TORONTO - Sparton Resources Inc. (TSXV.SRI) ('Sparton' or the 'Company') is pleased to provide an update on the 2021 exploration program recently completed and the 2022 work program planned by Eldorado Gold Corp. for the Company's Bruell Gold Property in Vauquelin Township, Quebec.

The planned work will include approximately 5000 meters of diamond core drilling to evaluate new gold mineralization discovered by Sparton in 2018-2019 as well as other targets defined by the Eldorado work.

Earlier work by the Company on the Bruell claim group discovered new gold mineralization contained in a number of shear zones and related quartz vein systems located in the east central part of the claim area.

During the early part of the 2020 field season, Eldorado completed a high resolution VTEM airborne magnetic and electromagnetic survey with 50-meter flight line spacing over the entire property. The data from this survey has highlighted previously un-recognized structures and refined the interpretation of various lithologic contacts on the claims and the relationship of gold mineralization to these features. Following this work, in 2021 geological mapping, prospecting and detailed geochemical till sampling were completed over highest priority parts of the claim group. Induced Polarization (IP) data was also re-processed and all information has now been entered into a data base to ensure the information data points are properly located.

Covid 19 logistical restrictions have slowed the program somewhat but significant fieldwork was still completed, including a detailed till and soil sampling survey in the Avocalon-Aurora shaft area and a set of closely spaced till sample profiles in the western part of the claim group where there are three historic shafts. A review of these data indicate positive results in several areas.

ACCESS AND INFRASTRUCTURE

The 51 claims in the Bruell property package are accessible from Val d'Or and Senneterre by paved Highways 117 and 113, and local forestry roads and logging trails. The Bruell property contains a number of structurally hosted vein and shear zone type gold occurrences. Four (4) shallow shafts, the Bruell 1, Bruell 2, the Avocalon/Aurora, and the Boycon-Pershing were excavated on the claims in the 1930s during past exploration programs and there are numerous historical drill holes with encouraging gold values that have not yet been followed up.

ABOUT THE COMPANY

Sparton is a mineral exploration Company currently focused on exploring gold projects near producing mines on or near the major gold producing trends in eastern Ontario and western Quebec where it holds interests in two exploration prospects. The Bruell Property, hosts a new gold discovery, is now being explored by Eldorado, which owns the nearby producing Lamaque Mine and a very large claim area adjacent to Bruell to the west. The Oakes Property near Matachewan in Ontario is the current focus of the Company's exploration activities and is in close proximity to Alamos Gold's producing Young Davidson Mine. The Company is currently conducting an IP survey covering part of the property

Contact:

A. Lee Barker

Tel: 647-344-7734

Email: info@spartonres.ca

Web: www.spartonres.ca

Forward Looking Statements

Information set forth in this news release involves forward-looking statements under applicable securities laws. The forward-looking statements contained herein include, but are not limited to, financings and transactions being pursued, and all such forward-looking statements are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this news release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although the Company believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct and, accordingly, undue reliance should not be put on such forward-looking statements. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein.

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