Sandstorm Gold (TSX:SSL)

[Pixel8r]

Continuation of old thread which is here => https://old.24knews.com/viewtopic.php?f=8&t=1009

A good article which explains the current situation well IMO;

Sandstorm's Exploration Strategy Outclasses Its Peers

Summary

Exploration upside and pending Hod Maden updates make Sandstorm attractive.
Sandstorm's exploration strategy appears to be working.
Material Hod Maden updates could be closer than people think.

[Pixel8r]

Sandstorm Gold Royalties Announces Results From Hod Maden Feasibility Study, Reaffirms Strong Project Economics with $1.05 Billion Post-Tax NPV5%

FEASIBILITY STUDY HIGHLIGHTS

• Pre-tax net present value ("NPV") (5% discount rate) of $1.3 billion and an internal rate of return ("IRR") of 41%
• Post-tax NPV (5% discount rate) of $1.05 billion and an IRR of 36%
• Estimated all-in sustaining costs ("AISC") of $334 per ounce on a by-product basis1 and $595 per ounce on a co-product basis1
• Upfront capital cost of $309 million
• Proven and Probable Mineral Reserves of 2.45 million ounces of gold and 287 million pounds of copper
• 13-year mine life with annual mill design capacity of 800,000 tonnes
• Annual average production of approximately 195,000 gold equivalent ("AuEq") ounces
• Average head grade of 11.1 grams per tonne ("g/t") AuEq

"The release of the Hod Maden Feasibility Study is a major turning point for not only the project, but for Sandstorm as well," commented Nolan Watson, President and CEO of the Company. "When we purchased the stake in Hod Maden back in 2017, we knew that it would be a major growth catalyst for Sandstorm, and the positive results of this study spell out just how transformational it will be once in production. Along with the granting of the Environmental Impact Assessment that was previously announced, the Feasibility Study launches Hod Maden into the next stage of development. As a management team we're excited to see this incredibly robust project make a big leap towards production."

[Pixel8r]

Sandstorm Gold (SSL) - $114M Record Revenue in 2021