Spanish Mountain Announces Chairman of the Board
1120-1095 West Pender Street
Vancouver, British Columbia, V6E 2M6
Tel: 604.601.3651
July 1, 2021
Spanish Mountain Announces Chairman of the Board
Spanish Mountain Gold Ltd. (the “ Company”) (TSX-V:SPA) is pleased to announce that W. Terry
MacLean has been appointed Chairman of the Board of Directors effective July 1, 2021, following the
previously announced retirement of Morris Beattie. Mr. MacLean was appointed on a unanimous
decision of the Board.
Mr. MacLean, a graduate UBC engineer (Mining and Mineral Processing), has been an involved and
committed member of the Spanish Mountain Board since June 2019. He is Chairman of the Technical
Review Panel and has been appointed to the Compensation Committee. His stated goal is to build on the
success of the recently announced Pre -feasibility Study as Spanish Mountain moves towards a
production decision.
Mr. MacLean has more than 30 years of experience in all phases of mining from project development
through start-up and full operation in Canada, the United States and Russia, including senior roles with
Lundin Mining, Amax of Canada and Utah International and Amax Gold/Kinross Gold. In his various
capacities, he has established productive r elationships with government officials, bankers,
environmentalists, First Nations groups, board members and, most importantly, his employees.
Terry looks forward to continuing to build on the success of Spanish Mountain Gold.
About Spanish Mountain Gold
Spanish Mountain Gold Ltd. is focused on advancing its 100%-owned Spanish Mountain gold project in
southern central British Columbia. The Company is simultaneously pursuing the dual objectives of
delivering critical project milestones for the multi-million ounce Mineral Reserve and further expanding
the overall Mineral Resource. The Pre-Feasibility Study (2021) demonstrates the Project’s potential to be
a mining operation with a robust production profile (>150,000 oz per year) and profitability ( AISC $801
per oz ) over a mine life of 14 years. Details on the Project and the Company are available on
www.sedar.com and on the Company’s website: www.spanishmountaingold.com
On Behalf of the Board,
SPANISH MOUNTAIN GOLD LTD.
W. Terry MacLean,
Chairman
Inquiries:
SPANISH MOUNTAIN GOLD LTD.
Phone: (604) 601-3651
E-mail: [email protected]
Website: www.spanishmountaingold.com
FORWARD LOOKING STATEMENTS: Certain of the statements and information in this press release constitute
"forward -looking statements" or "forward- looking information" Any statements or information that express or
involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions
or f uture events or performance (often, but not always, using words or phrases such as "expects", "anticipates",
"believes", "plans", "estimates", "intends", "targets", "goals", "forecasts", "objectives", "potential" or variations
thereof or stating that certa in actions, events or results "may", "could", "would", "might" or "will" be taken,
occur or be achieved, or the negative of any of these terms and similar expressions) are not statements of
historical fact and may be forward- looking statements or informati on.
The Company's forward- looking statements and information are based on the assumptions, beliefs, expectations
and opinions of management as of the date of this press release, and other than as required by applicable
securities laws, the Company does no t assume any obligation to update forward- looking statements and
information if circumstances or management's assumptions, beliefs, expectations or opinions should change, or
changes in any other events affecting such statements or information. For the reasons set forth above, investors
should not place undue reliance on forward- looking statements and information.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release