Spectrum Metals Limited announced further high-grade results from extensional RC drilling at Penny North. Key Points: Results were received from four (4) new holes. Significant intersections include: SPWRC067 - 3m at 34.4 g/t gold from 264m, including 1m at 99.9 g/t gold from 265m. SPWRC068 - 9m at 24.1 g/t gold from 265m, including 3m at 69.3 g/t gold from 267m. SPWRC069 - 9m at 15.9 g/t gold from 294m, including 6m at 22.5g/t from 295m. SPWRC070 - 2m at 16.6 g/t gold from 274m. Additional results were also received to complete six (6) holes whose main lode intersections had been previously reported. Significant results from two (2) holes include: SPWRC051 - 4m at 16.8 g/t gold from 116m, including 2m at 31.1 g/t gold from 116m. SPWRC048 - 4m at 6.1 g/t gold from 68m. Hole SPWRC070 was previously considered to lie outside the interpreted high-grade shoot boundary but its position now lies within the 20-40gm contour. The intersection in hole SPWRC051 of 2m at 31.1g/t from 116m sits in a hanging wall lode position, 20m up-hole from the structure that hosts the main high-grade mineralisation at Penny North. Drilling continues at Penny North with further rigs planned to commence mid to late August to expand the project on multiple fronts.