
Stage of Development: Exploration
Commodity: Tungsten, Molybdenum, Silver
Country/Region: United States
Market Cap: USD 12.8M
Corporate Presentation: Go to presentation
Project Locations: US - Eagle Project in Nevada and Victorio Project in New Mexico
Website: Spartan Metals Corp.
Spartan Metals is focused on developing critical minerals projects in well-established and stable mining jurisdictions in the Western United States, with an emphasis on building a portfolio of diverse strategic defense minerals such as Tungsten, Rubidium, Antimony, Bismuth, and Arsenic. Spartan’s high quality project portfolio includes an option to earn 100% of the Victorio Tungsten-Molybdenum Project in New Mexico and the 100% owned Eagle Tungsten-Silver-Rubidium Project in Nevada. Victorio hosts one of the largest tungsten resources in the United States and contains significant concentrations of beryllium and fluorspar, while the Eagle Project consists of the highest-grade historic tungsten resource in the USA which includes significant under-defined resources consisting of: high-grade silver; rubidium; antimony; bismuth; indium; as well as precious and base metals.
Management Profile:
Brett Marsh, President & CEO
Mr. Marsh has over 25 years of diverse mining and exploration experience in critical minerals, base, and precious metals. He has actively developed multiple DoD and DoE grants for US Critical Mineral Projects and led definition and development of the McDermitt Lithium project in the western US.
What are your key goals for the next 3 months?:
Drilling will start in the next 30 days and assays will be returned from geophysical work that has been completed. An updated PEA will be released on the largest tungsten deposit (Victorio) in the United States.
What are your corporate activities?:
A robust IR plan and marketing campaign is now in place. Spartan is currently seeking non-dilutive funds through various U.S. departments that are seeking supply of critical metals of which Spartan has between its two properties, tungsten being the priority. Spartan is also seeking key banking groups to partner with to help finance further development of its two properties.