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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

Post by Wangotango67on Mar 04, 2021 2:26pm
158 Views
Post# 32716991

DoumDDoum....

DoumDDoum....
Thanks... Yes, it's a quiet board...lol
Is my DD worth anything.... maybe / maybe not.
All spec - but... it would certainly shave off some expenditures if SPA did utilize Osisko's spruced up concentrator in, Likely, B.C. - just a spit throw away.

My main rub ...?
2019 - tech report - few things....

Page 81 - is represenative of the drill hits showing gold right near surface
Page 120 - gold at deepth begins at 400 m below surface ? Not on page 81.
                  gold is very close to surface...
 
Page 90 - 2004 - 2005 drill data is not avail to the author.
I'm thinking - when a junior acquires the tenures, most often the drill data is sold with it.
Sounds like these exceptional  year class drills with long intercepts - well over 1/g per tonne
are not in the,  2019 PEA.... am i wrong ?
Note -  LT zone is the main noth zone.

Page 109 - Carbon - TOC was reduced from 3.04 % in cleaner tailings to 0.44% in gravity concentrate. -

Cabon separates nicely...but, was it ever checked for it's purity and potential 
graphene potential ? I still think there's mo carbon than stated - the one drill core pic,
i posted shows lots of carbon in the argillite. I'm thinking - are the ores being reduced firstly
which rids the argillite and siltstone - prior to classifying it as mill feed ? In some reports its said the argillites comprise over 50% of ores.much of the gold is in this kind of ore..i think they need to do another retske on the argillites - just how much carbon is in it... 


You just gotta read this minefile report...
it provides good insight that shows a potential not seen in the 2019 tech report,
such as the former drilling performed by prior juniors...
Again, were 2004/2005 drills included in 2019 tech report ?

Mine file Spanish Mountain
https://minfile.gov.bc.ca/Summary.aspx?minfilno=093A++043
  ..
2019 Tech Report
https://www.spanishmountaingold.com/site/assets/files/3364/spanish_mountain_gold_-_technical_report_-_20191202.pdf

I'm thinking - Sprott might have revisited some of those former class drill logs with last
drill capain few months ago...targeting over 1/g tonne with long intercepts. I hope they did.


There's got to be a better way to target the main zone - cutting more waste ores and capturing more gold ore - i tried it out myself, i came up with, an oval elongulated pit, vs the current round with 5 phases - ugh - an elongated round would hone right in on the wedged shaped deposit below frade and allow more tonnage and more gold with less waste ores. A round pit has to encompass far greater outside the core zone while an elongated keeps it tight to the core gold.



Cheers....

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