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Spanish Mountain Gold Ltd V.SPA

Alternate Symbol(s):  SPAZF

Spanish Mountain Gold Ltd. is a Canada-based exploration-stage resource company. The Company is focused on advancing its 100%-owned Spanish Mountain Gold Project in southern central British Columbia. The Spanish Mountain gold project is located about six kilometers from the village of Likely, in the Cariboo region of central British Columbia, approximately 70 kilometers north-east of the city of Williams Lake. The Company does not generate any revenue. The Company's wholly owned subsidiary is Wildrose Resources Ltd. (Wildrose).


TSXV:SPA - Post by User

Bullboard Posts
Comment by DaMantison Dec 05, 2018 1:17pm
69 Views
Post# 29069724

RE:RE:RE:RE:RE:RE:RE:SPA hit some actual High Grade

RE:RE:RE:RE:RE:RE:RE:SPA hit some actual High GradeIt's probably considered a Class 4 report, but it is likely based on better than typical PEA/Class 4 estimations (such as solely M+I, no Inf), plus the more advanced metalurgical testing.  So I'm assuming that even though technically it's a Class 4, it'a probably a more refined estimation. 

This might be why there has been talk of skipping the PFS & going straight to FS, the confidence in the numbers is higher than we typically see in a PEA study.  Just some thoughts & thinking out loud.

>DM
Bullboard Posts