Spanish Mountain Gold Ltd. - Thunder Ridge

Thunder Ridge

Thunder Ridge

PROJECT HIGHLIGHTS

45.59 g/t gold over 2.5 metres including 223 g/t gold over 0.5 metres in hole SC-005
Owned 100% by Spanish Mountain Gold
Excellent road access and grid power within 20km

SUMMARY

Spanish Mountain Gold acquired this property in 2006 based on its Sediment Hosted Gold possibility along trend to the flagship property Spanish Mountain. After the discovery of the Thunder Ridge Zone, the Company's focus on the property evolved to a high grade target that continues to develop. The property is located approximately 50 kilometres northeast of the town of 100 Mile House in central British Columbia. The Thunder Ridge zone is accessed via a network of well maintained Forest Service roads directly from 100 Mile House.

GEOLOGY OVERVIEW

The property is underlain by a sequence of Triassic black phyllite similar to the rocks underlying the main zone at the Spanish Mountain property. Gold mineralization is associated with quartz veining and flooding within a northeast trending structure.

THUNDER RIDGE DRILL RESULTS TO DATE

Table 1

Hole		From (m)	To (m)	Width*	Au (g/t)
SC019		62.00	63.50	1.50	19.30
SC019	And	106.50	128.50	22.00	0.34
SC019	Including	116.00	121.00	5.00	0.55
SC019	and including	120.00	121.00	1.00	1.12
SC019	And	191.50	212.90	21.40	0.67
SC019	Including	197.00	205.50	8.50	1.05
SC019	and including	208.60	211.50	2.90	1.13
SC019	and including	197.00	211.50	14.50	0.87
SC020		18.50	20.00	1.50	0.51
SC021		49.50	51.00	1.50	0.50
SC021	And	138.00	139.55	1.55	0.58
SC021	And	176.75	191.50	14.75	1.42
SC021	Including	176.75	180.55	3.80	4.54
SC021	And	239.88	279.00	39.12	0.30
SC021	Including	239.88	245.00	5.12	0.67
SC021	and including	253.90	255.00	1.10	0.85
SC022		204.00	225.50	21.50	0.61
SC022	Including	210.00	214.50	4.50	1.47
SC022	and including	221.00	224.00	3.00	1.37
SC022	And	296.00	297.50	1.50	0.60
SC023		250.00	288.30	38.30	0.80
SC023	Including	250.00	276.00	26.00	1.03
SC023	and including	253.00	254.50	1.50	1.16
SC023	and including	264.03	265.50	1.47	3.54
SC023	and including	268.50	274.30	5.80	2.29
SC023	and including	268.50	270.00	1.50	5.33
SC023	And	286.00	287.00	1.00	1.51
SC024		187.00	188.50	1.50	0.51

* core length - does not represent true width

Drill Hole	From	To	Length (m)	Gold (g/t)	Silver (g/t)
10-SC-025	183.0	189.6	6.6	0.77	2.74

10-SC-026	42.0	48.5	6.5	0.45	1.84
10-SC-026	58.0	61.5	3.5	0.69	2.56

10SC027	23.2	24.1	0.9	2.06	4.50
10SC027	40.0	43.3	3.3	0.63	2.30
10SC027	221.0	241.0	20.0	0.77	19.76
includes	239.0	240.0	1.0	1.97	100.00

10SC028	no significant intercepts

10SC029	39.8	41.5	1.7	3.74	19.80
10SC029	71.0	76.0	5.0	1.11	1.99
includes	74.6	76.0	1.5	3.45	2.50

10SC030	50.5	58.1	7.6	0.57	1.89
includes	52.0	53.0	1.0	2.05	2.50

10SC031	43.0	97.0	54.0	0.77	4.54
includes	44.0	45.0	1.0	19.15	83.80
includes	47.5	49.7	2.2	2.2	19.48
includes	82.7	86.0	3.3	1.99	3.24

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Thunder Ridge Drill Hole Locations
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