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Spanish Mountain Receives Exploration and AIA Permits for Spanish Mountain Gold Project
VANCOUVER, BC--(Marketwired - November 21, 2017) - Spanish Mountain Gold Ltd. ("Spanish Mountain" or the "Company") (TSX VENTURE: SPA) is pleased to announce th
About this update from Spanish Mountain Gold Ltd.
[{"type":"text","content":"VANCOUVER, BC--(Marketwired - November 21, 2017) - Spanish Mountain Gold Ltd. (\"Spanish Mountain\" or the \"Company\") (TSX VENTURE: SPA) is pleased to announce that it has received permits allowing additional field work in exploration (the \"Notice of Work\") and archeological impact assessment (\"AIA\") for its Spanish Mountain gold project (the \"Project\") near Likely, British Columbia. These permits will allow the Company to proceed with anticipated activities that will further advance the Project, the robust economics of which were demonstrated in a preliminary economic assessment released in May 2017. The Company expects future project work will further confirm the potential viability of the Project while advancing the process of community consultations and environmental assessment. Details of specific programs will be announced once they are finalized. Notice of Work The Notice of Work has been granted for a five-year period during which the Company can conduct drilling and related activities within the Project's boundary of mineral claims. As part of the application process for the Notice of Work, the Company's management had an opportunity to meet with representatives from the local First Nations bands to address any issues and concerns raised. The Company is appreciative of the participation by the Williams Lake Indian Band, Xatsull First Nation and Lhtako Dené Nation in the process and reiterates the Company's commitment to advancing the Project in an environmentally responsible and culturally respectful manner. Archeological Impact Assessment The Heritage Inspection permit was issued pursuant to the Heritage Conservation Act of BC and covers all the areas of the mineral claims that could potentially be impacted by the Project's future activities. The Company has already received clearance for the entire area covering the current mineral resource. This permit will allow the Company to adequately assess the archaeological significance of the remaining project areas before any field work is undertaken. Consistent with its previous practice, the Company welcomes and anticipates the participation of field technicians or heritage specialists representing the First Nations communities throughout the AIA process. Completed Field Work The Company is also pleased to report that it has successfully completed an exploration pr...