Spanish Mountain Gold Drills Extensive Mineralization Over 140.67 metres Grading 0.68 g/t Including 1.07 g/t Over 17.00 metres and 0.95 g/t Over 67.31 metres and Extends the Orca Fault Target Trend 130 m to Southeast Drilling 26.46 metres Grading ... .bwalignc { text-align: center; list-style-position: inside } .bwalignl { text-align: left } .bwalignr { text-align: right; list-style-position: inside } .bwblockalignl { margin-left: 0px; margin-right: auto } .bwcellpmargin { margin-bottom: 0px; margin-top: 0px } .bwleftsingle { border-left: solid black 1pt } .bwlistcircle { list-style-type: circle } .bwlistdisc { list-style-type: disc } .bwpadb3 { padding-bottom: 4px } .bwpadl0 { padding-left: 0px } .bwpadl1 { padding-left: 5px } .bwpadr0 { padding-right: 0px } .bwrightsingle { border-right: solid black 1pt } .bwsinglebottom { border-bottom: solid black 1pt } .bwtablemarginb { margin-bottom: 10px } .bwtopsingle { border-top: solid black 1pt } .bwvertalignb { vertical-align: bottom } .bwvertalignm { vertical-align: middle } .bwvertalignt { vertical-align: top } .bwwidth100 { width: 100% } .bwwidth13 { width: 13% } .bwwidth17 { width: 17% } .bwwidth20 { width: 20% } .bwwidth28 { width: 28% } .bwwidth35 { width: 35% } .bwwidth8 { width: 8% } This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251208945150/en/ Figure 1: Drill Long Section Through Orca Fault Area (looking northeast); section line A-A’ (see Figure 3) Spanish Mountain Gold Drills Extensive Mineralization Over 140.67 metres Grading 0.68 g/t Including 1.07 g/t Over 17.00 metres and 0.95 g/t Over 67.31 metres and Extends the Orca Fault Target Trend 130 m to Southeast Drilling 26.46 metres Grading 0.80 g/t Gold Spanish Mountain Gold Ltd. (the " Company " or " Spanish Mountain Gold ") (TSX-V: SPA) (FSE: S3Y) (OTCQB: SPAUF) is pleased to provide additional assay results from exploration drill holes 25-DH-1300, 25-DH-1302, and 25-DH-1304 that were completed as part of its 2025 Fall Diamond Drill program (“ 2025 Fall Drill Program ”) for the Spanish Mountain Gold (“ SMG ”) project, which is located in the Cariboo Gold Corridor, British Columbia, Canada. The company has completed approximately 7,800 m of drilling to date of the 9,000 to 10,000 metres (“ m ”) of exploration drilling planned under the 2025 Fall Drill Program. Assays and geochemistry are pending receipt from the laboratory and or reporting from sixteen (16) additional drill holes completed on the newly defined Orca Fault area, and from three (3) completed drill holes on the A12 target. Highlights: 25-DH-1300 intersected from 53.84 to 194.51 m, 140.67 m of 0.68 g/t gold including two high-grade intervals of 17.00 m of 1.07 g/t gold and 67.31 m of 0.95 g/t gold with a subset of 12.78 m of 2.85 g/t gold; 25-DH-1302 intersected two key intervals: from 49.64 to 152.20 m, 102.56 m of 0.55 g/t gold including 47.99 m of 0.81 g/t gold with a higher-grade subset of 12.63 m of 1.44 g/t gold; from 200.64 to 273.75 m, 73.11 m of 0.50 g/t gold including 33.15 m of 0.77 g/t gold with a higher-grade subset of 16.38 m of 1.23 g/t gold; and 25-DH-1304 intersected from 62.72 to 89.18 m, 26.46 m of 0.80 g/t gold including 8.03 m of 1.61 g/t gold with a higher-grade subset of 4.28 m of 2.26 g/t gold, noting that the remainder of the drill hole results are still pending receipt from the laboratory Key Findings: Current exploration drilling assay results continues to intersect significant higher-grade mineralization over 430 m in strike length in the newly defined Orca Fault target (Figure 1 and 2) and the continuity can now be traced across multiple parallel, adjacent drill sections. Peter Mah, Spanish Mountain Gold’s President & CEO commented, “These most recent Orca Fault area drill results continue to extend new higher grade gold mineralization in the heart of the Main Deposit. Gold assays received from three new holes reported intersecting large, near surface gold mineralization above the global average resource grade. Additionally, assays included multiple near surface high-grade intersections in each hole approaching and exceeding 1 g/t gold. The company is pleased with the consistency and growing number of above 1 g/t gold assays that further demonstrate the potential for growth through new high-grade gold mineralization within the Main Deposit. This coupled with ore sorting defines the Company’s twofold strategy to scale up gold production at its proposed mining operation in the Tier 1 Cariboo Gold Corridor, British Columbia, Canada.” Main Deposit – Orca Fault area Drill hole 25-DH-1300 (see Table 1) was designed to not only confirm the new Orca Fault target but also to start building stronger continuity northeast to southwest across section lines to increase the overall confidence in the geological interpretation of this important area (Figure 2). The drill hole intersected higher-grade mineralization approximately 36 m northeast of drill hole 25-DH-1