- CEO
- Alan Lee Barker
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 81A Front Street East Toronto ON Canada M5E 1Z7
- IPO Date
- Aug 24, 2018
- Business
- Sparton Resources Inc. is a Canada-based junior mineral exploration and development company focused on gold, polymetallic critical metals, and vanadium redox flow battery technology through its investments. The company holds interests in several key exploration properties, including the Bruell Gold Property in Vauquelin Township, Quebec, hosting a gold discovery under option to Eldorado Gold Corporation; the Oakes Gold Property in the Matachewan gold mining area of northern Ontario near Alamos Gold's Young-Davidson Mine; and the Pense-Montreuil Polymetallic Property in Pense Township, Ontario, targeting critical metals such as vanadium, nickel, copper, and cobalt; it also maintains a significant minority stake of approximately 9.8% to 9.975% in VRB Energy Inc., a leading developer and manufacturer of large-scale vanadium redox flow batteries for grid energy storage integrated with renewable sources. Incorporated in 1982 and headquartered at 81A Front Street East, Suite 216, Toronto, Ontario, Sparton operates primarily in Canada with exposure to China through its VRB Energy investment and historical vanadium projects. The company owns a wholly-owned subsidiary, Edcor Drilling Services, providing contract diamond core drilling services to third parties. Recent developments include the closing of private placement financings totaling up to C$500,000 in 2024 for critical metals and gold exploration programs; commencement of diamond drilling at the Pense-Montreuil Project in 2024 with encouraging initial results reported in December 2024; receipt of Ontario government OJEP funding in March 2025 for the Pense Critical Metals Project; Eldorado Gold Corporation's exercise of its option and extension for the Bruell Gold Project in April 2024; major advancements for VRB Energy, including a transaction with Red Sun in 2024, joint venture activities with Lubao Group updated in January 2025, construction of the world's first ultra-high altitude battery installation in November 2024, and VRB USA development progress; as well as the US Department of Energy's endorsement of flow batteries for large-scale energy storage in August 2024.