New Exploration Licence Granted
Prospective for Copper/Gold/Silver
Speewah Metals Limited ("Speewah" or "the Company") (ASX: SPM) is pleased to advise of the grant of a new Exploration Licence (E80/4468).
E80/4468 covers an area of 102 km and is located immediately north and adjacent to the current tenement holdings of the Company.
The Exploration Licence extends along the Pentecost Fault Zone that is a priority target for Copper/Gold/Silver mineralisation. The 2011 Exploration Programme has commenced and this new tenement will be included in the heli-borne EM survey due to be flown in the 3rd week of June 2011 and will be included in the 2011 Drilling Programme should priority targets be identified through the EM survey, soil sampling and mapping programmes being undertaken over the next 2 months.
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