Sparton Resources Inc.
TSX VENTURE : SRI

Sparton Resources Inc.

May 31, 2006 09:15 ET

Sparton Reports First Drill Results For Bajoawa Area Luxi Gold Project, Yunnan China and Sierra Rosario Mexico Drilling Update

TORONTO, ONTARIO--(CCNMatthews - May 31, 2006) -

HIGHLIGHTS AT LUXI INCLUDE:

HOLE BA 0603 WITH 1.52 G/T GOLD OVER 9 METRES

HOLE BA 0604 WITH 1.75G/T GOLD OVER 11 METRES

Sparton Resources Inc. (TSX VENTURE:SRI) (the "Company") reported today, drilling results for a recently completed 9 hole program in the Bajoawa area at its Luxi Gold Project in southwest Yunnan Province China ("Luxi").

The Bajaowa area, part of the Company's currently 80% owned 250 sq. km exploration area is located approximately 40 km southwest of the Guanlingpo - Luxi Gold Mine along the Luxi Gold Belt where most of the past Luxi drilling has been done. Two small pits at Bajoawa were mined several years ago for soil oxide ore and heap leached with production reported at about 250 kg (8000 ounces) of gold. Surface sampling and mapping in Pits One and Two completed in late 2005, gave results of 2.4g/t gold over and 24 metres, and 1.8 g/t gold over 18 metres respectively. The mineralization at Bajaowa closely resembles that seen and drill tested in the Guanlingpo Luxi Gold Mine pit where a "minimum possible resource target" of nearly 10 tonnes (320,000 ounces) of gold has been identified by the past drilling activities. Gold in both areas is associated with brecciated and silicified dolomite along a structural zone known as the Luxi Gold Belt near the contact between Permian carbonate and Jurassic clastic sediments. This structural zone can be traced for over 50 km in the Luxi Project area.

Geophysical IP surveys completed in 2005 outlined good chargeability and resistivity anomalies associated with the exposed mineralization in the pits along a 600 metre strike length, and a second anomalous trend north west of the main pit areas which is covered with younger Jurassic rocks. The anomalies were not closed off and still are open along strike.

Nine holes have been completed at Bajoawa for a total of approximately 1050 metres.

One hole was drilled for geological reasons (BA 0606) and another, (BA 0609) was lost in a strongly broken fault zone and not completed. This latter hole was located to test the second strong IP anomaly trend north of the main pits and this target remains untested. In addition, the first hole BA 0601 drilled at an inclination of -70 degrees did not reach a sufficient depth to intersect the surface mineralization exposed in Pit One.

Individual gold values range from 0.20 g/t to 4.2 g/t over 1 metre sample intervals. Where intersected, the main mineralized zone averages about 20 metres in width (core length). Assays below represent the zones intersected where values of 0.5 g/t or greater were reported.



Drilling Results are as Follows:
--------------------------------

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HOLE ANGLE DEPTH RESULTS REMARKS
NUMBER
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BA 0601 -70 DEG 228m 0.2g/t over 20m Hole drilled too steeply
from 39-59m did not cross zone
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BA 0602 -60 DEG 221m Hole drilled too
far behind zone
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BA 0603 -60 DEG 118m 1.52 g/t over
9m from 82-91m
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BA 0604 -60 DEG 120m 1.73g/t over
11m from 17- 28m
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BA 0605 -60 DEG 116m 0.61 g/t over
16m from 52-68m
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BA 0606 -60 DEG 80m Stratigraphic hole
did not cross zone
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BA 0607 -60 DEG 110m 0.2 g/t over
10 metres
from 78-88m
---------------------------------------------------------------------
BA 0608 -60 DEG 109m 0.56 g/t over
7m from 86-93m
---------------------------------------------------------------------
BA 0609 -60 DEG 60m Not completed Hole lost in
broken fault zone
---------------------------------------------------------------------


Discussion

This initial drilling tested a 350m long section of the Bajoawa mineralization, and several additional holes will be planned to test the areas missed by holes BA 0601, and BA 0602. The IP target 200 metres to the north of the pits, which is not exposed at surface, will also be tested in a subsequent program. Most breccia mineralization intersected in the holes reported here is oxidized and may be amenable to heap leach extraction.

The follow up drill program will be designed to identify resources at Bajaowa and complete testing of the strong IP anomaly which hole BA0609 failed to intersect.

The confirmation of in situ gold mineralization at Bajaowa similar to the Guanlingpo Mine Area is a very positive development for Luxi and highlights the excellent exploration potential of the 40 km long zone located between these gold deposits. The mineralization and geophysical anomalies and related gold mineralization at Guanming (1.8g/t over 38m) and Hebienzhai located 5km to the northeast will be tested with drilling programs later this season.

Assay results reported here for Bajaowa were done at the Luxi Project Laboratory and approximately 20% of the duplicate pulps will be sent for routine QC analyses by SGS Laboratories in Canada as per previous programs.

SIERRA ROSARIO MEXICO

Josca Drilling Program

Seven drill holes have now been completed on the Josca Zone at the Company's Sierra Rosario high grade gold - silver property in Sinaloa Sate, Mexico. Sparton is earning a 51% interest in the Property from International Northair Mines Ltd.

The holes completed have tested a 500m long portion of the 1.1 km long Josca structure. Strong quartz - sulphide mineralization, similar to that seen on the old Josca mine dumps, has been intersected across widths of up to 8 metres in several holes.

An access trail has been completed to the San Rafael Zone in the north portion of the property and drilling of the targets in this area will commence later this season when a reliable water supply becomes available after seasonal rains fill local reservoirs.

All Josca core samples have now been taken to the Chemex Laboratory in Hermosillo Mexico. Analyses and results are expected in about 3 weeks time and will be reported when available.

Sparton's exploration programs in China and Mexico 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.

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

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