Economic AssessmentThe updated Preliminary Economic Assessment highlighted an after-tax NPV5% of $1.03B and an IRR of 18% at a conservative gold price, demonstrating strong economic potential.
Ownership And InvestmentManagement and directors own 18%, aligning interests with investors, while Eric Sprott and Ian Watson own 11% and 6%, respectively.
Project DevelopmentSpanish Mountain Gold announced a significant 9,000-10,000m drill program at its Spanish Mountain Gold Project, targeting high-grade extensions in multiple zones.