January 6, 2026.
Spanish Mountain Gold Ltd. has released additional assay results from five exploration drill holes within the Orca Fault target trend, completed as part of its 2025 Fall Diamond Drill program for the Spanish Mountain Gold (SMG) project in the Cariboo Gold Corridor, British Columbia, Canada.
To date, the company has completed approximately 8,220 m of drilling of the 9,000 to 10,000 m of exploration drilling planned under the 2025 Fall Drill Program. Assays and geochemistry are pending receipt from the laboratory and or reporting from seven additional drill holes completed on the newly defined Orca Fault area.
Drill hole 25-DH-1315 intersected a wide zone of gold mineralization over 171.36 meters with a higher-grade section of 102.36 meters grading 0.92 g/t gold. This drill hole provides thickness correlation to gold mineralization in nearby drill holes 25-DH-1281 and 25-DH-1282, and 25-DH-1292 and 25-DH-1293.
Drill hole 25-DH-1314 intersected gold mineralization over 192.27 meters with three discrete zones and numerous, narrow gold occurrences. The mineralizing system responsible for depositing the gold is still present, and additional exploration drilling is required to better understand this area of the Main deposit. Drill holes 25-DH-1316 and 25-DH-1318 highlight the mineralization in the shallow, near-surface environment, with results providing composites higher than the average grade of the current Mineral Resource Estimate.
Assay highlights include:
- 25-DH-1314 intersected three separate intervals, including 10.11 m of 0.49 g/t gold from 56.23 m with a subinterval of 2.00 m of 1.57 g/t gold; 15.56 m of 0.47 g/t gold from 150.00 m including 11.20 m of 0.52 g/t gold and a high-grade subset of 4.50 m of 0.77 g/t gold; and 13.41 m of 0.43 g/t gold including 5.91 m of 0.75 g/t gold.
- 25-DH-1315 intersected from 20.00 m, 171.36 m of 0.64 g/t gold including 102.36 m of 0.92 g/t gold with a high-grade subset of 17.00 m of 2.12 g/t gold.
- 25-DH-1316 intersected from 14.79 m, 75.71 m of 0.73 g/t gold including 42.63 m of 1.10 g/t gold.
- 25-DH-1317 intersected from 121.65 m, 36.55 m of 0.71 g/t gold including 18.98 m of 1.01 g/t gold.
- 25-DH-1318 intersected from 48.38 m, 61.12 m of 0.50 g/t gold including 28.62 m of 0.78 g/t gold with a high-grade subset of 14.00 m of 1.08 g/t gold.
Exploration drilling results continue to intersect higher-grade mineralization over 530 m in strike length in the Orca Fault target, and the continuity can now be traced across multiple parallel, adjacent drill sections.
Five additional drill holes were completed in the Orca Fault target area: 25-DH-1314, 25-DH-1315, 25-DH-1316, 25-DH-1317, and 25-DH-1318. These drill holes confirm the extent of the Orca Fault target over 530 m strike length and its geological and structural interpretation within the open pit for the MRE.
Julian Manco, M.Sc., P.Geo., Director of Exploration with Spanish Mountain Gold, is the Qualified Person who has reviewed the technical information in this news release and has approved the content for dissemination.
Spanish Mountain Gold Ltd. is focused on advancing its 100%-owned Spanish Mountain Gold Project towards construction of the next gold mine in the Cariboo Gold Corridor, British Columbia.
On Behalf of the Board,
“Peter Mah”
President, Chief Executive Officer and Director
Spanish Mountain Gold Ltd.
Source: Spanish Mountain Gold
