Spanish Mountain Gold Reports 100 Metres of 1.00 Gram Per Tonne Gold as Part of Its Feasibility Study Drill Program – Resource World Magazine

Spanish Mountain Gold Reports 100 Metres of 1.00 Gram Per Tonne Gold as Part of Its Feasibility Study Drill Program

VANCOUVER, British Columbia--(BUSINESS WIRE)--Jun 15, 2026-

Spanish Mountain Gold Ltd. (TSXV:SPA) - Orca Fault Corridor Continues Growing to the East - Research Portal

Spanish Mountain (SPA) reported assays from eight diamond drill holes at the Orca Fault area within its Spanish Mountain Au project in BC. Drilling continues to establish grade continuity across structural zones with six new intercepts over 100m long, including a highlight of 1 g/t Au over 100m (26-DH-1361). The results confirmed near-surface mineralization in the Eastern block which is defined by the area between Faults 2 and 3, and remains open to further expansion. We view these results positively, as they build on the prior batch of assays which returned 18 >100m intercepts, and taken together, reinforce our view that the Orca Fault corridor is amenable to efficient, low-cost mining. The confirmation of near-surface, higher-grade material adds optionality to the Feasibility Study (FS) mine plan and supports the potential for a high-grade starter pit that could materially improve economics in the LOM’s early years. With the 120° drill orientation validated, two rigs testing the corridor's limits, 46,600m of drilling for the FS program remaining, and 19 pending assays, newsflow should continue through the balance of the year.

Spanish Mountain Gold Reports 100 Metres of 1.00 Gram Per Tonne Gold as Part of Its Feasibility Study Drill Program – Resource World Magazine