spartan gold ltd (SPAG:OTC US)
spartan gold ltd (SPAG) Snapshot
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Open
$0.18
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Previous Close
$0.18
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Day High
$0.18
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Day Low
$0.18
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52 Week High
05/29/12 - $1.01
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52 Week Low
12/13/12 - $0.02
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Market Cap
7.6M
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Average Volume 10 Days
96.0
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EPS TTM
$-0.04
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Shares Outstanding
42.1M
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EX-Date
--
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P/E TM
--
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Dividend
--
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Dividend Yield
--
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Related News
spartan gold ltd (SPAG) Related Businessweek News
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Spartan Gold Ltd., a junior gold exploration and mining company, engages in the exploration and development of mineral properties in the United States. It primarily explores for gold, silver, or other precious mineral resources. The company holds interests in the Poker Flats gold prospect located in the Carlin-Rain region of Nevada; and the Ziggurat gold prospect located in the Round Mountain-Northumberland Mining District of Nevada. It also owns the mineral rights to a gold prospect located in the northeast region of Alabama in the historical Arbacoochee Mining District. The company was formerly known as Algoil, Inc. and changed its name to Spartan Gold Ltd. in July 2010. Spartan Gold Ltd. was founded in 2007 and is based in Indialantic, Florida.
spartan gold ltd (SPAG) Top Compensated Officers
spartan gold ltd (SPAG) Key Developments
On 03/28/2013, Spartan Gold Ltd. announced that they will be unable to file their next 10-K by the deadline required by the SEC.
On 11/14/2012, Spartan Gold Ltd. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
Spartan Gold Ltd. finalizing its plans for implementation of its 2012 fall drilling program. The first step is to complete a CSAMT/IP survey of the Poker Flats property, particularly, the western property sections immediately adjacent to Gold Standard Ventures highly successful exploration results from the North Bullion Fault Zone (NBFZ) to determine the continuation of the mineralization into the Poker Flats property. In addition, Spartan will establish immediate drill targets on the identified areas at Poker Flats. Once drill hole locations have been determined Spartan will apply for an exploration permit and hire a drill contractor for its 1st phase drill program of up to 3,000 meters. The Poker Flats property encompasses 3,600 acres and is immediately adjacent to Gold Standard Ventures Railroad property where it has discovered a very large, robust gold zone approximately 500 meters from its western property boundary with drilling being eastbound. Drill results from Gold Standard Ventures include 56.4 meters of 4.26 g/tonne gold in hole RR11-16, 77.8 meters of 1.63 g/tonne gold in hole RR11-18 and 164 meters of 3.38 g/tonne gold in hole RR12-1. Spartan's drilling effort will focus on this highly prospective area. A dedicated effort to locate and secure any possible drill logs and/or assay results on the historical competitor drilling activities on or near the present holdings is underway. The Spartan team is assembling all known geological and geophysical data from the above surveys and investigations along with ongoing adjacent competitor activity to select drill sites/targets. The Ziggurat property, comprising of 6,800 acres, will have a drill program consisting of a series of 6 to 8 shallow Reverse Circulation holes to quantify the recent anticline discovery consists of the same mineralization as that of the Northumberland gold mine owned by Newmont Mining approximately 12kms to the north of the property.
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| SPAG:US | $0.18 USD | 0.00 | |
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Industry Analysis
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Industry Average
| Valuation | SPAG | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | -- | Not Meaningful |
| Price/Book | NM | Not Meaningful |
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
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