Spanish Mountain Gold Ltd.: Spanish Mountain Gold Reports Results of Pre-Feasibility Study Along with Mineral Reserve Estimate & Updated Mineral Resource Estimate Spanish Mountain Gold Ltd. (TSXV: SPA) (the " Company") is pleased to announce the positive results of the Pre-Feasibility Study (the " PFS") for the 100% owned Spanish Mountain gold project (the " Project") located in central British Columbia, Canada. The PFS, which is prepared in accordance with NI 43-101 Standards of Disclosure for Mineral Projects, delineates a Mineral Reserve within the near-surface/ higher-grade portion of the Mineral Resource. All dollars figures are in Canadian ( CAD) unless otherwise noted. In accordance with industry practice, certain key economic metrics are stated in USD to facilitate comparison with projects/ mines globally.