- Coal Investing News - http://coalinvestingnews.com -

Sparton reports 2009 Revenue From Huajun Operations

January 27, 2010 @ 7:20 pm In Coal Company News

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 [1]

Click here to access Sparton Resources Corporate Site [2]


Article printed from Coal Investing News: http://coalinvestingnews.com

URL to article: http://coalinvestingnews.com/1048/sparton-reports-2009-revenue-from-huajun-operations/

URLs in this post:

[1] Click here to access the entire press release: http://www.marketwire.com/press-release/Sparton-Announces-Second-Germanium-Concentrate-Sale-2009-Revenue-From-Huajun-Operations-TSX-VENTURE-SRI-1107926.htm

[2] Click here to access Sparton Resources Corporate Site: http://www.spartonres.ca/

Copyright © 2010 Coal Investing News. All rights reserved.