Spanish Mountain Gold Ltd. is focused on advancing its 100%-owned Spanish Mountain Gold Project (Project) towards construction of the next gold mine in the Cariboo Gold Corridor, British Columbia. On May 1, 2026, the Company received the first instalment of US$22.5 million in connection with the sale of a 1.5% NSR to Wheaton Precious Metals for US$55 million (see news release dated May 1, 2026). In Q2, the Company initiated a feasibility study on the Project, fully funded by the US$55 million royalty sale, which will position the Company to make a construction decision in 2028.
The Relentless Pursuit for Better Gold means seeking new ways to achieve optimal financial outcomes that are safer, minimize environmental impact and create meaningful sustainability for communities.
Details on the Company are available on www.sedarplus.ca and on the Company’s website.
Corporate Speaker
Peter Mah
President, CEO
Mr. Mah is a professional engineer with over 30 years of Canadian and global mining experience in gold, silver, diamonds and base metal projects. He has held several senior management roles including the President of Avanti Kitsault Mine Ltd, British Columbia, COO of Alloycorp Mining Inc., and Group Executive of prefeasibility and feasibility projects at Newmont Mining Corp. Most recently he was the Chief Operating Officer (COO) at McEwen Mining Inc. where he was responsible for all open pit and underground operations and projects in Canada, Mexico, Argentina and the USA. His expertise includes new mine construction and has a proven track record of building, transitioning and operating mines. Most notable was the Debeer’s Victor open pit diamond mine where he was the Mine General Manager. In 2009, Peter’s Victor Mine Team was awarded the Mining Magazine’s international ‘Mine of the Year’ award. He’s a former Director at Mining Association British Columbia, Mining Association Ontario, Noront Resources and Argo Gold Inc. He is currently a Director at Golden Lake Exploration Inc. Mr. Mah holds a Bachelor’s of Applied Science in Mining and Mineral Process Engineering and a Master’s of Applied Science majoring in Rock Mechanics from the University of British Columbia, Vancouver Canada.
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