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Spectrum Metals Ltd.
Summary
| Project: | Penny West | |
|---|---|---|
| Deposit: | Magenta, Youangarra | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 1/14/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 14-1-2020: Spectrum Metals Ltd. announces an Exploration/Drilling Update report for its Magenta, Youangarra deposit at the Penny West project. Drilling results incl. 4m @ 11.1g/t Au from 195m. Spectrum Metals Ltd (“Spectrum” or “the Company”) is pleased t | |
| Resources: | (Resource, I+I): 0.799Mt @ 13.8g/t Au at Penny West total | |
| CP/QP: | [Overall Report]: John Downing (Internal) | |
| ABSTRACT: | Spectrum Metals Ltd (“Spectrum” or “the Company”) is pleased to release further drill results from its reverse circulation drilling program at its Penny West Project in Western Australia. Managing Director Mr Paul Adams commented: “Spectrum is extremely pleased to see continued intersections of gold from our drilling campaign from other prospects on the Penny West tenements. Although exploration in these areas is at an early stage, we are particularly encouraged by what we are seeing, including the 41.0 g/t gold intersection at Magenta at depth. In addition, early indications of an interesting MLEM anomaly in the “Gap Zone” along the Penny West Shear indicate a high-priority target for our drilling early this year.” | |
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