Spectrum Metals Limited announced that it has received assay results from a further eight holes from recent drilling at Penny North, located 25kms south of the Youanmi mining center in WA. Assay results received from eight additional holes at Penny North. Significant intercepts include SPWRC027 – 2 m at 140.0 g/t gold from 153 m, within 6 m at 47.4 g/t gold from 150 m; SPWRC029 - 6m at 46.8 g/t gold from 121 m, within 11 m at 25.8 g/t gold from 121 m;. SPWRD024 – 2 m at 12.0 g/t gold from 173 m; SPWRC028 - 1m at 16.2 g/t gold from 172 m; and SPWRC030 - 1m at 11.4 g/t gold from 175 m. The intersection in hole SPWRC029 occurs immediately up dip of the previously released hole SPWRC002 which recorded an intersection of 8 m at 23.3 g/t within 14m at 14.4 g/t gold from 128 m and is described as the discovery hole. Drill results are pending for Magenta (3 holes) and Penny North (3 holes).