GOLD: Spanish Mountain hires firm to update block model

BRITISH COLUMBIA – Vancouver-based Spanish Mountain Gold has hired Moose Mountain Technical Services to update the block model for its Spanish Mountain […]
Examining core at the Spanish Mountain gold project in B.C. (Image: Spanish Mountain Gold)
[caption id="attachment_1003729475" align="alignright" width="260"] Examining core at the Spanish Mountain gold project in B.C. (Image: Spanish Mountain Gold)[/caption] BRITISH COLUMBIA – Vancouver-based Spanish Mountain Gold has hired Moose Mountain Technical Services to update the block model for its Spanish Mountain gold property 70 km northeast of Williams Lake. The update will include high grade drill results from 2018. Moose Mountain will also create a conceptual plan for a 10,000-t/d project focusing on higher feed grades and lower throughput than the 2017 preliminary economic assessment. The PEA outlined a 20,000-t/d operation for 24 years. Two years ago the indicated resource was estimated to be 270.1 million tonnes grading 0.40 g/t gold and 0.67 g/t silver, for 3.5 million oz. of gold and 5.8 million oz. of silver. There was also an inferred resource of 181.4 million tonnes grading 0.31 g/t gold and 0.65 g/t silver for 1.8 million oz. of gold and 3.8 million oz. of silver. Technical reports written as early as 2010 are available at www.SpanishMountainGold.com.

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