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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

Comment by Leaky66on Feb 27, 2021 4:32pm
102 Views
Post# 32679814

RE:WHY SO MUCH EMPHASIS ON - GRAPHITE ?

RE:WHY SO MUCH EMPHASIS ON - GRAPHITE ?" I  stress... SPA might not even want to deal with the graphite.
Who knows..."
My guess is no. They are not interested.  They have capable geologists and a board of directors that know mining and gold. Had there been a financial benefit they would have acted on it. Additionally if a company like Imperial Metals saw benefits to graphite, I'm sure they would act on it.  The company is about to deliver a PFS which we hope gives a reserve statement of many mineable ounces.  If it's favourable they will move ahead with a FS immediately for a gold deposit of 5-7 million oz of measured and indicated depending on cut-off.

They are in one of the most prolific gold rush areas in history only 50km from Barkerville/ Wells which is still pulling out gold.

You obviously are well read in mining because we've seen your many many ... many interesting posts on here and on the CEO board but the permitting train is underway and we are looking forward to permit approvals.
glta
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