Sparton Resources Inc.
TSX VENTURE : SRI

Sparton Resources Inc.

August 11, 2008 09:37 ET

Sparton Locates New High Grade Copper-Moly Zone at Whiskey Project-New Brunswick

INITIAL SAMPLING RESULTS SHOW UP TO 4.5% COPPER AND 0.63% MOLYBDENUM NEW INCENTIVE OPTIONS ISSUED

TORONTO, ONTARIO--(Marketwire - Aug. 11, 2008) - Sparton Resources Inc. (TSX VENTURE:SRI) (the "Company") reported today that it has located a new zone of mineralization on its 100% owned 'Whiskey' claim area in central New Brunswick. Preliminary grab and chip sampling results have returned significant values in copper, silver, and molybdenum. The new area is not located in one of the zones tested by the drilling program completed in March of 2008. (See Sparton news release dated February 20, 2007).

Subsequent to the completion of the winter 2008 drill program, the Government of New Brunswick, bowed to pressure from various local lobby groups and has declared a ban on all uranium exploration in the province. A moratorium on claim staking was also put in place pending the implementation of a new on-line system of mineral claim acquisition. As a consequence Sparton's summer program has focussed on copper exploration, and the uranium program has been suspended.

NEW ZONE RESULTS-HIGHLIGHTS

The newly discovered mineralization is hosted in an altered and brecciated, sub vertical, granitic intrusive emplaced in sedimentary rocks. The zone is intensely sheared and faulted and exposed in a rock face approximately eight meters wide. Assay results now available indicate continuous copper mineralization across the zone with four chip samples taken across the zone at right angles to the mineralized body returning higher values:



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SAMPLE NO. TRUE WIDTH %Cu PPM Ag(ii) %Pb %Mo
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GQ-JF-08-05 1 METER 1.00% 4.75 PPM 0.08% 0.03%
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GQ-JF-08-06 1 METER 1.51% 33.6 PPM 0.08% 0.14%
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GQ-JF-08-06A 0.5 METER 4.46% 115 PPM 0.40% 0.63%
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GQ-JF-08-07 1 METER 0.04% NSV NSV NSV
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GQ-JF-08-08 1 METER 0.04% " " "
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GQ-JF-08-09 1 METER 2.93% " " "
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GQ-JF-08-10 GRAB 0.05% " " "
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GQ-JF-08-11 1 METER 0.12% " " "
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GQ-JF-08-12 1 METER 0.02% " " "
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Samples GQ-JF-01 to 04 returned low values. Samples 11, 12 were taken about 15 meters along strike from 8 and 9 in similar mineralized material.

DISCUSSION

The discovery of this new zone and style of mineralization is very encouraging. The fact that the values are hosted in an intrusive rock unit and not previously recognized in this area opens up a new environment for exploration in the region.

A follow up program of soil sampling has recently been completed to trace extensions of the new zone under overburden covered areas, and results are expected to be available within 6-8 weeks. Additional chip sampling will be undertaken shortly and if similar positive results are received from this work a drilling program may be undertaken later this year.

New results will be reported when available.

NEW STOCK OPTIONS

Sparton has issued new incentive stock options to directors and consultants of the Company to purchase a total of 560,000 common shares of the Company exercisable at $0.10 per share for a five year period expiring on August 11, 2013.

All sample results reported here were analysed by ALS Chemex Canada Ltd. and the Company maintains industry standard control programs for sample Chain of Custody, Quality Control and Quality Assurance.

Sparton's domestic and international exploration and evaluation programs are being carried out under the direct supervision of A. Lee Barker, P. Eng., P Geol., the Company's President and CEO who is a Qualified Person under National Instrument 43-101.



(ii)Notes: - PPM equals parts per million
One troy ounce per tonne equals approximately 31.4 PPM

The TSX Venture Exchange has not reviewed and does not accept responsibility for adequacy or accuracy of the content of the information contained herein.

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