NTM Gold Ltd. announced an acquisition of a large tenement package, substantially increasing its footprint in the Leonora region, Western Australia. The company has purchased a group of four tenements from Kingwest Resources Limited. The acquisition incorporates tenements E37/1252, E37/1284, E37/1285 and E37/1314, known as the `Wells Group'. The Wells Group is located to the immediate north of the Redcliffe Gold Project abutting NTM's northernmost tenement. NTM considers the new tenement package to be highly prospective for gold mineralisation. The Wells Group of licences contains the interpreted northern extension of the Mertondale Shear zone and has a number of prospective cross-cutting regional structures. There has been very little historic on-ground exploration, consisting of modest soil sampling programs and some limited early stage aircore drilling. NTM considers the Wells Group to be a highly prospective early greenfields stage opportunity, and enhances the Companys' strategic landholding. Initial activity will involve further geological and data review followed by targeting studies prior to on-ground work. Consideration for the 100% acquisition was $125,000 in cash and it is expected that settlement will occur within the next 7 days.