Research and Markets (http://www.researchandmarkets.com/research/qjxhzz/spanish_mountain) has announced the addition of the "Spanish Mountain Gold - A Deep Value Gold Stock" report to their offering.
Spanish Mountain Gold Ltd. (SPA), previously known as Skygold Ventures Ltd., is a Vancouver-based junior resource development-stage company, solely engaged in the acquisition, exploration and development of mineral properties in central British Columbia, Canada. It is currently focused on the development of its flagship, Spanish Mountain gold project. In early January 2010, it changed its name from Skygold Ventures Ltd. to Spanish Mountain Gold Ltd. to reflect the transition from exploration-stage to development-stage of its flagship asset. Its shares are listed on the TSX Venture Exchange (TSX-V) under the symbol SPA.
DEEP VALUE GOLD STOCK; ASSETS IN CANADA
Assets in BC - a mining friendly jurisdiction
British Columbia has emerged as one of the most mining-friendly jurisdiction(s) worldwide, with active government support for mining industry and the landmark royalty-sharing agreement with the First Nations communities. A number of new mine permits were recently granted, including Thompson Creek's Mt Milligan copper-gold project and Copper Mountain's Copper Mountain project and New Gold's New Afton gold-copper project. SPA has already signed a MOU with the Williams Lake Indian Band, Soda Creek Indian Band and most recently with the Lhtako Dene Nation.
Flagship project with 3.18 Moz gold in M&I Resources
The company has outlined 216 Mt at a gold grade of 0.46 g/t for a total of 3.18 Moz in the Measured and Indicated category. Giroux Consultants completed the PEA and established an economic cut-off of 0.2 g/t gold based on assumptions of operating costs for a potential open pit operation. The project hosts another 3.7 Moz gold in the Inferred Category.
The deposit is open to the north, south and at depth
Most of the drilling focused on the Main Zone, which hosts the current defined mineral resources. The past exploration programs have identified a gold bearing trend which remains open to the north. The trend offers potential for further expansion of the current defined mineral resource to the north, south and at depth.
Strong and experienced Management Team and Board
Spanish Mountain has an experienced management team and an excellent board, which is very impressive for a junior mining company. Dr. Morris Beattie the COO has a PhD in Mining and Mineral Process Engineering from the University of British Columbia and has extensive experience in all aspects of extractive metallurgy and project development. Jim Rogers the co-founder of the Quantum Fund is on the board of the company. Spanish Mountain is the only junior mining company with Jim Rogers on the board.
Key Topics Covered:
Model Overview And Valuation
Development Stage Projects
Local Geology And Mineralization
Thunder Ridge Project, Central British Columbia
Manson Creek Project, Central Bc
Prince George Project, Central Bc
Reserves And Resources
Management And Board Of Directors
- Yellowhead Mining
- Rainy River Resources
- Thompson Creek
For more information visit http://www.researchandmarkets.com/research/qjxhzz/spanish_mountain
Research and Markets
Laura Wood, Senior Manager.
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Sector: Metals and Minerals