Spanish Mountain Gold intercepts 80.15 m of 0.83 g/t Au at Orca Fault, including 27.2 m of 1.92 g/t Au

Spanish Mountain Gold Ltd. (the “ Company ” or “ Spanish Mountain Gold” ) (TSX-V: SPA) (FSE: S3Y) (OTCQB: SPAUF) is pleased to provide assay results from seven diamond drill holes on the Spanish Mountain Gold project (the “Project”), located in the Cariboo Gold Corridor, British Columbia, Canada. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260714888685/en/ Figure 1: Drill Collar Location Map - 2025-2026 Drill Program.

The figure illustrates the collar locations for all 7 drill holes reported in this news release, plus holes with assays pending. Section lines correspond to drill cross-sections presented in Figures 2, 3, and 4. Collar coordinates are summarized in Table 5.

The assay results from these drill holes are part of the 2026 Feasibility Drill Program, which was initiated in March 2026 with the objective of increasing resource confidence (infill drilling) and expanding on the current mineral resource. Approximately 17,143 metres (“m”) of a planned 60,000 m drilling program has been completed to date. This news release presents results for holes 26-DH-1374 to 26-DH-1380.

Assay results are pending for 19 additional drill holes. Highlights: 26-DH-1376 , collared 75 m northeast of 26-DH-1363, returned 303.18 m of 0.50 g/t gold from 76.02 m , including 80.15 m of 0.83 g/t gold from 205.0 m with a higher-grade subset of 27.2 m of 1.92 g/t gold from 242.8 m , cross-cutting multiple Orca-style higher-grade structures on the western side of the Main Deposit. 26-DH-1379 , collared 50 m northeast of 26-DH-1376, intersected three separate Orca-style mineralization zones, including a broader interval of 107.0 m of 0.56 g/t gold from 221.0 m with a higher-grade subset of 53