Sandstorm Gold Royalties Provides Updates on Producing and Key Development Assets

Core Insights - Sandstorm Gold Ltd. is actively advancing its diversified stream and royalty portfolio, with significant developments reported across various projects [1] Group 1: Robertson Mine - The U.S. Bureau of Land Management approved a key environmental permit for the Robertson mine, owned by Nevada Gold Mines, which is expected to begin production in 2027 [2] - Sandstorm holds a 1.0%–2.25% sliding scale net smelter returns (NSR) royalty on the Robertson project, anticipating the upper end of the scale to apply at current gold prices [3] Group 2: Hod Maden Project - SSR Mining is progressing with engineering studies and site preparation at the Hod Maden project in Türkiye, with approximately $10.9 million spent in Q3 2024 [4] - Sandstorm has a 2.0$2,000 per ounce [16] Group 5: Chapada Mine Optimization - Lundin Mining's optimization efforts at the Chapada mine have led to a 46% decrease in mining costs compared to 2022, improving cash flows [17] - A redesigned mining plan has reduced annual mining rates by 30 million tonnes, streamlining operations while maintaining output [18] - Sandstorm has a copper stream on the Chapada mine, with agreements for ongoing cash payments based on a percentage of copper produced [19] Group 6: Coringa Gold Project - Serabi Gold published an updated Preliminary Economic Assessment for the Coringa gold project, estimating annual production of 28,000 ounces in 2025 and averaging 36,000 ounces from 2026 to 2031 [20] - The updated PEA reflects a significant resource inventory, with a focus on utilizing a high percentage of the total resources [21] - Sandstorm holds a 2.5% NSR royalty on the Coringa project, enhancing its portfolio of royalty interests [21]