Spanish Mountain Gold Ltd. (SPA:TSXV)
Spanish Mountain is the 100% owner of the Spanish Mountain Gold Project, which hosts a 4.2Moz resource (M&I) and recently published a robust PEA outlining a 24.5-year mine life.
With a base case NPV5% of $1.0B and 98% of the mined material in the M&I category, the project is on the fast track to a construction decision.
Management and directors own 18%, aligning interests with investors, while Eric Sprott and Ian Watson own 11% and 6%, respectively.
Investment Summary
Spanish Mountain Gold Ltd. is focused on advancing its 100%-owned Spanish Mountain Gold Project towards construction of the next gold mine in the Cariboo Gold Corridor, British Columbia. In August 2025, the Company filed a Preliminary Economic Assessment (PEA), with an updated Mineral Resource Estimate (MRE). SPA plans to continue to advance the Project to position the Company to make a construction decision in or before 2027.
Company Description
Research
