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 NaturalResourceon Sep 28, 2012 3:37pm

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Post# 20425901

I'm putting SilverCrest on the list

for more than I was thinking till today...I'll call it La Hoya 2.0

The more I think about this one, I could see SANDSTORM doing more with SilverCrest than the Underground at Santa Elena. You would need to take a good read of the results of the La Hoya. There seems to be not just Gold as a by-product, but multiple metals---especially TUNGTEN, and several others. SilverCrest takes the Silver, and there is a lot there, and SANDSTORM could do another divvy-up, the Gold to SSL and all the other stuff to SND. You can read this and the post after it, if it interests you.

OK, so far it hasn't been mentioned. I researched TUNGTEN, just off all time highs, in demand and China started to restrict exports. I was astounded at its uses and its price is more than Nickel, MOLY, Cobalt ...wait, here, take a look

https://www.infomine.com/investment/metal-prices/ferro-tungsten/

"This is considered a new discovery at La Joya"

Silver equivalency includes silver, gold and copper andexcludes lead, zinc, molybdenum, tin and tungsten values. Ag:Au is 50:1, Ag:Cu is 86:1, based on 5 year historic metal price trends of US$24/oz silver, US$1200/oz gold, US$3/lb copper. 100% metallurgical recovery is assumed. All numbers are rounded. Intervals are sampled or drilled widths. True thicknesses of mineralized intercepts can be approximated from cross sections of previously announced drill holes in associated areas.

Tungsten mineralization adjacent to the intrusive(s) is found in virtually all the holes drilled to date.

The Contact Zone is considered a "potential large bulk tonnage tungsten target"which will be presented in the next resource estimation due in Q4 2012.

Continuous channel sampling along new access roads shows tungsten mineralization up to 305 metres grading 0.063% W03 with anomalous grades of Au, Cu, Ag (see Table below and attached Figure).

Contact Zone shows consistent intercepts of wide-spread tungsten (W03)

Hole L J DD12-74 was drilled on the Santo Nino Target approximately 1 kilometre east of the Trend and intercepted 35.2 metres of massive and semi-massive sulphides grading 52.2 gpt Ag, 0.05 gpt Au and 1.6% Cu with 0.037% W03.

This is considered a new discovery at La Joya.