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Spanish Mountain Gold ( (TSE:SPA) ) has shared an update.
Spanish Mountain Gold Ltd. has announced plans to advance its Spanish Mountain Gold project towards a build decision by 2027, with a new Mineral Resource Estimate and Preliminary Economic Analysis expected in the first half of 2025. The company has completed a 5,590-meter exploration drill program and plans follow-up drilling in early 2025, supported by a recent private placement financing. The re-evaluation of historical geological data has identified new exploration targets that may expand mineral resources and reduce risks, enhancing the project’s potential and positioning the company for future growth.
More about Spanish Mountain Gold
Spanish Mountain Gold Ltd. operates in the mining industry, focusing on gold exploration and development. Its primary project, the Spanish Mountain Gold project, is located in the Cariboo Gold Corridor of British Columbia, Canada.
YTD Price Performance: 1.37%
Average Trading Volume: 106,289
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $30.79M
Find detailed analytics on SPA stock on TipRanks’ Stock Analysis page.
