Sandstorm Gold Royalties Reports Portfolio Exploration Activity and Development Advancements

Core Insights - Sandstorm Gold Ltd. is pleased to announce exploration advancements in its diversified stream and royalty portfolio [1] Group 1: Lundin Gold Inc. Developments - Lundin Gold reported additional high-grade results from its Fruta del Norte gold mine in Ecuador, confirming the continuity and high-grade nature of the mineralized system [2] - A total of 45,325 metres have been drilled across 120 holes as part of the near-mine program, focusing on extending the mine's life by expanding Mineral Resources [2][4] - Notable drilling highlights include 22.67 g/t gold over 41.6 metres and 15.26 g/t gold over 38.0 metres from recent drill results [3][4] Group 2: Allied Gold Corporation Updates - Allied Gold reported exploration and resource drilling at the Bonikro mine in Côte d'Ivoire, completing 231 holes totaling 12,696 metres at the Hire mining license [7] - The Oume Exploration License saw 66 holes totaling 10,283 metres of drilling, focusing on upgrading Inferred Resources [8] - Sandstorm holds a gold stream on the Bonikro mine, entitled to purchase 6% of gold produced until certain thresholds are met [10] Group 3: Antipa Minerals Limited Scoping Study - Antipa released an updated Scoping Study for its Minyari Dome project, showing a 33% increase in the gold resource base to 2.3 million ounces [11] - Initial gold production of 1.3 million ounces is expected at an average annual rate of 130,000 ounces for the first 10 years [11] - A Phase 2 drilling program of up to 11,000 metres has commenced, with multiple growth-focused drilling programs planned for 2025 [12] Group 4: Awalé Resources Limited Drilling Results - Awalé reported significant assay results from its Odienné project, with high-grade mineralization confirmed at the Charger Zone, including 14.7 g/t gold over 59 metres [15] - The BBM Zone also reported high-grade results, with 27 metres at 1.9 g/t gold, indicating strong grade continuity [17] - Sandstorm holds a 2.0% NSR royalty on the Odienné project [18] Group 5: Troilus Gold Corp. Financing Efforts - Troilus Gold has secured Letters of Intent from various agencies for a total of up to $1.3 billion to support the development of its copper-gold project in Quebec [19] - The financing represents a substantial portion of the estimated capital expenditures for the Troilus project [19] - Sandstorm holds a 1.0% NSR royalty on the Troilus project [20]