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Ridgeline Minerals (OTCQB: RDGMF) reported that on July 13, 2026 it disposed of 600,000 common shares of Spartan Metals at $0.48 per share, for gross proceeds of $288,000 (the “Disposition”).
Before the Disposition, Ridgeline beneficially owned or controlled 5,380,466 Spartan shares, or about 10.77% of Spartan on an undiluted basis. After the sale, it holds 5,230,466 shares, or approximately 8.84%. This reduction drops Ridgeline below the 10% early warning reporting threshold under Canadian securities laws, so it is no longer subject to ongoing early warning reporting for this holding unless its interest rises back to 10% or more. Ridgeline says it holds the shares for investment purposes and may adjust its position depending on market and company-specific factors. An early warning report has been filed on SEDAR+.
Spartan Metals (OTCQB: SPRMF, TSXV: W) reported new assays from the past producing Rees Tungsten Mine within its 100%-owned Eagle Project in Nevada. Underground rock-chip samples returned 6.76% and 3.75% WO3, while historic USBM work reported up to 8.48% WO3.
Historic records indicate about 1,306 stu (1,185 mtu) shipped at an average grade of 3.51% WO3 in 1954–1955. According to Spartan, repeated confirmation of >1% WO3 at Rees, Yellow Jacket and Tungstonia supports its view of a potentially significant, district-scale tungsten system. The 2026 program includes surface sampling, geophysics and about 3,000 m of diamond drilling starting early to mid-August.
Spartan Metals (OTCQB: SPRMF) reported validation of historic drilling at its Victorio tungsten-molybdenum project in New Mexico, supporting an updated Preliminary Economic Assessment targeted for early Q4 2026.
Highlights include 34 holes with >100 ft mineralization and a 537 ft (163.7 m) interval grading 0.31% MoEq or 0.23% WO3Eq.
Spartan Metals (OTCQB: SPRMF) reported silver-antimony-copper assays from the past producing Antelope Mine at its 100% owned Eagle Project in Nevada.
Backpack core drilling returned up to 688 g/t Ag over 0.3 m, while surface samples reached 1,927 g/t Ag, 0.67% Sb, and 1.83% Cu across a ~1.3 km by 0.6 km area.
Spartan Metals (OTCQB: SPRMF, TSXV: W) confirmed two tungsten skarn zones at its 100%-owned Eagle Tungsten-Silver-Rubidium Project in Nevada, including the past-producing Yellow Jacket Mine and the SE Tungsten Anomaly.
Rock chips returned up to 1.87% WO3 and 3.3% Zn, with beryllium to 1,320 ppm. Backpack core drilling intersected 0.3 m at 0.21% WO3 and 0.33% Zn and revealed molybdenum to 0.08%, rubidium to 2,122 ppm, and silver to 3.1 g/t over a mineralized trend of roughly 2 km. Ongoing work includes ground geophysics and about 3,000 m of diamond core drilling planned for early to mid-August 2026.
Spartan Metals (OTCQB: SPRMF; TSXV: W; FSE: J03) was featured on CEO.CA's "Inside the Boardroom" interview series on January 23, 2026, with CEO Brett Marsh. The segment highlights the company's recent high-grade tungsten samples and raises the question of whether a core discovery has been drilled. Viewers are invited to watch the full interview on CEO.CA and YouTube for more context on Spartan Metals' exploration progress and management's strategy.
The program is part of CEO.CA's weekly executive interview series that connects investors with company leaders and is available on the CEO.CA website and the CEO.CA YouTube channel.