Spectrum Metals Ltd. announced the planned drilling program for the Penny West Project in Western Australia. This will include Penny North, Penny South, Magenta and other prospects throughout the Penny West project area. Highlights: Spectrum has designed a further 29 reverse circulation holes at the Penny West project. Many of these holes are designed to increase the resource base at the periphery of the Penny North deposit; Additional holes are planned at Penny South, where a re-interpretation of the downhole geology combined with the Sub-Audio Magnetic survey results indicate that the mineralised structure seen in the southern end of the open pit may not have been adequately tested; Drilling at Magenta, following up on the 1m at 41 g/t gold intersection in hole SPWRC125, has intersected a 3-4m zone of quartz and base metal sulphides, similar to that seen in hole SPWRC125 and at Penny North. Additional holes have been designed to follow up this occurrence; Spectum has also identified the potential for a structural repeat of Penny North to the north and at depth of Penny North (Repeat Target). Encouraging results up dip are seen in hole SPWRC099 intersecting 2m at 1.79 g/t gold from 225m downhole. Currently, eight holes are planned to test this position on a 40m by 40m grid. Fifteen stratigraphic holes have been drilled on various parts of the Penny West tenement. The aim of these holes is to confirm the geology under areas of cover and other zones that were identified from surface geology mapping and structural interpretation; Results from two (2) diamond drill holes, SPWDD008 and SPWDD010 were received from the Penny North project at depth. Although the drilling intersected the mineralized structure and gold mineralization was recorded, no significant intersections over 5 g/t were received.