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Spitfire Materials Limited (“Spitfire”)
Spitfire Materials Limited is an emerging Australian resource company focused on the identification, exploration and development of mineral assets.
Spitfire Materials Limited has entered into a conditional share sale and purchase agreement to acquire unlisted Australian gold exploration company Admiral Gold Limited which will see it further expand its portfolio of Australian gold projects.
Admiral has secured farm-in and joint venture agreements for two prospective gold projects, the Alice River Gold Project in North Queensland and the Mulwarrie Gold Project in Western Australia’s Eastern Goldfields.
Alice River Gold Project
The Alice River Gold Project is located 460km north-west of Cairns in NE Queensland. The project encompasses 27 tenements including 7 EPMs, 8 granted MLs, 11 MLAs and 1 EPM Application, for a total of 875.63 square km.
Figure 1: Location, Alice River Gold Project
Mulwarrie Gold Project
The Mulwarrie 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.
Figure 3: Location, Mulwarrie Gold Project