Spartan Resources update on Dalgaranga Gold Project

Spartan Resources Limited (ASX: $SPR) has released an update on its Dalgaranga Gold Project, located in the Murchison region of Western Australia. The company reported multiple wide, high-grade intercepts with grades of up to 126g/t Au from the final batch of in-fill and extensional assays from the first half of 2024 drilling. The update also includes imminent Mineral Resource Estimate updates for the Never Never and Sly Fox Gold Deposits, as well as maiden standalone MRE's for the Four Pillars, West Winds, and Pepper Gold Prospects. Additionally, the finalization of approvals and support activities for the underground development are well in train with development to commence in Q3 2024.

Spartan Managing Director and CEO, Simon Lawson's comments

These latest intercepts demonstrate the incredible potential of what we have found right in front of our processing plant at Dalgaranga. With the Never Never Gold Deposit, we have really shown what can happen with a change in mindset and the more recent discovery of the Pepper Gold Prospect has demonstrated that we are really onto something very special in this under-explored greenstone belt. Our drill teams are taking a well-earned rest at the moment while we catch up on the frantic pace of drilling and discovery. Our geology team is now finalizing the new Mineral Resource Estimate to collate our drilling efforts in the first half of this calendar year and update the Spartan value proposition. While we take a brief drilling hiatus, we are planning and prioritizing our second half exploration program so that we increase our momentum and keep driving the Spartan juggernaut forward!

Spartan Resources Dalgaranga Gold Project update summary

Spartan Resources (ASX: $SPR) has reported exceptional gold assays from the Dalgaranga Gold Project, with multiple wide, high-grade intercepts. The company is set to release imminent Mineral Resource Estimate updates for the Never Never and Sly Fox Gold Deposits, as well as maiden standalone MRE's for the Four Pillars, West Winds, and Pepper Gold Prospects. Additionally, the finalization of approvals and support activities for the underground development are well in train with development to commence in Q3 2024. Spartan's Managing Director and CEO, Simon Lawson, expressed confidence in the potential of the discoveries and outlined plans for the future exploration program to maintain momentum and drive the company's growth.