interests located in close proximity to the Company’s Poker Flats and Ziggurat properties, respectively. The Company is not insinuating that Newmont Mining Corp. or any other entity has approached it for the potential purchase of the Company’s nearby properties to Fronteer.
Spartan Gold Ltd. (OTCBB: SPAG) is a publicly traded U.S. based junior gold exploration and mining company with gold exploration and development activity centered in both the Carlin-Rain and Round Mountain-Northumberland Gold Trends in Nevada. The Carlin region is the location of the Spartan Gold prospect known as Poker Flats and Round Mountain-Northumberland Mining districts of Nevada are home to the Ziggurat project.
Each of these regions is endowed with major gold deposits operated by many of the world leaders in the mining industry. Major mining projects in the Carlin Trend are currently operated by Barrick Gold Corporation (trading on the NYSE and the TSX) and Newmont Mining Corporation (trading on the NYSE) which exist both north and south of the Poker Flats prospects respectively. Additionally, some of the major mining projects in the Round Mountain-Northumberland districts are currently operated by Barrick Gold Corporation and Fronteer Gold (trading on the ASE) which exist in close proximity to the Ziggurat prospect. The Company also has mining interests in the northeast region of Alabama in the historical Arbacoochee Mining District. The Company is currently pursuing opportunities for several acquisition targets around the world and focusing on operational plans for current projects. The directors, management and advisors of Spartan Gold have over 90 years of combined experience in the exploration and development of global mining projects.
Spartan’s commitment to asset growth and increased shareholder value will be sustained by the development of highly prospective projects, accelerated exploration activities and the acquisition of viable resources. Spartan has selected an international board of directors and advisors experienced in undertaking exploration, development and funding of numerous energy and minerals projects around the world.
Forward-Looking Statements: Except for statements of historical fact, this news release contains certain “forward-looking statements” as defined by the Private Securities Litigation Reform Act of 1995, including, without limitation expectations, beliefs, plans and objectives regarding the development, use and marketability of products. Such forward-looking statements are based on present circumstances and on Spartan Gold Ltd. predictions with respect to events that have not occurred, that may not occur, or that may occur with different consequences and timing than those now assumed or anticipated. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, and are not guarantees of future performance or results and involve risks and uncertainties that could cause actual events or results to differ materially from the events or results expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, changes in metal prices, the ability to successfully fund any exploration activities, consumer and business consumption habits, the ability to fund operations and other factors over which Spartan Gold Ltd. has little or no control. Such forward-looking statements are made only as of the date of this release, and Spartan Gold Ltd. assumes no obligation to update forward-looking statements to reflect subsequent events or circumstances. Readers should not place undue reliance on these forward-looking statements. Risks, uncertainties and other factors are discussed in Spartan Gold Ltd. Form 10-K for its fiscal year ended December 31, and other documents filed from time to time by Spartan Gold Ltd. with the Securities and Exchange Commission.
For more information about Spartan Gold Ltd:
Please contact:
Investor Relations:
Mr. Seth Shaw
Tel: 917-796-9926
Email: Email Contact
Corporate Office:
William H. Whitmore, Jr. President
13951 N. Scottsdale Rd, Suite 233
Scottsdale, AZ 85254
Office: (480) 391-7400
Fax: (866) 579-6018
For more information about Century Pacific Securities, Inc.:
See our website www.cpsinvest.com
Please contact:
Asa Williams
Managing Director
Century Pacific Securities, Inc.
Member FINRA/SIPC
5400 Carillon Point
Building 5000, Suite 422A
Kirkland, WA 98033
Office: (425) 576-4104
Email: Email Contact