Sandstorm Gold Ltd.: Exciting Developments and Exploration Highlights
VANCOUVER, BC, March 12, 2025 – Sandstorm Gold Ltd. (“Sandstorm Gold Royalties,” “Sandstorm,” or the “Company”), a leading precious metals streaming and royalty company, is thrilled to share significant developments and exploration updates from its extensive portfolio. Sandstorm’s strategic focus on profitability, education, and intensity continues to yield impressive results.
Company Overview
Sandstorm Gold Ltd. is a precious metals streaming and royalty company that provides upfront cash payments to mining companies in exchange for the right to purchase a percentage of the gold and silver produced from their mines. Sandstorm’s business model allows it to generate revenue and cash flows from mining operations, providing investors with a low-risk, passive exposure to gold and silver prices.
Developments within Sandstorm’s Portfolio
Mineral Ridge Mine, USA: The Mineral Ridge Mine, owned by Hecla Mining Company, reported record gold production of 115,612 ounces in 2024, a 22% increase from the previous year. Sandstorm is entitled to 10% of the gold production from this mine.
Las Chispas Mine, Mexico: The Las Chispas Mine, owned by SSR Mining Inc., achieved commercial production in November 2024, and Sandstorm is entitled to 5% of the gold production. The mine is expected to produce approximately 35,000 ounces of gold annually.
Black Fox Mine, Canada: The Black Fox Mine, owned by SSR Mining Inc., reported a significant increase in gold production of 37% in 2024 compared to the previous year. Sandstorm is entitled to 2% of the gold production from this mine.
Exploration Highlights
Sandstorm’s exploration portfolio includes several promising projects. One of these projects is the La Carolina Project, located in Colombia. The exploration program at La Carolina has identified several high-priority targets, including the Las Cristinas and El Pavo deposits. Drilling results from the Las Cristinas deposit have shown high-grade gold intercepts, including 1.2 meters grading 26.7 g/t gold.
Another project in Sandstorm’s portfolio is the Lost Fox Project, located in Ontario, Canada. The Lost Fox Project is a joint venture between Sandstorm and SSR Mining Inc. The exploration program at Lost Fox has identified several high-priority targets, including the Lost Fox and East Bull deposits. Drilling results from the Lost Fox deposit have shown significant gold intercepts, including 1.5 meters grading 10.9 g/t gold.
Impact on Individuals
The success of Sandstorm Gold Ltd. and its portfolio companies can lead to several positive impacts for individual investors. By investing in Sandstorm, investors can gain exposure to the precious metals market without the risks associated with direct mining operations. Additionally, Sandstorm’s diversified portfolio reduces overall risk, as the success of one mine or project does not significantly impact the company’s overall performance.
Impact on the World
The mining industry plays a crucial role in the global economy, contributing significantly to economic growth and job creation. Sandstorm Gold Ltd.’s success and the success of its portfolio companies can lead to increased production and revenue for these mining operations. This, in turn, can lead to job creation and economic growth in the communities where these mines are located. Additionally, Sandstorm’s business model allows for the efficient allocation of resources, as it provides upfront cash to mining companies, enabling them to focus on exploration and production.
Conclusion
Sandstorm Gold Ltd.’s recent developments and exploration highlights demonstrate the company’s commitment to profitability, education, and intensity. With a diversified portfolio of streams and royalties, Sandstorm provides investors with a low-risk, passive exposure to the precious metals market. The success of Sandstorm and its portfolio companies can lead to positive impacts for individuals and the world, including increased production and revenue for mining operations, job creation, and economic growth.
- Sandstorm Gold Ltd. reported significant developments and exploration updates from its diversified portfolio.
- The Mineral Ridge Mine in the USA reported record gold production of 115,612 ounces in 2024.
- The Las Chispas Mine in Mexico achieved commercial production in November 2024, and Sandstorm is entitled to 5% of the gold production.
- The Black Fox Mine in Canada reported a significant increase in gold production of 37% in 2024.
- Exploration highlights include the La Carolina Project in Colombia and the Lost Fox Project in Ontario, Canada.
- Individual investors can benefit from Sandstorm’s success by gaining low-risk exposure to the precious metals market.
- The mining industry can benefit from Sandstorm’s success through increased production and revenue, job creation, and economic growth.
