Spanish Mountain Gold Receives Study Funding from BC Hydro
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910-1111 Melville Street
Vancouver, British Columbia, V6E 3V6
Tel: 604.601.3651
Spanish Mountain Gold Receives Study Funding from BC Hydro
Vancouver, B.C., March 19, 2024 - Spanish Mountain Gold Ltd. (the " Company" or " Spanish
Mountain Gold") (TSX-V: SPA) is pleased to announce the Company has entered an agreement
with BC Hydro and will receive funding to conduct an assessment of power efficient alternatives
for the proposed Spanish Gold Mountain project (“Project”) located in the Cariboo Gold Corridor
near Likely, British Columbia, Canada. The work will focus on opportunities to optimize gold
production, comminution power and floatation performance for the Project.
Peter Mah, Spanish Mountain Gold's President, CEO and Director comments, “We are thrilled to
partner with BC Hydro in our ‘Relentless Pursuit for Better Gold’ as the Company strives to define
the most attractive financial returns for the project and solutions to achieve the vision of the
lowest carbon intensity gold mine in Canada. Our interests are aligned with all British Columbians
to create shared benefits responsibly for future generations.”
About Spanish Mountain Gold Ltd.
Spanish Mountain Gold is advancing it’s 100% owned Spanish Mountain Gold project towards
construction of the next gold mine in the Cariboo Gold Corridor, British Columbia. Our immediate
focus is to conduct an integrated Whittle Enterprise Optimization to identify the highest potential
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 and will add to this leadership position 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, minimizes environmental impacts and creates 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) 601-3651
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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 predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or
performance (often, but not always, using words or phrases such as "expects", "anticipates", "believes",
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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 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.