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Spitfire Materials Limited ("Spitfire")

Spitfire is an emerging Australian resource company listed on the Australian Securities Exchange. Spitfire shares trade under ASX code: SPI.

Spitfire and Aphrodite Gold Limited (ASX: AQQ) recently signed a formal merger implementation agreement to merge the companies by way of a scheme of arrangement.

The Aphrodite Gold Project offers outstanding synergies with Spitfire’s Mulwarrie Gold Project, located 65km away, where it has recently discovered significant high-grade primary gold mineralisation. More information on Aphrodite is available on their website www.aphroditegold.com.au

The merger, along with the recent acquisition of unlisted Australian gold explorer Admiral Gold Limited, complement and expand Spitfire’s existing gold exploration portfolio which includes the Alice River Gold Project, Mulwarrie Gold Project, England Gold Project and the Yoda Prospect.

Project highlights

Alice River Gold Project

Queensland

The Alice River Gold Project is located 470km north-west of Cairns in NE Queensland. The project encompasses eight Exploration Permits for Minerals (EPMs) and eight granted Mining Leases (MLs), for a total of 808 square km.

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Mulwarrie Gold Project

Western Australia

The Mulwarie Gold Project is located 150km north-west of Kalgoorlie in the Ularring District of the North Coolgardie Mineral Field. The project encompasses two contiguous tenements, M30/119 (68 Ha) and M30/145, which lie 10km north-west of the Davyhurst Mining centre.

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England Gold Project

Western Australia

In late 2016, Spitfire acquired 100% of the granted Western Australian gold exploration license E38/2869 which is known as the England Gold Project.

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Yoda Gold Project

Northern Territory

In late 2016, Spitfire acquired 100% of the granted Northern Territory exploration licence EL 30834 which is known as the Yoda Prospect.

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South Woodie Woodie Project

Western Australia

The South Woodie Woodie Manganese Project comprises of 2 retention licences and 3 granted exploration licences.

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