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Sparton Announces Diamond Drill Program and the Closing Of Private Placement Offering For its Quebec Critical Metals Exploration Programs
CRMLCritical Metals(CRML) GlobeNewswire News Room·2024-07-18 21:01

The Company intends to use the proceeds of the offering for the exploration on the Quebec side of the Company's Pense-Montreuil Project which straddles the Ontario-Quebec border. Historical work has identified zinc-copper-nickel mineralization with minor cobalt values. Airborne electromagnetic and magnetic surveys ("EM" and "MAG") and follow-up ground truthing by the Company have identified over 5 untested, short strike length, EM and coincident magnetic anomalies on the Quebec portion of the project with g ...