Spanish Mountain Gold Drilling Extends the Orca Fault Target Trend to a Strike Length Over 500 Metres Intersecting Numerous High-Grade Results Including 40.00 Metres Grading 0.98 g/t Gold

Original announcement by tmx on

Company
Spanish Mountain Gold
Ticker
SPA
Exchange
TSX
Region
British Columbia, Canada
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results
Extracted
2026-09-19 00:32:16 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Spanish Mountain Gold announced additional assay results from its 2025 Fall Diamond Drill program at the Spanish Mountain Gold Project in British Columbia, Canada. Drilling at the Orca Fault target trend extended the strike length to over 500 metres with numerous high-grade gold intercepts, including 40.00 metres grading 0.98 g/t gold. The company also reported results from the A12 target, where four out of five holes did not yield significant mineralization, effectively closing off that target area.

Reasoning: The document reports significant high-grade gold drill results that extend the Orca Fault target trend, demonstrating strong continuity and potential for the project. The detailed QA/QC disclosure adds confidence to the results. However, the lack of true width disclosure and the negative results from the A12 target are minor drawbacks.

Positive factors

  • Extension of the Orca Fault target trend to over 500 metres strike length, indicating significant potential for mineralization continuity.
  • Numerous high-grade gold intercepts, including 40.00 m grading 0.98 g/t gold, which is a strong result for an open-pit gold project.
  • Detailed QA/QC procedures are disclosed, including certified laboratory, use of blanks, standards, duplicates, and QP sign-off, enhancing data credibility.
  • Drilling confirms geological and structural interpretation, unlocking additional mineral potential in the Main deposit area.

Negative factors

  • True thickness of mineralization is unknown for all reported intercepts, which may overstate the actual width of the mineralized zones.
  • The A12 target drilling yielded no significant results in four out of five holes, closing off that target area.

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 35

Extracted facts

Stored fact records: 35. Some facts used in scoring do not have a stored record.

Drill Results (35)

25-DH-1307Spanish Mountain · goldGrade: 0.5Grade Unit: g/tIntercept: 52 mView all details
Link to this fact

Identity

Hole ID
25-DH-1307
Project
Spanish Mountain
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
SPA

Geometry

Grade
0.5
Grade Unit
g/t
Intercept
52 m
From
30 m
To
82 m
Hole Depth
200 m
Intercept Depth
30 m

Classification

Program
exploration
Sample Type
drill
Group ID
25-DH-1307:30-82
Mining Method
open_pit

Location

Easting
604565
Northing
5827974
Elevation
1068 m
Azimuth
120 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.15
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-22T00:00:00.000Z

Reasoning: The intercept shows good length and a moderate gold grade, contributing to the overall exploration success. However, the lack of true thickness information introduces uncertainty.

Positive factors

  • Good intercept length and moderate grade for an exploration hole.

Negative factors

  • True thickness is unknown, which may overstate the actual width.

Evidence · table

“0.50”

Context: 52.00

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: True thickness of mineralization is unknown as the project is still at the exploration stage.

Evidence · table

“Note 3)”

Context: 52.00

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The rationale for drilling the A12 target early in the 2025 Fall Drill Program was twofold, either make a new discovery "

25-DH-1307Spanish Mountain · goldGrade: 0.93Grade Unit: g/tIntercept: 24 mView all details
Link to this fact

Identity

Hole ID
25-DH-1307
Project
Spanish Mountain
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
SPA

Geometry

Grade
0.93
Grade Unit
g/t
Intercept
24 m
From
58 m
To
82 m
Hole Depth
200 m
Intercept Depth
30 m

Classification

Program
exploration
Sample Type
drill
Group ID
25-DH-1307:58-82
Mining Method
open_pit

Location

Easting
604565
Northing
5827974
Elevation
1068 m
Azimuth
120 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.15
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-22T00:00:00.000Z

Reasoning: This intercept represents a higher-grade portion of the broader zone, indicating good local mineralization. The lack of true thickness is a minor concern.

Positive factors

  • Higher-grade sub-interval within a broader mineralized zone.

Negative factors

  • True thickness is unknown, which may overstate the actual width.

Evidence · table

“0.93”

Context: 24.00

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: True thickness of mineralization is unknown as the project is still at the exploration stage.

Evidence · table

“Note 3)”

Context: 24.00

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The rationale for drilling the A12 target early in the 2025 Fall Drill Program was twofold, either make a new discovery "

25-DH-1307Spanish Mountain · goldGrade: 1.07Grade Unit: g/tIntercept: 20 mView all details
Link to this fact

Identity

Hole ID
25-DH-1307
Project
Spanish Mountain
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
SPA

Geometry

Grade
1.07
Grade Unit
g/t
Intercept
20 m
From
62 m
To
82 m
Hole Depth
200 m
Intercept Depth
30 m

Classification

Program
exploration
Sample Type
drill
Group ID
25-DH-1307:62-82
Mining Method
open_pit

Location

Easting
604565
Northing
5827974
Elevation
1068 m
Azimuth
120 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.15
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-22T00:00:00.000Z

Reasoning: This intercept shows a strong grade over a good width, indicating promising mineralization within the target area. The lack of true thickness is noted.

Positive factors

  • Good grade and width for an exploration target.

Negative factors

  • True thickness is unknown, which may overstate the actual width.

Evidence · table

“1.07”

Context: 20.00

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: True thickness of mineralization is unknown as the project is still at the exploration stage.

Evidence · table

“Note 3)”

Context: 20.00

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The rationale for drilling the A12 target early in the 2025 Fall Drill Program was twofold, either make a new discovery "

25-DH-1307Spanish Mountain · goldGrade: 1.14Grade Unit: g/tIntercept: 15.25 mView all details
Link to this fact

Identity

Hole ID
25-DH-1307
Project
Spanish Mountain
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
SPA

Geometry

Grade
1.14
Grade Unit
g/t
Intercept
15.25 m
From
62 m
To
77.25 m
Hole Depth
200 m
Intercept Depth
30 m

Classification

Program
exploration
Sample Type
drill
Group ID
25-DH-1307:62-77.25
Mining Method
open_pit

Location

Easting
604565
Northing
5827974
Elevation
1068 m
Azimuth
120 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.15
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-22T00:00:00.000Z

Reasoning: This sub-interval reinforces the presence of consistent higher-grade gold within the main intercept. The lack of true thickness is a minor concern.

Positive factors

  • Consistent higher-grade mineralization within the broader interval.

Negative factors

  • True thickness is unknown, which may overstate the actual width.

Evidence · table

“1.14”

Context: 15.25

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: True thickness of mineralization is unknown as the project is still at the exploration stage.

Evidence · table

“Note 3)”

Context: 15.25

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The rationale for drilling the A12 target early in the 2025 Fall Drill Program was twofold, either make a new discovery "

25-DH-1307Spanish Mountain · goldGrade: 2.18Grade Unit: g/tIntercept: 6 mView all details
Link to this fact

Identity

Hole ID
25-DH-1307
Project
Spanish Mountain
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
SPA

Geometry

Grade
2.18
Grade Unit
g/t
Intercept
6 m
From
62 m
To
68 m
Hole Depth
200 m
Intercept Depth
30 m

Classification

Program
exploration
Sample Type
drill
Group ID
25-DH-1307:62-68
Mining Method
open_pit

Location

Easting
604565
Northing
5827974
Elevation
1068 m
Azimuth
120 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.15
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-22T00:00:00.000Z

Reasoning: This is a strong high-grade intercept, suggesting a valuable part of the mineralization. The lack of true thickness is a minor concern.

Positive factors

  • High-grade gold intercept over a moderate width, indicating a significant mineralized zone.

Negative factors

  • True thickness is unknown, which may overstate the actual width.

Evidence · table

“2.18”

Context: 6.00

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: True thickness of mineralization is unknown as the project is still at the exploration stage.

Evidence · table

“Note 3)”

Context: 6.00

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The rationale for drilling the A12 target early in the 2025 Fall Drill Program was twofold, either make a new discovery "

25-DH-1307Spanish Mountain · goldGrade: 1.28Grade Unit: g/tIntercept: 11.25 mView all details
Link to this fact

Identity

Hole ID
25-DH-1307
Project
Spanish Mountain
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
SPA

Geometry

Grade
1.28
Grade Unit
g/t
Intercept
11.25 m
From
66 m
To
77.25 m
Hole Depth
200 m
Intercept Depth
30 m

Classification

Program
exploration
Sample Type
drill
Group ID
25-DH-1307:66-77.25
Mining Method
open_pit

Location

Easting
604565
Northing
5827974
Elevation
1068 m
Azimuth
120 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.15
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-22T00:00:00.000Z

Reasoning: This intercept shows a good gold grade over a moderate width, adding to the positive results from this hole. The lack of true thickness is a minor concern.

Positive factors

  • Good grade over a reasonable width, contributing to the overall prospectivity.

Negative factors

  • True thickness is unknown, which may overstate the actual width.

Evidence · table

“1.28”

Context: 11.25

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: True thickness of mineralization is unknown as the project is still at the exploration stage.

Evidence · table

“Note 3)”

Context: 11.25

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The rationale for drilling the A12 target early in the 2025 Fall Drill Program was twofold, either make a new discovery "

25-DH-1307Spanish Mountain · goldGrade: 0.39Grade Unit: g/tIntercept: 5.45 mView all details
Link to this fact

Identity

Hole ID
25-DH-1307
Project
Spanish Mountain
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
SPA

Geometry

Grade
0.39
Grade Unit
g/t
Intercept
5.45 m
From
97 m
To
102.45 m
Hole Depth
200 m
Intercept Depth
97 m

Classification

Program
exploration
Sample Type
drill
Group ID
25-DH-1307:97-102.45
Mining Method
open_pit

Location

Easting
604565
Northing
5827974
Elevation
1068 m
Azimuth
120 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.15
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-22T00:00:00.000Z

Reasoning: This intercept is of lower grade and narrower width, making it less significant than other results from the same hole. The lack of true thickness is a minor concern.

Negative factors

  • Lower grade and narrower width compared to other intercepts in the hole.
  • True thickness is unknown, which may overstate the actual width.

Evidence · table

“0.39”

Context: 5.45

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: True thickness of mineralization is unknown as the project is still at the exploration stage.

Evidence · table

“Note 3)”

Context: 5.45

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The rationale for drilling the A12 target early in the 2025 Fall Drill Program was twofold, either make a new discovery "

25-DH-1307Spanish Mountain · goldGrade: 0.61Grade Unit: g/tIntercept: 4.2 mView all details
Link to this fact

Identity

Hole ID
25-DH-1307
Project
Spanish Mountain
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
SPA

Geometry

Grade
0.61
Grade Unit
g/t
Intercept
4.2 m
From
127.8 m
To
132 m
Hole Depth
200 m
Intercept Depth
127.8 m

Classification

Program
exploration
Sample Type
drill
Group ID
25-DH-1307:127.8-132
Mining Method
open_pit

Location

Easting
604565
Northing
5827974
Elevation
1068 m
Azimuth
120 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.15
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-22T00:00:00.000Z

Reasoning: This intercept is relatively narrow, which reduces its overall significance despite a moderate grade. The lack of true thickness is a minor concern.

Negative factors

  • Narrower width, making it less significant.
  • True thickness is unknown, which may overstate the actual width.

Evidence · table

“0.61”

Context: 4.20

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: True thickness of mineralization is unknown as the project is still at the exploration stage.

Evidence · table

“Note 3)”

Context: 4.20

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The rationale for drilling the A12 target early in the 2025 Fall Drill Program was twofold, either make a new discovery "

25-DH-1309Spanish Mountain · goldGrade: 0.47Grade Unit: g/tIntercept: 59.93 mView all details
Link to this fact

Identity

Hole ID
25-DH-1309
Project
Spanish Mountain
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
SPA

Geometry

Grade
0.47
Grade Unit
g/t
Intercept
59.93 m
From
28.82 m
To
88.75 m
Hole Depth
237 m
Intercept Depth
28.82 m

Classification

Program
exploration
Sample Type
drill
Group ID
25-DH-1309:28.82-88.75
Mining Method
open_pit

Location

Easting
604592
Northing
5827958
Elevation
1071 m
Azimuth
120 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.15
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-22T00:00:00.000Z

Reasoning: This intercept shows a significant width of gold mineralization, which is positive for bulk tonnage potential, though the grade is moderate. The lack of true thickness is a minor concern.

Positive factors

  • Long intercept length, indicating broad mineralization.

Negative factors

  • Grade is moderate for the length.
  • True thickness is unknown, which may overstate the actual width.

Evidence · table

“0.47”

Context: 59.93

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: True thickness of mineralization is unknown as the project is still at the exploration stage.

Evidence · table

“Note 3)”

Context: 59.93

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The rationale for drilling the A12 target early in the 2025 Fall Drill Program was twofold, either make a new discovery "

25-DH-1309Spanish Mountain · goldGrade: 0.77Grade Unit: g/tIntercept: 3.94 mView all details
Link to this fact

Identity

Hole ID
25-DH-1309
Project
Spanish Mountain
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
SPA

Geometry

Grade
0.77
Grade Unit
g/t
Intercept
3.94 m
From
49.16 m
To
53.1 m
Hole Depth
237 m
Intercept Depth
28.82 m

Classification

Program
exploration
Sample Type
drill
Group ID
25-DH-1309:49.16-53.1
Mining Method
open_pit

Location

Easting
604592
Northing
5827958
Elevation
1071 m
Azimuth
120 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.15
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-22T00:00:00.000Z

Reasoning: This sub-interval shows a moderate grade but is relatively narrow, making its contribution to the overall resource less impactful. The lack of true thickness is a minor concern.

Negative factors

  • Narrow width, limiting overall significance.
  • True thickness is unknown, which may overstate the actual width.

Evidence · table

“0.77”

Context: 3.94

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: True thickness of mineralization is unknown as the project is still at the exploration stage.

Evidence · table

“Note 3)”

Context: 3.94

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The rationale for drilling the A12 target early in the 2025 Fall Drill Program was twofold, either make a new discovery "

25-DH-1309Spanish Mountain · goldGrade: 0.92Grade Unit: g/tIntercept: 6 mView all details
Link to this fact

Identity

Hole ID
25-DH-1309
Project
Spanish Mountain
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
SPA

Geometry

Grade
0.92
Grade Unit
g/t
Intercept
6 m
From
64 m
To
70 m
Hole Depth
237 m
Intercept Depth
28.82 m

Classification

Program
exploration
Sample Type
drill
Group ID
25-DH-1309:64-70
Mining Method
open_pit

Location

Easting
604592
Northing
5827958
Elevation
1071 m
Azimuth
120 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.15
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-22T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a reasonable width, contributing to the overall mineralization. The lack of true thickness is a minor concern.

Positive factors

  • Moderate grade over a reasonable width.

Negative factors

  • True thickness is unknown, which may overstate the actual width.

Evidence · table

“0.92”

Context: 6.00

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: True thickness of mineralization is unknown as the project is still at the exploration stage.

Evidence · table

“Note 3)”

Context: 6.00

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The rationale for drilling the A12 target early in the 2025 Fall Drill Program was twofold, either make a new discovery "

25-DH-1309Spanish Mountain · goldGrade: 0.99Grade Unit: g/tIntercept: 11.51 mView all details
Link to this fact

Identity

Hole ID
25-DH-1309
Project
Spanish Mountain
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
SPA

Geometry

Grade
0.99
Grade Unit
g/t
Intercept
11.51 m
From
77.24 m
To
88.75 m
Hole Depth
237 m
Intercept Depth
28.82 m

Classification

Program
exploration
Sample Type
drill
Group ID
25-DH-1309:77.24-88.75
Mining Method
open_pit

Location

Easting
604592
Northing
5827958
Elevation
1071 m
Azimuth
120 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.15
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-22T00:00:00.000Z

Reasoning: This intercept shows a good gold grade over a moderate width, contributing positively to the overall mineralization. The lack of true thickness is a minor concern.

Positive factors

  • Good grade over a moderate width, indicating consistent mineralization.

Negative factors

  • True thickness is unknown, which may overstate the actual width.

Evidence · table

“0.99”

Context: 11.51

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: True thickness of mineralization is unknown as the project is still at the exploration stage.

Evidence · table

“Note 3)”

Context: 11.51

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The rationale for drilling the A12 target early in the 2025 Fall Drill Program was twofold, either make a new discovery "

25-DH-1309Spanish Mountain · goldGrade: 1.59Grade Unit: g/tIntercept: 5.71 mView all details
Link to this fact

Identity

Hole ID
25-DH-1309
Project
Spanish Mountain
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
SPA

Geometry

Grade
1.59
Grade Unit
g/t
Intercept
5.71 m
From
77.24 m
To
82.95 m
Hole Depth
237 m
Intercept Depth
28.82 m

Classification

Program
exploration
Sample Type
drill
Group ID
25-DH-1309:77.24-82.95
Mining Method
open_pit

Location

Easting
604592
Northing
5827958
Elevation
1071 m
Azimuth
120 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.15
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-22T00:00:00.000Z

Reasoning: This is a strong high-grade intercept, suggesting a valuable part of the mineralization within the broader zone. The lack of true thickness is a minor concern.

Positive factors

  • High-grade gold intercept over a moderate width, indicating a significant mineralized zone.

Negative factors

  • True thickness is unknown, which may overstate the actual width.

Evidence · table

“1.59”

Context: 5.71

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: True thickness of mineralization is unknown as the project is still at the exploration stage.

Evidence · table

“Note 3)”

Context: 5.71

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The rationale for drilling the A12 target early in the 2025 Fall Drill Program was twofold, either make a new discovery "

25-DH-1310Spanish Mountain · goldGrade: 0.41Grade Unit: g/tIntercept: 64.5 mView all details
Link to this fact

Identity

Hole ID
25-DH-1310
Project
Spanish Mountain
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
SPA

Geometry

Grade
0.41
Grade Unit
g/t
Intercept
64.5 m
From
19 m
To
83.5 m
Hole Depth
211 m
Intercept Depth
19 m

Classification

Program
exploration
Sample Type
drill
Group ID
25-DH-1310:19-83.5
Mining Method
open_pit

Location

Easting
604592
Northing
5827961
Elevation
1091 m
Azimuth
120 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.15
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-22T00:00:00.000Z

Reasoning: This intercept shows a very significant width of gold mineralization, which is positive for bulk tonnage potential, though the grade is moderate. The lack of true thickness is a minor concern.

Positive factors

  • Very long intercept length, indicating broad mineralization.

Negative factors

  • Grade is moderate for the length.
  • True thickness is unknown, which may overstate the actual width.

Evidence · table

“0.41”

Context: 64.50

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: True thickness of mineralization is unknown as the project is still at the exploration stage.

Evidence · table

“Note 3)”

Context: 64.50

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The rationale for drilling the A12 target early in the 2025 Fall Drill Program was twofold, either make a new discovery "

25-DH-1310Spanish Mountain · goldGrade: 0.76Grade Unit: g/tIntercept: 26.3 mView all details
Link to this fact

Identity

Hole ID
25-DH-1310
Project
Spanish Mountain
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
SPA

Geometry

Grade
0.76
Grade Unit
g/t
Intercept
26.3 m
From
57.2 m
To
83.5 m
Hole Depth
211 m
Intercept Depth
19 m

Classification

Program
exploration
Sample Type
drill
Group ID
25-DH-1310:57.2-83.5
Mining Method
open_pit

Location

Easting
604592
Northing
5827961
Elevation
1091 m
Azimuth
120 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.15
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-22T00:00:00.000Z

Reasoning: This intercept shows a good gold grade over a significant width, contributing positively to the overall mineralization. The lack of true thickness is a minor concern.

Positive factors

  • Good grade over a significant width, indicating consistent mineralization.

Negative factors

  • True thickness is unknown, which may overstate the actual width.

Evidence · table

“0.76”

Context: 26.30

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: True thickness of mineralization is unknown as the project is still at the exploration stage.

Evidence · table

“Note 3)”

Context: 26.30

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The rationale for drilling the A12 target early in the 2025 Fall Drill Program was twofold, either make a new discovery "

25-DH-1310Spanish Mountain · goldGrade: 0.89Grade Unit: g/tIntercept: 15.8 mView all details
Link to this fact

Identity

Hole ID
25-DH-1310
Project
Spanish Mountain
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
SPA

Geometry

Grade
0.89
Grade Unit
g/t
Intercept
15.8 m
From
57.2 m
To
73 m
Hole Depth
211 m
Intercept Depth
19 m

Classification

Program
exploration
Sample Type
drill
Group ID
25-DH-1310:57.2-73
Mining Method
open_pit

Location

Easting
604592
Northing
5827961
Elevation
1091 m
Azimuth
120 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.15
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-22T00:00:00.000Z

Reasoning: This intercept shows a good gold grade over a moderate width, contributing positively to the overall mineralization. The lack of true thickness is a minor concern.

Positive factors

  • Good grade over a moderate width, indicating consistent mineralization.

Negative factors

  • True thickness is unknown, which may overstate the actual width.

Evidence · table

“0.89”

Context: 15.80

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: True thickness of mineralization is unknown as the project is still at the exploration stage.

Evidence · table

“Note 3)”

Context: 15.80

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The rationale for drilling the A12 target early in the 2025 Fall Drill Program was twofold, either make a new discovery "

25-DH-1310Spanish Mountain · goldGrade: 2.55Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
25-DH-1310
Project
Spanish Mountain
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
SPA

Geometry

Grade
2.55
Grade Unit
g/t
Intercept
3 m
From
70 m
To
73 m
Hole Depth
211 m
Intercept Depth
19 m

Classification

Program
exploration
Sample Type
drill
Group ID
25-DH-1310:70-73
Mining Method
open_pit

Location

Easting
604592
Northing
5827961
Elevation
1091 m
Azimuth
120 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.15
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-22T00:00:00.000Z

Reasoning: This is a strong high-grade intercept, suggesting a valuable part of the mineralization within the broader zone. The lack of true thickness is a minor concern.

Positive factors

  • High-grade gold intercept over a moderate width, indicating a significant mineralized zone.

Negative factors

  • True thickness is unknown, which may overstate the actual width.

Evidence · table

“2.55”

Context: 3.00

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: True thickness of mineralization is unknown as the project is still at the exploration stage.

Evidence · table

“Note 3)”

Context: 3.00

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The rationale for drilling the A12 target early in the 2025 Fall Drill Program was twofold, either make a new discovery "

25-DH-1311Spanish Mountain · goldGrade: 0.48Grade Unit: g/tIntercept: 6.8 mView all details
Link to this fact

Identity

Hole ID
25-DH-1311
Project
Spanish Mountain
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
SPA

Geometry

Grade
0.48
Grade Unit
g/t
Intercept
6.8 m
From
11.2 m
To
18 m
Hole Depth
330 m
Intercept Depth
11.2 m

Classification

Program
exploration
Sample Type
drill
Group ID
25-DH-1311:11.2-18
Mining Method
open_pit

Location

Easting
604590
Northing
5827935
Elevation
1084 m
Azimuth
120 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.15
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-22T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a relatively narrow width, making it less significant than other results. The lack of true thickness is a minor concern.

Negative factors

  • Moderate grade over a relatively narrow width.
  • True thickness is unknown, which may overstate the actual width.

Evidence · table

“0.48”

Context: 6.80

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: True thickness of mineralization is unknown as the project is still at the exploration stage.

Evidence · table

“Note 3)”

Context: 6.80

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The rationale for drilling the A12 target early in the 2025 Fall Drill Program was twofold, either make a new discovery "

25-DH-1311Spanish Mountain · goldGrade: 0.98Grade Unit: g/tIntercept: 40 mView all details
Link to this fact

Identity

Hole ID
25-DH-1311
Project
Spanish Mountain
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
SPA

Geometry

Grade
0.98
Grade Unit
g/t
Intercept
40 m
From
57 m
To
97 m
Hole Depth
330 m
Intercept Depth
57 m

Classification

Program
exploration
Sample Type
drill
Group ID
25-DH-1311:57-97
Mining Method
open_pit

Location

Easting
604590
Northing
5827935
Elevation
1084 m
Azimuth
120 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.15
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-22T00:00:00.000Z

Reasoning: This is a highly significant intercept with both excellent width and strong gold grade, making it a key highlight of the drilling program. The lack of true thickness is a minor concern.

Positive factors

  • Significant intercept length with a strong gold grade, indicating a substantial mineralized zone.
  • This intercept is highlighted in the document title and summary, indicating its importance.

Negative factors

  • True thickness is unknown, which may overstate the actual width.

Evidence · table

“0.98”

Context: 40.00

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: True thickness of mineralization is unknown as the project is still at the exploration stage.

Evidence · table

“Note 3)”

Context: 40.00

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The rationale for drilling the A12 target early in the 2025 Fall Drill Program was twofold, either make a new discovery "

25-DH-1311Spanish Mountain · goldGrade: 1.05Grade Unit: g/tIntercept: 36.5 mView all details
Link to this fact

Identity

Hole ID
25-DH-1311
Project
Spanish Mountain
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
SPA

Geometry

Grade
1.05
Grade Unit
g/t
Intercept
36.5 m
From
58.5 m
To
95 m
Hole Depth
330 m
Intercept Depth
57 m

Classification

Program
exploration
Sample Type
drill
Group ID
25-DH-1311:58.5-95
Mining Method
open_pit

Location

Easting
604590
Northing
5827935
Elevation
1084 m
Azimuth
120 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.15
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-22T00:00:00.000Z

Reasoning: This sub-interval confirms the presence of strong gold mineralization over a substantial width within the main intercept. The lack of true thickness is a minor concern.

Positive factors

  • Very good grade over a significant width, reinforcing the main intercept.

Negative factors

  • True thickness is unknown, which may overstate the actual width.

Evidence · table

“1.05”

Context: 36.50

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: True thickness of mineralization is unknown as the project is still at the exploration stage.

Evidence · table

“Note 3)”

Context: 36.50

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The rationale for drilling the A12 target early in the 2025 Fall Drill Program was twofold, either make a new discovery "

25-DH-1311Spanish Mountain · goldGrade: 1.37Grade Unit: g/tIntercept: 10 mView all details
Link to this fact

Identity

Hole ID
25-DH-1311
Project
Spanish Mountain
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
SPA

Geometry

Grade
1.37
Grade Unit
g/t
Intercept
10 m
From
61 m
To
71 m
Hole Depth
330 m
Intercept Depth
57 m

Classification

Program
exploration
Sample Type
drill
Group ID
25-DH-1311:61-71
Mining Method
open_pit

Location

Easting
604590
Northing
5827935
Elevation
1084 m
Azimuth
120 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.15
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-22T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a good width, contributing significantly to the overall mineralization. The lack of true thickness is a minor concern.

Positive factors

  • Strong gold grade over a good width, indicating a significant mineralized zone.

Negative factors

  • True thickness is unknown, which may overstate the actual width.

Evidence · table

“1.37”

Context: 10.00

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: True thickness of mineralization is unknown as the project is still at the exploration stage.

Evidence · table

“Note 3)”

Context: 10.00

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The rationale for drilling the A12 target early in the 2025 Fall Drill Program was twofold, either make a new discovery "

25-DH-1311Spanish Mountain · goldGrade: 3.72Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
25-DH-1311
Project
Spanish Mountain
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
SPA

Geometry

Grade
3.72
Grade Unit
g/t
Intercept
3 m
From
58.5 m
To
61.5 m
Hole Depth
330 m
Intercept Depth
57 m

Classification

Program
exploration
Sample Type
drill
Group ID
25-DH-1311:58.5-61.5
Mining Method
open_pit

Location

Easting
604590
Northing
5827935
Elevation
1084 m
Azimuth
120 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.15
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-22T00:00:00.000Z

Reasoning: This is a very strong high-grade intercept, suggesting a bonanza-grade zone within the broader mineralization. The lack of true thickness is a minor concern.

Positive factors

  • Very high-grade gold intercept over a moderate width, indicating a bonanza-grade zone.

Negative factors

  • True thickness is unknown, which may overstate the actual width.

Evidence · table

“3.72”

Context: 3.00

Tags used in scoring

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept of 3.72 g/t gold over 3.00 m is well above the typical thresholds for gold mineralization in an open-pit setting.

Evidence · table

“3.72”

Context: 3.00

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: True thickness of mineralization is unknown as the project is still at the exploration stage.

Evidence · table

“Note 3)”

Context: 3.00

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The rationale for drilling the A12 target early in the 2025 Fall Drill Program was twofold, either make a new discovery "

25-DH-1311Spanish Mountain · goldGrade: 1.07Grade Unit: g/tIntercept: 14 mView all details
Link to this fact

Identity

Hole ID
25-DH-1311
Project
Spanish Mountain
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
SPA

Geometry

Grade
1.07
Grade Unit
g/t
Intercept
14 m
From
81 m
To
95 m
Hole Depth
330 m
Intercept Depth
57 m

Classification

Program
exploration
Sample Type
drill
Group ID
25-DH-1311:81-95
Mining Method
open_pit

Location

Easting
604590
Northing
5827935
Elevation
1084 m
Azimuth
120 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.15
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-22T00:00:00.000Z

Reasoning: This intercept shows a good gold grade over a moderate width, contributing positively to the overall mineralization. The lack of true thickness is a minor concern.

Positive factors

  • Good grade over a moderate width, indicating consistent mineralization.

Negative factors

  • True thickness is unknown, which may overstate the actual width.

Evidence · table

“1.07”

Context: 14.00

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: True thickness of mineralization is unknown as the project is still at the exploration stage.

Evidence · table

“Note 3)”

Context: 14.00

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The rationale for drilling the A12 target early in the 2025 Fall Drill Program was twofold, either make a new discovery "

25-DH-1311Spanish Mountain · goldGrade: 2.27Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
25-DH-1311
Project
Spanish Mountain
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
SPA

Geometry

Grade
2.27
Grade Unit
g/t
Intercept
4 m
From
81 m
To
85 m
Hole Depth
330 m
Intercept Depth
57 m

Classification

Program
exploration
Sample Type
drill
Group ID
25-DH-1311:81-85
Mining Method
open_pit

Location

Easting
604590
Northing
5827935
Elevation
1084 m
Azimuth
120 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.15
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-22T00:00:00.000Z

Reasoning: This is a strong high-grade intercept, suggesting a valuable part of the mineralization within the broader zone. The lack of true thickness is a minor concern.

Positive factors

  • High-grade gold intercept over a moderate width, indicating a significant mineralized zone.

Negative factors

  • True thickness is unknown, which may overstate the actual width.

Evidence · table

“2.27”

Context: 4.00

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: True thickness of mineralization is unknown as the project is still at the exploration stage.

Evidence · table

“Note 3)”

Context: 4.00

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The rationale for drilling the A12 target early in the 2025 Fall Drill Program was twofold, either make a new discovery "

25-DH-1312Spanish Mountain · goldGrade: 0.53Grade Unit: g/tIntercept: 64.5 mView all details
Link to this fact

Identity

Hole ID
25-DH-1312
Project
Spanish Mountain
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
SPA

Geometry

Grade
0.53
Grade Unit
g/t
Intercept
64.5 m
From
22 m
To
86.5 m
Hole Depth
205 m
Intercept Depth
22 m

Classification

Program
exploration
Sample Type
drill
Group ID
25-DH-1312:22-86.5
Mining Method
open_pit

Location

Easting
604538
Northing
5827921
Elevation
1095 m
Azimuth
120 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.15
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-22T00:00:00.000Z

Reasoning: This intercept shows a very significant width of gold mineralization, which is positive for bulk tonnage potential, though the grade is moderate. The lack of true thickness is a minor concern.

Positive factors

  • Very long intercept length, indicating broad mineralization.

Negative factors

  • Grade is moderate for the length.
  • True thickness is unknown, which may overstate the actual width.

Evidence · table

“0.53”

Context: 64.50

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: True thickness of mineralization is unknown as the project is still at the exploration stage.

Evidence · table

“Note 3)”

Context: 64.50

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The rationale for drilling the A12 target early in the 2025 Fall Drill Program was twofold, either make a new discovery "

25-DH-1312Spanish Mountain · goldGrade: 1.36Grade Unit: g/tIntercept: 13.2 mView all details
Link to this fact

Identity

Hole ID
25-DH-1312
Project
Spanish Mountain
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
SPA

Geometry

Grade
1.36
Grade Unit
g/t
Intercept
13.2 m
From
69 m
To
82.2 m
Hole Depth
205 m
Intercept Depth
22 m

Classification

Program
exploration
Sample Type
drill
Group ID
25-DH-1312:69-82.2
Mining Method
open_pit

Location

Easting
604538
Northing
5827921
Elevation
1095 m
Azimuth
120 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.15
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-22T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a good width, contributing significantly to the overall mineralization. The lack of true thickness is a minor concern.

Positive factors

  • Strong gold grade over a good width, indicating a significant mineralized zone.

Negative factors

  • True thickness is unknown, which may overstate the actual width.

Evidence · table

“1.36”

Context: 13.20

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: True thickness of mineralization is unknown as the project is still at the exploration stage.

Evidence · table

“Note 3)”

Context: 13.20

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The rationale for drilling the A12 target early in the 2025 Fall Drill Program was twofold, either make a new discovery "

25-DH-1313Spanish Mountain · goldGrade: 0.66Grade Unit: g/tIntercept: 74.35 mView all details
Link to this fact

Identity

Hole ID
25-DH-1313
Project
Spanish Mountain
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
SPA

Geometry

Grade
0.66
Grade Unit
g/t
Intercept
74.35 m
From
42.6 m
To
116.95 m
Hole Depth
204 m
Intercept Depth
42.6 m

Classification

Program
exploration
Sample Type
drill
Group ID
25-DH-1313:42.6-116.95
Mining Method
open_pit

Location

Easting
604566
Northing
5827908
Elevation
1100 m
Azimuth
120 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.15
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-22T00:00:00.000Z

Reasoning: This intercept shows a very significant width of gold mineralization with a good grade, which is positive for bulk tonnage potential. The lack of true thickness is a minor concern.

Positive factors

  • Very long intercept length with a good gold grade, indicating broad and consistent mineralization.

Negative factors

  • True thickness is unknown, which may overstate the actual width.

Evidence · table

“0.66”

Context: 74.35

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: True thickness of mineralization is unknown as the project is still at the exploration stage.

Evidence · table

“Note 3)”

Context: 74.35

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The rationale for drilling the A12 target early in the 2025 Fall Drill Program was twofold, either make a new discovery "

25-DH-1313Spanish Mountain · goldGrade: 0.69Grade Unit: g/tIntercept: 54.61 mView all details
Link to this fact

Identity

Hole ID
25-DH-1313
Project
Spanish Mountain
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
SPA

Geometry

Grade
0.69
Grade Unit
g/t
Intercept
54.61 m
From
42.6 m
To
97.21 m
Hole Depth
204 m
Intercept Depth
42.6 m

Classification

Program
exploration
Sample Type
drill
Group ID
25-DH-1313:42.6-97.21
Mining Method
open_pit

Location

Easting
604566
Northing
5827908
Elevation
1100 m
Azimuth
120 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.15
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-22T00:00:00.000Z

Reasoning: This sub-interval confirms the presence of good gold mineralization over a substantial width within the main intercept. The lack of true thickness is a minor concern.

Positive factors

  • Very long intercept length with a good gold grade, reinforcing the main intercept.

Negative factors

  • True thickness is unknown, which may overstate the actual width.

Evidence · table

“0.69”

Context: 54.61

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: True thickness of mineralization is unknown as the project is still at the exploration stage.

Evidence · table

“Note 3)”

Context: 54.61

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The rationale for drilling the A12 target early in the 2025 Fall Drill Program was twofold, either make a new discovery "

25-DH-1313Spanish Mountain · goldGrade: 1.25Grade Unit: g/tIntercept: 23.72 mView all details
Link to this fact

Identity

Hole ID
25-DH-1313
Project
Spanish Mountain
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
SPA

Geometry

Grade
1.25
Grade Unit
g/t
Intercept
23.72 m
From
67 m
To
90.72 m
Hole Depth
204 m
Intercept Depth
42.6 m

Classification

Program
exploration
Sample Type
drill
Group ID
25-DH-1313:67-90.72
Mining Method
open_pit

Location

Easting
604566
Northing
5827908
Elevation
1100 m
Azimuth
120 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.15
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-22T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a significant width, contributing positively to the overall mineralization. The lack of true thickness is a minor concern.

Positive factors

  • Strong gold grade over a significant width, indicating a valuable mineralized zone.

Negative factors

  • True thickness is unknown, which may overstate the actual width.

Evidence · table

“1.25”

Context: 23.72

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: True thickness of mineralization is unknown as the project is still at the exploration stage.

Evidence · table

“Note 3)”

Context: 23.72

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The rationale for drilling the A12 target early in the 2025 Fall Drill Program was twofold, either make a new discovery "

25-DH-1313Spanish Mountain · goldGrade: 8.61Grade Unit: g/tIntercept: 2.04 mView all details
Link to this fact

Identity

Hole ID
25-DH-1313
Project
Spanish Mountain
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
SPA

Geometry

Grade
8.61
Grade Unit
g/t
Intercept
2.04 m
From
88.68 m
To
90.72 m
Hole Depth
204 m
Intercept Depth
42.6 m

Classification

Program
exploration
Sample Type
drill
Group ID
25-DH-1313:88.68-90.72
Mining Method
open_pit

Location

Easting
604566
Northing
5827908
Elevation
1100 m
Azimuth
120 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.15
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-22T00:00:00.000Z

Reasoning: This is a very strong high-grade intercept, suggesting a bonanza-grade zone within the broader mineralization, despite its narrow width. The lack of true thickness is a minor concern.

Positive factors

  • Very high-grade gold intercept, indicating a bonanza-grade zone.

Negative factors

  • Narrow width, limiting overall significance.
  • True thickness is unknown, which may overstate the actual width.

Evidence · table

“8.61”

Context: 2.04

Tags used in scoring

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept of 8.61 g/t gold over 2.04 m is well above the typical thresholds for gold mineralization in an open-pit setting.

Evidence · table

“8.61”

Context: 2.04

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: True thickness of mineralization is unknown as the project is still at the exploration stage.

Evidence · table

“Note 3)”

Context: 2.04

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The rationale for drilling the A12 target early in the 2025 Fall Drill Program was twofold, either make a new discovery "

25-DH-1313Spanish Mountain · goldGrade: 0.54Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
25-DH-1313
Project
Spanish Mountain
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
SPA

Geometry

Grade
0.54
Grade Unit
g/t
Intercept
3 m
From
201 m
To
204 m
Hole Depth
204 m
Intercept Depth
201 m

Classification

Program
exploration
Sample Type
drill
Group ID
25-DH-1313:201-204
Mining Method
open_pit

Location

Easting
604566
Northing
5827908
Elevation
1100 m
Azimuth
120 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.15
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-22T00:00:00.000Z

Reasoning: This intercept is relatively narrow, which reduces its overall significance despite a moderate grade. The lack of true thickness is a minor concern.

Negative factors

  • Narrow width, limiting overall significance.
  • True thickness is unknown, which may overstate the actual width.

Evidence · table

“0.54”

Context: 3.00

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: True thickness of mineralization is unknown as the project is still at the exploration stage.

Evidence · table

“Note 3)”

Context: 3.00

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The rationale for drilling the A12 target early in the 2025 Fall Drill Program was twofold, either make a new discovery "

25-DH-1304Spanish Mountain · goldGrade: 0.8Grade Unit: g/tIntercept: 26.46 mView all details
Link to this fact

Identity

Hole ID
25-DH-1304
Project
Spanish Mountain
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
SPA

Geometry

Grade
0.8
Grade Unit
g/t
Intercept
26.46 m
From
62.72 m
To
89.18 m
Hole Depth
225 m
Intercept Depth
62.72 m

Classification

Program
exploration
Sample Type
drill
Group ID
25-DH-1304:62.72-89.18
Mining Method
open_pit

Location

Easting
604536
Northing
5827986
Elevation
1067 m
Azimuth
120 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.15
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-22T00:00:00.000Z

Reasoning: This previously reported intercept confirms good gold mineralization and contributes to the extension of the Orca Fault target. Its novelty is lower as it's not new information.

Positive factors

  • Good grade over a significant width, extending the Orca Fault target.

Negative factors

  • This is a previously reported result, reducing its novelty.
  • True thickness is unknown, which may overstate the actual width.

Evidence · text

“Drill hole 25-DH-1304 intersected 26.46 m of 0.80 g/t gold from 62.72 to 89.18 m”

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: True thickness of mineralization is unknown as the project is still at the exploration stage.

Evidence · text

“True thickness of mineralization is unknown as the project is still at the exploration stage”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The rationale for drilling the A12 target early in the 2025 Fall Drill Program was twofold, either make a new discovery "

25-DH-1301Spanish Mountain · goldGrade: 0.4Grade Unit: g/tIntercept: 42.12 mView all details
Link to this fact

Identity

Hole ID
25-DH-1301
Project
Spanish Mountain
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
SPA

Geometry

Grade
0.4
Grade Unit
g/t
Intercept
42.12 m
Hole Depth
188 m

Classification

Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
603708
Northing
5829029
Elevation
929 m
Azimuth
150 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.15
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-22T00:00:00.000Z

Reasoning: This intercept shows a significant width of gold mineralization, though the grade is moderate. It is the only significant result from the A12 target, requiring additional study.

Positive factors

  • Long intercept length, indicating broad mineralization.

Negative factors

  • Grade is moderate for the length.
  • True thickness is unknown, which may overstate the actual width.

Evidence · text

“Drill hole 25-DH-1301 intersected 42.12 m grading 0.40 g/t gold”

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: True thickness of mineralization is unknown as the project is still at the exploration stage.

Evidence · text

“True thickness of mineralization is unknown as the project is still at the exploration stage”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The rationale for drilling the A12 target early in the 2025 Fall Drill Program was twofold, either make a new discovery "

25-DH-1301Spanish Mountain · goldGrade: 0.71Grade Unit: g/tIntercept: 18.12 mView all details
Link to this fact

Identity

Hole ID
25-DH-1301
Project
Spanish Mountain
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
SPA

Geometry

Grade
0.71
Grade Unit
g/t
Intercept
18.12 m
Hole Depth
188 m

Classification

Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Easting
603708
Northing
5829029
Elevation
929 m
Azimuth
150 °
Dip
-55 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
MSALABS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Compositing

Cutoff Grade
0.15
Cutoff Unit
g/t Au

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-22T00:00:00.000Z

Reasoning: This sub-interval shows a good gold grade over a moderate width, contributing to the overall mineralization in the A12 target. The lack of true thickness is a minor concern.

Positive factors

  • Good grade over a moderate width.

Negative factors

  • True thickness is unknown, which may overstate the actual width.

Evidence · text

“with a higher-grade subset of 18.12 m grading 0.71 g/t gold”

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: True thickness of mineralization is unknown as the project is still at the exploration stage.

Evidence · text

“True thickness of mineralization is unknown as the project is still at the exploration stage”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The rationale for drilling the A12 target early in the 2025 Fall Drill Program was twofold, either make a new discovery "

25-DH-1304Spanish Mountain · goldGrade: 1.61Grade Unit: g/tIntercept: 8.03 mView all details
Link to this fact

Identity

Hole ID
25-DH-1304
Project
Spanish Mountain
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
SPA

Geometry

Grade
1.61
Grade Unit
g/t
Intercept
8.03 m
Hole Depth
225 m

Classification

Sample Type
drill

Location

Azimuth
120 °
Dip
-60 °

QA/QC

Laboratory
MSALABS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-22T00:00:00.000Z

Reasoning: This previously reported intercept confirms good gold mineralization and contributes to the extension of the Orca Fault target. Its novelty is lower as it's not new information.

Positive factors

  • Good grade over a significant width, extending the Orca Fault target.

Negative factors

  • This is a previously reported result, reducing its novelty.
  • True thickness is unknown, which may overstate the actual width.

Evidence · text

“including 8.03 m of 1.61 g/t gold”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "The rationale for drilling the A12 target early in the 2025 Fall Drill Program was twofold, either make a new discovery "

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.