VANCOUVER, B.C. Spanish Mountain Gold Ltd. (the “Company”) (TSX-V:SPA) announces that due to his other personal commitments, Ian Watson has decided to step down as Chairman but will remain a Director of the Company.

The Company wishes to thank Mr. Watson for his service as the Chairman since March 2011 and looks forward to his continuing involvement as a Director and a major shareholder.

About Spanish Mountain Gold

Spanish Mountain Gold Ltd is focused on advancing its flagship Spanish Mountain gold project in southern central British Columbia.  The Company has adopted a two-zone project approach in which the pit-delineated high grade core (the First Zone) of the multi-million ounce resource is expected to sustain a robust stand-alone operation exceeding 24 years.  The positive economics of the First Zone have been demonstrated in a Preliminary Economic Assessment.  Furthermore, the Second Zone could potentially expand and extend the project’s production profile for decades.  Additional information about the Company is available on its website: www.spanishmountaingold.com

On Behalf of the Board,
SPANISH MOUNTAIN GOLD LTD.

Larry Yau,

Chief Executive Officer

Inquiries:

SPANISH MOUNTAIN GOLD LTD.
Phone: (604) 601-3651
E-mail: info@spanishmountaingold.com
Website: www.spanishmountaingold.com
 

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.