{"id":1133554,"date":"2019-08-20T08:15:53","date_gmt":"2019-08-20T13:15:53","guid":{"rendered":"https:\/\/www.mining.com\/?p=999707"},"modified":"2019-08-20T08:15:53","modified_gmt":"2019-08-20T13:15:53","slug":"spanish-mountain-evaluates-alternative-scenarios-for-bc-gold-project","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1133554","title":{"rendered":"Spanish Mountain evaluates alternative scenarios for BC gold project"},"content":{"rendered":"<p>Spanish Mountain Gold (TSXV: SPA) announced that it received&nbsp;&nbsp;encouraging results from an alternatives study for its namesake gold project located in central British Columbia, Canada.&nbsp;<\/p>\n<div class='d-flex justify-content-center'>\n<div id='div-gpt-ad-1561499308230-0'><script>googletag.cmd.push(function() {googletag.display('div-gpt-ad-1561499308230-0');});<\/script><\/div>\n<\/div>\n<figure class=\"wp-block-pullquote alignright\">\n<blockquote>\n<p> Possibilities highlighted by the study:\u00a0<br \/>&#8211; Lower initial capital cost<\/p>\n<p>&#8211; Higher process plant feed grades<\/p>\n<p>&#8211; Refined pit shell that could isolate a higher grade pit-constrained resource\u00a0<\/p>\n<p>&#8211; Improved economic metrics for the Project <\/p>\n<\/blockquote>\n<\/figure>\n<p>In a press release, the Vancouver-based miner said the results provided by consulting firm Moose Mountain Technical Services suggest that there is a reasonable basis to assess the technical and economic viability of a mining operation with a milling throughput of 10,000 tonnes per day vs. 20,000 tonnes per day presented in the 2017 Preliminary Economic Assessment.\u00a0<\/p>\n<p>&#8220;Under the project scenario being investigated, a mine plan is expected to focus on the initial first decade of operation resulting in a project with higher feed grades and higher average resource grade,&#8221; Spanish Mountain&#8217;s media brief reads. &#8220;Furthermore, in spite of reducing the proposed milling rate by 50% compared to the 2017 PEA, the project&#8217;s production profile with the proposed mining scenario potentially could remain robust with a target average gold production of above 100,000 ounces of gold per year.&#8221;<\/p>\n<p>According to the company, the large mineral resource at Spanish Mountain allows for development flexibility and scalable capital requirements.<\/p>\n<p>The project, located 70 kilometres northeast of Williams Lake, is a two-zone property in which the pit-delineated high-grade core or First Zone is expected to sustain a stand-alone operation exceeding 24 years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Results from an alternatives study highlight potential improvements to the Spanish Mountain 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