Business
Spanish Mountain Gold Announces Work Programs for 2018
Vancouver, British Columbia--(Newsfile Corp. - March 1, 2018) - Spanish Mountain Gold Ltd. (...
About this update from Spanish Mountain Gold Ltd.
[{"type":"text","content":"Spanish Mountain Gold Announces Work Programs for 2018Vancouver, British Columbia--(Newsfile Corp. - March 1, 2018) - Spanish Mountain Gold Ltd. (TSXV: SPA) (the \"Company\") is pleased to announce a series of work programs commencing in the spring of 2018 for its Spanish Mountain gold project (the \"Project\") located in British Columbia, Canada. The planned activities will build on the robust results reported in the latest Preliminary Economic Assessment completed in May 2017 and are expected to provide additional data to support the quality of the Project's multi-million ounce gold resource. Archeological Impact AssessmentAs announced in November 2017, the Company has received the Heritage Inspection Permit covering the entire area that could potentially be impacted by the Project's future activities. The area covering the proposed open pit has previously been investigated and found to be free of any archeological concerns. The upcoming AIA program will clear the remaining project area to ensure that any issues of archaeological significance will be effectively addressed prior to other field work being undertaken and will enable further development work in these areas to be completed without delay. The Archeological Impact Assessment is a critical component of the Project's permitting process for future drilling, development or construction. Consistent with its previous practice, the Company welcomes and anticipates the participation of field technicians or heritage specialists representing the local First Nations communities throughout the AIA process.Confirmatory Metallurgical TestworkThe Company has conducted extensive metallurgical testwork for the Project and in the latest PEA has reported a robust flowsheet that achieves a consistent high gold recovery. The Company plans to obtain fresh sample material this summer for a metallurgical testwork program that will provide the detailed information required for the design and costing of the process plant. This program will be completed in the fall and will be directed by independent metallurgical consultants.Drilling ProgramThe mine plan incorporated in the latest PEA purposely only anticipated processing of Measured and Indicated resource ounces and treated Inferred materials within the proposed open pit as \"waste\". The upcoming strategic drilling program will selectively ...