SPA Spanish Mountain Gold Ltd.

Spanish Mountain Gold Ltd. ("the Company") (TSX VENTURE:SPA) is pleased to
announce that it has engaged Proconsul Capital Ltd. ("Proconsul") to act as an
investor relations consultant.


The Company engaged Proconsul, founded by Andreas Curkovic, to develop and
implement a public and investor relations program which includes communicating
with analysts and other professionals and enhancing the Company's exposure to
industry stakeholders and investors. Proconsul's engagement is automatically
renewable on a monthly basis, subject to termination by either party on thirty
days notice. The Company will pay a monthly fee of CAD$5,000 and reimburse
Proconsul all reasonable expenses incurred in connection with the fulfillment of
its obligations. In addition, the Company shall grant Proconsul incentive stock
options to acquire up to 100,000 common shares of the Company at an exercise
price of $0.85 per share for a term of two years, subject to the provisions of
the Company's stock option plan.


Other than the grant of the aforementioned stock options, Proconsul neither
holds any securities of the Company nor has any interest, direct or indirect, in
the Company. Proconsul or its principals do not engage in market making
activities and will restrict its services to public relations and investor
relations counseling. The Company's engagement of Proconsul is subject to the
acceptance of the TSX Venture Exchange.


About Spanish Mountain Gold 

Spanish Mountain Gold Ltd. is focused on the responsible development of its
flagship Spanish Mountain gold project in southern central British Columbia,
Canada. The Company has more than $19 million in working capital, has no debt
and owns 100% of four gold properties located in British Columbia. Additional
information about the Company is available on its website:
www.spanishmountaingold.com. 


On Behalf of the Board,

SPANISH MOUNTAIN GOLD LTD. 

Brian Groves, President and CEO

This News Release contains forward-looking statements. Forward looking
statements are statements which relate to future events. In some cases, you can
identify forward-looking statements by terminology such as "may", "should",
"expects", "plans", "anticipates", believes", "estimates", "predicts",
"potential", or "continue" or the negative of these terms or other comparable
terminology. These statements are only predictions and involve known and unknown
risks, uncertainties and other factors that may cause our actual results, level
of activity, performance or achievements to be materially different from any
future results, levels of activity, performance, or achievements expressed or
implied by these forward-looking-statements. Management has assumed that these
will be our major projects going forward. Risks include that we are unable to
satisfy environmental or other regulators, that we determine that our resources
are not commercially viable, or that we have difficulties due to unavailability
of labour or equipment. 


While these forward-looking statements, and any assumptions upon which they are
based, are made in good faith and reflect our current judgment regarding the
direction of our business, actual results will almost always vary, sometimes
materially, from any estimates, predictions, projections, assumptions or other
future performance suggests herein. Except as required by applicable law the
Company does not intend to update any forward-looking statements to conform
these statements to actual results.

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