Carson City 5/11/2011 7:30:00 PM
News / Stocks

Spartan Gold - Key Point Stock Report

Company making significant progress

Spartan Gold Ltd. (OTC.BB:SPAG), a diversified U.S. based junior gold exploration company, has been steadily growing its operations and revenues. Here is a round up of events at the company since the beginning of the year.

Early May - SPAG announced that a new discovery of Carlin-style gold mineralization, alteration, and felsic diking had been made on the Ziggurat property controlled by Spartan and its partner Mexivada Mining Corporation.

Mid April - Sparten saw a significant project expansion plan for the Poker Flats prospect located in Elko County, Nevada. In conjunction with its project partner Mexivada Mining Corporation, Spartan was able to secure and augment additional claim blocks to add to the original 25 claims defined and previously announced under the Option and Mining Claim Acquisition agreement dated December 22, 2010.

Early April - The company said that it has increased its net ownership in both of its Nevada gold properties to a 75% net working interest.

Early March - SPAG announce that it has completed a significant project expansion plan for the Ziggurat prospect located in Nevada. In conjunction with its Project partners.

Mr. Mick Gavrilovic, Spartan's COO, said, " We are moving at a pace which reflects the urgency of the gold industry to replace reserves and I am pleased with the level of productivity exhibited by the operations team on the ground.

Febuary - The company announced the appointment of Mr. Marcus Flis as Chairman of the Company's newly formed advisory board. Formerly a senior executive and project director at Rio Tinto Ltd. Mr. Flis bring nearly 30 years experience.

Mr. Marcus Flis commented, "I look forward to using my experience to help build Spartan Gold into a profitable and highly valuable Gold exploration and mining company."

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