Sandstorm Gold Royalties Portfolio Drilling and Exploration Highlights
Original announcement by tmx on
- Company
- Sandstorm Gold Royalties Ltd.
- Ticker
- SAND
- Exchange
- TSX
- Region
- Unavailable
- Primary commodity
- Gold
- Secondary commodities
- Silver, Copper
- Document categories
- Drill results
- Extracted
- 2026-08-21 08:02:01 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Sandstorm Gold Royalties provided highlights from its diversified portfolio, noting a significant gold-silver discovery at First Majestic's Santa Elena property. The report also details high-grade drill results from Lundin Gold's Fruta del Norte, Entrée Resources' Hugo North Extension, and Awalé Resources' Odienné project.
Reasoning: The document reports significant high-grade drill intercepts and new discoveries across several key royalty-holding projects, including Santa Elena, Fruta del Norte, and Odienné.
Positive factors
- multiple high-grade intercepts across portfolio
- new discovery at Santa Elena
- expansion of drilling programs at key assets
Facts used in scoring: 19
Classification and evidence
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: 27.5 g/t gold and 641 g/t silver in hole SE-25-15 are exceptionally high grade.
Evidence · text
“including 0.43 metres of 27.5 g/t gold and 641 g/t silver”
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Recent step-out drilling at Navidad has expanded the mineralized footprint.
Evidence · text
“recent step-out drilling has expanded the mineralized footprint”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The release mentions a Qualified Person (Imola Götz) has reviewed and approved the technical information.
Evidence · text
“Qualified Person Imola Götz (M.Sc., P.Eng, F.E.C.), Sandstorm's Vice President, Mining & Engineering is a Qualified Person”
Extracted facts
Stored fact records: 19. Some facts used in scoring do not have a stored record.
Drill Results (19)
SE-25-15Santa Elena · goldGrade: 8.38Grade Unit: g/tIntercept: 1.91 mView all detailsHide details
Identity
- Hole ID
- SE-25-15
- Project
- Santa Elena
- Commodity
- gold
- Ticker
- SAND
Geometry
- Grade
- 8.38
- Grade Unit
- g/t
- Intercept
- 1.91 m
Classification
- Sample Type
- drill
- Group ID
- SE-25-15:null-null
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-06-11T00:00:00.000Z
Reasoning: 8.38 g/t gold is a strong intercept for an epithermal system.
Positive factors
- high-grade intercept
Evidence · text
“hole SE-25-15 intersected 1.91 metres grading 8.38 grams per tonne ("g/t") gold”
SE-25-15Santa Elena · silverGrade: 248Grade Unit: g/tIntercept: 1.91 mView all detailsHide details
Identity
- Hole ID
- SE-25-15
- Project
- Santa Elena
- Commodity
- silver
- Ticker
- SAND
Geometry
- Grade
- 248
- Grade Unit
- g/t
- Intercept
- 1.91 m
Classification
- Sample Type
- drill
- Group ID
- SE-25-15:null-null
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-06-11T00:00:00.000Z
Reasoning: 248 g/t silver accompanies high-grade gold.
Positive factors
- high-grade silver
Evidence · text
“8.38 grams per tonne ("g/t") gold and 248 g/t silver”
SE-25-15Santa Elena · goldGrade: 27.5Grade Unit: g/tIntercept: 0.43 mView all detailsHide details
Identity
- Hole ID
- SE-25-15
- Project
- Santa Elena
- Commodity
- gold
- Ticker
- SAND
Geometry
- Grade
- 27.5
- Grade Unit
- g/t
- Intercept
- 0.43 m
Classification
- Sample Type
- drill
- Group ID
- SE-25-15:null-null
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-06-11T00:00:00.000Z
Reasoning: 27.5 g/t gold is an exceptional grade.
Positive factors
- bonanza grade
Evidence · text
“including 0.43 metres of 27.5 g/t gold”
SE-25-15Santa Elena · silverGrade: 641Grade Unit: g/tIntercept: 0.43 mView all detailsHide details
Identity
- Hole ID
- SE-25-15
- Project
- Santa Elena
- Commodity
- silver
- Ticker
- SAND
Geometry
- Grade
- 641
- Grade Unit
- g/t
- Intercept
- 0.43 m
Classification
- Sample Type
- drill
- Group ID
- SE-25-15:null-null
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-06-11T00:00:00.000Z
Reasoning: 641 g/t silver is an exceptional grade.
Positive factors
- bonanza grade
Evidence · text
“641 g/t silver”
FDN-C25-196Fruta del Norte · goldGrade: 72.8Grade Unit: g/tIntercept: 7.95 mView all detailsHide details
Identity
- Hole ID
- FDN-C25-196
- Project
- Fruta del Norte
- Commodity
- gold
- Ticker
- SAND
Geometry
- Grade
- 72.8
- Grade Unit
- g/t
- Intercept
- 7.95 m
- From
- 67.6 m
Classification
- Sample Type
- drill
- Group ID
- FDN-C25-196:67.6-75.55
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-06-11T00:00:00.000Z
Reasoning: 72.8 g/t gold is an exceptional grade.
Positive factors
- high-grade intercept
Evidence · text
“FDN-C25-196: 72.80 g/t gold over 7.95 metres from 67.60 metres”
FDN-C25-196Fruta del Norte · goldGrade: 1320Grade Unit: g/tIntercept: 0.4 mView all detailsHide details
Identity
- Hole ID
- FDN-C25-196
- Project
- Fruta del Norte
- Commodity
- gold
- Ticker
- SAND
Geometry
- Grade
- 1320
- Grade Unit
- g/t
- Intercept
- 0.4 m
Classification
- Sample Type
- drill
- Group ID
- FDN-C25-196:67.6-75.55
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-06-11T00:00:00.000Z
Reasoning: 1,320 g/t gold is an exceptional grade.
Positive factors
- bonanza grade
Evidence · text
“including 1,320.0 g/t gold over 0.40 metres”
FDN-C25-204Fruta del Norte · goldGrade: 40.6Grade Unit: g/tIntercept: 13.9 mView all detailsHide details
Identity
- Hole ID
- FDN-C25-204
- Project
- Fruta del Norte
- Commodity
- gold
- Ticker
- SAND
Geometry
- Grade
- 40.6
- Grade Unit
- g/t
- Intercept
- 13.9 m
- From
- 43.8 m
Classification
- Sample Type
- drill
- Group ID
- FDN-C25-204:43.8-57.7
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-06-11T00:00:00.000Z
Reasoning: 40.6 g/t gold is an exceptional grade.
Positive factors
- high-grade intercept
Evidence · text
“FDN-C25-204: 40.60 g/t gold over 13.90 metres from 43.80 metres”
FDN-C25-204Fruta del Norte · goldGrade: 272.57Grade Unit: g/tIntercept: 1.9 mView all detailsHide details
Identity
- Hole ID
- FDN-C25-204
- Project
- Fruta del Norte
- Commodity
- gold
- Ticker
- SAND
Geometry
- Grade
- 272.57
- Grade Unit
- g/t
- Intercept
- 1.9 m
Classification
- Sample Type
- drill
- Group ID
- FDN-C25-204:43.8-57.7
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-06-11T00:00:00.000Z
Reasoning: 272.57 g/t gold is an exceptional grade.
Positive factors
- bonanza grade
Evidence · text
“including 272.57 g/t gold over 1.90 metres”
FDN-C25-198Fruta del Norte · goldGrade: 48.82Grade Unit: g/tIntercept: 6.45 mView all detailsHide details
Identity
- Hole ID
- FDN-C25-198
- Project
- Fruta del Norte
- Commodity
- gold
- Ticker
- SAND
Geometry
- Grade
- 48.82
- Grade Unit
- g/t
- Intercept
- 6.45 m
- From
- 145.85 m
Classification
- Sample Type
- drill
- Group ID
- FDN-C25-198:145.85-152.3
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-06-11T00:00:00.000Z
Reasoning: 48.82 g/t gold is an exceptional grade.
Positive factors
- high-grade intercept
Evidence · text
“FDN-C25-198: 48.82 g/t gold over 6.45 metres from 145.85 metres”
FDN-C25-198Fruta del Norte · goldGrade: 616Grade Unit: g/tIntercept: 0.45 mView all detailsHide details
Identity
- Hole ID
- FDN-C25-198
- Project
- Fruta del Norte
- Commodity
- gold
- Ticker
- SAND
Geometry
- Grade
- 616
- Grade Unit
- g/t
- Intercept
- 0.45 m
Classification
- Sample Type
- drill
- Group ID
- FDN-C25-198:145.85-152.3
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-06-11T00:00:00.000Z
Reasoning: 616 g/t gold is an exceptional grade.
Positive factors
- bonanza grade
Evidence · text
“including 616.00 g/t gold over 0.45 metres”
UGE-E-25-248Fruta del Norte · goldGrade: 7.12Grade Unit: g/tIntercept: 14.3 mView all detailsHide details
Identity
- Hole ID
- UGE-E-25-248
- Project
- Fruta del Norte
- Commodity
- gold
- Ticker
- SAND
Geometry
- Grade
- 7.12
- Grade Unit
- g/t
- Intercept
- 14.3 m
- From
- 229.85 m
Classification
- Sample Type
- drill
- Group ID
- UGE-E-25-248:229.85-244.15
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-06-11T00:00:00.000Z
Reasoning: 7.12 g/t gold is a strong intercept.
Positive factors
- high-grade intercept
Evidence · text
“UGE-E-25-248: 7.12 g/t gold over 14.30 metres from 229.85 metres”
TRL-2024 -220Fruta del Norte · copperGrade: 0.41Grade Unit: %Intercept: 858.1 mView all detailsHide details
Identity
- Hole ID
- TRL-2024 -220
- Project
- Fruta del Norte
- Commodity
- copper
- Ticker
- SAND
Geometry
- Grade
- 0.41
- Grade Unit
- %
- Intercept
- 858.1 m
- From
- 0 m
Classification
- Sample Type
- drill
- Group ID
- TRL-2024 -220:0.0-858.1
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-06-11T00:00:00.000Z
Reasoning: 0.41% Cu over a very large width.
Positive factors
- large scale intercept
Evidence · text
“TRL-2024 -220: 0.41% copper, 0.10 g/t gold over 858.10 metres from 0.0 metres”
TRL-2024 -220Fruta del Norte · goldGrade: 0.1Grade Unit: g/tIntercept: 858.1 mView all detailsHide details
Identity
- Hole ID
- TRL-2024 -220
- Project
- Fruta del Norte
- Commodity
- gold
- Ticker
- SAND
Geometry
- Grade
- 0.1
- Grade Unit
- g/t
- Intercept
- 858.1 m
- From
- 0 m
Classification
- Sample Type
- drill
- Group ID
- TRL-2024 -220:0.0-858.1
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-06-11T00:00:00.000Z
Reasoning: 0.10 g/t gold is a very low grade.
Negative factors
- low grade
Evidence · text
“0.41% copper, 0.10 g/t gold over 858.10 metres”
UGD 189BHugo North Extension · copperGrade: 2.3Grade Unit: %Intercept: 552 mView all detailsHide details
Identity
- Hole ID
- UGD 189B
- Project
- Hugo North Extension
- Commodity
- copper
- Ticker
- SAND
Geometry
- Grade
- 2.3
- Grade Unit
- %
- Intercept
- 552 m
- From
- 1226 m
Classification
- Sample Type
- drill
- Group ID
- UGD 189B:1226-1778
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-06-11T00:00:00.000Z
Reasoning: 2.3% Cu over 552m is a massive intercept.
Positive factors
- exceptional width and grade
Evidence · text
“UGD 189B : 552 metres grading 2.30% copper and 1.45 g/t gold from 1,226 metres”
UGD 189BHugo North Extension · goldGrade: 1.45Grade Unit: g/tIntercept: 552 mView all detailsHide details
Identity
- Hole ID
- UGD 189B
- Project
- Hugo North Extension
- Commodity
- gold
- Ticker
- SAND
Geometry
- Grade
- 1.45
- Grade Unit
- g/t
- Intercept
- 552 m
- From
- 1226 m
Classification
- Sample Type
- drill
- Group ID
- UGD 189B:1226-1778
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-06-11T00:00:00.000Z
Reasoning: 1.45 g/t gold over 552m is significant.
Positive factors
- high grade for depth
Evidence · text
“552 metres grading 2.30% copper and 1.45 g/t gold”
OEDD-131Odienné · goldGrade: 1.4Grade Unit: g/tIntercept: 45 mView all detailsHide details
Identity
- Hole ID
- OEDD-131
- Project
- Odienné
- Commodity
- gold
- Ticker
- SAND
Geometry
- Grade
- 1.4
- Grade Unit
- g/t
- Intercept
- 45 m
- From
- 220 m
Classification
- Sample Type
- drill
- Group ID
- OEDD-131:220-265
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-06-11T00:00:00.000Z
Reasoning: 1.4 g/t gold over 45m is a solid intercept.
Positive factors
- good width
Evidence · text
“OEDD-131 returned 45.0 metres of 1.4 g/t gold and 0.41% copper from 220 metres”
OEDD-131Odienné · copperGrade: 0.41Grade Unit: %Intercept: 45 mView all detailsHide details
Identity
- Hole ID
- OEDD-131
- Project
- Odienné
- Commodity
- copper
- Ticker
- SAND
Geometry
- Grade
- 0.41
- Grade Unit
- %
- Intercept
- 45 m
- From
- 220 m
Classification
- Sample Type
- drill
- Group ID
- OEDD-131:220-265
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-06-11T00:00:00.000Z
Reasoning: 0.41% Cu over 45m is a solid intercept.
Positive factors
- good width
Evidence · text
“45.0 metres of 1.4 g/t gold and 0.41% copper from 220 metres”
25ODD-102Omai Gold Mines · goldGrade: 28.04Grade Unit: g/tIntercept: 9.3 mView all detailsHide details
Identity
- Hole ID
- 25ODD-102
- Project
- Omai Gold Mines
- Commodity
- gold
- Ticker
- SAND
Geometry
- Grade
- 28.04
- Grade Unit
- g/t
- Intercept
- 9.3 m
- From
- 361.2 m
Classification
- Sample Type
- drill
- Group ID
- 25ODD-102:361.2-370.5
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-06-11T00:00:00.000Z
Reasoning: 28.04 g/t gold is an exceptional grade.
Positive factors
- bonanza grade
Evidence · text
“25ODD-102: 28.04 g/t gold over 9.3 metres from 361.2 metres”
SW-25-688Troilus · goldGrade: 2.03Grade Unit: g/tIntercept: 56 mView all detailsHide details
Identity
- Hole ID
- SW-25-688
- Project
- Troilus
- Commodity
- gold
- Ticker
- SAND
Geometry
- Grade
- 2.03
- Grade Unit
- g/t
- Intercept
- 56 m
- From
- 174 m
Classification
- Sample Type
- drill
- Group ID
- SW-25-688:174-230
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-06-11T00:00:00.000Z
Reasoning: 2.03 g/t gold over 56m is a solid intercept.
Positive factors
- good width
Evidence · text
“SW-25-688: 56 metres grading 2.03 g/t gold, 2.55 g/t silver and 0.23% copper from 174 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.