Spanish Mountain Gold Expands Orca Fault Mineralization Intersecting 80.15 Metres of 0.83 g/t Gold Including 27.2 Metres of 1.92 g/t Gold as Part of Its Feasibility Study Drill Program

About this update from Spanish Mountain Gold Ltd.

VANCOUVER, British Columbia, July 14, 2026 --( BUSINESS WIRE )--Spanish Mountain Gold Ltd. (the " Company " or " Spanish Mountain Gold" ) (TSX-V: SPA) (FSE: S3Y) (OTCQB: SPAUF) is pleased to provide assay results from seven diamond drill holes on the Spanish Mountain Gold project (the "Project"), located in the Cariboo Gold Corridor, British Columbia, Canada. The assay results from these drill holes are part of the 2026 Feasibility Drill Program, which was initiated in March 2026 with the objective of increasing resource confidence (infill drilling) and expanding on the current mineral resource. Approximately 17,143 metres ("m") of a planned 60,000 m drilling program has been completed to date. This news release presents results for holes 26-DH-1374 to 26-DH-1380. Assay results are pending for 19 additional drill holes. Highlights: Key Findings - 7 Drill Holes

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