TheNewswire
16 Jun 2026, 07:05 UTC · 4h ago
Spartan Metals Discovers Two New Tungsten-Silver Veins at Tungstonia
NewsImpactScreener rates every claim in this story for market impact and maps it to the tickers most exposed.
TheNewswire
16 Jun 2026, 07:05 UTC · 4h ago
NewsImpactScreener rates every claim in this story for market impact and maps it to the tickers most exposed.
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4 claims · each scored for market impact
Spartan Metals discovered two new tungsten-silver veins (Spartan A and B) located 1km away from the primary historical production vein. — Expanding the known mineralized footprint suggests the project could be significantly larger than previously thought, increasing the asset's valuation.
+0.60The company identifies silver as a potentially significant value-add that was not reported in the mine's historical production. — Introducing a secondary precious metal credit can improve the project's economics and attractiveness to investors beyond tungsten alone.
+0.40Spartan plans to conduct approximately 3,000 meters of diamond core drilling at high-priority targets in early to mid-August. — Moving from backpack sampling to systematic diamond drilling is a critical catalyst for confirming resource tonnage and grade.
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Initial backpack drill assay results for the new veins are consistent with historical production grades of 0.6% to 1.12% WO3. — Validation against historical grades reduces exploration risk, though the samples are currently too small to prove commercial viability.
+0.20Which stocks this story touches
The company announced the discovery of two new tungsten-silver veins, expanding the potential scale of its Eagle Project.
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