# Spanish Mountain Gold Drilling Intersects 133.57 Metres Grading 1.35 g/t Gold With a Higher-Grade Subset of 25.47 Metres of 4.28 g/t Gold Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f Original source: https://money.tmx.com/en/quote/SPA/news/6615565850086128/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi Publisher: tmx Original announcement: 2026-01-26T12:00:00.000Z 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, Canada - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Drill results - Extracted: 2026-08-26 11:13:33 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Spanish Mountain Gold Ltd. reported additional assay results from seven exploration drill holes at its Spanish Mountain Gold Project in British Columbia, Canada. Highlights include 133.57 metres grading 1.35 g/t gold, with a higher-grade subset of 25.47 metres of 4.28 g/t gold in hole 25-DH-1322. These results continue to extend and confirm high-grade gold mineralization within the Orca Fault target area, supporting the project's open-pit potential. Reasoning: The drill program continues to intersect significant high-grade gold mineralization over wide intervals, extending continuity within the Orca Fault target area, supporting the project's open-pit potential, and is backed by robust QA/QC procedures. However, the lack of true width disclosure introduces some uncertainty. - Positive factor: High-grade gold intercepts over significant widths - Positive factor: Extension of mineralization continuity along strike and across sections - Positive factor: Explicit mention of open pit environment potential - Positive factor: Comprehensive QA/QC disclosure with accredited lab and QP sign-off - Negative factor: True thickness of mineralization is unknown Facts used in scoring: 49 ## 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 dedicated section on 'Drill Core Processing, Data Verification and Quality Assurance – Quality Control Program \(QAQC\)' detailing procedures, standards, blanks, duplicates, and external platforms. 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, M.Sc., P.Geo., Director of Exploration with Spanish Mountain Gold, is named 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. **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 document explicitly states that 'Reported intersections are calculated using a 0.15 g/t Au cut-off grade'. Evidence · text > Reported intersections are calculated using a 0.15 g/t Au cut-off grade. **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 document explicitly states 'True thickness of mineralization is unknown as the project is still at the exploration stage' for all reported intercepts. Evidence · text > True thickness of mineralization is unknown as the project is still at the exploration stage **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: The drilling 'continues to intersect significant higher-grade mineralization over 530 m in strike length' and 'continuity can now be traced across multiple parallel, adjacent drill sections', indicating extension of known mineralization. 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 area \(Figure 1 and Figure 4\) and the continuity can now be traced across multiple parallel, adjacent drill sections over 80 to 150 m. **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: The release mentions that 'tighter exploration drill spacing is unlocking additional mineral potential in the Main deposit', suggesting infill drilling to better define the resource. Evidence · text > All results to date continue to reinforce that tighter exploration drill spacing is unlocking additional mineral potential in the Main deposit. **Slightly Below Exceptional Grade** Polarity: neutral Story-specific tag Definition: No canonical definition is currently available. Why it applies: The headline intercept of 1.35 g/t Au is just below the 'strong' threshold of 1.5 g/t Au for open pit gold, but still a very good grade. Evidence · text > 133.57 Metres Grading 1.35 g/t Gold ## Extracted facts Stored fact records: 49. Some facts used in scoring do not have a stored record. ## Drill Results (49) ### 25-DH-1318 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-0) Spanish Mountain Gold Project · gold Historical result Needs review: historical\_restatement #### 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 - Sample Type: drill - Group ID: 25-DH-1318:48.38-109.5 - 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: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-01-06T00:00:00.000Z #### Dates - Event date: 2026-01-26T00:00:00.000Z Reasoning: This intercept is historical data, previously released, and while the grade is moderate for an open pit, the novelty is low. True thickness is unknown. - Negative factor: Apparent width only - Negative factor: Stale data re-release 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-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-1) Spanish Mountain Gold Project · gold Historical result Needs review: historical\_restatement #### 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 - Sample Type: drill - Group ID: 25-DH-1318:48.38-89.42 - 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: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-01-06T00:00:00.000Z #### Dates - Event date: 2026-01-26T00:00:00.000Z Reasoning: This intercept is historical data, previously released, and while the grade is moderate for an open pit, the novelty is low. True thickness is unknown. - Negative factor: Apparent width only - Negative factor: Stale data re-release 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-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-2) Spanish Mountain Gold Project · gold Historical result Needs review: historical\_restatement #### 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 - Sample Type: drill - Group ID: 25-DH-1318:48.38-77.0 - 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: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-01-06T00:00:00.000Z #### Dates - Event date: 2026-01-26T00:00:00.000Z Reasoning: This intercept is historical data, previously released, and while the grade is moderate for an open pit, the novelty is low. True thickness is unknown. - Negative factor: Apparent width only - Negative factor: Stale data re-release 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-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-3) Spanish Mountain Gold Project · gold Historical result Needs review: historical\_restatement #### 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 - Sample Type: drill - Group ID: 25-DH-1318:60.0-74.0 - 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: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-01-06T00:00:00.000Z #### Dates - Event date: 2026-01-26T00:00:00.000Z Reasoning: This intercept is historical data, previously released, and while the grade is moderate for an open pit, the novelty is low. True thickness is unknown. - Negative factor: Apparent width only - Negative factor: Stale data re-release Evidence · table > 1.08 Context: 14.00 ### 25-DH-1318 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-4) 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: 1.17 - Grade Unit: g/t - Intercept: 3.82 m - From: 149.74 m - To: 153.56 m - Hole Depth: 243 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1318:149.74-153.56 - 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: 2026-01-26T00:00:00.000Z Reasoning: This is a new intercept with a moderate grade for an open pit, but the width is narrow and true thickness is unknown. - Positive factor: Moderate grade for open pit - Positive factor: New data - Negative factor: Narrow intercept - Negative factor: Apparent width only Evidence · table > 1.17 Context: 3.82 ### 25-DH-1318 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-5) 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: 0.9 - Grade Unit: g/t - Intercept: 40.2 m - From: 180 m - To: 220.2 m - Hole Depth: 243 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1318:180.0-220.2 - 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: 2026-01-26T00:00:00.000Z Reasoning: This is a new intercept with a moderate grade over a strong width for an open pit, contributing to deeper mineralization understanding. True thickness is unknown. - Positive factor: Moderate grade for open pit - Positive factor: Strong continuity - Positive factor: New data - Negative factor: Apparent width only Evidence · table > 0.90 Context: 40.20 ### 25-DH-1318 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-6) 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: 1.52 - Grade Unit: g/t - Intercept: 20.72 m - From: 180 m - To: 200.72 m - Hole Depth: 243 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1318:180.0-200.72 - 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: 2026-01-26T00:00:00.000Z Reasoning: This new intercept shows a strong grade over a strong width for an open pit, indicating significant mineralization. True thickness is unknown. - Positive factor: Strong grade for open pit - Positive factor: Strong continuity - Positive factor: New data - Negative factor: Apparent width only Evidence · table > 1.52 Context: 20.72 ### 25-DH-1318 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-7) 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: 5.65 - Grade Unit: g/t - Intercept: 5 m - From: 180 m - To: 185 m - Hole Depth: 243 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1318:180.0-185.0 - 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: 2026-01-26T00:00:00.000Z Reasoning: This new intercept features an exceptional grade for an open pit, indicating a high-grade zone, despite the narrow width. True thickness is unknown. - Positive factor: Exceptional grade for open pit - Positive factor: New data - Negative factor: Narrow intercept - Negative factor: Apparent width only Evidence · table > 5.65 Context: 5.00 ### 25-DH-1319 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-8) Spanish Mountain Gold Project · gold #### Identity - Hole ID: 25-DH-1319 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: SPA #### Geometry - Grade: 1.21 - Grade Unit: g/t - Intercept: 1.2 m - From: 10 m - To: 11.2 m - Hole Depth: 198 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1319:10.0-11.2 - Mining Method: open\_pit #### Location - Easting: 604404 - Northing: 5827992 - Elevation: 1095 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: 2026-01-26T00:00:00.000Z Reasoning: This new intercept shows a moderate grade for an open pit, but the very narrow width limits its materiality. True thickness is unknown. - Positive factor: Moderate grade for open pit - Positive factor: New data - Negative factor: Narrow intercept - Negative factor: Apparent width only Evidence · table > 1.21 Context: 1.20 ### 25-DH-1319 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-9) Spanish Mountain Gold Project · gold #### Identity - Hole ID: 25-DH-1319 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: SPA #### Geometry - Grade: 0.46 - Grade Unit: g/t - Intercept: 115.2 m - From: 24 m - To: 139.2 m - Hole Depth: 198 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1319:24.0-139.2 - Mining Method: open\_pit #### Location - Easting: 604404 - Northing: 5827992 - Elevation: 1095 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: 2026-01-26T00:00:00.000Z Reasoning: This new intercept shows a weak grade but over a very wide, continuous interval, suggesting bulk tonnage potential. True thickness is unknown. - Positive factor: Weak grade for open pit - Positive factor: Continuous width - Positive factor: New data - Negative factor: Apparent width only Evidence · table > 0.46 Context: 115.20 ### 25-DH-1319 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-10) Spanish Mountain Gold Project · gold #### Identity - Hole ID: 25-DH-1319 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: SPA #### Geometry - Grade: 0.53 - Grade Unit: g/t - Intercept: 89.5 m - From: 24 m - To: 113.5 m - Hole Depth: 198 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1319:24.0-113.5 - Mining Method: open\_pit #### Location - Easting: 604404 - Northing: 5827992 - Elevation: 1095 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: 2026-01-26T00:00:00.000Z Reasoning: This new intercept shows a weak grade but over a very wide, continuous interval, suggesting bulk tonnage potential. True thickness is unknown. - Positive factor: Weak grade for open pit - Positive factor: Continuous width - Positive factor: New data - Negative factor: Apparent width only Evidence · table > 0.53 Context: 89.50 ### 25-DH-1319 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-11) Spanish Mountain Gold Project · gold #### Identity - Hole ID: 25-DH-1319 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: SPA #### Geometry - Grade: 0.7 - Grade Unit: g/t - Intercept: 51 m - From: 38 m - To: 89 m - Hole Depth: 198 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1319:38.0-89.0 - Mining Method: open\_pit #### Location - Easting: 604404 - Northing: 5827992 - Elevation: 1095 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: 2026-01-26T00:00:00.000Z Reasoning: This new intercept shows a weak grade but over a very wide, continuous interval, suggesting bulk tonnage potential. True thickness is unknown. - Positive factor: Weak grade for open pit - Positive factor: Continuous width - Positive factor: New data - Negative factor: Apparent width only Evidence · table > 0.70 Context: 51.00 ### 25-DH-1319 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-12) Spanish Mountain Gold Project · gold #### Identity - Hole ID: 25-DH-1319 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: SPA #### Geometry - Grade: 1.31 - Grade Unit: g/t - Intercept: 12.45 m - From: 38 m - To: 50.45 m - Hole Depth: 198 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1319:38.0-50.45 - Mining Method: open\_pit #### Location - Easting: 604404 - Northing: 5827992 - Elevation: 1095 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: 2026-01-26T00:00:00.000Z Reasoning: This new intercept shows a moderate grade over a moderate width for an open pit. True thickness is unknown. - Positive factor: Moderate grade for open pit - Positive factor: Moderate width - Positive factor: New data - Negative factor: Apparent width only Evidence · table > 1.31 Context: 12.45 ### 25-DH-1320 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-13) Spanish Mountain Gold Project · gold #### Identity - Hole ID: 25-DH-1320 - 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: 15 m - From: 30 m - To: 45 m - Hole Depth: 57 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1320:30.0-45.0 - Mining Method: open\_pit #### Location - Easting: 604561 - Northing: 5827809 - Elevation: 1126 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: 2026-01-26T00:00:00.000Z Reasoning: This new intercept shows a weak grade over a moderate width for an open pit, but the hole ended prematurely in a fault zone, limiting its overall significance. True thickness is unknown. - Positive factor: Weak grade for open pit - Positive factor: New data - Negative factor: Moderate width - Negative factor: Apparent width only - Negative factor: Hole ended prematurely Evidence · table > 0.43 Context: 15.00 ### 25-DH-1320 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-14) Spanish Mountain Gold Project · gold #### Identity - Hole ID: 25-DH-1320 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: SPA #### Geometry - Grade: 0.83 - Grade Unit: g/t - Intercept: 5 m - From: 40 m - To: 45 m - Hole Depth: 57 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1320:40.0-45.0 - Mining Method: open\_pit #### Location - Easting: 604561 - Northing: 5827809 - Elevation: 1126 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: 2026-01-26T00:00:00.000Z Reasoning: This new intercept shows a moderate grade for an open pit, but the narrow width and premature end of the hole limit its overall significance. True thickness is unknown. - Positive factor: Moderate grade for open pit - Positive factor: New data - Negative factor: Narrow intercept - Negative factor: Apparent width only - Negative factor: Hole ended prematurely Evidence · table > 0.83 Context: 5.00 ### 25-DH-1321 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-15) Spanish Mountain Gold Project · gold #### Identity - Hole ID: 25-DH-1321 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: SPA #### Geometry - Grade: 0.58 - Grade Unit: g/t - Intercept: 101.05 m - From: 30 m - To: 131.05 m - Hole Depth: 348 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1321:30.0-131.05 - Mining Method: open\_pit #### Location - Easting: 604350 - Northing: 5828016 - Elevation: 1099 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: 2026-01-26T00:00:00.000Z Reasoning: This new intercept shows a weak grade but over a very wide, continuous interval, suggesting bulk tonnage potential. True thickness is unknown. - Positive factor: Weak grade for open pit - Positive factor: Continuous width - Positive factor: New data - Negative factor: Apparent width only Evidence · table > 0.58 Context: 101.05 ### 25-DH-1321 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-16) Spanish Mountain Gold Project · gold #### Identity - Hole ID: 25-DH-1321 - 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: 83.5 m - From: 38 m - To: 121.5 m - Hole Depth: 348 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1321:38.0-121.5 - Mining Method: open\_pit #### Location - Easting: 604350 - Northing: 5828016 - Elevation: 1099 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: 2026-01-26T00:00:00.000Z Reasoning: This new intercept shows a weak grade but over a very wide, continuous interval, suggesting bulk tonnage potential. True thickness is unknown. - Positive factor: Weak grade for open pit - Positive factor: Continuous width - Positive factor: New data - Negative factor: Apparent width only Evidence · table > 0.66 Context: 83.50 ### 25-DH-1321 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-17) Spanish Mountain Gold Project · gold #### Identity - Hole ID: 25-DH-1321 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: SPA #### Geometry - Grade: 0.81 - Grade Unit: g/t - Intercept: 36.3 m - From: 66 m - To: 102.3 m - Hole Depth: 348 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1321:66.0-102.3 - Mining Method: open\_pit #### Location - Easting: 604350 - Northing: 5828016 - Elevation: 1099 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: 2026-01-26T00:00:00.000Z Reasoning: This new intercept shows a moderate grade over a strong width for an open pit. True thickness is unknown. - Positive factor: Moderate grade for open pit - Positive factor: Strong continuity - Positive factor: New data - Negative factor: Apparent width only Evidence · table > 0.81 Context: 36.30 ### 25-DH-1321 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-18) Spanish Mountain Gold Project · gold #### Identity - Hole ID: 25-DH-1321 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: SPA #### Geometry - Grade: 2.58 - Grade Unit: g/t - Intercept: 6.35 m - From: 66 m - To: 72.35 m - Hole Depth: 348 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1321:66.0-72.35 - Mining Method: open\_pit #### Location - Easting: 604350 - Northing: 5828016 - Elevation: 1099 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: 2026-01-26T00:00:00.000Z Reasoning: This new intercept shows a strong grade for an open pit, indicating a high-grade zone, despite the narrow width. True thickness is unknown. - Positive factor: Strong grade for open pit - Positive factor: New data - Negative factor: Narrow intercept - Negative factor: Apparent width only Evidence · table > 2.58 Context: 6.35 ### 25-DH-1321 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-19) Spanish Mountain Gold Project · gold #### Identity - Hole ID: 25-DH-1321 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: SPA #### Geometry - Grade: 2.1 - Grade Unit: g/t - Intercept: 2.5 m - From: 119 m - To: 121.5 m - Hole Depth: 348 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1321:119.0-121.5 - Mining Method: open\_pit #### Location - Easting: 604350 - Northing: 5828016 - Elevation: 1099 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: 2026-01-26T00:00:00.000Z Reasoning: This new intercept shows a strong grade for an open pit, but the narrow width limits its materiality. True thickness is unknown. - Positive factor: Strong grade for open pit - Positive factor: New data - Negative factor: Narrow intercept - Negative factor: Apparent width only Evidence · table > 2.10 Context: 2.50 ### 25-DH-1321 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-20) Spanish Mountain Gold Project · gold #### Identity - Hole ID: 25-DH-1321 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: SPA #### Geometry - Grade: 0.72 - Grade Unit: g/t - Intercept: 4.85 m - From: 195.65 m - To: 200.5 m - Hole Depth: 348 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1321:195.65-200.5 - Mining Method: open\_pit #### Location - Easting: 604350 - Northing: 5828016 - Elevation: 1099 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: 2026-01-26T00:00:00.000Z Reasoning: This new intercept shows a weak grade over a narrow width for an open pit. True thickness is unknown. - Positive factor: Weak grade for open pit - Positive factor: New data - Negative factor: Narrow intercept - Negative factor: Apparent width only Evidence · table > 0.72 Context: 4.85 ### 25-DH-1321 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-21) Spanish Mountain Gold Project · gold #### Identity - Hole ID: 25-DH-1321 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: SPA #### Geometry - Grade: 5.01 - Grade Unit: g/t - Intercept: 1.15 m - From: 220.2 m - To: 221.35 m - Hole Depth: 348 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1321:220.2-221.35 - Mining Method: open\_pit #### Location - Easting: 604350 - Northing: 5828016 - Elevation: 1099 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: 2026-01-26T00:00:00.000Z Reasoning: This new intercept shows an exceptional grade for an open pit, but the very narrow width limits its overall materiality. True thickness is unknown. - Positive factor: Exceptional grade for open pit - Positive factor: New data - Negative factor: Narrow intercept - Negative factor: Apparent width only Evidence · table > 5.01 Context: 1.15 ### 25-DH-1321 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-22) Spanish Mountain Gold Project · gold #### Identity - Hole ID: 25-DH-1321 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: SPA #### Geometry - Grade: 0.67 - Grade Unit: g/t - Intercept: 23 m - From: 265.5 m - To: 288.5 m - Hole Depth: 348 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1321:265.5-288.5 - Mining Method: open\_pit #### Location - Easting: 604350 - Northing: 5828016 - Elevation: 1099 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: 2026-01-26T00:00:00.000Z Reasoning: This new intercept shows a weak grade over a strong width for an open pit. True thickness is unknown. - Positive factor: Weak grade for open pit - Positive factor: Strong continuity - Positive factor: New data - Negative factor: Apparent width only Evidence · table > 0.67 Context: 23.00 ### 25-DH-1321 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-23) Spanish Mountain Gold Project · gold #### Identity - Hole ID: 25-DH-1321 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: SPA #### Geometry - Grade: 1.98 - Grade Unit: g/t - Intercept: 4.5 m - From: 281 m - To: 285.5 m - Hole Depth: 348 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1321:281.0-285.5 - Mining Method: open\_pit #### Location - Easting: 604350 - Northing: 5828016 - Elevation: 1099 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: 2026-01-26T00:00:00.000Z Reasoning: This new intercept shows a strong grade for an open pit, indicating a high-grade zone, despite the narrow width. True thickness is unknown. - Positive factor: Strong grade for open pit - Positive factor: New data - Negative factor: Narrow intercept - Negative factor: Apparent width only Evidence · table > 1.98 Context: 4.50 ### 25-DH-1322 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-24) Spanish Mountain Gold Project · gold #### Identity - Hole ID: 25-DH-1322 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: SPA #### Geometry - Grade: 1.35 - Grade Unit: g/t - Intercept: 133.57 m - From: 75.43 m - To: 209 m - Hole Depth: 231 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1322:75.43-209.0 - Mining Method: open\_pit #### Location - Easting: 604279 - Northing: 5827995 - Elevation: 1106 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: 2026-01-26T00:00:00.000Z Reasoning: This new intercept is highly material, featuring a moderate grade over a very wide, continuous interval, resulting in a strong GT product, indicating significant bulk tonnage potential. True thickness is unknown. - Positive factor: Moderate grade for open pit - Positive factor: Continuous width - Positive factor: Strong GT product - Positive factor: New data - Negative factor: Apparent width only Evidence · table > 1.35 Context: 133.57 ### 25-DH-1322 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-25) Spanish Mountain Gold Project · gold #### Identity - Hole ID: 25-DH-1322 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: SPA #### Geometry - Grade: 0.87 - Grade Unit: g/t - Intercept: 32.37 m - From: 75.43 m - To: 107.8 m - Hole Depth: 231 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1322:75.43-107.8 - Mining Method: open\_pit #### Location - Easting: 604279 - Northing: 5827995 - Elevation: 1106 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: 2026-01-26T00:00:00.000Z Reasoning: This new intercept shows a moderate grade over a strong width for an open pit, indicating significant mineralization. True thickness is unknown. - Positive factor: Moderate grade for open pit - Positive factor: Strong continuity - Positive factor: New data - Negative factor: Apparent width only Evidence · table > 0.87 Context: 32.37 ### 25-DH-1322 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-26) Spanish Mountain Gold Project · gold #### Identity - Hole ID: 25-DH-1322 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: SPA #### Geometry - Grade: 1.14 - Grade Unit: g/t - Intercept: 23.44 m - From: 75.43 m - To: 98.87 m - Hole Depth: 231 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1322:75.43-98.87 - Mining Method: open\_pit #### Location - Easting: 604279 - Northing: 5827995 - Elevation: 1106 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: 2026-01-26T00:00:00.000Z Reasoning: This new intercept shows a moderate grade over a strong width for an open pit, indicating significant mineralization. True thickness is unknown. - Positive factor: Moderate grade for open pit - Positive factor: Strong continuity - Positive factor: New data - Negative factor: Apparent width only Evidence · table > 1.14 Context: 23.44 ### 25-DH-1322 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-27) Spanish Mountain Gold Project · gold #### Identity - Hole ID: 25-DH-1322 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: SPA #### Geometry - Grade: 1.52 - Grade Unit: g/t - Intercept: 15.31 m - From: 81 m - To: 96.31 m - Hole Depth: 231 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1322:81.0-96.31 - Mining Method: open\_pit #### Location - Easting: 604279 - Northing: 5827995 - Elevation: 1106 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: 2026-01-26T00:00:00.000Z Reasoning: This new intercept shows a strong grade over a moderate width for an open pit, indicating a significant high-grade zone. True thickness is unknown. - Positive factor: Strong grade for open pit - Positive factor: Moderate width - Positive factor: New data - Negative factor: Apparent width only Evidence · table > 1.52 Context: 15.31 ### 25-DH-1322 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-28) Spanish Mountain Gold Project · gold #### Identity - Hole ID: 25-DH-1322 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: SPA #### Geometry - Grade: 2.74 - Grade Unit: g/t - Intercept: 6.16 m - From: 87.84 m - To: 94 m - Hole Depth: 231 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1322:87.84-94.0 - Mining Method: open\_pit #### Location - Easting: 604279 - Northing: 5827995 - Elevation: 1106 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: 2026-01-26T00:00:00.000Z Reasoning: This new intercept shows a strong grade for an open pit, indicating a high-grade zone, despite the narrow width. True thickness is unknown. - Positive factor: Strong grade for open pit - Positive factor: New data - Negative factor: Narrow intercept - Negative factor: Apparent width only Evidence · table > 2.74 Context: 6.16 ### 25-DH-1322 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-29) Spanish Mountain Gold Project · gold #### Identity - Hole ID: 25-DH-1322 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: SPA #### Geometry - Grade: 3.68 - Grade Unit: g/t - Intercept: 3.86 m - From: 87.84 m - To: 91.7 m - Hole Depth: 231 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1322:87.84-91.7 - Mining Method: open\_pit #### Location - Easting: 604279 - Northing: 5827995 - Elevation: 1106 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: 2026-01-26T00:00:00.000Z Reasoning: This new intercept shows an exceptional grade for an open pit, indicating a high-grade zone, despite the narrow width. True thickness is unknown. - Positive factor: Exceptional grade for open pit - Positive factor: New data - Negative factor: Narrow intercept - Negative factor: Apparent width only Evidence · table > 3.68 Context: 3.86 ### 25-DH-1322 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-30) Spanish Mountain Gold Project · gold #### Identity - Hole ID: 25-DH-1322 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: SPA #### Geometry - Grade: 4.28 - Grade Unit: g/t - Intercept: 25.47 m - From: 132.4 m - To: 157.87 m - Hole Depth: 231 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1322:132.4-157.87 - Mining Method: open\_pit #### Location - Easting: 604279 - Northing: 5827995 - Elevation: 1106 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: 2026-01-26T00:00:00.000Z Reasoning: This new intercept is highly material, featuring an exceptional grade over a strong width, resulting in a strong GT product, indicating a significant high-grade zone. True thickness is unknown. - Positive factor: Exceptional grade for open pit - Positive factor: Strong continuity - Positive factor: Strong GT product - Positive factor: New data - Negative factor: Apparent width only Evidence · table > 4.28 Context: 25.47 ### 25-DH-1322 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-31) Spanish Mountain Gold Project · gold #### Identity - Hole ID: 25-DH-1322 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: SPA #### Geometry - Grade: 5.35 - Grade Unit: g/t - Intercept: 20.17 m - From: 132.4 m - To: 152.57 m - Hole Depth: 231 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1322:132.4-152.57 - Mining Method: open\_pit #### Location - Easting: 604279 - Northing: 5827995 - Elevation: 1106 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: 2026-01-26T00:00:00.000Z Reasoning: This new intercept is highly material, featuring an exceptional grade over a strong width, resulting in a strong GT product, indicating a significant high-grade zone. True thickness is unknown. - Positive factor: Exceptional grade for open pit - Positive factor: Strong continuity - Positive factor: Strong GT product - Positive factor: New data - Negative factor: Apparent width only Evidence · table > 5.35 Context: 20.17 ### 25-DH-1322 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-32) Spanish Mountain Gold Project · gold #### Identity - Hole ID: 25-DH-1322 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: SPA #### Geometry - Grade: 6.42 - Grade Unit: g/t - Intercept: 14.98 m - From: 137.59 m - To: 152.57 m - Hole Depth: 231 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1322:137.59-152.57 - Mining Method: open\_pit #### Location - Easting: 604279 - Northing: 5827995 - Elevation: 1106 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: 2026-01-26T00:00:00.000Z Reasoning: This new intercept is highly material, featuring an exceptional grade over a moderate width, resulting in a strong GT product, indicating a significant high-grade zone. True thickness is unknown. - Positive factor: Exceptional grade for open pit - Positive factor: Moderate width - Positive factor: Strong GT product - Positive factor: New data - Negative factor: Apparent width only Evidence · table > 6.42 Context: 14.98 ### 25-DH-1322 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-33) Spanish Mountain Gold Project · gold #### Identity - Hole ID: 25-DH-1322 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: SPA #### Geometry - Grade: 1.41 - Grade Unit: g/t - Intercept: 29.07 m - From: 179.93 m - To: 209 m - Hole Depth: 231 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1322:179.93-209.0 - Mining Method: open\_pit #### Location - Easting: 604279 - Northing: 5827995 - Elevation: 1106 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: 2026-01-26T00:00:00.000Z Reasoning: This new intercept shows a moderate grade over a strong width for an open pit, indicating significant mineralization. True thickness is unknown. - Positive factor: Moderate grade for open pit - Positive factor: Strong continuity - Positive factor: New data - Negative factor: Apparent width only Evidence · table > 1.41 Context: 29.07 ### 25-DH-1322 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-34) Spanish Mountain Gold Project · gold #### Identity - Hole ID: 25-DH-1322 - 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: 24.53 m - From: 181.47 m - To: 206 m - Hole Depth: 231 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1322:181.47-206.0 - Mining Method: open\_pit #### Location - Easting: 604279 - Northing: 5827995 - Elevation: 1106 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: 2026-01-26T00:00:00.000Z Reasoning: This new intercept shows a strong grade over a strong width for an open pit, indicating significant mineralization. True thickness is unknown. - Positive factor: Strong grade for open pit - Positive factor: Strong continuity - Positive factor: New data - Negative factor: Apparent width only Evidence · table > 1.63 Context: 24.53 ### 25-DH-1322 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-35) Spanish Mountain Gold Project · gold #### Identity - Hole ID: 25-DH-1322 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: SPA #### Geometry - Grade: 2.65 - Grade Unit: g/t - Intercept: 12.63 m - From: 181.47 m - To: 194.1 m - Hole Depth: 231 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1322:181.47-194.1 - Mining Method: open\_pit #### Location - Easting: 604279 - Northing: 5827995 - Elevation: 1106 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: 2026-01-26T00:00:00.000Z Reasoning: This new intercept shows a strong grade over a moderate width for an open pit, indicating a significant high-grade zone. True thickness is unknown. - Positive factor: Strong grade for open pit - Positive factor: Moderate width - Positive factor: New data - Negative factor: Apparent width only Evidence · table > 2.65 Context: 12.63 ### 25-DH-1322 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-36) Spanish Mountain Gold Project · gold #### Identity - Hole ID: 25-DH-1322 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: SPA #### Geometry - Grade: 3.95 - Grade Unit: g/t - Intercept: 6.61 m - From: 181.47 m - To: 186.5 m - Hole Depth: 231 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1322:181.47-186.5 - Mining Method: open\_pit #### Location - Easting: 604279 - Northing: 5827995 - Elevation: 1106 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: 2026-01-26T00:00:00.000Z Reasoning: This new intercept shows an exceptional grade for an open pit, indicating a high-grade zone, despite the narrow width. True thickness is unknown. - Positive factor: Exceptional grade for open pit - Positive factor: New data - Negative factor: Narrow intercept - Negative factor: Apparent width only Evidence · table > 3.95 Context: 6.61 ### 25-DH-1323 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-37) Spanish Mountain Gold Project · gold #### Identity - Hole ID: 25-DH-1323 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: SPA #### Geometry - Grade: 0.37 - Grade Unit: g/t - Intercept: 110.7 m - From: 71 m - To: 181.7 m - Hole Depth: 338 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1323:71.0-181.7 - Mining Method: open\_pit #### Location - Easting: 604286 - Northing: 5828046 - Elevation: 1097 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: 2026-01-26T00:00:00.000Z Reasoning: This new intercept shows a weak grade over a very wide, continuous interval, suggesting bulk tonnage potential. True thickness is unknown. - Positive factor: Weak grade for open pit - Positive factor: Continuous width - Positive factor: New data - Negative factor: Apparent width only Evidence · table > 0.37 Context: 110.70 ### 25-DH-1323 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-38) Spanish Mountain Gold Project · gold #### Identity - Hole ID: 25-DH-1323 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: SPA #### Geometry - Grade: 0.93 - Grade Unit: g/t - Intercept: 7.7 m - From: 71.8 m - To: 79.5 m - Hole Depth: 338 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1323:71.8-79.5 - Mining Method: open\_pit #### Location - Easting: 604286 - Northing: 5828046 - Elevation: 1097 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: 2026-01-26T00:00:00.000Z Reasoning: This new intercept shows a moderate grade for an open pit, but the narrow width limits its materiality. True thickness is unknown. - Positive factor: Moderate grade for open pit - Positive factor: New data - Negative factor: Narrow intercept - Negative factor: Apparent width only Evidence · table > 0.93 Context: 7.70 ### 25-DH-1323 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-39) Spanish Mountain Gold Project · gold #### Identity - Hole ID: 25-DH-1323 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: SPA #### Geometry - Grade: 0.6 - Grade Unit: g/t - Intercept: 21.3 m - From: 149 m - To: 170.3 m - Hole Depth: 338 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1323:149.0-170.3 - Mining Method: open\_pit #### Location - Easting: 604286 - Northing: 5828046 - Elevation: 1097 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: 2026-01-26T00:00:00.000Z Reasoning: This new intercept shows a weak grade over a strong width for an open pit. True thickness is unknown. - Positive factor: Weak grade for open pit - Positive factor: Strong continuity - Positive factor: New data - Negative factor: Apparent width only Evidence · table > 0.60 Context: 21.30 ### 25-DH-1323 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-40) Spanish Mountain Gold Project · gold #### Identity - Hole ID: 25-DH-1323 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: SPA #### Geometry - Grade: 1.7 - Grade Unit: g/t - Intercept: 3.5 m - From: 166.8 m - To: 170.3 m - Hole Depth: 338 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1323:166.8-170.3 - Mining Method: open\_pit #### Location - Easting: 604286 - Northing: 5828046 - Elevation: 1097 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: 2026-01-26T00:00:00.000Z Reasoning: This new intercept shows a strong grade for an open pit, indicating a high-grade zone, despite the narrow width. True thickness is unknown. - Positive factor: Strong grade for open pit - Positive factor: New data - Negative factor: Narrow intercept - Negative factor: Apparent width only Evidence · table > 1.70 Context: 3.50 ### 25-DH-1323 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-41) Spanish Mountain Gold Project · gold #### Identity - Hole ID: 25-DH-1323 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: SPA #### Geometry - Grade: 0.55 - Grade Unit: g/t - Intercept: 41 m - From: 295 m - To: 336 m - Hole Depth: 338 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1323:295.0-336.0 - Mining Method: open\_pit #### Location - Easting: 604286 - Northing: 5828046 - Elevation: 1097 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: 2026-01-26T00:00:00.000Z Reasoning: This new intercept shows a weak grade over a strong width for an open pit. True thickness is unknown. - Positive factor: Weak grade for open pit - Positive factor: Strong continuity - Positive factor: New data - Negative factor: Apparent width only Evidence · table > 0.55 Context: 41.00 ### 25-DH-1323 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-42) Spanish Mountain Gold Project · gold #### Identity - Hole ID: 25-DH-1323 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: SPA #### Geometry - Grade: 1.44 - Grade Unit: g/t - Intercept: 9.65 m - From: 323.35 m - To: 333 m - Hole Depth: 338 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1323:323.35-333.0 - Mining Method: open\_pit #### Location - Easting: 604286 - Northing: 5828046 - Elevation: 1097 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: 2026-01-26T00:00:00.000Z Reasoning: This new intercept shows a moderate grade over a moderate width for an open pit. True thickness is unknown. - Positive factor: Moderate grade for open pit - Positive factor: Moderate width - Positive factor: New data - Negative factor: Apparent width only Evidence · table > 1.44 Context: 9.65 ### 25-DH-1324 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-43) Spanish Mountain Gold Project · gold #### Identity - Hole ID: 25-DH-1324 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: SPA #### Geometry - Grade: 13.47 - Grade Unit: g/t - Intercept: 1.15 m - From: 16 m - To: 17.15 m - Hole Depth: 276 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1324:16.0-17.15 - Mining Method: open\_pit #### Location - Easting: 604343 - Northing: 5828053 - Elevation: 1080 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: 2026-01-26T00:00:00.000Z Reasoning: This new intercept shows an exceptional grade for an open pit, but the very narrow width limits its overall materiality. True thickness is unknown. - Positive factor: Exceptional grade for open pit - Positive factor: New data - Negative factor: Narrow intercept - Negative factor: Apparent width only Evidence · table > 13.47 Context: 1.15 ### 25-DH-1324 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-44) Spanish Mountain Gold Project · gold #### Identity - Hole ID: 25-DH-1324 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: SPA #### Geometry - Grade: 0.53 - Grade Unit: g/t - Intercept: 7.85 m - From: 50.45 m - To: 58.3 m - Hole Depth: 276 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1324:50.45-58.3 - Mining Method: open\_pit #### Location - Easting: 604343 - Northing: 5828053 - Elevation: 1080 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: 2026-01-26T00:00:00.000Z Reasoning: This new intercept shows a weak grade over a narrow width for an open pit. True thickness is unknown. - Positive factor: Weak grade for open pit - Positive factor: New data - Negative factor: Narrow intercept - Negative factor: Apparent width only Evidence · table > 0.53 Context: 7.85 ### 25-DH-1324 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-45) Spanish Mountain Gold Project · gold #### Identity - Hole ID: 25-DH-1324 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: SPA #### Geometry - Grade: 0.54 - Grade Unit: g/t - Intercept: 57 m - From: 69 m - To: 126 m - Hole Depth: 276 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1324:69.0-126.0 - Mining Method: open\_pit #### Location - Easting: 604343 - Northing: 5828053 - Elevation: 1080 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: 2026-01-26T00:00:00.000Z Reasoning: This new intercept shows a weak grade but over a wide, continuous interval, suggesting bulk tonnage potential. True thickness is unknown. - Positive factor: Weak grade for open pit - Positive factor: Continuous width - Positive factor: New data - Negative factor: Apparent width only Evidence · table > 0.54 Context: 57.00 ### 25-DH-1324 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-46) Spanish Mountain Gold Project · gold #### Identity - Hole ID: 25-DH-1324 - 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: 18.01 m - From: 71.18 m - To: 89.19 m - Hole Depth: 276 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1324:71.18-89.19 - Mining Method: open\_pit #### Location - Easting: 604343 - Northing: 5828053 - Elevation: 1080 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: 2026-01-26T00:00:00.000Z Reasoning: This new intercept shows a moderate grade over a moderate width for an open pit. True thickness is unknown. - Positive factor: Moderate grade for open pit - Positive factor: Moderate width - Positive factor: New data - Negative factor: Apparent width only Evidence · table > 1.10 Context: 18.01 ### 25-DH-1324 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-47) Spanish Mountain Gold Project · gold #### Identity - Hole ID: 25-DH-1324 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: SPA #### Geometry - Grade: 1.16 - Grade Unit: g/t - Intercept: 11.19 m - From: 78 m - To: 89.19 m - Hole Depth: 276 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1324:78.0-89.19 - Mining Method: open\_pit #### Location - Easting: 604343 - Northing: 5828053 - Elevation: 1080 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: 2026-01-26T00:00:00.000Z Reasoning: This new intercept shows a moderate grade over a moderate width for an open pit. True thickness is unknown. - Positive factor: Moderate grade for open pit - Positive factor: Moderate width - Positive factor: New data - Negative factor: Apparent width only Evidence · table > 1.16 Context: 11.19 ### 25-DH-1324 [Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drilling-intersects-133-57-metres-grading-1-35-g-t-gold-wi--5d0f05d8-cb5a-4e0b-975d-d0b0793adb3f#fact-drill-facts-48) Spanish Mountain Gold Project · gold #### Identity - Hole ID: 25-DH-1324 - Project: Spanish Mountain Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia, Canada - Ticker: SPA #### Geometry - Grade: 1.42 - Grade Unit: g/t - Intercept: 3.08 m - From: 122 m - To: 125.08 m - Hole Depth: 276 m #### Classification - Program: exploration - Sample Type: drill - Group ID: 25-DH-1324:122.0-125.08 - Mining Method: open\_pit #### Location - Easting: 604343 - Northing: 5828053 - Elevation: 1080 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: 2026-01-26T00:00:00.000Z Reasoning: This new intercept shows a moderate grade over a narrow width for an open pit. True thickness is unknown. - Positive factor: Moderate grade for open pit - Positive factor: New data - Negative factor: Narrow intercept - Negative factor: Apparent width only Evidence · table > 1.42 Context: 3.08 ## 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.