Spartan Gold Ltd (SPAG) 0.0255 $SPAG Sphere Res
Post# of 273242
Sphere Resources' Subsidiary Spartan Gold in Advanced Stage of Review for Expansion of Gold Producing Assets
ACCESSWIRE - Tue Apr 07, 6:25PM CDT
VANCOUVER, BC / ACCESSWIRE / April 7, 2015 / Sphere Resources Inc (TSX Venture: SPH-H) ("the Company or Sphere" subsidiary Spartan Gold Ltd. (OTCQB: SPAG) ("Spartan", of which Sphere owns 46.4%, has for the last 18 months been working on identifying several past producing gold mines in Ecuador. After vigorous evaluations Spartan has identified a significant gold project in Southern Ecuador and is in the midst of a final due diligence of the properties for the expansion of gold resources and its production facilities. The acquisition will be completed after Spartan completes its final due diligence and financing is finalized.