Spanish Mountain Gold Drills 1.16 g/t Gold Over 35.16 Metres and 0.98 g/t Gold Over 41.00 Metres Extending the Near Surface Higher-Grade Domain of the New Orca Fault

Original announcement by tmx on

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 11:16:59 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Spanish Mountain Gold announced new assay results from drill holes 25-DH-1294 and 25-DH-1296 at its Spanish Mountain Gold project in British Columbia. The drilling extended the near-surface higher-grade domain of the new Orca Fault, with intercepts including 1.16 g/t gold over 35.16 metres and 0.98 g/t gold over 41.00 metres. The company noted that these exploration holes are not yet included in the latest Mineral Resource Estimate.

Reasoning: New drill results from the 2025 Fall Drill Program confirm and extend a near-surface higher-grade domain within the newly defined Orca Fault target, with several significant gold intercepts, although true widths are not yet determined. The results are supported by comprehensive QA/QC.

Positive factors

  • High-grade gold intercepts
  • Extension of higher-grade mineralization
  • Robust QA/QC procedures disclosed
  • Accredited laboratory used
  • Qualified Person sign-off

Negative factors

  • True width of mineralization is unknown

Facts used in scoring: 21

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The drill results are described as 'Extending the Near Surface Higher-Grade Domain of the New Orca Fault', indicating an extension of known mineralization.

Evidence · text

“Extending the Near Surface Higher-Grade Domain of the New Orca Fault”

QA/QC Disclosedpositive

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, and a Qualified Person.

Evidence · text

“Drill Core Processing, Data Verification and Quality Assurance – Quality Control Program (QAQC)”

QP/CP Signedpositive · Story-specific tag

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, is named as the Qualified Person overseeing the QAQC program and approving the technical information.

Evidence · text

“The QAQC program was overseen by the Company’s Qualified Person, Julian Manco, P.Geo, Director of Exploration”

Accredited Labpositive · Story-specific tag

No canonical definition is currently available.

Why it applies: MSALABS’s analytical facility is stated to be 'accredited to the International Standards ISO/IEC 17025 and ISO 9001 standard'.

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 Onlynegative

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: '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: 3) True thickness of mineralization is unknown as the project is still at the exploration stage

Cut-off Disclosedpositive · Story-specific tag

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

Why it applies: The reported intersections are calculated using a 0.15 g/t Au cut-off grade, which is explicitly stated in the notes.

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.

Extracted facts

Stored fact records: 21. Some facts used in scoring do not have a stored record.

Drill Results (21)

25-DH-1294goldGrade: 0.57Grade Unit: g/tIntercept: 6.46 mView all details
Link to this fact

Identity

Hole ID
25-DH-1294
Commodity
gold
Ticker
SPA

Geometry

Grade
0.57
Grade Unit
g/t
Intercept
6.46 m
From
21.32 m
To
27.78 m
Hole Depth
351 m

Classification

Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
604345
Northing
5828120
Elevation
1075 m
Azimuth
120 °
Dip
-58 °
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
2025-11-17T00:00:00.000Z

Reasoning: This intercept is a new exploration result with good QA/QC, but the grade is relatively low for gold and true width is unknown.

Positive factors

  • New exploration result
  • Good QA/QC

Negative factors

  • Lower grade
  • True width unknown

Evidence · table

“0.57”

Context: 6.46

25-DH-1294goldGrade: 0.68Grade Unit: g/tIntercept: 107.5 mView all details
Link to this fact

Identity

Hole ID
25-DH-1294
Commodity
gold
Ticker
SPA

Geometry

Grade
0.68
Grade Unit
g/t
Intercept
107.5 m
From
64 m
To
171.5 m
Hole Depth
351 m

Classification

Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
604345
Northing
5828120
Elevation
1075 m
Azimuth
120 °
Dip
-58 °
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
2025-11-17T00:00:00.000Z

Reasoning: This intercept represents a significant width of mineralization, contributing to the extension of the Orca Fault target, but the grade is moderate and true width is unknown.

Positive factors

  • Significant intercept length
  • New exploration result
  • Good QA/QC

Negative factors

  • Moderate grade for gold
  • True width unknown

Evidence · table

“0.68”

Context: 107.50

25-DH-1294goldGrade: 0.65Grade Unit: g/tIntercept: 75 mView all details
Link to this fact

Identity

Hole ID
25-DH-1294
Commodity
gold
Ticker
SPA

Geometry

Grade
0.65
Grade Unit
g/t
Intercept
75 m
From
64 m
To
139 m
Hole Depth
351 m

Classification

Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
604345
Northing
5828120
Elevation
1075 m
Azimuth
120 °
Dip
-58 °
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
2025-11-17T00:00:00.000Z

Reasoning: This sub-interval shows good continuity of mineralization over a substantial width, supporting the overall intercept, but the grade is moderate and true width is unknown.

Positive factors

  • Significant intercept length
  • New exploration result
  • Good QA/QC

Negative factors

  • Moderate grade for gold
  • True width unknown

Evidence · table

“0.65”

Context: 75.00

25-DH-1294goldGrade: 2.67Grade Unit: g/tIntercept: 5.06 mView all details
Link to this fact

Identity

Hole ID
25-DH-1294
Commodity
gold
Ticker
SPA

Geometry

Grade
2.67
Grade Unit
g/t
Intercept
5.06 m
From
76.8 m
To
81.86 m
Hole Depth
351 m

Classification

Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
604345
Northing
5828120
Elevation
1075 m
Azimuth
120 °
Dip
-58 °
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
2025-11-17T00:00:00.000Z

Reasoning: This is a strong high-grade gold intercept within the broader mineralization, indicating a higher-grade zone, though true width is unknown.

Positive factors

  • High-grade gold intercept
  • New exploration result
  • Good QA/QC

Negative factors

  • True width unknown

Evidence · table

“2.67”

Context: 5.06

25-DH-1294goldGrade: 0.98Grade Unit: g/tIntercept: 41 mView all details
Link to this fact

Identity

Hole ID
25-DH-1294
Commodity
gold
Ticker
SPA

Geometry

Grade
0.98
Grade Unit
g/t
Intercept
41 m
From
76 m
To
117 m
Hole Depth
351 m

Classification

Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
604345
Northing
5828120
Elevation
1075 m
Azimuth
120 °
Dip
-58 °
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
2025-11-17T00:00:00.000Z

Reasoning: This intercept is a substantial width of gold mineralization, contributing positively to the overall resource potential, but the grade is moderate and true width is unknown.

Positive factors

  • Significant intercept length
  • New exploration result
  • Good QA/QC

Negative factors

  • Moderate grade for gold
  • True width unknown

Evidence · table

“0.98”

Context: 41.00

25-DH-1294goldGrade: 1.96Grade Unit: g/tIntercept: 5.55 mView all details
Link to this fact

Identity

Hole ID
25-DH-1294
Commodity
gold
Ticker
SPA

Geometry

Grade
1.96
Grade Unit
g/t
Intercept
5.55 m
From
97.5 m
To
103.05 m
Hole Depth
351 m

Classification

Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
604345
Northing
5828120
Elevation
1075 m
Azimuth
120 °
Dip
-58 °
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
2025-11-17T00:00:00.000Z

Reasoning: This intercept shows a good gold grade over a moderate width, contributing to the higher-grade domain, but true width is unknown.

Positive factors

  • Good grade gold intercept
  • New exploration result
  • Good QA/QC

Negative factors

  • True width unknown

Evidence · table

“1.96”

Context: 5.55

25-DH-1294goldGrade: 2.7Grade Unit: g/tIntercept: 2.89 mView all details
Link to this fact

Identity

Hole ID
25-DH-1294
Commodity
gold
Ticker
SPA

Geometry

Grade
2.7
Grade Unit
g/t
Intercept
2.89 m
From
99.66 m
To
102.55 m
Hole Depth
351 m

Classification

Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
604345
Northing
5828120
Elevation
1075 m
Azimuth
120 °
Dip
-58 °
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
2025-11-17T00:00:00.000Z

Reasoning: This is a strong high-grade gold intercept over a narrow width, indicating a concentrated zone of mineralization, though true width is unknown.

Positive factors

  • High-grade gold intercept
  • New exploration result
  • Good QA/QC

Negative factors

  • True width unknown

Evidence · table

“2.70”

Context: 2.89

25-DH-1294goldGrade: 1.16Grade Unit: g/tIntercept: 5.86 mView all details
Link to this fact

Identity

Hole ID
25-DH-1294
Commodity
gold
Ticker
SPA

Geometry

Grade
1.16
Grade Unit
g/t
Intercept
5.86 m
From
111.14 m
To
117 m
Hole Depth
351 m

Classification

Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
604345
Northing
5828120
Elevation
1075 m
Azimuth
120 °
Dip
-58 °
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
2025-11-17T00:00:00.000Z

Reasoning: This intercept shows a good gold grade over a moderate width, contributing to the higher-grade domain, but true width is unknown.

Positive factors

  • Good grade gold intercept
  • New exploration result
  • Good QA/QC

Negative factors

  • True width unknown

Evidence · table

“1.16”

Context: 5.86

25-DH-1294goldGrade: 0.79Grade Unit: g/tIntercept: 30.5 mView all details
Link to this fact

Identity

Hole ID
25-DH-1294
Commodity
gold
Ticker
SPA

Geometry

Grade
0.79
Grade Unit
g/t
Intercept
30.5 m
From
141 m
To
171.5 m
Hole Depth
351 m

Classification

Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
604345
Northing
5828120
Elevation
1075 m
Azimuth
120 °
Dip
-58 °
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
2025-11-17T00:00:00.000Z

Reasoning: This sub-interval shows good continuity of mineralization over a substantial width, supporting the overall intercept, but the grade is moderate and true width is unknown.

Positive factors

  • Significant intercept length
  • New exploration result
  • Good QA/QC

Negative factors

  • Moderate grade for gold
  • True width unknown

Evidence · table

“0.79”

Context: 30.50

25-DH-1294goldGrade: 1.48Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
25-DH-1294
Commodity
gold
Ticker
SPA

Geometry

Grade
1.48
Grade Unit
g/t
Intercept
4 m
From
145.5 m
To
149.5 m
Hole Depth
351 m

Classification

Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
604345
Northing
5828120
Elevation
1075 m
Azimuth
120 °
Dip
-58 °
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
2025-11-17T00:00:00.000Z

Reasoning: This intercept shows a good gold grade over a narrow width, contributing to the higher-grade domain, but true width is unknown.

Positive factors

  • Good grade gold intercept
  • New exploration result
  • Good QA/QC

Negative factors

  • True width unknown

Evidence · table

“1.48”

Context: 4.00

25-DH-1294goldGrade: 5.27Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
25-DH-1294
Commodity
gold
Ticker
SPA

Geometry

Grade
5.27
Grade Unit
g/t
Intercept
2 m
From
169 m
To
171 m
Hole Depth
351 m

Classification

Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
604345
Northing
5828120
Elevation
1075 m
Azimuth
120 °
Dip
-58 °
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
2025-11-17T00:00:00.000Z

Reasoning: This is an exceptional high-grade gold intercept, indicating a very rich zone within the mineralization, despite its narrow width and unknown true width.

Positive factors

  • Exceptional high-grade gold intercept
  • New exploration result
  • Good QA/QC

Negative factors

  • Narrow intercept length
  • True width unknown

Evidence · table

“5.27”

Context: 2.00

25-DH-1294goldGrade: 0.62Grade Unit: g/tIntercept: 2.77 mView all details
Link to this fact

Identity

Hole ID
25-DH-1294
Commodity
gold
Ticker
SPA

Geometry

Grade
0.62
Grade Unit
g/t
Intercept
2.77 m
From
179.23 m
To
182 m
Hole Depth
351 m

Classification

Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
604345
Northing
5828120
Elevation
1075 m
Azimuth
120 °
Dip
-58 °
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
2025-11-17T00:00:00.000Z

Reasoning: This intercept is a new exploration result with good QA/QC, but the grade is relatively low for gold over a narrow width, and true width is unknown.

Positive factors

  • New exploration result
  • Good QA/QC

Negative factors

  • Lower grade
  • Narrow intercept length
  • True width unknown

Evidence · table

“0.62”

Context: 2.77

25-DH-1294goldGrade: 1.08Grade Unit: g/tIntercept: 1.35 mView all details
Link to this fact

Identity

Hole ID
25-DH-1294
Commodity
gold
Ticker
SPA

Geometry

Grade
1.08
Grade Unit
g/t
Intercept
1.35 m
From
195 m
To
196.35 m
Hole Depth
351 m

Classification

Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
604345
Northing
5828120
Elevation
1075 m
Azimuth
120 °
Dip
-58 °
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
2025-11-17T00:00:00.000Z

Reasoning: This intercept shows a good gold grade over a very narrow width, contributing to the overall mineralization, but true width is unknown.

Positive factors

  • Good grade gold intercept
  • New exploration result
  • Good QA/QC

Negative factors

  • Narrow intercept length
  • True width unknown

Evidence · table

“1.08”

Context: 1.35

25-DH-1294goldGrade: 1.35Grade Unit: g/tIntercept: 4.57 mView all details
Link to this fact

Identity

Hole ID
25-DH-1294
Commodity
gold
Ticker
SPA

Geometry

Grade
1.35
Grade Unit
g/t
Intercept
4.57 m
From
239 m
To
243.57 m
Hole Depth
351 m

Classification

Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
604345
Northing
5828120
Elevation
1075 m
Azimuth
120 °
Dip
-58 °
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
2025-11-17T00:00:00.000Z

Reasoning: This intercept shows a good gold grade over a moderate width, contributing to the overall mineralization, but true width is unknown.

Positive factors

  • Good grade gold intercept
  • New exploration result
  • Good QA/QC

Negative factors

  • True width unknown

Evidence · table

“1.35”

Context: 4.57

25-DH-1294goldGrade: 12.88Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
25-DH-1294
Commodity
gold
Ticker
SPA

Geometry

Grade
12.88
Grade Unit
g/t
Intercept
0.5 m
From
272.87 m
To
273.37 m
Hole Depth
351 m

Classification

Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
604345
Northing
5828120
Elevation
1075 m
Azimuth
120 °
Dip
-58 °
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
2025-11-17T00:00:00.000Z

Reasoning: This is an exceptional high-grade gold intercept, indicating a very rich, albeit narrow, zone of mineralization, though true width is unknown.

Positive factors

  • Exceptional high-grade gold intercept
  • New exploration result
  • Good QA/QC

Negative factors

  • Very narrow intercept length
  • True width unknown

Evidence · table

“12.88”

Context: 0.50

25-DH-1296goldGrade: 0.71Grade Unit: g/tIntercept: 68 mView all details
Link to this fact

Identity

Hole ID
25-DH-1296
Commodity
gold
Ticker
SPA

Geometry

Grade
0.71
Grade Unit
g/t
Intercept
68 m
From
36 m
To
104 m
Hole Depth
180 m

Classification

Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
604484
Northing
5828054
Elevation
1061 m
Azimuth
120 °
Dip
-50 °
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
2025-11-17T00:00:00.000Z

Reasoning: This intercept represents a significant width of mineralization, contributing to the extension of the Orca Fault target, but the grade is moderate and true width is unknown.

Positive factors

  • Significant intercept length
  • New exploration result
  • Good QA/QC

Negative factors

  • Moderate grade for gold
  • True width unknown

Evidence · table

“0.71”

Context: 68.00

25-DH-1296goldGrade: 0.94Grade Unit: g/tIntercept: 48 mView all details
Link to this fact

Identity

Hole ID
25-DH-1296
Commodity
gold
Ticker
SPA

Geometry

Grade
0.94
Grade Unit
g/t
Intercept
48 m
From
56 m
To
104 m
Hole Depth
180 m

Classification

Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
604484
Northing
5828054
Elevation
1061 m
Azimuth
120 °
Dip
-50 °
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
2025-11-17T00:00:00.000Z

Reasoning: This sub-interval shows good continuity of mineralization over a substantial width, supporting the overall intercept, but the grade is moderate and true width is unknown.

Positive factors

  • Significant intercept length
  • New exploration result
  • Good QA/QC

Negative factors

  • Moderate grade for gold
  • True width unknown

Evidence · table

“0.94”

Context: 48.00

25-DH-1296goldGrade: 1.16Grade Unit: g/tIntercept: 35.16 mView all details
Link to this fact

Identity

Hole ID
25-DH-1296
Commodity
gold
Ticker
SPA

Geometry

Grade
1.16
Grade Unit
g/t
Intercept
35.16 m
From
65 m
To
100.16 m
Hole Depth
180 m

Classification

Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
604484
Northing
5828054
Elevation
1061 m
Azimuth
120 °
Dip
-50 °
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
2025-11-17T00:00:00.000Z

Reasoning: This intercept shows a good gold grade over a significant width, contributing to the higher-grade domain, but true width is unknown.

Positive factors

  • Good grade gold intercept
  • Significant intercept length
  • New exploration result
  • Good QA/QC

Negative factors

  • True width unknown

Evidence · table

“1.16”

Context: 35.16

25-DH-1296goldGrade: 1.41Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
25-DH-1296
Commodity
gold
Ticker
SPA

Geometry

Grade
1.41
Grade Unit
g/t
Intercept
3 m
From
74 m
To
77 m
Hole Depth
180 m

Classification

Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
604484
Northing
5828054
Elevation
1061 m
Azimuth
120 °
Dip
-50 °
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
2025-11-17T00:00:00.000Z

Reasoning: This intercept shows a good gold grade over a narrow width, contributing to the higher-grade domain, but true width is unknown.

Positive factors

  • Good grade gold intercept
  • New exploration result
  • Good QA/QC

Negative factors

  • True width unknown

Evidence · table

“1.41”

Context: 3.00

25-DH-1296goldGrade: 3.61Grade Unit: g/tIntercept: 8.16 mView all details
Link to this fact

Identity

Hole ID
25-DH-1296
Commodity
gold
Ticker
SPA

Geometry

Grade
3.61
Grade Unit
g/t
Intercept
8.16 m
From
92 m
To
100.16 m
Hole Depth
180 m

Classification

Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
604484
Northing
5828054
Elevation
1061 m
Azimuth
120 °
Dip
-50 °
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
2025-11-17T00:00:00.000Z

Reasoning: This is a strong high-grade gold intercept over a moderate width, indicating a significant higher-grade zone, though true width is unknown.

Positive factors

  • High-grade gold intercept
  • New exploration result
  • Good QA/QC

Negative factors

  • True width unknown

Evidence · table

“3.61”

Context: 8.16

25-DH-1296goldGrade: 0.98Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
25-DH-1296
Commodity
gold
Ticker
SPA

Geometry

Grade
0.98
Grade Unit
g/t
Intercept
4 m
From
147 m
To
151 m
Hole Depth
180 m

Classification

Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
604484
Northing
5828054
Elevation
1061 m
Azimuth
120 °
Dip
-50 °
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
2025-11-17T00:00:00.000Z

Reasoning: This intercept shows a good gold grade over a narrow width, contributing to the overall mineralization, but true width is unknown.

Positive factors

  • Good grade gold intercept
  • New exploration result
  • Good QA/QC

Negative factors

  • True width unknown

Evidence · table

“0.98”

Context: 4.00

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.