Spanish Mountain Gold intersects 252.3 m of 0.82 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 recently received for ten 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/20260727809690/en/ Figure 1: Drill Collar Location Map.

The figure illustrates the collar locations for 10 drill holes reported in this news release. Section lines correspond to cross-sections presented in Figures 2 to 6. Collar coordinates are summarized in Table 2.

Approximately 18,500 meters (“m”) of a planned 60,000 m 2026 Feasibility Drill Program have been completed to date. This news release presents assay results from ten holes 26-DH-1381 to 26-DH-1390. Results are pending for 16 additional drill holes.

Highlights: 26-DH-1390 , returned 252.30 m of 0.82 g/t gold from 75.50 m, including 93.50 m of 1.32 g/t gold from 75.50 m and a higher-grade interval of 5.2 m of 3.23 g/t gold from 194.8 m, plus a lower intercept of 106.9 m grading 0.55 g/t gold from 220.9 m. 26-DH-1386 intersected 93.0 m of 0.60 g/t gold from 213.0 m, including higher-grade intervals of 18.0 m of 0.96 g/t gold fro m 236.0 m and 10.0 m of 2.19 g/t gold from 296.0 m 26-DH-1388 intersected 279 m of 0.35 g/t gold from 7.0 m , including 22.0 m of 0.97 g/t gold from 153.0 m, and 69.0 m of 0.75 g/t gold from 217.0 m 26-DH-1381 intersected 346.7 m of 0.36 g/t gold from 23.2 m, including 66.0 m of 0.61 g/t gold fr om 121.0 m, and 70.90 m of 0.66 g/t gold from 299.0 m . These drill holes are part of the 2026 Feasibility Drill Program, initiated in March 2026 targeting infill drilling and gold mineralization expansion f