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Transaction Announcement Reports
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Project: | Penny West | |
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Deposit: | Penny West | |
Location: | Australia | |
Commodities: | Gold | |
Date: | 4/3/2019 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 3-4-2019: Spectrum Metals Ltd. announces an Exploration/Drilling Update report for its Penny West deposit at the Penny West project. Drilling results incl. 31m @ 5.5 ppm Au, 1.1 ppm Ag from 203m. Spectrum Metals Limited (“SPX” or “the Company”) is pleased | |
Resources: | x | |
CP/QP: | [Overall Report]: John Downing (Internal) | |
ABSTRACT: | Spectrum Metals Limited (“SPX” or “the Company”) is pleased to announce that it has received the first assay results from its drilling below the open pit at Penny West, located 25kms south of the Youanmi mining center in WA. Spectrums Managing Director, Paul Adams said “This is another incredible intersection for Spectrum and once again clearly demonstrates the capacity of the Penny West gold system to deliver significant gold mineralisation. Hole SPWRC006 is the deepest hole on the southern-most line drilled into the Penny West lode in our program and was designed to discover depth extensions to the known mineralisation. This intersection could open up a new exploration front under and south of the Penny West Pit”. | |
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