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Brett Marsh
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Aug 25, 2026
Spartan Metals Begins Maiden Drilling as Washington Tightens Tungsten Supply Rules
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Tracy HughesHOST
But it actually I thought was quite extraordinary because so much time had been put into reinforcing that it had-- it is now officially a top priority for the president's office.

Brett MarshGUEST
I think, you know, the one thing that I think the new order did there at the end of July was it, was it actually moved, uh, from what used to be just guidance and providing general preference for contractors to, uh, get domestic sources to really now almost forcing them, uh, to, to develop domestic sources because a lot of the waivers are going to be taken away that they've been using up until this point, uh, to import, uh, from, from non-allied sources.

Brett MarshGUEST
So it's, it's definitely a situation where, um, I think the government still doesn't even understand, uh, how far back that they need to go in the supply chain, and I think that puts Spartan in a great position because we're at the very beginning of it, so we cover a very critical gap that I see right now in the supply chain.

Tracy HughesHOST
Let's get an update on how Spartan Metals is doing because, uh, the pressure's on.
Spartan Metals Follows Technology Back to Tungsten
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Tracy HughesHOST
Can you give our audience a little bit of the background and then give us an update because you have actually expanded the mineralization footprint in your most recent news release?

Brett MarshGUEST
Yeah, so tungstonium was very interesting to us because of the tungsten in particular.

Brett MarshGUEST
And it was important to me when we founded Spartan to focus on tungsten so that we could actually have a connection to the U.S. national security and critical metals industry.

Brett MarshGUEST
And so when we found tungstonium, it was really something that we spent a considerable amount of time investigating and really began to understand that it's something that we think is pretty special.

Brett MarshGUEST
And so as we've looked at it now for over the past year here on the surface and done that work, as you mentioned, we've been able to expand the initial mineralization footprint from what we initially assessed when we picked up the project from about 500 meters by about 700 meters to almost six square kilometers now.

Brett MarshGUEST
And we've got total strike length in many of our that we actually have on the project that are over two kilometers.

Tracy HughesHOST
Well, tell us a little bit more about the Eagle project and why you think it is going to be potentially so large?
Episode 842: Spartan Metals ($W | $SPRMF) is Advancing the Eagle and Victorio Tungsten Projects
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Ashley BerryHOST
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Brett MarshGUEST
So at our Eagle project, which was the project that basically started Spartan, we really see that as one of the highest grade projects and districts within the United States and perhaps worldwide.

Brett MarshGUEST
We even had news out recently showing the high grade nature of of the deposits themselves that we have there.

Brett MarshGUEST
And so we also control three past producing tungsten mines that are on that project.

Brett MarshGUEST
So we're actively looking at opportunities for us to leverage the infrastructure that's there to see if we can't re-engage that.

Ashley BerryHOST
So, Victorio, maybe we could talk about some specific milestones investors should be watching over the next, say, coming months, as well as Eagle, because you've made some really meaningful progress in a relatively short period of time there.
Spartan Metals - Exploring And Developing Across The Largest Tungsten Resource Base In The USA
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1:13Shad MarkowitzHOST
So with that caveat out of the way, Brett, tell us about how this company came together and kind of what the bigger vision is.

Brett MarshGUEST
Like you said, it was a pleasure to meet in D.C. and Florida last month, I guess it was now.

Brett MarshGUEST
And so we've really been had the pedal to the metal, so to speak, for quite some time.

Brett MarshGUEST
And as you mentioned, you know, we picked up the Eagle project from Ridgeline in 2025.
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