SPA Spanish Mountain Gold Ltd.

Spanish Mountain Gold Ltd. ("the Company") (TSX VENTURE:SPA) announces that the
Board of Directors has authorized granting of annual incentive stock options to
employees and directors of the Company to acquire an aggregate of 2,350,000
common shares of the Company.  The options have an exercise price of $0.55 per
share, exercisable until April 23, 2017.  The foregoing is subject to regulatory
acceptance.


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 a strong cash position with 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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