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.
