Sparton Resources Inc.

Sparton Resources Inc.

July 12, 2010 12:41 ET

Sparton Named 2010 Best Clean Technology-Asia Company from World Finance Magazine

TORONTO, ONTARIO--(Marketwire - July 12, 2010) - Sparton Resources Inc. (TSX VENTURE:SRI) (the "Company") is pleased to announce that World Finance Magazine ( has given Sparton its 2010 Best Clean Technology - Asia Award for the Company's innovative technology that can economically source nuclear fuel while resolving the issue of dealing with certain types of radioactive waste.

Sparton's subsidiary company Sparton Energy Inc. ("SEI") received the award through a nomination process initiated by World Finance's subscribers and adjudicated by an independent panel of judges. The current award follows increasing international recognition of Sparton's secondary uranium recovery programs in China which were previously highlighted in the April 8, 2010 issue of the Economist Magazine, and the February 22, 2010 edition of the Wall Street Journal.

The announcement of the Award and a detailed description of Sparton's programs, which focuses on the unique joint venture with the China National Nuclear Corporation to extract uranium from waste coal ash and other forms of uranium bearing waste, may be read in the virtual or hard copy editions of the July-August issue of World Finance, and on the Sparton Company website (

At the present time Sparton is the only foreign company permitted to produce uranium from any type of source material in China. 

About World Finance

World Finance is a leading financial magazine, produced every two months by World News Media from its global Headquarters in London England. The publication generates a timely and comprehensive information package of international financial, and socio-economic news and provides in depth analyses of current economic and technology trends

Sparton Resources Inc. is a Canadian mining and exploration company presently operating (through SEI) a producing germanium mine in China, and developing a secondary uranium recovery business in China and Canada from radioactive waste such as coal ash, mine waste and tailings, and other types of material.

Statements in this release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" in the Company's filings with Canadian securities regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not assume any obligation to update any forward-looking statements, save and except as may be required by applicable securities laws.

This news release and the information contained herein does not constitute an offer of securities for sale in the United States and securities may not be offered or sold in the United States absent registration or exemption from registration.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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