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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. engaged The Company is engaged in the acquisition, exploration and development of mineral properties. 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 oxinoson Feb 24, 2012 9:01am
187 Views
Post# 19578386

RE: RE: Dead Money

RE: RE: Dead Money

Sorry, by trying to highlight it I actually did the opposite. Here it is again:

"Current Drilling Program

In conjunction with the ongoing economic assessment of the Project, the Company has commenced in-fill drilling of the Main Zone with the objective of enabling a further re-classification of the multi-million ounce inferred resource to the measured and indicated categories. This program is expected to last three months and will include total drilling in excess of 25,000 metres. To date, 33 holes have been completed out of the total program of 142.

The Company also plans to further define the Phoenix Zone with an initial drill program totalling approximately 15,000 metres with the objective of publishing an initial resource statement for this deposit in the inferred category within the next six months. "

Bullboard Posts