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Spanish Mountain Gold reports 116m gold intercept at Cariboo project

Created at 2 Jun · 9:52 AM2 sources↑ Market-relevant2 events
IN SHORT

Spanish Mountain Gold reports assay results from 21 diamond drill holes at its Spanish Mountain Gold project in British Columbia, Canada. Drill hole 25-03 returned 116 metres grading 0.60 g/t gold, confirming grade continuity along the Orca Fault Corridor.

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Key Numbers

116 metresgold intercept length
0.60 g/tgold grade

Who's Involved

Spanish Mountain Gold Ltd.
Company reporting drill results from its Spanish Mountain Gold project

↳ Why This Matters

The reported gold intercepts suggest potential for resource expansion and improved grade continuity at the Spanish Mountain Gold project, which could impact the company's future development plans and the overall supply outlook for gold from this region.

Key facts

  • Spanish Mountain Gold reports drill results from its Spanish Mountain Gold project in British Columbia, Canada.
  • Drill hole 25-03 returned 116 metres grading 0.60 g/t gold.
  • The results confirm grade continuity along the Orca Fault Corridor.
  • The project is located in the Cariboo Gold Corridor, British Columbia.

The Spanish Mountain Gold project is situated in the Cariboo Gold Corridor of British Columbia, a region known for its significant gold deposits. Gold is a traditional safe-haven asset and a key commodity in global markets. The company's drilling program aims to confirm and expand existing gold resources, which is crucial for future mine development and production. The results indicate consistent gold grades along a specific geological structure, potentially enhancing the project's economic viability.

Frequently asked questions

Drill hole 25-03 returned an intercept of 116 metres grading 0.60 g/t gold.

The project is located in the Cariboo Gold Corridor, British Columbia, Canada.

The results indicate grade continuity along the Orca Fault Corridor.

What Happens Next

01Further assay results from the remaining drill holes are expected.

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Cadence
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How It Developed

2 Jun · 7:10 PM
Spanish Mountain Gold reports new drill results from its Spanish Mountain Gold project in British Columbia, Canada.
Financial Post via PiQSuite
2 Jun · 9:33 AM
Q2 Metals reports wide lithium intercepts at the Cisco Project in Quebec, including 264.6m at 1.84% Li₂O and 152.9m at 1.59% Li₂O in drill hole 71.
Financial Post via PiQSuite

Sources

T1
Q2 Metals Reports Multiple Wide Intercepts, Including 264.6 Metres at 1.84% Li₂O and 152.9 Metres at 1.59% Li₂O in Drill Hole 71 at the Cisco Lithium Project in Quebec, Canadam.piqsuite.com
T1
Spanish Mountain Gold Drills Multiple 100-Metre-Plus Intercepts Including 116 Metres Grading 0.60 g/t Gold Confirming Grade Continuity Along the Orca Fault Corridorm.piqsuite.com

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