# Sandstorm Gold Royalties Portfolio Drilling and Exploration Highlights Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--4355d283-8d48-469e-94a0-5a27f3859a69 Original source: https://money.tmx.com/en/quote/SAND/news/7934711883279445/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights Publisher: tmx Original announcement: 2025-06-11T20:20:00.000Z 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: Silver, Copper - Document categories: Drill results - Extracted: 2026-08-21 08:02:01 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas 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 factor: multiple high-grade intercepts across portfolio - Positive factor: new discovery at Santa Elena - Positive factor: expansion of drilling programs at key assets Facts used in scoring: 19 ## Classification and evidence **Bonanza Intercept** Polarity: positive Definition: 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 Extension** Polarity: positive Definition: 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 Disclosed** Polarity: positive Definition: 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-25-15 [Link to this fact](https://atlas-staging.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--4355d283-8d48-469e-94a0-5a27f3859a69#fact-drill-facts-0) Santa Elena · gold #### 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 factor: high-grade intercept Evidence · text > hole SE-25-15 intersected 1.91 metres grading 8.38 grams per tonne \("g/t"\) gold ### SE-25-15 [Link to this fact](https://atlas-staging.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--4355d283-8d48-469e-94a0-5a27f3859a69#fact-drill-facts-1) Santa Elena · silver #### 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 factor: high-grade silver Evidence · text > 8.38 grams per tonne \("g/t"\) gold and 248 g/t silver ### SE-25-15 [Link to this fact](https://atlas-staging.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--4355d283-8d48-469e-94a0-5a27f3859a69#fact-drill-facts-2) Santa Elena · gold #### 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 factor: bonanza grade Evidence · text > including 0.43 metres of 27.5 g/t gold ### SE-25-15 [Link to this fact](https://atlas-staging.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--4355d283-8d48-469e-94a0-5a27f3859a69#fact-drill-facts-3) Santa Elena · silver #### 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 factor: bonanza grade Evidence · text > 641 g/t silver ### FDN-C25-196 [Link to this fact](https://atlas-staging.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--4355d283-8d48-469e-94a0-5a27f3859a69#fact-drill-facts-4) Fruta del Norte · gold #### 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 factor: high-grade intercept Evidence · text > FDN-C25-196: 72.80 g/t gold over 7.95 metres from 67.60 metres ### FDN-C25-196 [Link to this fact](https://atlas-staging.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--4355d283-8d48-469e-94a0-5a27f3859a69#fact-drill-facts-5) Fruta del Norte · gold #### 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 factor: bonanza grade Evidence · text > including 1,320.0 g/t gold over 0.40 metres ### FDN-C25-204 [Link to this fact](https://atlas-staging.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--4355d283-8d48-469e-94a0-5a27f3859a69#fact-drill-facts-6) Fruta del Norte · gold #### 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 factor: high-grade intercept Evidence · text > FDN-C25-204: 40.60 g/t gold over 13.90 metres from 43.80 metres ### FDN-C25-204 [Link to this fact](https://atlas-staging.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--4355d283-8d48-469e-94a0-5a27f3859a69#fact-drill-facts-7) Fruta del Norte · gold #### 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 factor: bonanza grade Evidence · text > including 272.57 g/t gold over 1.90 metres ### FDN-C25-198 [Link to this fact](https://atlas-staging.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--4355d283-8d48-469e-94a0-5a27f3859a69#fact-drill-facts-8) Fruta del Norte · gold #### 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 factor: high-grade intercept Evidence · text > FDN-C25-198: 48.82 g/t gold over 6.45 metres from 145.85 metres ### FDN-C25-198 [Link to this fact](https://atlas-staging.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--4355d283-8d48-469e-94a0-5a27f3859a69#fact-drill-facts-9) Fruta del Norte · gold #### 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 factor: bonanza grade Evidence · text > including 616.00 g/t gold over 0.45 metres ### UGE-E-25-248 [Link to this fact](https://atlas-staging.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--4355d283-8d48-469e-94a0-5a27f3859a69#fact-drill-facts-10) Fruta del Norte · gold #### 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 factor: high-grade intercept Evidence · text > UGE-E-25-248: 7.12 g/t gold over 14.30 metres from 229.85 metres ### TRL-2024 -220 [Link to this fact](https://atlas-staging.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--4355d283-8d48-469e-94a0-5a27f3859a69#fact-drill-facts-11) Fruta del Norte · copper #### 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 factor: 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 -220 [Link to this fact](https://atlas-staging.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--4355d283-8d48-469e-94a0-5a27f3859a69#fact-drill-facts-12) Fruta del Norte · gold #### 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 factor: low grade Evidence · text > 0.41% copper, 0.10 g/t gold over 858.10 metres ### UGD 189B [Link to this fact](https://atlas-staging.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--4355d283-8d48-469e-94a0-5a27f3859a69#fact-drill-facts-13) Hugo North Extension · copper #### 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 factor: 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 189B [Link to this fact](https://atlas-staging.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--4355d283-8d48-469e-94a0-5a27f3859a69#fact-drill-facts-14) Hugo North Extension · gold #### 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 factor: high grade for depth Evidence · text > 552 metres grading 2.30% copper and 1.45 g/t gold ### OEDD-131 [Link to this fact](https://atlas-staging.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--4355d283-8d48-469e-94a0-5a27f3859a69#fact-drill-facts-15) Odienné · gold #### 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 factor: good width Evidence · text > OEDD-131 returned 45.0 metres of 1.4 g/t gold and 0.41% copper from 220 metres ### OEDD-131 [Link to this fact](https://atlas-staging.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--4355d283-8d48-469e-94a0-5a27f3859a69#fact-drill-facts-16) Odienné · copper #### 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 factor: good width Evidence · text > 45.0 metres of 1.4 g/t gold and 0.41% copper from 220 metres ### 25ODD-102 [Link to this fact](https://atlas-staging.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--4355d283-8d48-469e-94a0-5a27f3859a69#fact-drill-facts-17) Omai Gold Mines · gold #### 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 factor: bonanza grade Evidence · text > 25ODD-102: 28.04 g/t gold over 9.3 metres from 361.2 metres ### SW-25-688 [Link to this fact](https://atlas-staging.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--4355d283-8d48-469e-94a0-5a27f3859a69#fact-drill-facts-18) Troilus · gold #### 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 factor: 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.