# 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

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drills-1-16-g-t-gold-over-35-16-metres-and-0-98-g-t-gold-o--9494fc0c-6d93-4477-831f-15dd7ce3162f

Original source: https://money.tmx.com/en/quote/SPA/news/8853645029313833/spanish-mountain-gold-drills-1-16-g-t-gold-over-35-16-metres-and-0-98-g-t-gold-o

Publisher: tmx

Original announcement: 2025-11-17T12:00:00.000Z

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 11:16:59 UTC

Narrative sentiment: 0.70 · Bullish

## Minestarters Atlas 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 factor: High-grade gold intercepts

- Positive factor: Extension of higher-grade mineralization

- Positive factor: Robust QA/QC procedures disclosed

- Positive factor: Accredited laboratory used

- Positive factor: Qualified Person sign-off

- Negative factor: True width of mineralization is unknown

Facts used in scoring: 21

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: The release includes a detailed section on 'Drill Core Processing, Data Verification and Quality Assurance – Quality Control Program \(QAQC\)' mentioning blanks, standards, and a Qualified Person.

Evidence · text

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

**QP/CP Signed**

Polarity: positive

Story-specific tag

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

Why it applies: Julian Manco, P.Geo, Director of Exploration, 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 Lab**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: MSALABS’s analytical facility is stated to be 'accredited to 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 Only**

Polarity: negative

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

Why it applies: The notes for the assay tables explicitly state: '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 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 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-1294

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drills-1-16-g-t-gold-over-35-16-metres-and-0-98-g-t-gold-o--9494fc0c-6d93-4477-831f-15dd7ce3162f#fact-drill-facts-0)

gold

#### 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 factor: New exploration result

- Positive factor: Good QA/QC

- Negative factor: Lower grade

- Negative factor: True width unknown

Evidence · table

> 0.57

Context: 6.46

### 25-DH-1294

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drills-1-16-g-t-gold-over-35-16-metres-and-0-98-g-t-gold-o--9494fc0c-6d93-4477-831f-15dd7ce3162f#fact-drill-facts-1)

gold

#### 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 factor: Significant intercept length

- Positive factor: New exploration result

- Positive factor: Good QA/QC

- Negative factor: Moderate grade for gold

- Negative factor: True width unknown

Evidence · table

> 0.68

Context: 107.50

### 25-DH-1294

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drills-1-16-g-t-gold-over-35-16-metres-and-0-98-g-t-gold-o--9494fc0c-6d93-4477-831f-15dd7ce3162f#fact-drill-facts-2)

gold

#### 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 factor: Significant intercept length

- Positive factor: New exploration result

- Positive factor: Good QA/QC

- Negative factor: Moderate grade for gold

- Negative factor: True width unknown

Evidence · table

> 0.65

Context: 75.00

### 25-DH-1294

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drills-1-16-g-t-gold-over-35-16-metres-and-0-98-g-t-gold-o--9494fc0c-6d93-4477-831f-15dd7ce3162f#fact-drill-facts-3)

gold

#### 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 factor: High-grade gold intercept

- Positive factor: New exploration result

- Positive factor: Good QA/QC

- Negative factor: True width unknown

Evidence · table

> 2.67

Context: 5.06

### 25-DH-1294

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drills-1-16-g-t-gold-over-35-16-metres-and-0-98-g-t-gold-o--9494fc0c-6d93-4477-831f-15dd7ce3162f#fact-drill-facts-4)

gold

#### 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 factor: Significant intercept length

- Positive factor: New exploration result

- Positive factor: Good QA/QC

- Negative factor: Moderate grade for gold

- Negative factor: True width unknown

Evidence · table

> 0.98

Context: 41.00

### 25-DH-1294

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drills-1-16-g-t-gold-over-35-16-metres-and-0-98-g-t-gold-o--9494fc0c-6d93-4477-831f-15dd7ce3162f#fact-drill-facts-5)

gold

#### 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 factor: Good grade gold intercept

- Positive factor: New exploration result

- Positive factor: Good QA/QC

- Negative factor: True width unknown

Evidence · table

> 1.96

Context: 5.55

### 25-DH-1294

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drills-1-16-g-t-gold-over-35-16-metres-and-0-98-g-t-gold-o--9494fc0c-6d93-4477-831f-15dd7ce3162f#fact-drill-facts-6)

gold

#### 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 factor: High-grade gold intercept

- Positive factor: New exploration result

- Positive factor: Good QA/QC

- Negative factor: True width unknown

Evidence · table

> 2.70

Context: 2.89

### 25-DH-1294

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drills-1-16-g-t-gold-over-35-16-metres-and-0-98-g-t-gold-o--9494fc0c-6d93-4477-831f-15dd7ce3162f#fact-drill-facts-7)

gold

#### 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 factor: Good grade gold intercept

- Positive factor: New exploration result

- Positive factor: Good QA/QC

- Negative factor: True width unknown

Evidence · table

> 1.16

Context: 5.86

### 25-DH-1294

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drills-1-16-g-t-gold-over-35-16-metres-and-0-98-g-t-gold-o--9494fc0c-6d93-4477-831f-15dd7ce3162f#fact-drill-facts-8)

gold

#### 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 factor: Significant intercept length

- Positive factor: New exploration result

- Positive factor: Good QA/QC

- Negative factor: Moderate grade for gold

- Negative factor: True width unknown

Evidence · table

> 0.79

Context: 30.50

### 25-DH-1294

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drills-1-16-g-t-gold-over-35-16-metres-and-0-98-g-t-gold-o--9494fc0c-6d93-4477-831f-15dd7ce3162f#fact-drill-facts-9)

gold

#### 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 factor: Good grade gold intercept

- Positive factor: New exploration result

- Positive factor: Good QA/QC

- Negative factor: True width unknown

Evidence · table

> 1.48

Context: 4.00

### 25-DH-1294

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drills-1-16-g-t-gold-over-35-16-metres-and-0-98-g-t-gold-o--9494fc0c-6d93-4477-831f-15dd7ce3162f#fact-drill-facts-10)

gold

#### 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 factor: Exceptional high-grade gold intercept

- Positive factor: New exploration result

- Positive factor: Good QA/QC

- Negative factor: Narrow intercept length

- Negative factor: True width unknown

Evidence · table

> 5.27

Context: 2.00

### 25-DH-1294

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drills-1-16-g-t-gold-over-35-16-metres-and-0-98-g-t-gold-o--9494fc0c-6d93-4477-831f-15dd7ce3162f#fact-drill-facts-11)

gold

#### 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 factor: New exploration result

- Positive factor: Good QA/QC

- Negative factor: Lower grade

- Negative factor: Narrow intercept length

- Negative factor: True width unknown

Evidence · table

> 0.62

Context: 2.77

### 25-DH-1294

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drills-1-16-g-t-gold-over-35-16-metres-and-0-98-g-t-gold-o--9494fc0c-6d93-4477-831f-15dd7ce3162f#fact-drill-facts-12)

gold

#### 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 factor: Good grade gold intercept

- Positive factor: New exploration result

- Positive factor: Good QA/QC

- Negative factor: Narrow intercept length

- Negative factor: True width unknown

Evidence · table

> 1.08

Context: 1.35

### 25-DH-1294

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drills-1-16-g-t-gold-over-35-16-metres-and-0-98-g-t-gold-o--9494fc0c-6d93-4477-831f-15dd7ce3162f#fact-drill-facts-13)

gold

#### 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 factor: Good grade gold intercept

- Positive factor: New exploration result

- Positive factor: Good QA/QC

- Negative factor: True width unknown

Evidence · table

> 1.35

Context: 4.57

### 25-DH-1294

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drills-1-16-g-t-gold-over-35-16-metres-and-0-98-g-t-gold-o--9494fc0c-6d93-4477-831f-15dd7ce3162f#fact-drill-facts-14)

gold

#### 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 factor: Exceptional high-grade gold intercept

- Positive factor: New exploration result

- Positive factor: Good QA/QC

- Negative factor: Very narrow intercept length

- Negative factor: True width unknown

Evidence · table

> 12.88

Context: 0.50

### 25-DH-1296

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drills-1-16-g-t-gold-over-35-16-metres-and-0-98-g-t-gold-o--9494fc0c-6d93-4477-831f-15dd7ce3162f#fact-drill-facts-15)

gold

#### 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 factor: Significant intercept length

- Positive factor: New exploration result

- Positive factor: Good QA/QC

- Negative factor: Moderate grade for gold

- Negative factor: True width unknown

Evidence · table

> 0.71

Context: 68.00

### 25-DH-1296

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drills-1-16-g-t-gold-over-35-16-metres-and-0-98-g-t-gold-o--9494fc0c-6d93-4477-831f-15dd7ce3162f#fact-drill-facts-16)

gold

#### 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 factor: Significant intercept length

- Positive factor: New exploration result

- Positive factor: Good QA/QC

- Negative factor: Moderate grade for gold

- Negative factor: True width unknown

Evidence · table

> 0.94

Context: 48.00

### 25-DH-1296

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drills-1-16-g-t-gold-over-35-16-metres-and-0-98-g-t-gold-o--9494fc0c-6d93-4477-831f-15dd7ce3162f#fact-drill-facts-17)

gold

#### 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 factor: Good grade gold intercept

- Positive factor: Significant intercept length

- Positive factor: New exploration result

- Positive factor: Good QA/QC

- Negative factor: True width unknown

Evidence · table

> 1.16

Context: 35.16

### 25-DH-1296

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drills-1-16-g-t-gold-over-35-16-metres-and-0-98-g-t-gold-o--9494fc0c-6d93-4477-831f-15dd7ce3162f#fact-drill-facts-18)

gold

#### 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 factor: Good grade gold intercept

- Positive factor: New exploration result

- Positive factor: Good QA/QC

- Negative factor: True width unknown

Evidence · table

> 1.41

Context: 3.00

### 25-DH-1296

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drills-1-16-g-t-gold-over-35-16-metres-and-0-98-g-t-gold-o--9494fc0c-6d93-4477-831f-15dd7ce3162f#fact-drill-facts-19)

gold

#### 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 factor: High-grade gold intercept

- Positive factor: New exploration result

- Positive factor: Good QA/QC

- Negative factor: True width unknown

Evidence · table

> 3.61

Context: 8.16

### 25-DH-1296

[Link to this fact](https://atlas-staging.minestarters.com/news/spanish-mountain-gold-drills-1-16-g-t-gold-over-35-16-metres-and-0-98-g-t-gold-o--9494fc0c-6d93-4477-831f-15dd7ce3162f#fact-drill-facts-20)

gold

#### 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 factor: Good grade gold intercept

- Positive factor: New exploration result

- Positive factor: Good QA/QC

- Negative factor: 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.