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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.
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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/
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