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Spectrum Metals Ltd.

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Summary

Project:

Penny West

Deposit:Penny North
Location:Australia
Commodities:Gold
Date:8/20/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:20-8-2019: Spectrum Metals Ltd. announces an Exploration/Drilling Update report for its Penny North deposit at the Penny West project. Drilling results incl. 4m @ 63.1g/t Au from 289m. Spectrum Metals Limited (‘SPX’ or ‘the company’) is pleased to announc
Resources:x
CP/QP:[Overall Report]: John Downing (Not stated)
ABSTRACT:Spectrum Metals Limited (‘SPX’ or ‘the company’) is pleased to announce further high-grade results from extensional RC drilling within the high-grade shoot at Penny North. Spectrum’s Managing Director, Paul Adams said “We are very pleased to see continuing high-grade down plunge gold mineralisation at Penny North. In addition, early drilling at Penny South suggests this location may represent a new target in the short term. This is separate to hole SPWRC006 (5m at 28.9g/t from 203), that appears to represent a separate hanging wall position to the main lode.”

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