Spectrum receive government grant to advance Skyfall drilling

Spectrum Rare Earths Limited is pleased to advise that it has been awarded a grant of $20,000 through the Northern Territory Government?s ?bringing forward discovery? initiative and ?Drilling Collaborations? program. The program provides 50% of direct exploration expenses to companies it considers have competitive and innovative exploration programs in frontier exploration areas. Funding will be used to support planned diamond drilling at the Skyfall Prospect where recent work has uncovered a large mineralised system in recent surface trial pits (Spectrum ASX Announcement, 24 March 2014). Diamond drilling at the prospect is already in progress targeting near surface mineralisation.

Ian Bamborough
Managing Director

Company Events - SPECTRUM RARE EARTHS LIMITED