# Sandstorm Gold Royalties Portfolio Drilling and Development Highlights

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-development-highlights--1b75881c-9de1-4914-8d2d-087592842b5f

Original source: https://money.tmx.com/en/quote/SAND/news/5362652891056819/sandstorm-gold-royalties-portfolio-drilling-and-development-highlights

Publisher: tmx

Original announcement: 2025-03-12T20:25:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- 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

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas 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 factor: multiple high-grade intercepts across portfolio

- Positive factor: new copper-gold target discovery

- Positive factor: continuity confirmed at existing deposits

Facts used in scoring: 14

## Classification and evidence

**Bonanza Intercept**

Polarity: positive

Definition: 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 Extension**

Polarity: positive

Definition: 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-24-212

[Link to this fact](https://atlas-staging.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-development-highlights--1b75881c-9de1-4914-8d2d-087592842b5f#fact-drill-facts-0)

Fruta del Norte · gold

#### 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 factor: 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-24-212

[Link to this fact](https://atlas-staging.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-development-highlights--1b75881c-9de1-4914-8d2d-087592842b5f#fact-drill-facts-1)

Fruta del Norte · gold

#### 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 factor: Bonanza Intercept

Evidence · text

> including 572.47 g/t gold over 2.50 metres

### UGE-S-24-213

[Link to this fact](https://atlas-staging.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-development-highlights--1b75881c-9de1-4914-8d2d-087592842b5f#fact-drill-facts-2)

Fruta del Norte · gold

#### 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 factor: Bonanza Intercept

Evidence · text

> UGE-S-24-213: 77.31 g/t gold over 10.90 metres from 94.80 metres

### UGE-S-24-213

[Link to this fact](https://atlas-staging.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-development-highlights--1b75881c-9de1-4914-8d2d-087592842b5f#fact-drill-facts-3)

Fruta del Norte · gold

#### 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 factor: Bonanza Intercept

Evidence · text

> including 394.78 g/t gold over 2.10 metres

### UGE-S-24-185

[Link to this fact](https://atlas-staging.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-development-highlights--1b75881c-9de1-4914-8d2d-087592842b5f#fact-drill-facts-4)

Fruta del Norte · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Stale Data Re-release

Evidence · text

> UGE-S-24-185: \(included in 2024 MRE\) 49.86 g/t gold over 7.80 metres

### FDNE-2024-200

[Link to this fact](https://atlas-staging.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-development-highlights--1b75881c-9de1-4914-8d2d-087592842b5f#fact-drill-facts-5)

Fruta del Norte · gold

#### 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-24-210

[Link to this fact](https://atlas-staging.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-development-highlights--1b75881c-9de1-4914-8d2d-087592842b5f#fact-drill-facts-6)

Fruta del Norte · gold

#### 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-2024-195

[Link to this fact](https://atlas-staging.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-development-highlights--1b75881c-9de1-4914-8d2d-087592842b5f#fact-drill-facts-7)

Trancaloma Target · copper

#### 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-2024-195

[Link to this fact](https://atlas-staging.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-development-highlights--1b75881c-9de1-4914-8d2d-087592842b5f#fact-drill-facts-8)

Trancaloma Target · gold

#### 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 578

[Link to this fact](https://atlas-staging.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-development-highlights--1b75881c-9de1-4914-8d2d-087592842b5f#fact-drill-facts-9)

Hugo North Extension · copper

#### 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 578

[Link to this fact](https://atlas-staging.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-development-highlights--1b75881c-9de1-4914-8d2d-087592842b5f#fact-drill-facts-10)

Hugo North Extension · gold

#### 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-092

[Link to this fact](https://atlas-staging.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-development-highlights--1b75881c-9de1-4914-8d2d-087592842b5f#fact-drill-facts-11)

Omai Gold Mines · gold

#### 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-092

[Link to this fact](https://atlas-staging.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-development-highlights--1b75881c-9de1-4914-8d2d-087592842b5f#fact-drill-facts-12)

Omai Gold Mines · gold

#### 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 factor: Bonanza Intercept

Evidence · text

> including 21.13 g/t gold over 10.0 metres

### OSK-PHX-24-112

[Link to this fact](https://atlas-staging.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-development-highlights--1b75881c-9de1-4914-8d2d-087592842b5f#fact-drill-facts-13)

Phoenix JV · gold

#### 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.