Sparton Proposes to Extend Expiry Date of Series G Warrants

NOT FOR DISSEMINATION IN THE U.S. OR THROUGH U.S. NEWS WIRE SERVICES

NEWS RELEASE

SPARTON RESOURCES INC.

SPARTON PROPOSES TO EXTEND EXPIRY DATE OF SERIES G WARRANTS

TORONTO, ONTARIO, September 24, 2010, Sparton Resources Inc. (SRI:TSX-V) (the "Company"), announced today that it proposes to extend the expiry date of the Company’s currently outstanding Series G Warrants.

In connection with a private placement completed in two tranches in October, 2009, the Company issued an aggregate of 8,116,667 Series G Warrants, of which 6,350,000 Warrants have an expiry date of October 5, 2010 and 1,766,667 have an expiry date of October 18, 2010. Each Series G Warrant entitles the holder to purchase one common share of the Company at a price of $0.15 until the expiry date. No Series G Warrants have been exercised to date.

The Company is proposing to extend the expiry date of all Series G Warrants to April 5, 2011. The exercise price of $0.15 would remain unchanged. The extension of the expiry date is conditional upon acceptance by the TSX Venture Exchange.

For more information contact:

A. Lee Barker, President and CEO Edward G. Thompson, Chairman Tel.: 416-366-3551 Tel.: int'l +1 416 366 6083 Fax: 416-366-7421 Fax: +1 416 366 2713 Mobile: 416-716-5762 E-mail: [email protected] E-mail: [email protected]

SPARTON RESOURCES INC. Company website: www.spartonres.ca Listed:TSX Venture Exchange Trading Symbol: SRI

This news release and the information contained herein does not constitute an offer of securities for sale in the United States and securities may not be offered or sold in the United States absent registration or exemption from registration.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.