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Spectrum Metals Ltd.

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Summary

Project:

Penny West

Deposit:Penny North
Location:Australia
Commodities:Gold
Date:3/29/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:29-3-2019: Spectrum Metals Ltd. announces an Exploration/Drilling Update report for its Penny North deposit at the Penny West project. Drilling results incl. 4m @ 105.2g/t Au from 151.0m. Spectrum Metals Limited (“SPX” or “the Company”) is pleased to anno
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 a further three holes from recent drilling at Penny North, located 25kms south of the Youanmi mining center in WA. Spectrums Managing Director, Paul Adams said “the intersection of 4m at 105.2 g/t gold in hole SPWRC022 is the highest grade intersection yet seen in our program at Penny North and lies down dip of 4m at 35.2 g/t. At this location, the lode is exhibiting a very strong tenor and builds on our knowledge base of the distribution of high-grade within the lode structure.” Spectrum Metals Limited (ASX: SPX) is a domestic West Australian focused gold exploration and development company. Concentrating on high-grade, brown fields assets, that can leverage off existing infrastructure and add value through exploration and development. Spectrum will continue to identify and explore under explored terrain and brown fields assets through the use of modern techniques and technology to maximise success.

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