Sparton reports 2009 Revenue From Huajun Operations
Sparton Resources Inc. (TSX VENTURE:SRI) reported that the company has completed the second sale of germanium concentrate from its 51% owned 306 Huajun Coal Co. Ltd. which produces germanium concentrates and thermal coal in the Lincang area of Yunnan Province, China.
The press release is quoted as saying:
The Huajun mining and processing operations are currently being reviewed and a development plan is in preparation for accessing deeper ore and making minor modifications to the treatment process to increase recoveries. The initial results indicate the planned development will provide a minimum of 6 years of production at current rates. This planning is expected to be completed by mid February, 2010.
Click here to access the entire press release
Click here to access Sparton Resources Corporate Site
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Wed, Jan 27, 2010
Post by Mike Rodger, Coal Reporter