21:29:26 EST Tue 25 Nov 2025
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Spartan Metals Corp
Symbol W
Shares Issued 37,218,826
Close 2025-11-25 C$ 0.29
Market Cap C$ 10,793,460
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Spartan Metals stakes additional 201 claims at Eagle

2025-11-25 17:56 ET - News Release

Mr. Brett Marsh reports

SPARTAN METALS DOUBLES TUNGSTONIA EXPLORATION AND MINING CLAIMS

Spartan Metals Corp. has significantly expanded its land position at its 100-per-cent-owned Eagle tungsten-silver-rubidium project in eastern Nevada, by staking an additional 201 claims at the Tungstonia claim block.

The 201 new claims cover 4,054 highly prospective new acres adjacent to existing Tungstonia claims, more than doubling the previous acreage.

Highlights:

  • Staked 201 new claims that increased the total Tungstonia claims to 353 covering 7,131 acres;
  • The new claims follow observations from recent field exploration program that indicated potential continuation of mineralization from the past-producing Tungstonia tungsten-silver mine that potentially contain additional high-grade tungsten-silver-rubidium veins plus carbonate replacement deposit mineralization containing high-grade silver, lead and copper;
  • The previously announced field exploration program that includes soil and rock sampling, mapping, and geophysics will also cover the newly staked claims.

Brett Marsh, Spartan's president and chief executive officer, stated: "The addition of these new claims further underscores the significant exploration potential and mineralization endowment we see at Tungstonia and allows us to consolidate our land position at the Eagle project. The exploration team identified these areas as having high potential to contain mineralization similar to what we already encounter at Tungstonia. This expanded footprint will allow us to evaluate the district-scale potential for high-grade critical metals at the Eagle project."

Spartan Metals commences trading on the Frankfurt Stock Exchange

Spartan Metals is pleased to announce that the company's common shares have commenced trading on the Frankfurt Stock Exchange under the symbol J03.

The company's common shares are also listed on the TSX Venture Exchange under the symbol W and the OTCQB Venture Market as SPRMF. The FSE is one of the world's leading international stock exchanges by revenue, profitability and market capitalization, and is the largest of Germany's stock exchanges.

Mr. Marsh commented, "As Spartan Metals grows, this listing on the Frankfurt Stock Exchange is another important milestone for us as we continue to expand and diversify our shareholder base."

About the Eagle project

The Eagle project presents a unique opportunity to delineate one of the largest and highest-grade tungsten and rubidium districts in the United States. The project consists of the past-producing high-grade Tungstonia and Rees/Antelope tungsten (tungsten-copper-silver) mines. Operations at these mines were from 1915 to 1942 with intermittent small-scale production occurring until 1956. Tungsten production from these two mines totalled 8,379 units at grades between 0.6 per cent to 0.9 per cent WO3.

The project is approximately 36.5 square kilometres in size and located approximately 120 kilometres northeast of the town of Ely in the Kern Mountains of White Pine county, Nevada. The project covers 9,033 acres consisting of 445 Bureau of Land Management unpatented lode mining claims.

Three deposit types are present at Eagle: porphyry, skarn and carbonate replacement that contain significant or anomalous grades of tungsten, silver and rubidium plus copper-antimony plus or minus gold-lead-zinc-bismuth-arsenic across three project focus areas that also include the potential to recover W-Rb-Ag from the legacy Tungstonia mill tailings.

The technical information contained in this news release has been prepared under the supervision of, and approved by, Brett R. Marsh, CPG. Mr. Marsh is president and chief executive officer of Spartan Metals, a qualified person as defined under National Instrument 43-101 (Standards of Disclosure for Mineral Projects).

About Spartan Metals Corp.

Spartan Metals is focused on developing critical mineral projects in well-established and stable mining jurisdictions in the western United States, with an emphasis on building a portfolio of diverse strategic defence minerals such as tungsten, rubidium, antimony, bismuth and arsenic.

Spartan's flagship project is the Eagle project in eastern Nevada that consists of the highest-grade historic tungsten resource in the United States (the past-producing Tungstonia mine) along with significant underdefined resources consisting of: high-grade rubidium, antimony, bismuth and indium, as well as precious and base metals.

We seek Safe Harbor.

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