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Spanish Mountain Gold management commentary for three and six months ended June 30, 2026 flags US$ 22.5 million Wheaton royalty cash as key driver of results

PUBT·09/02/2026 11:51:45
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Spanish Mountain Gold management commentary for three and six months ended June 30, 2026 flags US$ 22.5 million Wheaton royalty cash as key driver of results
  • Spanish Mountain Gold management commentary for the three and six months ended June 30, 2026, centered on advancing the Spanish Mountain project toward feasibility.
  • US$ 22.5 million received from Wheaton royalty financing tranche 1; tranche 2 targeted in Q4 2026, tied to a 60,000 m drill milestone.
  • Drilling scaled up to support the feasibility study and a planned 2026 PEA update; 19,737 m completed on Main Deposit by Q2 end.
  • Feasibility work progressed across mine planning, geotechnical and hydrogeological programs, metallurgy trade-off studies, and power interconnection planning.
  • Management flagged potential project upside from near-surface higher grades, pre-concentration options, Phoenix deposit inclusion, and a targeted titanium resource estimate in Q4 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Spanish Mountain Gold Ltd. published the original content used to generate this news brief on September 02, 2026, and is solely responsible for the information contained therein.