Spartan Resources provides exploration update at Dalgaranga Gold Project

Spartan Resources Limited (ASX: $SPR) has released updated drilling and assay information from recent drilling at its 100%-owned Dalgaranga Gold Project in the Murchison region of Western Australia. The company reported significant intercepts from resource in-fill and exploration drilling at the high-grade Never Never Gold Deposit, as well as a new broad intercept of significant gold mineralisation beneath the Gilbey's Complex Mineral Resource, which is part of the developing higher grade West Winds Gold Prospect.

Executive Commentary on Exploration Results

These latest drill-holes continue to demonstrate the untapped high-grade gold potential at Dalgaranga. Our drilling at the expanding Never Never Gold Deposit is consistently delivering high-grade gold drill intercepts, week after week, month after month. When you combine this with the high-grade intercepts that we're also seeing from the nearby Four Pillars and West Winds gold prospects, you can see why we're so excited about the potential ahead of us! We understand better than most just how difficult it is to exist as a gold producer with low grade ore feed and the consequential risk to cash margins. That is why as an exploration business we are focused and committed to finding high-grade ounces, delivering consistent high-grade resource growth and eventually solid high-grade reserves aimed at underpinning long-term, lower-risk re-start of gold production at Dalgaranga. These high-grade drill results continue to give us the confidence that we will succeed in our task to deliver value to all of our shareholders, rather than just talk about doing it.

Summary of Exploration Update

Spartan Resources has reported strong drill hits at its Dalgaranga Gold Project, indicating the potential for expanding high-grade underground resources. The company's focus on finding high-grade ounces and delivering consistent high-grade resource growth reflects its commitment to underpinning long-term, lower-risk re-start of gold production at Dalgaranga. With ongoing exploration activities and upcoming conference attendances, Spartan Resources remains dedicated to unlocking the potential of the Dalgaranga Gold Project and achieving its strategic goals.