SOURCE: Spartan Gold Ltd.

Spartan Gold Ltd.

April 05, 2011 06:00 ET

Spartan Gold Ltd. Approved for Full DTC/CNS Eligibility Effective April 01, 2011

SCOTTSDALE, AZ--(Marketwire - April 5, 2011) - Spartan Gold Ltd. ("Spartan" or the "Company") (OTCBB: SPAG), a diversified U.S. based junior gold exploration company, is pleased to announce that it has received confirmation from DTC that Spartan is now DTC/CNS full service eligible effective April 1, 2011. The electronic trading platforms, now in place, are an integral component for institutional investment firms to engage in the market trading of the Company's shares. 

About Spartan Gold Ltd.
Spartan Gold Ltd. (OTCBB: SPAG) is a publicly traded U.S. based junior gold exploration and mining company with gold exploration and development activity centered in both the Carlin-Rain and Round Mountain-Northumberland Gold Trends in Nevada. Spartan Gold prospect Poker Flats is located in the Carlin region and the Round Mountain-Northumberland Mining districts are home to the Ziggurat project. The Company also has mining interests located in the northeast region of Alabama in the historical Arbacoochee Mining District.

The Nevada regions are endowed with major gold deposits managed and operated by many of the world leaders in the mining industry. Significant mining projects in these regions are currently operated by Barrick Gold Corporation (trading on the NYSE and the TSX), Kinross Gold Corporation (trading on the NYSE and the TSX) and Newmont Mining Corporation (trading on the NYSE). The projects owned by these companies, as well as several projects spearheaded by well-known junior exploration companies, are located in close proximity to the Poker Flats and Ziggurat gold concessions in Nevada. 

The Company is currently pursuing opportunities for several acquisition targets around the world and will continue to focus on operational plans for current projects. Spartan's commitment to asset growth and increased shareholder value will be sustained by the development of highly prospective projects, accelerated exploration activities and the acquisition of viable resources. Spartan has selected an international board of directors and advisors with over 90 years of combined experience in undertaking exploration, development and funding of energy and mineral projects around the world.

DISCLAIMER

Forward-Looking Statements: Except for statements of historical fact, this news release contains certain "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995, including, without limitation expectations, beliefs, plans and objectives regarding the development, use and marketability of products. Such forward-looking statements are based on present circumstances and on Spartan Gold Ltd. predictions with respect to events that have not occurred, that may not occur, or that may occur with different consequences and timing than those now assumed or anticipated. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, and are not guarantees of future performance or results and involve risks and uncertainties that could cause actual events or results to differ materially from the events or results expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, changes in metal prices, the ability to successfully fund any exploration activities, consumer and business consumption habits, the ability to fund operations and other factors over which Spartan Gold Ltd. has little or no control. Such forward-looking statements are made only as of the date of this release, and Spartan Gold Ltd. assumes no obligation to update forward-looking statements to reflect subsequent events or circumstances. Readers should not place undue reliance on these forward-looking statements. Risks, uncertainties and other factors are discussed in Spartan Gold Ltd. Form 10-K for its fiscal year ended December 31, and other documents filed from time to time by Spartan Gold Ltd. with the Securities and Exchange Commission.

For more information about Spartan Gold Ltd:

See our website www.spartangoldltd.com

Contact Information

  • Please contact:
    Investor Relations:
    Mr. Seth Shaw
    Tel: 917-796-9926
    Email: Email Contact

    Corporate Office:
    William H. Whitmore, Jr. President
    13951 N. Scottsdale Rd, Suite 233
    Scottsdale, AZ 85254
    Office: (480) 391-7400
    Fax: (480) 922-3659