Spectrum Metals acquired two high grade gold projects in Western Australia during the last quarter 2018. Over the last 12 months, Spectrum has made one of the highest grade gold discoveries in Australia in recent times and is rapidly expanding its resource base with the aim of taking its new discovery, Penny North, all the way into production. Spectrum has created exceptional value for shareholders in a very short time frame and aims to continue to do so from a number of high-priority and potentially high-grade gold targets within its tenure. Spectrum is a high-grade gold specialist and has very clear investment criteria applied to project selection.