Spanish Mountain Gold Ltd. is pleased to announce that its technical team has successfully completed the last module of the field work for the current year and is on track to complete and deliver the results of a Preliminary Feasibility Study for the proposed Phase 1 operation of its Spanish Mountain gold project in British Columbia, Canada. Field Work Completed in 2020 As previously reported, the last module of the field [...]
Spanish Mountain Gold Ltd. is pleased to announce that the Board of Directors has authorized management to proceed with a Preliminary Feasibility Study for the proposed Phase 1 operation of its Spanish Mountain gold project in British Columbia, Canada. As indicated below, the PFS will be based on various enhanced parameters in order to evaluate further improvements on multiple project metrics over the results reported in [...]
Spanish Mountain Gold Ltd. is pleased to announce that 16,666,666 warrants with the expiry date of October 23, 2020 have been fully exercised bringing proceeds to the Company totaling $833,333. All former and current insiders of the Company have elected to exercise and hold an additional 10,999,667 common shares. The warrants were issued in connection with a private placement of units dated October 24, 2015. During the [...]
Spanish Mountain Gold Ltd. is pleased to announce further enhancements to its technical team as the Company rapidly advances the Spanish Mountain gold project in British Columbia, Canada. Two highly experienced technical professionals are joining the Company's project team and a Technical Review Panel, comprised of four veterans in mining, has been formed recently to provide technical oversight and expert advice to [...]
Spanish Mountain Gold Ltd. is pleased to announce that its technical team and contractors have successfully completed the first module of this year's field program as planned and have immediately launched the resource drilling program at its Spanish Mountain gold project . As announced in a news release dated August 20, 2020, the objective of the first module was to develop additional data in support of the proposed [...]
Spanish Mountain Gold Ltd. is pleased to announce that its technical team and contractors have been mobilized to the project site near Likely, B.C. to execute the first module of the field program for its Spanish Mountain gold project . The Company expects the summer program to contribute significantly to the realization of the dual objectives of fast tracking the Project's Phase 1 to be "shovel ready" and expanding the [...]
Spanish Mountain Gold Ltd. is pleased to announce plans for a major drill program intended to lead to a potential expansion to the pit-delineated mineral resource. The Company previously announced in a news release dated July 28, 2020 that Phase 1 of its Spanish Mountain gold project is fully funded to be "shovel ready". The recently completed private placement allows the Company to simultaneously pursue the additional [...]
Spanish Mountain Gold Ltd. is pleased to announce that it has closed a non-brokered private placement offering of 11,904,761 common share units for gross proceeds of $5,000,000, entirely subscribed by Mr. Eric Sprott. Each Unit consisted of one common share of the Company and one common share purchase warrant . Each Warrant entitles its holder to purchase one common share at a price of $0.60 per share for a period of two [...]
Spanish Mountain Gold Ltd. is pleased to announce that the Company has arranged a private placement of units at $0.42 per unit for gross proceeds of $5,000,000 . Each Unit will consist of one common share of the Company and one common share purchase warrant . Each Warrant will entitle the holder to purchase one common share at a price of $0.60 per share for a period of two years. The proceeds of the private placement will [...]
Spanish Mountain Gold Ltd. is pleased to provide an update on its Spanish Mountain gold project following management's review of project deliverables given currently available cash. The Company previously announced, in a news release dated July 14, 2020, plans for a field program this summer and the completion of the inaugural Preliminary Feasibility Study with a reserve statement for the Project's proposed Phase 1 [...]
Spanish Mountain Gold Ltd. is pleased to announce that it has closed a non-brokered private placement offering of 16,666,666 common share units for gross proceeds of $5,000,000, entirely subscribed by Mr. Eric Sprott. Each Unit consisted of one common share of the Company and one common share purchase warrant . Each Warrant entitles its holder to purchase one common share at a price of $0.45 per share for a period of two [...]
Spanish Mountain Gold Ltd. is pleased to announce that the Company has arranged a private placement of units at $0.30 per unit for gross proceeds of $5,000,000 , subscribed by Mr. Eric Sprott. Each Unit will consist of one common share of the Company and one common share purchase warrant . Each Warrant will entitle the holder to purchase one common share at a price of $0.45 per share for a period of two years. The [...]
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