Spanish Mountain Gold Commences 2024 Exploration Program
TSX-V: SPA | OTC: S3Y | FRA: SPAZF
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Spanish Mountain Gold Commences 2024 Exploration Program
August 9, 2024
Vancouver, B.C. - Spanish Mountain Gold Ltd. (the "Company" or "SMG") (TSX-V: SPA | FSE: S3Y | OTC:
SPAZF) is pleased to announce the commencement of its 2024 exploration diamond drill program (the
“Program”) at its Spanish Mountain Gold Project, which is located in the Cariboo Gold Corridor near Likely,
British Columbia, Canada.
The primary objectives of the Program are to extend near surface mineralization towards the northwest
and increase the size of the proposed pit and ultimately the scale of the project. A total of 5,000 metres
of drilling in nine (9) NQ sized diamond drill holes, ranging from 460 m to 646 m long, are planned along
the northwestern edge of the deposit. Each hole targets the extension of multiple newly identified zones
of mineralization, their controls and their orientation. The Program also aims to confirm n ew high-grade
geological controls and the potential for expanding the mineral resource. The Program is expected to be
completed by the end of September 2024.
Peter Mah, Spanish Mountain Gold’s President, CEO and Director comments , “We are very pleased to
report that Hardrock Diamond Drilling has started drilling . The Company is also pleased to advise that
Hardrock will be utilizing renewable diesel fuel in the operation of its equipment, reducing the carbon
footprint from its activity. The Hardrock team brings a wealth of experience that will be critical to the
realization of our 2024 drill program . We are proud to engage a company that represents core values
important to our Company and surrounding communities.”
Hardrock Diamond Drilling
Since its inception, in 2004, Hardrock Diamond Drilling Ltd. (“HDD”) has prioritized steady growth and has
evolved into a full -scale drilling company. Equipped with all the necessary heavy machinery and
mechanical prowess necessary for diverse coring proje cts, the company has established itself as one
known for quality and reliability. The founding members of the team remain in charge today, ensuring
top-notch expertise on projects.
For HDD, excellence requires maintaining safety, ensuring reliability, optimizing costs, and upholding
environmental responsibility. HDD stated mission is to “Build strong, long-lasting relationships with
clients, to prove efficient & cost-effective drilling services, to offer an experienced and loyal team, to
exceed our client’s expectations and to continue to improve.”
About Spanish Mountain Gold Ltd.
TSX-V: SPA | OTC: S3Y | FRA: SPAZF
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SMG is focused on advancing its 100%-owned Spanish Mountain Gold Project towards construction of the
next gold mine in the Cariboo Gold Corridor, British Columbia. We are conducting an integrated Whittle
Enterprise Optimization to identify the highest pote ntial value-add improvements while increasing the
understanding of the high -grade geologic controls and associated drill targets that could upgrade and
expand the gold resource. We are striving to be a leader in community and indigenous relations by
leveraging technology and innovation to build the 'greenest' gold mine in Canada. The Relentless Pursuit
for Better Gold means seeking new ways to achieve optimal financial outcomes that are safer, minimize
environmental impact and create meaningful sustainability for communities. Details on the Company are
available on www.sedarplus.ca and on the Company's website: www.spanishmountaingold.com.
On Behalf of the Board,
“Peter Mah”
President, Chief Executive Officer and Director
Spanish Mountain Gold Ltd.
For more information, contact:
Investor Relations
(604) 398-4377
Social Media
@SpMtnGold
Spanish Mountain Gold
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.
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 expectations, beliefs, plans, projections, objectives, assumptions or future 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 certain 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 information. The Company's
forward-looking statements and information, including the statements of the number of meters planned
TSX-V: SPA | OTC: S3Y | FRA: SPAZF
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and objectives of drilling under Program, 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 not 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.