Vancouver, British Columbia--(Newsfile Corp. - December 18, 2024) - Spanish Mountain Gold Ltd. (TSXV: SPA) (FSE: S3Y) (OTC Pink: SPAZF) (the 'Company' or 'Spanish Mountain Gold') is pleased to provide
Vancouver, British Columbia-- - Spanish Mountain Gold Ltd. is pleased to provide the final set of results from the 2024 diamond drill program for the Spanish Mountain Gold project located in the Cariboo Gold Corridor, British Columbia, Canada.To view an enhanced version of this graphic, please visit:Note: Displaying both wet and dry drill core allows geologists to observe variations in textures, rock fabric, and mineralogy more effectively. .
Both drill holes intersected broad mineralization at depth, indicating the potential for a larger gold mineralized system. Drill hole 24-DH-1268 intersected 96.5 m of continuous mineralization and the hole ended in strong mineralization represented by a 29-metre-long high-grade interval of 2.55 g/t Au.
Drill hole 24-DH-1271 encountered a sequence of argillite units with multiple dikes. Grades increased with depth as the hole approached Fault 2, intersecting 50.00 m grading 0.22 g/t Au , including 10.30 m grading 0.53 g/t Au. Drill hole 24-DH-1274 intercepted 47.50 m near-surface grading 0.26 g/t Au , including 8.40 m grading 0.33 g/t Au, 7.60 m grading 0.49 g/t Au, and 6.85 m grading 0.48 g/t Au, extending mineralization within the K Zone by 52 m to the northeast, which has the potential to extend the resource block model between 30 to 45 m. Mineralization is hosted within an argillite lithological unit, displaying cataclastic quartz and crosscut by dikes .
Once received from the drill and processed, all drill core samples were sawn in half, labeled, and bagged. The remaining half of the drill core was securely stored on-site. Numbered security tags were applied to sample shipments to ensure chain of custody compliance. The Company inserts quality control samples at regular intervals, including blanks and reference materials, for all sample shipments to monitor laboratory performance.
The samples were also subjected to a 34-element geochemical analysis using a 4-acid digestion, followed by Inductively Coupled Plasma Atomic Emission Spectroscopy . Results have been reviewed by Spanish Mountain's geologists using ALS's QCPro software to ensure quality assurance before disclosure. ALS is independent of the Company.
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