# Spanish Mountain Gold Announces 9-10,000 Metre Drill Program Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/spanish-mountain-gold-announces-9-10-000-metre-drill-program--d89501e9-303a-497b-a591-b9b5b74c1d77 Original source: https://money.tmx.com/en/quote/SPA/news/8892468096267933/spanish-mountain-gold-announces-9-10-000-metre-drill-program Publisher: tmx Original announcement: 2025-09-12T15:27:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Spanish Mountain Gold Ltd. - Ticker: SPA - Exchange: TSX - Region: British Columbia - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Drill results, Other - Extracted: 2026-08-26 11:20:44 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Spanish Mountain Gold has contracted Hardrock Diamond Drilling for a 9,000-10,000 metre diamond drill program targeting five priority areas at the SMG Project. The program aims to extend near-surface high-grade gold mineralization and de-risk infrastructure locations identified in the 2025 PEA. Reasoning: The company is announcing a significant upcoming drill program aimed at extending high-grade mineralization and de-risking infrastructure, building on recent high-grade intercepts. - Positive factor: Upcoming 9-10ktm drill program targeting high-grade extensions - Positive factor: Identification of high-grade targets outside current MRE \(OT and A12\) - Positive factor: Recent high-grade intercepts \(719 g/t Au\) in K-zone - Negative factor: Program is primarily exploration/extension focused rather than resource conversion Facts used in scoring: 13 ## Classification and evidence No classification tags are available. ## Extracted facts Stored fact records: 13. Some facts used in scoring do not have a stored record. ## Drill Results (13) ### 25-DH-1275 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-announces-9-10-000-metre-drill-program--d89501e9-303a-497b-a591-b9b5b74c1d77#fact-drill-facts-0) Spanish Mountain Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: 25-DH-1275 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia - Ticker: SPA #### Geometry - Grade: 0.6 - Grade Unit: g/t - Intercept: 62.2 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-04-01T00:00:00.000Z #### Dates - Event date: 2025-09-12T00:00:00.000Z Reasoning: Historical intercept mentioned as context for the OT target. Evidence · text > 25-DH-1275 at OT that intersected 62.20 metres grading 0.60 g/t gold ### 25-DH-1275 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-announces-9-10-000-metre-drill-program--d89501e9-303a-497b-a591-b9b5b74c1d77#fact-drill-facts-1) Spanish Mountain Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: 25-DH-1275 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia - Ticker: SPA #### Geometry - Grade: 4.69 - Grade Unit: g/t - Intercept: 5.04 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-04-01T00:00:00.000Z #### Dates - Event date: 2025-09-12T00:00:00.000Z Reasoning: Historical sub-interval mentioned as context. Evidence · text > including 5.04 metres grading 4.69 g/t gold ### 25-DH-1275 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-announces-9-10-000-metre-drill-program--d89501e9-303a-497b-a591-b9b5b74c1d77#fact-drill-facts-2) Spanish Mountain Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: 25-DH-1275 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia - Ticker: SPA #### Geometry - Grade: 9.72 - Grade Unit: g/t - Intercept: 1.95 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-04-01T00:00:00.000Z #### Dates - Event date: 2025-09-12T00:00:00.000Z Reasoning: Historical high-grade subset mentioned as context. Evidence · text > which also had a subset of 1.95 metres grading 9.72 g/t gold ### 25-DH-1281 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-announces-9-10-000-metre-drill-program--d89501e9-303a-497b-a591-b9b5b74c1d77#fact-drill-facts-3) Spanish Mountain Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: 25-DH-1281 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia - Ticker: SPA #### Geometry - Grade: 1.08 - Grade Unit: g/t - Intercept: 123 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-04-21T00:00:00.000Z #### Dates - Event date: 2025-09-12T00:00:00.000Z Reasoning: Historical intercept mentioned to highlight opportunity in Main deposit. Evidence · text > Drill hole 25-DH-1281 intersected 123.00 metres grading 1.08 g/t gold ### 25-DH-1282 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-announces-9-10-000-metre-drill-program--d89501e9-303a-497b-a591-b9b5b74c1d77#fact-drill-facts-4) Spanish Mountain Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: 25-DH-1282 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia - Ticker: SPA #### Geometry - Grade: 0.36 - Grade Unit: g/t - Intercept: 211.9 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-04-21T00:00:00.000Z #### Dates - Event date: 2025-09-12T00:00:00.000Z Reasoning: Historical intercept mentioned to highlight opportunity in Main deposit. Evidence · text > drill hole 25-DH-1282 intersected 211.90 metres grading 0.36 g/t gold ### 25-DH-1282 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-announces-9-10-000-metre-drill-program--d89501e9-303a-497b-a591-b9b5b74c1d77#fact-drill-facts-5) Spanish Mountain Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: 25-DH-1282 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia - Ticker: SPA #### Geometry - Grade: 0.52 - Grade Unit: g/t - Intercept: 100.3 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-04-21T00:00:00.000Z #### Dates - Event date: 2025-09-12T00:00:00.000Z Reasoning: Historical sub-interval mentioned to highlight opportunity in Main deposit. Evidence · text > including 100.30 metres grading 0.52 g/t gold ### 25-DH-1282 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-announces-9-10-000-metre-drill-program--d89501e9-303a-497b-a591-b9b5b74c1d77#fact-drill-facts-6) Spanish Mountain Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: 25-DH-1282 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia - Ticker: SPA #### Geometry - Grade: 1.43 - Grade Unit: g/t - Intercept: 16 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-04-21T00:00:00.000Z #### Dates - Event date: 2025-09-12T00:00:00.000Z Reasoning: Historical sub-interval mentioned to highlight opportunity in Main deposit. Evidence · text > that included an interval of 16.00 metres grading 1.43 g/t gold ### 25-DH-1286 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-announces-9-10-000-metre-drill-program--d89501e9-303a-497b-a591-b9b5b74c1d77#fact-drill-facts-7) Spanish Mountain Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: 25-DH-1286 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia - Ticker: SPA #### Geometry - Grade: 4.18 - Grade Unit: g/t - Intercept: 139 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-04-24T00:00:00.000Z #### Dates - Event date: 2025-09-12T00:00:00.000Z Reasoning: Historical high-grade intercept mentioned as a key target driver. - Positive factor: Highest recorded intercept on SMG Project Evidence · text > Drill hole 25-DH-1286 intersected 139.00 metres grading 4.18 g/t gold ### 25-DH-1286 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-announces-9-10-000-metre-drill-program--d89501e9-303a-497b-a591-b9b5b74c1d77#fact-drill-facts-8) Spanish Mountain Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: 25-DH-1286 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia - Ticker: SPA #### Geometry - Grade: 719.26 - Grade Unit: g/t - Intercept: 0.75 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-04-24T00:00:00.000Z #### Dates - Event date: 2025-09-12T00:00:00.000Z Reasoning: Historical ultra-high grade sub-interval mentioned as a key target driver. - Positive factor: Extremely high grade intercept Evidence · text > including 0.75 metres grading 719.26 g/t gold ### 25-CCR-062 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-announces-9-10-000-metre-drill-program--d89501e9-303a-497b-a591-b9b5b74c1d77#fact-drill-facts-9) Spanish Mountain Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: 25-CCR-062 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia - Ticker: SPA #### Geometry - Grade: 1.47 - Grade Unit: g/t - Intercept: 62 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-06-02T00:00:00.000Z #### Dates - Event date: 2025-09-12T00:00:00.000Z Reasoning: Historical intercept mentioned as context for Phoenix deposit. Evidence · text > drill hole 25-CCR-062, which intersected 62.00 metres grading 1.47 g/t gold ### 25-CCR-062 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-announces-9-10-000-metre-drill-program--d89501e9-303a-497b-a591-b9b5b74c1d77#fact-drill-facts-10) Spanish Mountain Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: 25-CCR-062 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia - Ticker: SPA #### Geometry - Grade: 17.28 - Grade Unit: g/t - Intercept: 4 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-06-02T00:00:00.000Z #### Dates - Event date: 2025-09-12T00:00:00.000Z Reasoning: Historical high-grade sub-interval mentioned as context for Phoenix deposit. Evidence · text > including 4.00 metres grading 17.28 g/t gold ### 25-CCR-056 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-announces-9-10-000-metre-drill-program--d89501e9-303a-497b-a591-b9b5b74c1d77#fact-drill-facts-11) Spanish Mountain Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: 25-CCR-056 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia - Ticker: SPA #### Geometry - Grade: 0.4 - Grade Unit: g/t - Intercept: 116 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-06-02T00:00:00.000Z #### Dates - Event date: 2025-09-12T00:00:00.000Z Reasoning: Historical intercept mentioned as context for Phoenix deposit. Evidence · text > drill hole 25-CCR-056, which intersected 116 metres, grading 0.40 g/t ### 25-CCR-056 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-announces-9-10-000-metre-drill-program--d89501e9-303a-497b-a591-b9b5b74c1d77#fact-drill-facts-12) Spanish Mountain Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: 25-CCR-056 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia - Ticker: SPA #### Geometry - Grade: 1.27 - Grade Unit: g/t - Intercept: 13.12 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-06-02T00:00:00.000Z #### Dates - Event date: 2025-09-12T00:00:00.000Z Reasoning: Historical sub-interval mentioned as context for Phoenix deposit. Evidence · text > including 13.12 metres, grading 1.27 g/t gold ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.