# Spanish Mountain Gold Drilling Intersects 116.80 Metres of 1.20 G/T Gold Within Larger Interval of 282.50 Metres Grading 0.70 G/T Gold *2026-03-10T07:30:00-04:00* Spanish Mountain Gold Drilling Intersects 116.80 Metres of 1.20 G/T Gold Within Larger Interval of 282.50 Metres Grading 0.70 G/T Gold Spanish Mountain Gold Ltd. (the " **Company **" or " **Spanish Mountain Gold **") **(TSX-V: SPA) (FSE: S3Y) (OTCQB: SPAUF) **is pleased to report additional assay results from five exploration drill holes within the Orca Fault target trend 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. This press release features multimedia. View the full release here: [https://www.businesswire.com/news/home/20260310299442/en/ ](https://www.businesswire.com/news/home/20260310299442/en/)  Figure 1: Drill Cross Section Through Orca Fault Area (looking northeast); section line A-A’ (see Figure 4) The company has completed approximately 15,034 metres (“ **m **”), surpassing the original estimate of drilling of 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 seven additional drill holes completed within the Orca Fault target area. **Highlights: ** - 26-DH-1337 intersected a **282.50 m **thick, higher-grade intercept grading **0.70 g/t **gold from 91.50 m that includes **116.80 m **of **1.20 g/t **gold with a high-grade subset of **12.20 m **of **2.46 g/t **gold - 26-DH-1334 intersected a very broad, 298.00 m interval of gold mineralization from 6.00 m, grading 0.31 g/t gold, however, it also included three higher-grade subintervals: - **19.00 m **of **1.19 g/t **gold from 112.50 m; - **18.50 m **of **0.61 g/t **gold from 191.50 m; and - **23.00 m **of **0.72 g/t **gold from 234.50 m - 26-DH-1335 intersected a wide intercept of **220.64 m **grading **0.44 g/t **gold from 3.00 m that includes **143.64 m **of **0.60 g/t **gold with a high-grade subset of **20.50 m **of **1.49 g/t **gold; and - 26-DH-1336 intersected a wide intercept of **200.20 m **grading **0.53 g/t **gold from 4.80 m that includes **86.00 m **of **0.91 g/t **gold with a high-grade subset of **9.00 m **of **1.93 g/t **gold **Key Findings: ** - Current exploration drilling assay results continue to intersect significant higher-grade gold mineralization over 530 m in strike length in the Orca Fault target area trend (Figure 3) and the continuity can now be traced across multiple parallel, adjacent drill sections over 200 m in width. **Main Deposit – Orca Fault area ** Five additional drill holes were collared and successfully completed (see Figure 3) in the Orca Fault target area, 26-DH-1333 (Figure 3 and Table 1), 26-DH-1334 (Figure 2 and Table 2), 26-DH-1335 (Figure 3 and Table 3), and 26-DH-1336 (Figure 2 and Table 4), and 26-DH-1337 (Figure 1, Figure 3, and Table 5). These drill holes continue to confirm and lend confidence to the extent of the Orca Fault target area over 530 m strike length, northwest to southeast, and its geological and structural interpretation within the constraining open pit for the MRE (see July 3, 2025 news release). The continued intersection of broad zones of higher-grade gold mineralization, such as the thick intersection of gold mineralization in drill hole 26-DH-1337 (Figure 1 and Table 5) reinforces the opportunities for not only enhancing the Orca Fault target understanding but developing favorable structures outward into other areas of the Main deposit while exploring for higher-grade gold mineralization in the near surface, open pit environment, as defined in the recent MRE (see July 3, 2025 news release). Drill hole 26-DH-1337 intersected one of the thickest higher-grade intercepts on the property, grading 0.70 g/t gold from 91.50 m that includes 116.80 m of 1.20 g/t gold with a high-grade subset of 12.20 m of 2.46 g/t gold. All results to date continue to reinforce that tighter exploration drill spacing is unlocking additional mineral potential in the Main deposit as drilling systematically works outward from the Orca Fault target, tracking the higher-grade gold mineralization. These exploration drill holes are presented on drill sections (Figure 1, Figure 2, and Figure 3) that shows the alignment of the higher-grade gold mineralization. **Table 1: Assay Results for 26-DH-1333 ** | **Drill hole ** | **From (m) ** | **To (m) ** | **Width (m) ** | **Gold (g/t) ** | **Apparent True Thickness ** | | --- | --- | --- | --- | --- | --- | | 26-DH-1333 | 36.00 | 42.63 | 6.63 | 0.51 | _Note 3) _ | | | 56.20 | 92.00 | 35