Spanish Mtn Gold Ltd Stock Price, News & Analysis

Spanish Mountain Gold (SPAUF) has announced the grant of stock options to its officers, directors, employees, and consultants. The company issued 2,860,500 stock options to officers and directors, and an additional 221,500 options to employees and consultants. Each option allows the holder to purchase one Common Share at an exercise price of $0.175, with a ten-year exercise period.

Spanish Mountain Gold (SPAUF) has announced significant drilling results from its Phoenix Target at the Spanish Mountain Gold project in British Columbia. The winter drilling program revealed extensive near-surface gold mineralization spanning approximately 1,450m x 450m x 60-320m, with the target remaining open in all directions. Notable intercepts include hole 25-CCR-062 with 62.00m grading 1.47 g/t Au including 4.00m at 17.28 g/t Au, and hole 25-CCR-053 with 188.20m grading 0.31 g/t Au. The company has engaged Equity Exploration to establish a maiden resource estimate for the Phoenix Target, expected in Q2 2025, though it won't be included in the upcoming Preliminary Economic Assessment's economic analysis. The drilling program consisted of 31 holes total, with 14 specifically targeting the Phoenix area, demonstrating consistent mineralization zones with grades of 0.40 g/t Au and higher-grade intervals ranging from 1.0 to over 20.0 g/t Au.

Spanish Mountain Gold (SPAUF) has reported exceptional high-grade gold intercepts from its 2025 winter exploration diamond drill program at the Spanish Mountain Gold project in British Columbia's Cariboo Gold Corridor. The ongoing 10,000m program, which is 73% complete, has yielded the highest grades in the project's exploration history.

Key highlights from the K-Zone include:

• Hole 25-DH-1286: 139.00m grading 4.18 g/t Au, including exceptional grades of 719.26 g/t Au over 0.75m
• Hole 25-DH-1284: 55.70m grading 0.41 g/t Au, including 9.70m at 1.83 g/t Au
• Hole 25-DH-1285: 39.00m grading 0.99 g/t Au, including 1.00m at 34.59 g/t Au

Visible gold was observed in multiple drill holes, confirming the high-grade nature of the K Zone Target. The results validate the company's new geological model and demonstrate potential for more high-grade mineralization within 200m of surface.

Spanish Mountain Gold (SPAUF) has announced significant results from its 2025 winter exploration diamond drill program at the Spanish Mountain Gold project in British Columbia's Cariboo Gold Corridor. The program revealed multiple near-surface and high-grade gold intercepts across several zones:

In the Main Zone, hole 25-DH-1281 intersected 123.00 metres grading 1.08 g/t gold, including sections with up to 24.56 g/t gold. The Outcropping Tuff target showed promising results with hole 25-DH-1275 intersecting 62.20m grading 0.60 g/t gold, including high-grade sections up to 10.49 g/t gold.

The Phoenix target demonstrated extensive mineralization, with hole 25-CCR-050 yielding 246.50m grading 0.38 g/t gold. The Slipper Zone exploration extended gold mineralization 320m northwest of the 2021 resource pit outline, with notable intersections including 78.00m grading 0.31 g/t gold.

Spanish Mountain Gold (TSX-V: SPA, FSE: S3Y, OTCQB: SPAUF) has announced the engagement of German Mining Networks GmbH (GMN) to provide marketing and investor relations services in Europe, pending TSX Venture Exchange approval. The Frankfurt-based firm will focus on increasing Spanish Mountain Gold's investor awareness across Europe.

The initial engagement is set for three months with a total fee of $20,400, paid in monthly installments of $6,800. The company has the option to extend the engagement on a monthly basis at $6,800 per month after the initial period. All expenses will be covered from working capital.

Spanish Mountain Gold (TSX-V: SPA, FSE: S3Y, OTCQB: SPAUF) has announced a change in its trading symbol on the OTCQB Venture Market from 'SPAZF' to 'SPAUF', effective immediately. The OTCQB Venture Market serves as the premier marketplace for early-stage and developing U.S. and international companies, including those in mining and natural resources.

Additionally, the company has granted 450,000 stock options to its officers, including 150,000 options to its Vice President Investor Relations and Corporate Development. These options can be exercised at $0.135 per share over a 10-year term, subject to the company's stock option plan provisions.