Spartan Metals (TSXV:W) is a US-focused explorer advancing its high-grade tungsten and rubidium Eagle Project in Nevada. The company unlocks critical minerals essential to U.S. defense, technology and energy independence, supporting onshoring goals under the Defense Production Act.
The Eagle tungsten-silver-rubidium project in eastern Nevada covers 4,936 hectares in three historic mining areas: Tungstonia, Rees and Antelope. With historical production of 8,379 units of WO₃ rated at 0.6-0.9 percent, Eagle is among the highest quality tungsten systems in history in the U.S., enriched with rubidium and other defense-critical metals including antimony, bismuth, indium and arsenic. Spartan is advancing an exploration program to validate and expand this potential using modern geochemistry, geophysics and tailings drilling.
With multiple mineralized zones, district-level potential and strong alignment with U.S. strategic metals initiatives, the Eagle project is the cornerstone of Spartan’s growth strategy.
Company Highlights
- Flagship Eagle Project: One of the highest grade, historically produced tungsten mines in the US.
- Exposure to multiple metals: Focuses on tungsten, rubidium, antimony, bismuth and silver – all listed as US critical minerals.
- Tier-1 Mining Jurisdiction: Located in eastern Nevada, a world-class mining state with established infrastructure and clear regulations.
- Strong management and technical team: Led by a CEO and VP of exploration with a proven discovery track record
- Alignment with the US Critical Minerals Strategy: Positioned to take advantage of Department of Defense and U.S. Government initiatives to support domestic critical mineral supply chains.
- Attractive capital structure: A tight share structure where management and the board of directors own ~42 percent of the outstanding shares, ensuring strong alignment with investors.
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