Northwire Canada EditionSaturday, August 1, 2026
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S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0% S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0%
Drill Results Material +

Spartan Metal's New Land Package includes Past Producing Yellow Jacket Tungsten Mine

Spartan Metals Consolidates Nevada Tungsten District with Strategic Acquisition of Past-Producing Yellow Jacket Mine

By The Northwire Desk — AI Analysis Feb 05, 2026 · 08:01 W · 0.42 Spartan Metals Corp.
Executive Summary

The most recent news (February 5, 2026) announces the acquisition of the past-producing Yellow Jacket Tungsten Mine. This mine is located within the Tungstonia Claim block of Spartan's 100% owned Eagle Project in eastern Nevada. Key highlights include: - Historical production (1943-1944) averaged 1.12% WO3 (tungsten trioxide). - Two known mineralized zones: an eastern zone (~100m strike) and a western zone (~335m strike). - The acquisition allows the company to explore both vein-system (Tungstonia) and skarn-type (Yellow Jacket) mineralization. - Planned 2026 work includes geophysics, soil sampling, and diamond core drilling.

Material Impact

This news is Material - Positive for several reasons: - Resource Quality: The historical production grade of 1.12% WO3 is significantly higher than many global tungsten projects, confirming the "high-grade" nature of the district. - Strategic Diversification: Moving from purely vein-hosted targets to include skarn-type mineralization increases the probability of discovering a larger bulk-tonnage deposit. - Consolidation: This acquisition further consolidates a historic mining district under a single operator, increasing the project's attractiveness to mid-tier or major mining companies looking for domestic U.S. tungsten supply. - Execution: Management is following through on the "district-scale" strategy outlined in late 2025, showing disciplined growth through staking and acquisition rather than overpaying for distant assets.

W · Price
Company Overview

Spartan Metals Corp. is focused on "onshoring" critical minerals in the USA. Its flagship Eagle Project in Nevada is a multi-commodity asset primarily targeting Tungsten, but with significant Silver and Rubidium (Rb) secondary potential. The project includes three past-producing mines: Tungstonia, Rees, and now Yellow Jacket. The management team's pivot toward strategic defense minerals (Antimony, Bismuth) aligns with current U.S. Department of Defense priorities.

Read the original news release →

More from Spartan Metals Corp.

Jul 16, 2026 · 05:01

Spartan expands its Eagle Project tungsten footprint thirteen-fold to target domestic critical metal supply.

Drill Results Jul 07, 2026 · 05:01

Spartan’s historic grade validation at Rees reinforces district potential ahead of an August drilling catalyst.

Drill Results Jun 30, 2026 · 05:01

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Drill Results Jun 25, 2026 · 05:01

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Drill Results Jun 23, 2026 · 03:06

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

Drill Results Jun 16, 2026 · 03:05

Spartan Metals Discovers Two New Tungsten-Silver Veins at Tungstonia

Drill Results