M&A

Spectrum to have a crack at First Hit

A SEARCH for a high grade gold project stretching from California to Menzies has ended with Spectrum Metals buying the First Hit underground mine near the historic WA town last worked by Barminco and Barra Resources early this century.

Spectrum to have a crack at First Hit

Spectrum will pay A$100,000 cash and issue $100,000 worth of shares to the undisclosed vendor, with $600,0000 raised from so-called sophisticated investors (at 0.4c per share), to get the show on the road....

Start a free trial to continue reading this article

Already have an account?

Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.