Eldorado Gold Corporation shares rise 2.40% intraday after Sparton Resources Inc. elects two new strategic directors.

Eldorado Gold Corporation rose 2.40% during intraday trading. The company's stock price increase may be attributed to the recent news that Sparton Resources Inc., a Canada-based mineral exploration company, has elected two new strategic directors. Sparton Resources Inc. is focused on exploring gold projects near producing mines in northeastern Ontario and northern Quebec, where it holds interests in three exploration prospects. The Bruell Property, which hosts a new gold discovery, is located in Vauquelin Township, Quebec. The Oakes and Pense Properties, near Matachewan and Englehart, in Ontario, are in close proximity to Alamos Gold’s producing Young Davidson Mine and the Kirkland Lake gold producing area.