Northwire Canada EditionWednesday, November 11, 2026
Sign inSubscribe
Northwire
⌕
Gold 3,991.10 −1.0% Silver 51.73 +1.0% Copper 6.26 +0.5% Oil 86.39 +0.4% Palladium 1,031.50 +1.1% AWM 0.025 +0.0% OR 50.79 −1.8% AUXX 5.30 −5.5% TNR 0.420 +40.0% ORCL 0.030 +0.0% ELD 47.71 −5.4% OPW 0.140 −6.7% CDE 21.43 −1.2% AEM 265.03 −2.0% WDO 27.75 −2.0% BEA 0.090 +0.0% GAU 3.41 −4.2% BTO 7.38 −2.2% IMG 25.75 −2.2% BOL 0.050 −16.7% CNT 0.030 +0.0% Gold 3,991.10 −1.0% Silver 51.73 +1.0% Copper 6.26 +0.5% Oil 86.39 +0.4% Palladium 1,031.50 +1.1% AWM 0.025 +0.0% OR 50.79 −1.8% AUXX 5.30 −5.5% TNR 0.420 +40.0% ORCL 0.030 +0.0% ELD 47.71 −5.4% OPW 0.140 −6.7% CDE 21.43 −1.2% AEM 265.03 −2.0% WDO 27.75 −2.0% BEA 0.090 +0.0% GAU 3.41 −4.2% BTO 7.38 −2.2% IMG 25.75 −2.2% BOL 0.050 −16.7% CNT 0.030 +0.0%
Drill Results

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.

Oct 22, 2026 · 05:01

Spartan’s updated mineral resource estimate increases tonnage at a higher cutoff grade, paving the way for a fourth-quarter economic study.

Resource Estimate Sep 24, 2026 · 05:01

Spartan advances its 3,000m Tungstonia drilling program after receiving Bureau of Land Management approval for seven new drill pads.

Drill Results Sep 18, 2026 · 05:01

Spartan’s geophysics confirms deep vein extensions and a porphyry target at its Eagle Project.

Drill Results Aug 24, 2026 · 05:01

Spartan begins maiden drilling at the Eagle project, advancing its exploration plan as planned.

Drill Results Aug 06, 2026 · 06:18

Spartan finalizes share consideration for the Ridgeline acquisition while continuing exploration at its Eagle Project.

M&A / Property Jul 16, 2026 · 05:01

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

Drill Results