Welcome to our dedicated page for Spanish Mtn Gold news (Ticker: SPAUF), a resource for investors and traders seeking the latest updates and insights on Spanish Mtn Gold stock.
Spanish Mountain Gold Ltd. (OTCQB: SPAUF; TSX-V: SPA; FSE: S3Y) issues frequent news updates about the advancement of its 100%-owned Spanish Mountain Gold Project in the Cariboo Gold Corridor in British Columbia. Company releases focus on exploration drilling, project studies, and corporate developments that relate directly to the project’s technical and strategic progress.
A major theme in recent news is the 2025 Fall Diamond Drill Program, which targets the Main deposit, the newly defined Orca Fault area, and additional zones such as the Phoenix deposit, K-zone, OT target, and A12 target. Updates detail assay results from individual drill holes, including reported intervals of gold mineralization and interpretations of structural controls like the Orca Fault and associated quartz-dominated veins.
Spanish Mountain Gold also reports on project optimization work, including ore sorting studies with ABH Engineering Inc. and OrePortal Technologies Ltd., which are intended to evaluate whether particle and bulk ore sorting can increase mill feed grades and influence project economics as outlined in the PEA. Other news covers corporate initiatives such as auditor changes, research coverage arrangements, and service providers engaged to enhance investor communications.
This news page aggregates these company-issued announcements so readers can follow drilling progress, technical interpretations, project studies, and corporate actions related to SPAUF. Investors and observers can use the updates to track how new drill results, structural models, and engineering studies may affect the Spanish Mountain Gold Project over time.
Spanish Mountain Gold (OTCQB: SPAUF) reported additional assay results from the 2025 Fall Drill Program at the Spanish Mountain project in British Columbia. New holes 25-DH-1294 and 25-DH-1296 returned significant near-surface intercepts, including 107.50 m @ 0.68 g/t Au (incl. 41.00 m @ 0.98 g/t) and 68.00 m @ 0.71 g/t Au (incl. 35.16 m @ 1.16 g/t), with higher-grade subsets to 5.27 g/t and 3.61 g/t. Company reports continuity of a higher-grade domain along the newly defined Orca Fault over ~300 m strike. Separate assays on 11 holes remain pending; true thickness is unknown.
Spanish Mountain Gold (OTCQB: SPAUF) reported assay results from the first two holes of its 2025 Fall Drill Program on November 3, 2025, at the Spanish Mountain project, Cariboo Gold Corridor, BC.
Highlights include 25-DH-1292: 112.00 m @ 0.77 g/t Au including 35.80 m @ 1.18 g/t Au (subset 10.20 m @ 1.80 g/t) and 25-DH-1293: 102.00 m @ 0.64 g/t Au including 20.25 m @ 1.28 g/t Au. The company plans 9,000–10,000 m of drilling in the program, reports improved core recovery and confirms structural continuity beyond 25 m. Assays for seven additional holes are pending; true thickness is unknown.
Spanish Mountain Gold (OTCQB: SPAUF) has begun particle and bulk ore sorting studies to test X-ray transmission (XRT), XRF and PGNAA sensor approaches with ABH Engineering and OrePortal Technologies.
The work will use historical drill core from the Main and Phoenix deposits to assess amenability, develop sorting algorithms, and produce preliminary capital and operating estimates. Successful bulk sorting could materially reduce mill size and initial capex and improve ROM feed grades, processed grades and gold production versus the July 3, 2025 PEA. The company targets advancing toward a construction decision by or in 2027.
Spanish Mountain Gold (OTCQB:SPAUF) has announced a significant 9,000-10,000 metre drill program at its Spanish Mountain Gold Project in British Columbia. The program, contracted to Hardrock Diamond Drilling Ltd., will focus on five key priority areas: Main deposit, Phoenix deposit, K-zone, Outcropping Tuff target, and A12 target.
The drilling campaign aims to extend near-surface, higher-grade gold mineralization and collect samples for metallurgical studies. Notable previous results include intersections of 139 metres grading 4.18 g/t gold at K-zone and 62 metres grading 1.47 g/t gold at Phoenix deposit. The program is scheduled to commence in Q3 2025 and complete in Q1 2026, supporting the company's strategy to reach a build decision by 2027.
Spanish Mountain Gold (OTCQB:SPAUF) has announced its engagement with Atrium Research Corporation, a leading company-sponsored research firm. The agreement involves Atrium providing research services and presenting Spanish Mountain Gold's investment case to potential investors through various formats, including video interviews with management.
The 18-month service agreement will cost $3,400 per month and is pending TSX Venture Exchange approval. Both parties maintain an arm's-length relationship, with Atrium and its insiders holding no shares or options in Spanish Mountain Gold.
Spanish Mountain Gold (OTC:SPAUF) has successfully closed a brokered private placement, raising C$7.2 million in gross proceeds. The offering included three components: 20.69 million units at C$0.145 per unit, 7.12 million flow-through share units at C$0.165 per unit, and 15.12 million charity flow-through share units at C$0.20 per unit.
The funds will support exploration and development of the Spanish Mountain Gold Project in British Columbia's Cariboo Gold Corridor. Red Cloud Securities served as the sole agent, receiving C$338,200 in fees and 1.96 million broker warrants. Company insiders participated by purchasing 5.11 million units and 706,100 flow-through units.
Spanish Mountain Gold (OTCQB: SPAUF) held its Annual General Meeting (AGM) on August 21, 2025. The company announced that shareholders approved all matters of business outlined in the management information circular. The Board of Directors was confirmed, consisting of Brent Bergeron, Peter Mah, Lembit Janes, Richard Orazietti, and Garnet Dawson.
Spanish Mountain Gold (OTC:SPAUF) has revised and upsized its brokered private placement offering from C$5,000,000 to C$6,000,000 due to strong investor demand. The offering includes up to 20,689,655 Units at C$0.145 per Unit for C$3,000,000, and an additional C$3,000,000 from a combination of Flow-Through Units at C$0.165 and Charity Flow-Through Units at C$0.20.
Each Unit includes one common share and one warrant exercisable at C$0.22 for 36 months. Red Cloud Securities is acting as lead agent with an option to sell an additional C$1,200,000 in securities. The proceeds will fund exploration at the Spanish Mountain Gold Project in British Columbia's Cariboo Gold Corridor and working capital needs. The offering is expected to close around August 27, 2025.
[ "Strong investor demand led to 20% increase in offering size from C$5M to C$6M", "Additional C$1.2M option granted to agent indicates potential for further upsize", "Proceeds will advance exploration at Spanish Mountain Gold Project", "Multiple offering types (Units, FT Units, Charity FT Units) provide flexible funding options" ]Spanish Mountain Gold (OTC:SPAUF) has announced a brokered private placement to raise up to C$5,000,000 through Red Cloud Securities. The offering consists of up to 20,689,655 Units at C$0.145 per Unit (for C$3,000,000) and up to 12,121,212 flow-through share units at C$0.165 per FT Unit (for C$2,000,000).
Each Unit includes one common share and one warrant exercisable at C$0.22 for 36 months. FT Units comprise one flow-through share and half a warrant. Red Cloud has an option to sell an additional C$1,000,000 in securities. The proceeds will fund exploration at the Spanish Mountain Gold Project in British Columbia's Cariboo Gold Corridor and working capital needs. The offering is expected to close around August 27, 2025.
Spanish Mountain Gold (OTCQB:SPAUF) has completed a shares for debt transaction with Whittle Consulting Ltd. to settle $379,720 in outstanding debt. The settlement includes a cash payment of $14,320 and the issuance of 2,110,919 common shares at $0.1731 per share.
The shares issued are subject to a four-month plus one-day statutory hold period. The transaction required and received TSX Venture Exchange approval.