OTC : DALXF
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Spartan Metals Expands Past-Producing Tungstonia Mine Mineralization Footprint More Than 13-Fold, Defining 5.7 km2 of Tungsten-Silver Veins with Assays up to 5.18% WO3
Vancouver, British Columbia--(Newsfile Corp. - July 16, 2026) - Spartan Metals Corp. (TSXV: W) (OTCQB: SPRMF) (FSE: J03) ("Spartan" or the "Company"), an exploration and development company focused on tungsten and critical minerals in the western United States, is pleased to announce assay results from recent sampling conducted within its Tungstonia Claims at its 100% owned Eagle Project, Nevada (Figure 1). Highlights: 8 confirmed tungsten-silver veins over a total area of approximately 2.7 kilometers ("km") by 2.1 km (~5.7 km 2 ) and have a cumulative surface strike length of approximately 6.8 km (Table 1 and Figure 3) which represents an approximate 13x increase in defined mineralization since Spartan acquired the Eagle Project in July 2025 (Figures 2 and 3) Vein 4 has been extended 400 meters ("m") southward along strike by rock samples 5.18% WO 3 to a total confirmed length of approximately 1.1 km New vein ("Spartan C") confirmed between Veins A and B at approximately 700 m length (Figures 2 and 3) with rock samples of 3.67% and 2.72% WO 3 Spartan B Vein has been extended 530 m with rock samples of 1.82% and 2.43% WO 3 to a total confirmed length of approximately 700 m (Figures 2 and 3) Spartan A Vein has been extended approximately 500 m via alteration mapping coinciding with tungsten in soil anomaly (Figures 2 and 3) Approximately 50% of Tungstonia Claims remain to be explored Table 1 Tungstonia vein system strike length Vein ID Approximate exposed surface length (km) Approximate width (m) Vein 1 2.5 1 to 3 Vein 2 0.2 1 Vein 3 1.0 1 Vein 4 1.1 1 to 2 Vein 5 0.1 1 Spartan A 0.5 Unknown Spartan B 0.7 Unknown Spartan C 0.7 Unknown All veins strike between N10E to N20E and dip 50 to 65 degrees east. newsfilecorp.com - 2026-07-16 05:00:00 |
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Spartan Delta: 2030 Projection & The Multi-Basin Optionality
A company rebuilt from almost nothing to C$4B asset base. Sold assets at the peak of the cycle, and returned more than $10 per share to investors. Two basins. Two different commodity exposures. One management team with a demonstrated ability to read cycles and act on it. An outside buyer just put a price tag on a slice of the Duvernay play — the implied valuation of SDE's full position is striking against today's enterprise value. seekingalpha.com - 2026-06-17 09:00:00 |