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Spectrum Metals Ltd.
Summary
| Project: | Penny West | |
|---|---|---|
| Deposit: | Penny North | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 3/20/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 20-3-2019: Spectrum Metals Ltd. announces an Exploration/Drilling Update report for its Penny North deposit at the Penny West project. Drilling results incl. 8m @ 24.2g/t Au from 124.0m. Spectrum Metals Limited (“SPX” or “the Company) is pleased to announ | |
| Resources: | x | |
| CP/QP: | [Overall Report]: John Downing (Internal) | |
| ABSTRACT: | Spectrum Metals Limited (“SPX” or “the Company) is pleased to announce that it has confirmed the discovery of a new high-grade lode at the Penny West Project, located 25kms south of the Youanmi mining center in WA. Spectrums Managing Director, Paul Adams said “the confirmation that we have discovered a new high-grade lode at our Penny West project, so early in our maiden RC drilling program, is a significant and very exciting development for the company and its shareholders. This will provide Spectrum with an expanded exploration focus for 2019 and although it’s early days and there is a lot more work to do, the discovery of another high-grade lode gives us confidence that the asset has the potential to build significant additional value for shareholders”. | |
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