Sandstorm Gold Ltd T.SSL

Alternate Symbol(s): SAND

Metals & Mining Gold

Sandstorm Gold Ltd. is a Canada-based precious metals-focused streaming and royalty company. The Company is focused on acquiring royalties and gold and other metals. The Company holds a portfolio of over 230 royalties, of which 41 of the underlying mines are producing. Its segments include Antamina, Aurizona, Blyvoor, Bonikro, Caserones, Cerro Moro, Chapada, Fruta del Norte, Hounde, Mercedes, Vale Royalties, and others. Antamina open-pit copper mine located in the Andes Mountain range of Peru, approximately 270 kilometers (km) north of Lima. Aurizona mine is in Brazil. The Blyvoor gold mine is located on the Witwatersrand gold belt, South Africa. The Bonikro gold mine is located in Cote d’Ivoire. Caserones open pit mine is in the Atacama region of Chile. Chapada mine is located 270 km northwest of Brasilia in Goias State, Brazil. Mercedes gold-silver mine in Sonora, Mexico. Black Fox mine and Froome mine are located in Ontario, Canada.

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Sandstorm Gold Ltd

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Post by stocktrader1407on Oct 16, 2012 10:26am

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Post# 20488202

Streaming partner SVL reports Q3 production number

SilverCrest Announces Q3 Production 151,368 Ounces Silver & 7,184 Ounces Gold

16 Oct 2012 08:00 ET

Marketwire Canada

SilverCrest Mines Inc. (TSX VENTURE:SVL)(NYSE MKT:SVLC) (the "Company") is pleased to announce production figures for the third quarter of 2012 from its 100% owned Santa Elena Mine located in Sonora, Mexico.

Third Quarter Production Highlights

--  Silver produced oz: 151,368; 42% increase over Q3 2011--  Gold produced oz: 7,184; 18% decrease over Q3 2011--  Ore Tonnes crushed: 265,598; 10% increase over Q3 2011--  Silver oz to pad: 413,426; 5% increase over Q3 2011--  Gold oz to pad: 11,681; 35% decrease over Q3 2011

Gold production of 7,184 ounces was 18% below the same quarter in 2011 due to lower grades mined in the pit which was consistent with current mine plan projections. It is expected that contained gold ounces placed on the pads will increase during the fourth quarter as higher grade benches are developed in the pit. Open pit tonnes and grades continue to track closely with the geological block models and open pit mine plan.

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