Sandstorm Gold Royalties Portfolio Drilling and Development Highlights
Original announcement by tmx on
- Company
- Sandstorm Gold Royalties Ltd.
- Ticker
- SAND
- Exchange
- TSX
- Region
- Unavailable
- Primary commodity
- Gold
- Secondary commodities
- Copper, Silver
- Document categories
- Drill results
- Extracted
- 2026-08-21 08:38:18 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Sandstorm Gold Royalties provided highlights from its diversified portfolio, featuring high-grade gold and copper intercepts at Fruta del Norte and new discoveries at the Trancaloma target. The report also includes significant drilling results from Omai Gold Mines and Entrée Resources in Mongolia.
Reasoning: The document reports a significant collection of high-grade drill results and new target discoveries across several key royalty-held projects, including Fruta del Norte and Omai Gold Mines.
Positive factors
- multiple high-grade intercepts across portfolio
- new copper-gold target discovery
- continuity confirmed at existing deposits
Facts used in scoring: 14

Classification and evidence
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: Intercept of 572.47 g/t gold is exceptionally high grade.
Evidence · text
“including 572.47 g/t gold over 2.50 metres”
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: New copper-gold target Trancaloma discovered near existing operations.
Evidence · text
“early-stage results at the new Trancaloma copper-gold target”
Extracted facts
Stored fact records: 14. Some facts used in scoring do not have a stored record.
Drill Results (14)
UGE-S-24-212Fruta del Norte · goldGrade: 173.98Grade Unit: g/tIntercept: 8.45 mView all detailsHide details
Identity
- Hole ID
- UGE-S-24-212
- Project
- Fruta del Norte
- Commodity
- gold
- Ticker
- SAND
Geometry
- Grade
- 173.98
- Grade Unit
- g/t
- Intercept
- 8.45 m
- From
- 77.6 m
- To
- 86.05 m
Classification
- Sample Type
- drill
- Group ID
- UGE-S-24-212:77.60-86.05
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-03-12T00:00:00.000Z
Reasoning: 173.98 g/t gold over 8.45m is an exceptional high-grade intercept.
Positive factors
- Bonanza Intercept
Evidence · text
“UGE-S-24-212: 173.98 grams per tonne ("g/t") gold over 8.45 metres from 77.60 metres”
UGE-S-24-212Fruta del Norte · goldGrade: 572.47Grade Unit: g/tIntercept: 2.5 mView all detailsHide details
Identity
- Hole ID
- UGE-S-24-212
- Project
- Fruta del Norte
- Commodity
- gold
- Ticker
- SAND
Geometry
- Grade
- 572.47
- Grade Unit
- g/t
- Intercept
- 2.5 m
- From
- 77.6 m
- To
- 80.1 m
Classification
- Sample Type
- drill
- Group ID
- UGE-S-24-212:77.60-86.05
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-03-12T00:00:00.000Z
Reasoning: Extremely high-grade sub-interval.
Positive factors
- Bonanza Intercept
Evidence · text
“including 572.47 g/t gold over 2.50 metres”
UGE-S-24-213Fruta del Norte · goldGrade: 77.31Grade Unit: g/tIntercept: 10.9 mView all detailsHide details
Identity
- Hole ID
- UGE-S-24-213
- Project
- Fruta del Norte
- Commodity
- gold
- Ticker
- SAND
Geometry
- Grade
- 77.31
- Grade Unit
- g/t
- Intercept
- 10.9 m
- From
- 94.8 m
- To
- 105.7 m
Classification
- Sample Type
- drill
- Group ID
- UGE-S-24-213:94.80-105.70
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-03-12T00:00:00.000Z
Reasoning: Strong high-grade intercept.
Positive factors
- Bonanza Intercept
Evidence · text
“UGE-S-24-213: 77.31 g/t gold over 10.90 metres from 94.80 metres”
UGE-S-24-213Fruta del Norte · goldGrade: 394.78Grade Unit: g/tIntercept: 2.1 mView all detailsHide details
Identity
- Hole ID
- UGE-S-24-213
- Project
- Fruta del Norte
- Commodity
- gold
- Ticker
- SAND
Geometry
- Grade
- 394.78
- Grade Unit
- g/t
- Intercept
- 2.1 m
- From
- 94.8 m
- To
- 96.9 m
Classification
- Sample Type
- drill
- Group ID
- UGE-S-24-213:94.80-105.70
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-03-12T00:00:00.000Z
Reasoning: Extremely high-grade sub-interval.
Positive factors
- Bonanza Intercept
Evidence · text
“including 394.78 g/t gold over 2.10 metres”
UGE-S-24-185Fruta del Norte · goldGrade: 49.86Grade Unit: g/tIntercept: 7.8 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- UGE-S-24-185
- Project
- Fruta del Norte
- Commodity
- gold
- Ticker
- SAND
Geometry
- Grade
- 49.86
- Grade Unit
- g/t
- Intercept
- 7.8 m
- From
- 59 m
- To
- 66.8 m
Classification
- Sample Type
- drill
- Group ID
- UGE-S-24-185:59.00-66.80
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2024-12-31T00:00:00.000Z
Dates
- Event date
- 2025-03-12T00:00:00.000Z
Reasoning: This intercept was included in the 2024 MRE.
Negative factors
- Stale Data Re-release
Evidence · text
“UGE-S-24-185: (included in 2024 MRE) 49.86 g/t gold over 7.80 metres”
FDNE-2024-200Fruta del Norte · goldGrade: 3.15Grade Unit: g/tIntercept: 53 mView all detailsHide details
Identity
- Hole ID
- FDNE-2024-200
- Project
- Fruta del Norte
- Commodity
- gold
- Ticker
- SAND
Geometry
- Grade
- 3.15
- Grade Unit
- g/t
- Intercept
- 53 m
- From
- 277.8 m
- To
- 330.8 m
Classification
- Sample Type
- drill
- Group ID
- FDNE-2024-200:277.80-330.80
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-03-12T00:00:00.000Z
Reasoning: Wide mineralized interval.
Evidence · text
“FDNE-2024-200: 3.15 g/t gold over 53.00 metres from 277.80 metres”
UGE-E-24-210Fruta del Norte · goldGrade: 10.16Grade Unit: g/tIntercept: 6.25 mView all detailsHide details
Identity
- Hole ID
- UGE-E-24-210
- Project
- Fruta del Norte
- Commodity
- gold
- Ticker
- SAND
Geometry
- Grade
- 10.16
- Grade Unit
- g/t
- Intercept
- 6.25 m
- From
- 238.85 m
- To
- 245.1 m
Classification
- Sample Type
- drill
- Group ID
- UGE-E-24-210:238.85-245.10
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-03-12T00:00:00.000Z
Reasoning: Strong gold grade.
Evidence · text
“UGE-E-24-210: 10.16 g/t gold over 6.25 metres from 238.85 metres”
BLP-2024-195Trancaloma Target · copperGrade: 0.25Grade Unit: %Intercept: 407.75 mView all detailsHide details
Identity
- Hole ID
- BLP-2024-195
- Project
- Trancaloma Target
- Commodity
- copper
- Ticker
- SAND
Geometry
- Grade
- 0.25
- Grade Unit
- %
- Intercept
- 407.75 m
- From
- 22.5 m
- To
- 430.25 m
Classification
- Sample Type
- drill
- Group ID
- BLP-2024-195:22.50-430.25
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-03-12T00:00:00.000Z
Reasoning: Very wide intercept with anomalous copper.
Evidence · text
“BLP-2024-195: 0.25% copper, 0.08 g/t gold over 407.75 metres from 22.50 metres”
BLP-2024-195Trancaloma Target · goldGrade: 0.08Grade Unit: g/tIntercept: 407.75 mView all detailsHide details
Identity
- Hole ID
- BLP-2024-195
- Project
- Trancaloma Target
- Commodity
- gold
- Ticker
- SAND
Geometry
- Grade
- 0.08
- Grade Unit
- g/t
- Intercept
- 407.75 m
- From
- 22.5 m
- To
- 430.25 m
Classification
- Sample Type
- drill
- Group ID
- BLP-2024-195:22.50-430.25
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-03-12T00:00:00.000Z
Reasoning: Low grade gold associated with copper.
Evidence · text
“BLP-2024-195: 0.25% copper, 0.08 g/t gold over 407.75 metres from 22.50 metres”
UGD 578Hugo North Extension · copperGrade: 1.36Grade Unit: %Intercept: 164 mView all detailsHide details
Identity
- Hole ID
- UGD 578
- Project
- Hugo North Extension
- Commodity
- copper
- Ticker
- SAND
Geometry
- Grade
- 1.36
- Grade Unit
- %
- Intercept
- 164 m
- From
- 150 m
- To
- 314 m
Classification
- Sample Type
- drill
- Group ID
- UGD 578:150.0-314.0
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-03-12T00:00:00.000Z
Reasoning: Strong copper grade over a very wide interval.
Evidence · text
“UGD 578: 164 metres grading 1.36% copper and 0.42 g/t gold from 150 metres”
UGD 578Hugo North Extension · goldGrade: 0.42Grade Unit: g/tIntercept: 164 mView all detailsHide details
Identity
- Hole ID
- UGD 578
- Project
- Hugo North Extension
- Commodity
- gold
- Ticker
- SAND
Geometry
- Grade
- 0.42
- Grade Unit
- g/t
- Intercept
- 164 m
- From
- 150 m
- To
- 314 m
Classification
- Sample Type
- drill
- Group ID
- UGD 578:150.0-314.0
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-03-12T00:00:00.000Z
Reasoning: Moderate gold grade accompanying high copper.
Evidence · text
“UGD 578: 164 metres grading 1.36% copper and 0.42 g/t gold from 150 metres”
24ODD-092Omai Gold Mines · goldGrade: 4.48Grade Unit: g/tIntercept: 57 mView all detailsHide details
Identity
- Hole ID
- 24ODD-092
- Project
- Omai Gold Mines
- Commodity
- gold
- Ticker
- SAND
Geometry
- Grade
- 4.48
- Grade Unit
- g/t
- Intercept
- 57 m
- From
- 561.5 m
- To
- 618.5 m
Classification
- Sample Type
- drill
- Group ID
- 24ODD-092:561.5-618.5
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-03-12T00:00:00.000Z
Reasoning: Significant gold intercept over 57m.
Evidence · text
“24ODD-092: 4.48 g/t gold over 57.0 metres from 561.5 metres”
24ODD-092Omai Gold Mines · goldGrade: 21.13Grade Unit: g/tIntercept: 10 mView all detailsHide details
Identity
- Hole ID
- 24ODD-092
- Project
- Omai Gold Mines
- Commodity
- gold
- Ticker
- SAND
Geometry
- Grade
- 21.13
- Grade Unit
- g/t
- Intercept
- 10 m
- From
- 561.5 m
- To
- 571.5 m
Classification
- Sample Type
- drill
- Group ID
- 24ODD-092:561.5-618.5
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-03-12T00:00:00.000Z
Reasoning: Very high grade sub-interval.
Positive factors
- Bonanza Intercept
Evidence · text
“including 21.13 g/t gold over 10.0 metres”
OSK-PHX-24-112Phoenix JV · goldGrade: 6.23Grade Unit: g/tIntercept: 2.8 mView all detailsHide details
Identity
- Hole ID
- OSK-PHX-24-112
- Project
- Phoenix JV
- Commodity
- gold
- Ticker
- SAND
Geometry
- Grade
- 6.23
- Grade Unit
- g/t
- Intercept
- 2.8 m
- From
- 210.1 m
- To
- 212.9 m
Classification
- Sample Type
- drill
- Group ID
- OSK-PHX-24-112:210.1-212.9
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-03-12T00:00:00.000Z
Reasoning: High grade intercept.
Evidence · text
“OSK-PHX-24-112: 6.23 g/t gold over 2.8 metres from 210.1 metres”
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.