financetom
Business
financetom
/
Business
/
Spanish Mountain Gold Reports Additional Drill Results At Orca Fault
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Spanish Mountain Gold Reports Additional Drill Results At Orca Fault
Mar 11, 2026 1:41 AM

09:53 AM EST, 01/26/2026 (MT Newswires) -- Spanish Mountain Gold ( SPAUF ) on Monday reported additional assay results from seven exploration drill holes within the Orca Fault target trend that were completed as part of its 2025 fall diamond drill program for the Spanish Mountain Gold ( SPAUF ) project, which is located in the Cariboo Gold Corridor, British Columbia, Canada.

The company said it has completed approximately 9,864 meters of drilling to date of the 9,000 to 10,000 m of exploration drilling planned under the 2025 fall drill program, now continuing into 2026. Assays and geochemistry are pending receipt from the laboratory and/or reporting from five additional drill holes completed within the Orca Fault target area.

The company stated that 25-DH-1322 intersected three separate intervals within 133.57 m grading 1.35 g/t gold including 32.37 m of 0.87 g/t gold from 75.43 m including 15.31 m of 1.52 g/t gold, 25.47 m of 4.28 g/t gold from 132.40 m including 14.98 m of 6.42 g/t gold, and 29.07 m of 1.41 g/t gold from 187.47 m including 12.63 m of 2.65 g/t gold.

It said that 25-DH-1321 intersected two separate intervals in the drill hole which includes 101.05 m of 0.58 g/t gold from 30.00 m including 36.30 m of 0.81 g/t gold with a high-grade subset of 6.35 m of 2.58 g/t gold, and 23.00 m of 0.67 g/t gold from 265.50 m including 4.50 m of 1.98 g/t gold.

The company further added that 25-DH-1318 intersected two separate intervals in the top 185.00 m of the drill hole. It said that 40.20 m of 0.90 g/t gold from 180.00 m is the second interval that includes 20.72 m of 1.52 g/t gold with a high-grade subset of 5.00 m of 5.65 g/t gold.

The company stated that current exploration drilling assay results continue to intersect significant higher-grade mineralization over 530 m in strike length in the Orca Fault target area and that the continuity can now be traced across multiple parallel, adjacent drill sections over 80 to 150 m.

Price: 0.24, Change: +0.02, 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 >
U.S. Physical Therapy Announces the Acquisition of an Eight-Clinic Physical Therapy Management Services Company
U.S. Physical Therapy Announces the Acquisition of an Eight-Clinic Physical Therapy Management Services Company
Mar 10, 2026
HOUSTON--(BUSINESS WIRE)-- U.S. Physical Therapy, Inc. ( USPH ) , a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, announced the acquisition of a physical therapy management services company, which exclusively manages a physical therapy practice with eight clinic locations, generating approximately $8.0 million in annual revenues and 66,000 in annual visits. USPH acquired...
Scorpio Signs Time Charter Deal for Two Tankers
Scorpio Signs Time Charter Deal for Two Tankers
Mar 10, 2026
07:27 AM EST, 01/05/2026 (MT Newswires) -- Scorpio Tankers ( STNG ) said Monday it has entered into time charter agreements for the 2015-built LR2 product tankers STI Rose and STI Alexis. The vessels have been chartered for five years at a rate of $29,000 per vessel per day, the company said. The time charters are expected to commence in...
Pelthos Therapeutics Acquires Xeglyze® (abametapir) Topical Treatment for Head Lice
Pelthos Therapeutics Acquires Xeglyze® (abametapir) Topical Treatment for Head Lice
Mar 10, 2026
Acquisition adds complementary asset to the Pelthos commercial portfolioXeglyze is a novel, FDA-approved prescription medication indicated for the topical treatment of head lice infestation in patients 6 months of age and older DURHAM, N.C., Jan. 05, 2026 (GLOBE NEWSWIRE) -- Pelthos Therapeutics Inc. ( PTHS ) , a biopharmaceutical company committed to commercializing innovative therapeutic products for unmet patient needs (“Pelthos”),...
Market Chatter: US Tells Oil Companies Investment is Key to Unlock Venezuela Compensation Claims
Market Chatter: US Tells Oil Companies Investment is Key to Unlock Venezuela Compensation Claims
Mar 10, 2026
07:28 AM EST, 01/05/2026 (MT Newswires) -- US officials have told oil executives that companies would need to return to Venezuela quickly and commit significant investment to revive the country's oil sector if they want compensation for assets expropriated two decades ago, Reuters reported Sunday, citing people familiar with the matter. White House and State Department officials said US oil...
Copyright 2023-2026 - www.financetom.com All Rights Reserved