Northwire Canada EditionFriday, July 10, 2026
Northwire
TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0% TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0%
Drill Results Routine +

Spartan Metals' Exploration Program Confirms Tungsten Skarn Discoveries at past Producing Mine at Eagle Project, Nevada

Spartan’s Eagle Project skarn drilling confirms historic grades, though the deposit remains in the pre-revenue, pre-resource exploration stage.

Executive Summary
  • Spartan Metals confirmed tungsten skarn mineralization at the past-producing Yellow Jacket Mine, with rock chip samples returning 0.99% to 1.87% WO3.
  • A new SE Tungsten Anomaly was identified, revealing previously unreported molybdenum, beryllium, rubidium, and silver mineralization across a ~2 km area.
  • Backpack core drilling intersected short, low-grade intervals (e.g., 0.3m @ 0.21% WO3 and 0.33% Zn).
  • The company plans to advance its 2026 exploration program with continued surface sampling, ongoing ground geophysics, and approximately 3,000 meters of diamond core drilling scheduled for early to mid-August 2026.
  • QA/QC protocols are in place with American Assay Lab, reviewed by Qualified Person Brett R. Marsh.
Material Impact
  • This is a routine exploration update that validates the district-scale potential of the Eagle Project but does not alter the company's valuation, mine life, or NAV.
  • The news is expected and telegraphed as part of the announced 2026 work program.
  • No material financial or operational impact is realized at this stage.
W · Price
Company Overview
  • Spartan Metals Corp. is a critical minerals exploration company focused on tungsten, silver, and rubidium.
  • Primary asset: Eagle Project (~36.5 km²) in White Pine County, Nevada, encompassing the past-producing Yellow Jacket and Tungstonia mines.
  • Secondary asset: Victorio Tungsten-Molybdenum Project in New Mexico, acquired via option agreement.
  • Deposit types include porphyry, skarn, and carbonate replacement deposits (CRD).
  • The company is positioned to benefit from U.S. critical minerals onshoring initiatives and potential Department of Defense funding.
Read the original news release →

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