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Sparton Resources Announces Positive Initial 2023 Results From Bruell Gold Project and Welcomes New Director
TORONTO, May 10, 2023 (GLOBE NEWSWIRE) -- Sparton Resources Inc. (SRI: TSX-V) (the “Company”) is pleased to announce positive early assay results from Eldorado
About this update from Sparton Resources Inc.
[{"type":"text","content":" TORONTO, May 10, 2023 (GLOBE NEWSWIRE) -- Sparton Resources Inc. (SRI: TSX-V) (the “Company”) is pleased to announce positive early assay results from Eldorado Gold Corporation’s (“Eldorado”) winter drilling program at the Bruell gold project, east of Val D’Or, Québec. Eldorado has completed 8,430 meters of oriented core drilling in 18 (eighteen) holes, in the initial 2023 program at Bruell. The work tested a variety of targets along a four-kilometer gold mineralization corridor extending from the Bruell 1, and 2 shafts to the west, eastwards beyond the Avocalon Shaft and past the “Sparton Zone”, located by the Company’s drilling in 2018, to the new “Penguin Anomaly”, located by Eldorado’s till and soil sampling program in 2020-21. The Penguin Anomaly is about 2 kilometers east of the Sparton Zone. RESULTS While core logging is still in progress and most assay data have not yet been received, visible gold was seen in core from Drill Hole BU- 23-14 at the Penguin Anomaly and priority analyses completed with the following results: BU-23-14 (azimuth 003 deg, Dip -50 Deg,) 497.2-500.2, 3.0 meters @ 13.77 grams / tonne Au Including: 497.2-497.7, 0.5 meters @ 73.92 grams/tonne Au 499.7-500.2, 0.5 meters @ 7.95 grams/tonne Au These results are from what appear to be north-east trending gently dipping quartz tourmaline veins not previously identified on the property, and Penguin is a new zone not previously identified in historical work at Bruell. The widths reported above are core lengths and true widths of the zones will be determined by future structural analyses. Follow up drilling will be determined after Eldorado does a complete review of all results. QUALITY CONTROL and QUALITY ASSURANCE Exploration activities on the Bruell project have been conducted under the direct supervision of Eldorado Gold Québec employee Nathalie Prud'homme, P.Geo. from Eldorado Gold who is a qualified person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects (\"NI 43-101\"), and has verified and approved, the scientific and technical disclosure contained in this press release in relation to the Bruell project. Eldorado operates its exploration programs according to industry best practices and employs rigorous quality assurance and quality control procedures. All results are based on half-core samples...