financetom
Business
financetom
/
Business
/
Spanish Mountain Gold Announces Further Ore-Sorting Test
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Spanish Mountain Gold Announces Further Ore-Sorting Test
Oct 20, 2025 10:13 AM

12:44 PM EDT, 10/20/2025 (MT Newswires) -- Spanish Mountain Gold ( SPAUF ) on Monday said it is carrying out further metallurgical tests on ores from its Spanish Mountain Gold Project in British Columbia.

The company said it launched of a particle ore-sorting program with ABH Engineering and a bulk ore-sorting study with OrePortal Technologies. as part of its development strategy for the Spanish Mountain project. Both are aimed at increasing feed grade, boosting gold production, and improving project economics by reducing operating costs.

Earlier amenability tests at the main deposit had shown positive results with X-ray transmission technology, supporting the current work.

"This initiative is part of a multi-pronged strategy to uplift lower grade portions of the resource and improve gold production during the first ten years of the proposed PEA life of mine. We see this as an important step to complete as we advance the project towards the feasibility study and ultimately a build decision by or in 2027," chief executive Peter Mah stated.

Shares of Spanish Mountain Gold ( SPAUF ) were last seen down $0.01 to $0.14 on the TSX Venture Exchange.

Price: 0.14, Change: -0.01, Percent Change: -6.67

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Gold Reserve asks US court of appeals to stay Citgo parent auction proceedings
Gold Reserve asks US court of appeals to stay Citgo parent auction proceedings
Oct 28, 2025
HOUSTON, Oct 28 (Reuters) - Gold Reserve ( GDRZF ) has asked the U.S. Court of Appeals for the Third Circuit to stay all further proceedings of the auction of Citgo Petroleum's parent until the company's motion to disqualify the judge, a court officer and two advising firms overseeing the auction is resolved, according to a petition filed on Tuesday....
Seagate forecasts second-quarter results above estimates on AI strength
Seagate forecasts second-quarter results above estimates on AI strength
Oct 28, 2025
(Reuters) -Seagate Technology ( STX ) forecast second-quarter revenue and profit above analysts' estimates on Tuesday, betting on robust demand for its storage devices as cloud providers expand investments in hardware to support generative AI development.  Shares of the company rose over 3% in extended trading.  Cloud providers are pouring hundreds of billions of dollars into hardware that aids in...
TPG RE Finance Trust Q3 net income $18.4 mln
TPG RE Finance Trust Q3 net income $18.4 mln
Oct 28, 2025
Overview * TPG RE Finance ( TRTX ) Q3 GAAP net income was $18.4 mln, with EPS of $0.23 * Company repurchased $9.3 mln of stock, boosting book value by $0.04 per share * Approved new $25 mln share repurchase program, maintaining 100% performing loan portfolio Outlook * Company expects $670 mln in loans closing to drive future earnings *...
Ryerson and Olympic Steel Announce Merger Agreement
Ryerson and Olympic Steel Announce Merger Agreement
Oct 28, 2025
CHICAGO and CLEVELAND, Oct. 28, 2025 /PRNewswire/ -- Ryerson Holding Corporation ( RYI ) , a leading value-added processor and distributor of industrial metals, and Olympic Steel, Inc. ( ZEUS ) , a leading U.S. metals service center, announced today that they have entered into a definitive agreement to merge. The merger will enhance the combined company's presence as the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved