# Spanish Mountain Gold Drilling Intersects 102.36 Metres Grading 0.92 g/t Gold With a High-Grade Subset of 17.00 Metres of 2.12 g/t Gold

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-102-36-metres-grading-0-92-g-t-gold-wi--a4da98b4-2885-465f-a339-fd35a326ea32

Original source: https://money.tmx.com/en/quote/SPA/news/8909573134005365/spanish-mountain-gold-drilling-intersects-102-36-metres-grading-0-92-g-t-gold-wi

Publisher: tmx

Original announcement: 2026-01-06T12:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Spanish Mountain Gold

- Ticker: SPA

- Exchange: TSX

- Region: British Columbia, Canada

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Drill results

- Extracted: 2026-08-26 11:17:40 UTC

Narrative sentiment: 0.70 · Bullish

## Minestarters Atlas summary

Spanish Mountain Gold announced drill results from five exploration holes at its Spanish Mountain Gold project in British Columbia, Canada. The program successfully extended gold mineralization along the Orca Fault target, with notable intercepts including 171.36 meters grading 0.64 g/t gold, which contained a high-grade subset of 102.36 meters at 0.92 g/t gold and 17.00 meters at 2.12 g/t gold. The company reported robust QA/QC procedures and noted that some results exceeded the average grade of the current Mineral Resource Estimate.

Reasoning: The drill results demonstrate significant gold mineralization over wide intercepts, including high-grade subsets, extending the newly defined Orca Fault target. The extensive QA/QC program supports the reliability of the assays, and some results exceed the project's average MRE grade. However, the lack of true thickness information introduces some uncertainty.

- Positive factor: Wide intercepts with significant gold grades

- Positive factor: High-grade subsets within broader mineralization

- Positive factor: Extension of mineralization along strike in a newly defined target area

- Positive factor: Extensive QA/QC program with certified lab and QP sign-off

- Positive factor: Some results higher than average grade of current MRE

- Negative factor: True thickness of mineralization is unknown

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 25

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release includes a detailed section on Drill Core Processing, Data Verification and Quality Assurance – Quality Control Program \(QAQC\), mentioning blanks, standards, duplicates, certified reference materials, and external laboratory checks.

Evidence · text

> Drill Core Processing, Data Verification and Quality Assurance – Quality Control Program \(QAQC\)

**QP/CP Signed**

Polarity: positive

Story-specific tag

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: Julian Manco, P.Geo, Director of Exploration with Spanish Mountain Gold, is stated as the Qualified Person who reviewed and approved the technical information.

Evidence · text

> Julian Manco, M.Sc., P.Geo., Director of Exploration with Spanish Mountain Gold, is the Qualified Person as defined under National Instrument 43-101 who has reviewed the technical information in this news release and has approved the content for dissemination.

**Certified Lab**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: MSALABS’s analytical facility is stated to be accredited to ISO/IEC 17025 and ISO 9001 standards.

Evidence · text

> The MSALABS facilities are accredited to the International Standards ISO/IEC 17025 and ISO 9001 standard for gold and multi-element assays

**Apparent Width Only**

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The notes for the assay tables explicitly state that 'True thickness of mineralization is unknown as the project is still at the exploration stage'.

Evidence · table

> True thickness of mineralization is unknown as the project is still at the exploration stage

Context: Note 3\)

**Cut-off Disclosed**

Polarity: positive

Story-specific tag

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: The notes for the assay tables clearly state that 'Reported intersections are calculated using a 0.15 g/t Au cut-off grade'.

Evidence · table

> Reported intersections are calculated using a 0.15 g/t Au cut-off grade.

Context: 1\) Reported intersections are calculated using a 0.15 g/t Au cut-off grade.

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The drilling is described as 'exploration drill holes within the Orca Fault target trend' and 'continues to intersect significant higher-grade mineralization over 530 m in strike length'.

Evidence · text

> Current exploration drilling assay results continues to intersect significant higher-grade mineralization over 530 m in strike length in the Orca Fault target

**Grade Improvement**

Polarity: positive

Story-specific tag

Definition: Average resource grade improved vs prior estimate — better deposit economics.

Why it applies: The release states that results from drill holes 25-DH-1316 and 25-DH-1318 are 'providing composites higher than the average grade of the current Mineral Resource Estimate'.

Evidence · text

> results from these two \(2\) drill holes providing composites higher than the average grade of the current Mineral Resource Estimate

## Extracted facts

Stored fact records: 25. Some facts used in scoring do not have a stored record.

## Drill Results (25)

### 25-DH-1314

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-102-36-metres-grading-0-92-g-t-gold-wi--a4da98b4-2885-465f-a339-fd35a326ea32#fact-drill-facts-0)

Spanish Mountain Gold project · gold

#### Identity

- Hole ID: 25-DH-1314
- Project: Spanish Mountain Gold project
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: SPA

#### Geometry

- Grade: 0.49
- Grade Unit: g/t
- Intercept: 10.11 m
- From: 56.23 m
- To: 66.34 m
- Hole Depth: 270 m

#### Classification

- Program: exploration
- Mining Method: open\_pit

#### Location

- Easting: 604160
- Northing: 5828218
- Elevation: 1056 m
- Azimuth: 120 °
- Dip: -70 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: MSALABS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-06T00:00:00.000Z

Reasoning: This intercept is of moderate width and weak grade for an open-pit gold project, but contributes to the overall exploration success in the Orca Fault target. QA/QC is robust, but true thickness is not provided.

- Negative factor: True thickness of mineralization is unknown

Evidence · table

> 0.49

Context: 10.11

### 25-DH-1314

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-102-36-metres-grading-0-92-g-t-gold-wi--a4da98b4-2885-465f-a339-fd35a326ea32#fact-drill-facts-1)

Spanish Mountain Gold project · gold

#### Identity

- Hole ID: 25-DH-1314
- Project: Spanish Mountain Gold project
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: SPA

#### Geometry

- Grade: 0.64
- Grade Unit: g/t
- Intercept: 3.14 m
- From: 63.2 m
- To: 66.34 m
- Hole Depth: 270 m

#### Classification

- Program: exploration
- Mining Method: open\_pit

#### Location

- Easting: 604160
- Northing: 5828218
- Elevation: 1056 m
- Azimuth: 120 °
- Dip: -70 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: MSALABS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-06T00:00:00.000Z

Reasoning: This sub-interval shows a slightly higher grade over a narrow width, contributing to the overall mineralization. QA/QC is robust, but true thickness is not provided.

- Negative factor: True thickness of mineralization is unknown

Evidence · table

> 0.64

Context: 3.14

### 25-DH-1314

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-102-36-metres-grading-0-92-g-t-gold-wi--a4da98b4-2885-465f-a339-fd35a326ea32#fact-drill-facts-2)

Spanish Mountain Gold project · gold

#### Identity

- Hole ID: 25-DH-1314
- Project: Spanish Mountain Gold project
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: SPA

#### Geometry

- Grade: 1.57
- Grade Unit: g/t
- Intercept: 2 m
- From: 113 m
- To: 115 m
- Hole Depth: 270 m

#### Classification

- Program: exploration
- Mining Method: open\_pit

#### Location

- Easting: 604160
- Northing: 5828218
- Elevation: 1056 m
- Azimuth: 120 °
- Dip: -70 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: MSALABS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-06T00:00:00.000Z

Reasoning: This narrow intercept shows a moderate grade for an open-pit gold project, indicating localized higher-grade zones. QA/QC is robust, but true thickness is not provided.

- Negative factor: True thickness of mineralization is unknown

Evidence · table

> 1.57

Context: 2.00

### 25-DH-1314

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-102-36-metres-grading-0-92-g-t-gold-wi--a4da98b4-2885-465f-a339-fd35a326ea32#fact-drill-facts-3)

Spanish Mountain Gold project · gold

#### Identity

- Hole ID: 25-DH-1314
- Project: Spanish Mountain Gold project
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: SPA

#### Geometry

- Grade: 0.47
- Grade Unit: g/t
- Intercept: 15.56 m
- From: 150 m
- To: 165.56 m
- Hole Depth: 270 m

#### Classification

- Program: exploration
- Mining Method: open\_pit

#### Location

- Easting: 604160
- Northing: 5828218
- Elevation: 1056 m
- Azimuth: 120 °
- Dip: -70 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: MSALABS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-06T00:00:00.000Z

Reasoning: This intercept is of moderate width and weak grade for an open-pit gold project, contributing to the overall mineralization footprint. QA/QC is robust, but true thickness is not provided.

- Negative factor: True thickness of mineralization is unknown

Evidence · table

> 0.47

Context: 15.56

### 25-DH-1314

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-102-36-metres-grading-0-92-g-t-gold-wi--a4da98b4-2885-465f-a339-fd35a326ea32#fact-drill-facts-4)

Spanish Mountain Gold project · gold

#### Identity

- Hole ID: 25-DH-1314
- Project: Spanish Mountain Gold project
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: SPA

#### Geometry

- Grade: 0.52
- Grade Unit: g/t
- Intercept: 11.2 m
- From: 150 m
- To: 161.2 m
- Hole Depth: 270 m

#### Classification

- Program: exploration
- Mining Method: open\_pit

#### Location

- Easting: 604160
- Northing: 5828218
- Elevation: 1056 m
- Azimuth: 120 °
- Dip: -70 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: MSALABS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-06T00:00:00.000Z

Reasoning: This sub-interval shows a slightly higher grade over a moderate width, contributing to the overall mineralization. QA/QC is robust, but true thickness is not provided.

- Negative factor: True thickness of mineralization is unknown

Evidence · table

> 0.52

Context: 11.20

### 25-DH-1314

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-102-36-metres-grading-0-92-g-t-gold-wi--a4da98b4-2885-465f-a339-fd35a326ea32#fact-drill-facts-5)

Spanish Mountain Gold project · gold

#### Identity

- Hole ID: 25-DH-1314
- Project: Spanish Mountain Gold project
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: SPA

#### Geometry

- Grade: 1.3
- Grade Unit: g/t
- Intercept: 1.5 m
- From: 150 m
- To: 151.5 m
- Hole Depth: 270 m

#### Classification

- Program: exploration
- Mining Method: open\_pit

#### Location

- Easting: 604160
- Northing: 5828218
- Elevation: 1056 m
- Azimuth: 120 °
- Dip: -70 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: MSALABS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-06T00:00:00.000Z

Reasoning: This narrow sub-interval shows a moderate grade for an open-pit gold project, indicating localized higher-grade zones. QA/QC is robust, but true thickness is not provided.

- Negative factor: True thickness of mineralization is unknown

Evidence · table

> 1.30

Context: 1.50

### 25-DH-1314

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-102-36-metres-grading-0-92-g-t-gold-wi--a4da98b4-2885-465f-a339-fd35a326ea32#fact-drill-facts-6)

Spanish Mountain Gold project · gold

#### Identity

- Hole ID: 25-DH-1314
- Project: Spanish Mountain Gold project
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: SPA

#### Geometry

- Grade: 0.77
- Grade Unit: g/t
- Intercept: 4.5 m
- From: 158.5 m
- To: 163 m
- Hole Depth: 270 m

#### Classification

- Program: exploration
- Mining Method: open\_pit

#### Location

- Easting: 604160
- Northing: 5828218
- Elevation: 1056 m
- Azimuth: 120 °
- Dip: -70 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: MSALABS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-06T00:00:00.000Z

Reasoning: This sub-interval shows a moderate grade over a narrow width, contributing to the overall mineralization. QA/QC is robust, but true thickness is not provided.

- Negative factor: True thickness of mineralization is unknown

Evidence · table

> 0.77

Context: 4.50

### 25-DH-1314

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-102-36-metres-grading-0-92-g-t-gold-wi--a4da98b4-2885-465f-a339-fd35a326ea32#fact-drill-facts-7)

Spanish Mountain Gold project · gold

#### Identity

- Hole ID: 25-DH-1314
- Project: Spanish Mountain Gold project
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: SPA

#### Geometry

- Grade: 1.65
- Grade Unit: g/t
- Intercept: 1.2 m
- From: 160 m
- To: 161.2 m
- Hole Depth: 270 m

#### Classification

- Program: exploration
- Mining Method: open\_pit

#### Location

- Easting: 604160
- Northing: 5828218
- Elevation: 1056 m
- Azimuth: 120 °
- Dip: -70 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: MSALABS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-06T00:00:00.000Z

Reasoning: This narrow sub-interval shows a moderate grade for an open-pit gold project, indicating localized higher-grade zones. QA/QC is robust, but true thickness is not provided.

- Negative factor: True thickness of mineralization is unknown

Evidence · table

> 1.65

Context: 1.20

### 25-DH-1314

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-102-36-metres-grading-0-92-g-t-gold-wi--a4da98b4-2885-465f-a339-fd35a326ea32#fact-drill-facts-8)

Spanish Mountain Gold project · gold

#### Identity

- Hole ID: 25-DH-1314
- Project: Spanish Mountain Gold project
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: SPA

#### Geometry

- Grade: 0.43
- Grade Unit: g/t
- Intercept: 13.41 m
- From: 242.59 m
- To: 256 m
- Hole Depth: 270 m

#### Classification

- Program: exploration
- Mining Method: open\_pit

#### Location

- Easting: 604160
- Northing: 5828218
- Elevation: 1056 m
- Azimuth: 120 °
- Dip: -70 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: MSALABS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-06T00:00:00.000Z

Reasoning: This intercept is of moderate width and weak grade for an open-pit gold project, contributing to the overall mineralization footprint. QA/QC is robust, but true thickness is not provided.

- Negative factor: True thickness of mineralization is unknown

Evidence · table

> 0.43

Context: 13.41

### 25-DH-1314

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-102-36-metres-grading-0-92-g-t-gold-wi--a4da98b4-2885-465f-a339-fd35a326ea32#fact-drill-facts-9)

Spanish Mountain Gold project · gold

#### Identity

- Hole ID: 25-DH-1314
- Project: Spanish Mountain Gold project
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: SPA

#### Geometry

- Grade: 0.75
- Grade Unit: g/t
- Intercept: 5.91 m
- From: 242.59 m
- To: 248.5 m
- Hole Depth: 270 m

#### Classification

- Program: exploration
- Mining Method: open\_pit

#### Location

- Easting: 604160
- Northing: 5828218
- Elevation: 1056 m
- Azimuth: 120 °
- Dip: -70 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: MSALABS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-06T00:00:00.000Z

Reasoning: This sub-interval shows a moderate grade over a narrow width, contributing to the overall mineralization. QA/QC is robust, but true thickness is not provided.

- Negative factor: True thickness of mineralization is unknown

Evidence · table

> 0.75

Context: 5.91

### 25-DH-1315

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-102-36-metres-grading-0-92-g-t-gold-wi--a4da98b4-2885-465f-a339-fd35a326ea32#fact-drill-facts-10)

Spanish Mountain Gold project · gold

#### Identity

- Hole ID: 25-DH-1315
- Project: Spanish Mountain Gold project
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: SPA

#### Geometry

- Grade: 0.64
- Grade Unit: g/t
- Intercept: 171.36 m
- From: 20 m
- To: 191.36 m
- Hole Depth: 282 m

#### Classification

- Program: exploration
- Mining Method: open\_pit

#### Location

- Easting: 604231
- Northing: 5828163
- Elevation: 1075 m
- Azimuth: 120 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: MSALABS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-06T00:00:00.000Z

Reasoning: This is a very significant intercept due to its exceptional width and moderate gold grade, indicating a substantial mineralized zone. It strongly supports the extension of the Orca Fault target. QA/QC is robust, but true thickness is not provided.

- Positive factor: Very wide intercept

- Positive factor: Moderate grade for open-pit gold

- Positive factor: Contributes to extending mineralization along strike

- Negative factor: True thickness of mineralization is unknown

Evidence · table

> 0.64

Context: 171.36

### 25-DH-1315

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-102-36-metres-grading-0-92-g-t-gold-wi--a4da98b4-2885-465f-a339-fd35a326ea32#fact-drill-facts-11)

Spanish Mountain Gold project · gold

#### Identity

- Hole ID: 25-DH-1315
- Project: Spanish Mountain Gold project
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: SPA

#### Geometry

- Grade: 0.74
- Grade Unit: g/t
- Intercept: 140.36 m
- From: 51 m
- To: 191.36 m
- Hole Depth: 282 m

#### Classification

- Program: exploration
- Mining Method: open\_pit

#### Location

- Easting: 604231
- Northing: 5828163
- Elevation: 1075 m
- Azimuth: 120 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: MSALABS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-06T00:00:00.000Z

Reasoning: This sub-interval maintains exceptional width and a moderate gold grade, reinforcing the significance of the broader intercept. QA/QC is robust, but true thickness is not provided.

- Positive factor: Very wide intercept

- Positive factor: Moderate grade for open-pit gold

- Positive factor: Contributes to extending mineralization along strike

- Negative factor: True thickness of mineralization is unknown

Evidence · table

> 0.74

Context: 140.36

### 25-DH-1315

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-102-36-metres-grading-0-92-g-t-gold-wi--a4da98b4-2885-465f-a339-fd35a326ea32#fact-drill-facts-12)

Spanish Mountain Gold project · gold

#### Identity

- Hole ID: 25-DH-1315
- Project: Spanish Mountain Gold project
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: SPA

#### Geometry

- Grade: 0.92
- Grade Unit: g/t
- Intercept: 102.36 m
- From: 89 m
- To: 191.36 m
- Hole Depth: 282 m

#### Classification

- Program: exploration
- Mining Method: open\_pit

#### Location

- Easting: 604231
- Northing: 5828163
- Elevation: 1075 m
- Azimuth: 120 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: MSALABS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-06T00:00:00.000Z

Reasoning: This sub-interval is highly significant due to its exceptional width and moderate gold grade, confirming strong continuity within the Orca Fault target. QA/QC is robust, but true thickness is not provided.

- Positive factor: Very wide intercept

- Positive factor: Moderate grade for open-pit gold

- Positive factor: Contributes to extending mineralization along strike

- Negative factor: True thickness of mineralization is unknown

Evidence · table

> 0.92

Context: 102.36

### 25-DH-1315

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-102-36-metres-grading-0-92-g-t-gold-wi--a4da98b4-2885-465f-a339-fd35a326ea32#fact-drill-facts-13)

Spanish Mountain Gold project · gold

#### Identity

- Hole ID: 25-DH-1315
- Project: Spanish Mountain Gold project
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: SPA

#### Geometry

- Grade: 2.12
- Grade Unit: g/t
- Intercept: 17 m
- From: 89 m
- To: 106 m
- Hole Depth: 282 m

#### Classification

- Program: exploration
- Mining Method: open\_pit

#### Location

- Easting: 604231
- Northing: 5828163
- Elevation: 1075 m
- Azimuth: 120 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: MSALABS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-06T00:00:00.000Z

Reasoning: This high-grade sub-interval is very positive, demonstrating strong gold grades over a good width within the broader mineralized zone, enhancing the overall economic potential. QA/QC is robust, but true thickness is not provided.

- Positive factor: Strong gold grade for open-pit project

- Positive factor: Good width for high-grade zone

- Positive factor: Contributes to extending mineralization along strike

- Negative factor: True thickness of mineralization is unknown

Evidence · table

> 2.12

Context: 17.00

### 25-DH-1315

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-102-36-metres-grading-0-92-g-t-gold-wi--a4da98b4-2885-465f-a339-fd35a326ea32#fact-drill-facts-14)

Spanish Mountain Gold project · gold

#### Identity

- Hole ID: 25-DH-1315
- Project: Spanish Mountain Gold project
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: SPA

#### Geometry

- Grade: 1.63
- Grade Unit: g/t
- Intercept: 27.5 m
- From: 89 m
- To: 116.5 m
- Hole Depth: 282 m

#### Classification

- Program: exploration
- Mining Method: open\_pit

#### Location

- Easting: 604231
- Northing: 5828163
- Elevation: 1075 m
- Azimuth: 120 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: MSALABS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-06T00:00:00.000Z

Reasoning: This sub-interval shows strong gold grades over a good width, further highlighting the high-grade potential within the Orca Fault target. QA/QC is robust, but true thickness is not provided.

- Positive factor: Strong gold grade for open-pit project

- Positive factor: Good width for high-grade zone

- Positive factor: Contributes to extending mineralization along strike

- Negative factor: True thickness of mineralization is unknown

Evidence · table

> 1.63

Context: 27.50

### 25-DH-1315

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-102-36-metres-grading-0-92-g-t-gold-wi--a4da98b4-2885-465f-a339-fd35a326ea32#fact-drill-facts-15)

Spanish Mountain Gold project · gold

#### Identity

- Hole ID: 25-DH-1315
- Project: Spanish Mountain Gold project
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: SPA

#### Geometry

- Grade: 1.39
- Grade Unit: g/t
- Intercept: 14.17 m
- From: 177.19 m
- To: 191.36 m
- Hole Depth: 282 m

#### Classification

- Program: exploration
- Mining Method: open\_pit

#### Location

- Easting: 604231
- Northing: 5828163
- Elevation: 1075 m
- Azimuth: 120 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: MSALABS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-06T00:00:00.000Z

Reasoning: This sub-interval shows a moderate gold grade over a good width, contributing to the overall high-grade potential within the Orca Fault target. QA/QC is robust, but true thickness is not provided.

- Positive factor: Moderate gold grade for open-pit project

- Positive factor: Good width for high-grade zone

- Negative factor: True thickness of mineralization is unknown

Evidence · table

> 1.39

Context: 14.17

### 25-DH-1316

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-102-36-metres-grading-0-92-g-t-gold-wi--a4da98b4-2885-465f-a339-fd35a326ea32#fact-drill-facts-16)

Spanish Mountain Gold project · gold

#### Identity

- Hole ID: 25-DH-1316
- Project: Spanish Mountain Gold project
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: SPA

#### Geometry

- Grade: 0.73
- Grade Unit: g/t
- Intercept: 75.71 m
- From: 14.79 m
- To: 90.5 m
- Hole Depth: 177 m

#### Classification

- Program: exploration
- Mining Method: open\_pit

#### Location

- Easting: 604514
- Northing: 5828073
- Elevation: 1050 m
- Azimuth: 120 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: MSALABS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-06T00:00:00.000Z

Reasoning: This wide intercept with a moderate gold grade is positive, especially given its shallow location, suggesting potential for open-pit mining. QA/QC is robust, but true thickness is not provided.

- Positive factor: Wide intercept

- Positive factor: Moderate grade for open-pit gold

- Positive factor: Located in shallow, near-surface environment

- Negative factor: True thickness of mineralization is unknown

Evidence · table

> 0.73

Context: 75.71

### 25-DH-1316

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-102-36-metres-grading-0-92-g-t-gold-wi--a4da98b4-2885-465f-a339-fd35a326ea32#fact-drill-facts-17)

Spanish Mountain Gold project · gold

#### Identity

- Hole ID: 25-DH-1316
- Project: Spanish Mountain Gold project
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: SPA

#### Geometry

- Grade: 1.1
- Grade Unit: g/t
- Intercept: 42.63 m
- From: 46.04 m
- To: 88.67 m
- Hole Depth: 177 m

#### Classification

- Program: exploration
- Mining Method: open\_pit

#### Location

- Easting: 604514
- Northing: 5828073
- Elevation: 1050 m
- Azimuth: 120 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: MSALABS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-06T00:00:00.000Z

Reasoning: This sub-interval shows a good width and moderate gold grade, reinforcing the potential of the shallow mineralization. QA/QC is robust, but true thickness is not provided.

- Positive factor: Wide intercept

- Positive factor: Moderate grade for open-pit gold

- Positive factor: Located in shallow, near-surface environment

- Negative factor: True thickness of mineralization is unknown

Evidence · table

> 1.10

Context: 42.63

### 25-DH-1316

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-102-36-metres-grading-0-92-g-t-gold-wi--a4da98b4-2885-465f-a339-fd35a326ea32#fact-drill-facts-18)

Spanish Mountain Gold project · gold

#### Identity

- Hole ID: 25-DH-1316
- Project: Spanish Mountain Gold project
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: SPA

#### Geometry

- Grade: 0.57
- Grade Unit: g/t
- Intercept: 2.61 m
- From: 124.63 m
- To: 127.24 m
- Hole Depth: 177 m

#### Classification

- Program: exploration
- Mining Method: open\_pit

#### Location

- Easting: 604514
- Northing: 5828073
- Elevation: 1050 m
- Azimuth: 120 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: MSALABS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-06T00:00:00.000Z

Reasoning: This narrow intercept shows a weak grade for an open-pit gold project, indicating minor mineralization. QA/QC is robust, but true thickness is not provided.

- Negative factor: True thickness of mineralization is unknown

Evidence · table

> 0.57

Context: 2.61

### 25-DH-1317

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-102-36-metres-grading-0-92-g-t-gold-wi--a4da98b4-2885-465f-a339-fd35a326ea32#fact-drill-facts-19)

Spanish Mountain Gold project · gold

#### Identity

- Hole ID: 25-DH-1317
- Project: Spanish Mountain Gold project
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: SPA

#### Geometry

- Grade: 0.71
- Grade Unit: g/t
- Intercept: 36.55 m
- From: 121.65 m
- To: 158.2 m
- Hole Depth: 282 m

#### Classification

- Program: exploration
- Mining Method: open\_pit

#### Location

- Easting: 604186
- Northing: 5828166
- Elevation: 1076 m
- Azimuth: 120 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: MSALABS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-06T00:00:00.000Z

Reasoning: This intercept shows good width and a moderate gold grade, contributing positively to the understanding of mineralization continuity. QA/QC is robust, but true thickness is not provided.

- Positive factor: Good width

- Positive factor: Moderate grade for open-pit gold

- Negative factor: True thickness of mineralization is unknown

Evidence · table

> 0.71

Context: 36.55

### 25-DH-1317

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-102-36-metres-grading-0-92-g-t-gold-wi--a4da98b4-2885-465f-a339-fd35a326ea32#fact-drill-facts-20)

Spanish Mountain Gold project · gold

#### Identity

- Hole ID: 25-DH-1317
- Project: Spanish Mountain Gold project
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: SPA

#### Geometry

- Grade: 1.01
- Grade Unit: g/t
- Intercept: 18.98 m
- From: 131.8 m
- To: 150.78 m
- Hole Depth: 282 m

#### Classification

- Program: exploration
- Mining Method: open\_pit

#### Location

- Easting: 604186
- Northing: 5828166
- Elevation: 1076 m
- Azimuth: 120 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: MSALABS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-06T00:00:00.000Z

Reasoning: This sub-interval shows good width and a moderate gold grade, indicating a higher-grade zone within the broader intercept. QA/QC is robust, but true thickness is not provided.

- Positive factor: Good width

- Positive factor: Moderate grade for open-pit gold

- Negative factor: True thickness of mineralization is unknown

Evidence · table

> 1.01

Context: 18.98

### 25-DH-1318

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-102-36-metres-grading-0-92-g-t-gold-wi--a4da98b4-2885-465f-a339-fd35a326ea32#fact-drill-facts-21)

Spanish Mountain Gold project · gold

#### Identity

- Hole ID: 25-DH-1318
- Project: Spanish Mountain Gold project
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: SPA

#### Geometry

- Grade: 0.5
- Grade Unit: g/t
- Intercept: 61.12 m
- From: 48.38 m
- To: 109.5 m
- Hole Depth: 243 m

#### Classification

- Program: exploration
- Mining Method: open\_pit

#### Location

- Easting: 604445
- Northing: 5828098
- Elevation: 1055 m
- Azimuth: 120 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: MSALABS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-06T00:00:00.000Z

Reasoning: This wide intercept with a moderate gold grade is positive, especially given its shallow location, suggesting potential for open-pit mining. QA/QC is robust, but true thickness is not provided.

- Positive factor: Wide intercept

- Positive factor: Moderate grade for open-pit gold

- Positive factor: Located in shallow, near-surface environment

- Negative factor: True thickness of mineralization is unknown

Evidence · table

> 0.50

Context: 61.12

### 25-DH-1318

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-102-36-metres-grading-0-92-g-t-gold-wi--a4da98b4-2885-465f-a339-fd35a326ea32#fact-drill-facts-22)

Spanish Mountain Gold project · gold

#### Identity

- Hole ID: 25-DH-1318
- Project: Spanish Mountain Gold project
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: SPA

#### Geometry

- Grade: 0.66
- Grade Unit: g/t
- Intercept: 41.04 m
- From: 48.38 m
- To: 89.42 m
- Hole Depth: 243 m

#### Classification

- Program: exploration
- Mining Method: open\_pit

#### Location

- Easting: 604445
- Northing: 5828098
- Elevation: 1055 m
- Azimuth: 120 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: MSALABS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-06T00:00:00.000Z

Reasoning: This sub-interval shows good width and a moderate gold grade, reinforcing the potential of the shallow mineralization. QA/QC is robust, but true thickness is not provided.

- Positive factor: Wide intercept

- Positive factor: Moderate grade for open-pit gold

- Positive factor: Located in shallow, near-surface environment

- Negative factor: True thickness of mineralization is unknown

Evidence · table

> 0.66

Context: 41.04

### 25-DH-1318

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-102-36-metres-grading-0-92-g-t-gold-wi--a4da98b4-2885-465f-a339-fd35a326ea32#fact-drill-facts-23)

Spanish Mountain Gold project · gold

#### Identity

- Hole ID: 25-DH-1318
- Project: Spanish Mountain Gold project
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: SPA

#### Geometry

- Grade: 0.78
- Grade Unit: g/t
- Intercept: 28.62 m
- From: 48.38 m
- To: 77 m
- Hole Depth: 243 m

#### Classification

- Program: exploration
- Mining Method: open\_pit

#### Location

- Easting: 604445
- Northing: 5828098
- Elevation: 1055 m
- Azimuth: 120 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: MSALABS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-06T00:00:00.000Z

Reasoning: This sub-interval shows good width and a moderate gold grade, further highlighting the potential of the shallow mineralization. QA/QC is robust, but true thickness is not provided.

- Positive factor: Good width

- Positive factor: Moderate grade for open-pit gold

- Positive factor: Located in shallow, near-surface environment

- Negative factor: True thickness of mineralization is unknown

Evidence · table

> 0.78

Context: 28.62

### 25-DH-1318

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-102-36-metres-grading-0-92-g-t-gold-wi--a4da98b4-2885-465f-a339-fd35a326ea32#fact-drill-facts-24)

Spanish Mountain Gold project · gold

#### Identity

- Hole ID: 25-DH-1318
- Project: Spanish Mountain Gold project
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia, Canada
- Ticker: SPA

#### Geometry

- Grade: 1.08
- Grade Unit: g/t
- Intercept: 14 m
- From: 60 m
- To: 74 m
- Hole Depth: 243 m

#### Classification

- Program: exploration
- Mining Method: open\_pit

#### Location

- Easting: 604445
- Northing: 5828098
- Elevation: 1055 m
- Azimuth: 120 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: MSALABS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Compositing

- Cutoff Grade: 0.15
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-06T00:00:00.000Z

Reasoning: This sub-interval shows a moderate gold grade over a good width, indicating a higher-grade zone within the shallow mineralization. QA/QC is robust, but true thickness is not provided.

- Positive factor: Moderate grade for open-pit gold

- Positive factor: Good width for high-grade zone

- Positive factor: Located in shallow, near-surface environment

- Negative factor: True thickness of mineralization is unknown

Evidence · table

> 1.08

Context: 14.00

## 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.