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Spanish Mountain Gold ( (TSE:SPA) ) has issued an announcement.
Spanish Mountain Gold Ltd. has announced the advancement to Stage 2 of the System Impact Study with BC Hydro for a new power line to its gold project in British Columbia. This development is crucial for securing 60 MW of renewable hydroelectric power, which will support the project’s electrification and sustainability improvements. The initiative is part of a broader strategy to enhance the project’s economics and reduce its carbon footprint, aligning with the company’s goal to build a ‘green’ gold mine.
More about Spanish Mountain Gold
Spanish Mountain Gold Ltd. is a company focused on advancing its wholly-owned Spanish Mountain Gold Project in the Cariboo Gold Corridor, British Columbia, with the aim of constructing the next gold mine in the region. The company integrates advanced optimization strategies to enhance project economics, improve environmental impact, and foster community and Indigenous relations.
YTD Price Performance: 1.37%
Average Trading Volume: 108,309
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $30.77M
See more data about SPA stock on TipRanks’ Stock Analysis page.
