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Ann: Completion of Penny West acquisition, page-2

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  1. 112 Posts.
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    Summary from announcement:

    "SPX completes the acquisition of the high-grade Penny West Gold Project, south ofYouanmi in WA. The acquisition gives SPX 100% of the project for a total considerationof $50,000 in cash and $950,000 in SPX shares.


    • SPX has finalized the acquisition of Exploration License 57/1087, directly to the east ofthe Penny West Gold Project licenses.


    • An RC/Diamond drilling program is planned to commence in the first quarter of 2019.


    • Assay results from an auger geochemistry program completed over the entire PennyWest Gold Project are expected imminently."
    Last edited by doubtit: 11/12/18
 
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