Spanish Mountain Gold Drilling Intersects 116.80 Metres of 1.20 G/T Gold Within Larger Interval of 282.50 Metres Grading 0.70 G/T Gold

Core Insights - Spanish Mountain Gold Ltd. has reported significant assay results from its ongoing exploration drilling at the Orca Fault target trend, indicating the presence of higher-grade gold mineralization [1][2][3] - The company has exceeded its initial drilling estimate of 9,000 to 10,000 meters, completing approximately 15,034 meters as part of its 2025 Fall Diamond Drill Program, which will continue into 2026 [1][2] - The results from five drill holes confirm the continuity of higher-grade gold mineralization over a strike length of 530 meters, with multiple parallel drill sections showing promising results [1][2][3] Exploration Results - Drill hole 26-DH-1334 intersected a broad interval of 298.00 meters grading 0.31 g/t gold, with higher-grade subintervals including 23.00 meters of 0.72 g/t gold and 19.00 meters of 1.19 g/t gold [1][2] - Drill hole 26-DH-1336 reported a wide intercept of 200.20 meters grading 0.53 g/t gold, including a high-grade subset of 9.00 meters at 1.93 g/t gold [1][2] - Drill hole 26-DH-1337 showed one of the thickest higher-grade intercepts, with 116.80 meters grading 1.20 g/t gold and a high-grade subset of 12.20 meters at 2.46 g/t gold [1][2] Geological Insights - The exploration drilling has reinforced the geological and structural interpretation of the Orca Fault target area, indicating potential for further mineralization in adjacent areas [1][2] - The continuity of higher-grade gold mineralization can now be traced across multiple drill sections, enhancing the understanding of the Orca Fault target [1][2][3] Future Plans - The company aims to advance the Spanish Mountain Gold Project towards a construction decision by 2027, focusing on building a sustainable and environmentally friendly gold mine [3][4] - Ongoing trade-off studies and partnerships, such as the Memorandum of Understanding with Metso Canada Inc., are part of the strategy to move closer to feasibility and permitting [4]