# Sandstorm Gold Royalties Portfolio Drilling and Exploration Highlights

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--a6037185-1281-4620-b992-6cc85d8fbb04

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

- Ticker: SAND

- Exchange: TSX

- Region: Unavailable

- Primary commodity: Gold

- Secondary commodities: Silver, Copper

- Document categories: Drill results

- Extracted: 2026-09-12 23:23:02 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Sandstorm Gold Royalties provided highlights from its diversified portfolio, including a new gold-silver discovery at First Majestic's Santa Elena property and expanded drilling at Lundin Gold's Fruta del Norte. The report also details significant drill intercepts from Entrée Resources, Awalé Resources, Omai Gold Mines, and Troilus Gold.

Reasoning: The document is a portfolio-wide summary of drill results from various royalty-holding companies, showing positive exploration momentum across multiple jurisdictions.

- Positive factor: multiple high-grade intercepts across portfolio

- Positive factor: new discovery at Santa Elena

- Positive factor: expansion of drilling programs at FDN

- Positive factor: district-scale potential reinforced at Odienné

Facts used in scoring: 28

## 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 in SE-25-15 is exceptionally high grade.

Evidence · text

> including 0.43 metres of 27.5 g/t gold

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: Recent step-out drilling at Navidad 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 is signed off by a Qualified Person \(Imola Götz\).

Evidence · text

> Qualified Person Imola Götz \(M.Sc., P.Eng, F.E.C.\), Sandstorm's Vice President, Mining &amp; Engineering is a Qualified Person

## Extracted facts

Stored fact records: 28. Some facts used in scoring do not have a stored record.

## Drill Results (28)

### SE-25-15

[Link to this fact](https://atlas-extractions.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--a6037185-1281-4620-b992-6cc85d8fbb04#fact-drill-facts-0)

Santa Elena · gold

#### Identity

- Hole ID: SE-25-15
- Project: Santa Elena
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: SAND

#### Geometry

- Grade: 8.38
- Grade Unit: g/t
- Intercept: 1.91 m

#### Classification

- Sample Type: drill
- Group ID: SE-25-15:unknown-unknown

#### Location

- Location: Southwest Zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### 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

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SE-25-15

[Link to this fact](https://atlas-extractions.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--a6037185-1281-4620-b992-6cc85d8fbb04#fact-drill-facts-1)

Santa Elena · silver

#### Identity

- Hole ID: SE-25-15
- Project: Santa Elena
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: SAND

#### Geometry

- Grade: 248
- Grade Unit: g/t
- Intercept: 1.91 m

#### Classification

- Sample Type: drill
- Group ID: SE-25-15:unknown-unknown

#### Location

- Location: Southwest Zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### 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 gold grade.

- Positive factor: significant silver grade

Evidence · text

> 8.38 grams per tonne \("g/t"\) gold and 248 g/t silver

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SE-25-15

[Link to this fact](https://atlas-extractions.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--a6037185-1281-4620-b992-6cc85d8fbb04#fact-drill-facts-2)

Santa Elena · gold

#### Identity

- Hole ID: SE-25-15
- Project: Santa Elena
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: SAND

#### Geometry

- Grade: 27.5
- Grade Unit: g/t
- Intercept: 0.43 m

#### Classification

- Sample Type: drill
- Group ID: SE-25-15:unknown-unknown

#### Location

- Location: Southwest Zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### 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 for this deposit type.

- Positive factor: bonanza grade sub-interval

Evidence · text

> including 0.43 metres of 27.5 g/t gold

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SE-25-15

[Link to this fact](https://atlas-extractions.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--a6037185-1281-4620-b992-6cc85d8fbb04#fact-drill-facts-3)

Santa Elena · silver

#### Identity

- Hole ID: SE-25-15
- Project: Santa Elena
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: SAND

#### Geometry

- Grade: 641
- Grade Unit: g/t
- Intercept: 0.43 m

#### Classification

- Sample Type: drill
- Group ID: SE-25-15:unknown-unknown

#### Location

- Location: Southwest Zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-06-11T00:00:00.000Z

Reasoning: 641 g/t silver is a very high grade.

- Positive factor: high silver grade sub-interval

Evidence · text

> 641 g/t silver

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### FDN-C25-196

[Link to this fact](https://atlas-extractions.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--a6037185-1281-4620-b992-6cc85d8fbb04#fact-drill-facts-4)

Fruta del Norte · gold

#### Identity

- Hole ID: FDN-C25-196
- Project: Fruta del Norte
- Commodity: gold
- Region: ecuador
- Reported Region: ecuador
- Ticker: SAND

#### Geometry

- Grade: 72.8
- Grade Unit: g/t
- Intercept: 7.95 m
- From: 67.6 m
- To: 75.55 m
- Intercept Depth: 67.6 m

#### Classification

- Sample Type: drill
- Group ID: FDN-C25-196:67.6-75.55

#### Location

- Location: Southwest Zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### 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

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### FDN-C25-196

[Link to this fact](https://atlas-extractions.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--a6037185-1281-4620-b992-6cc85d8fbb04#fact-drill-facts-5)

Fruta del Norte · gold

#### Identity

- Hole ID: FDN-C25-196
- Project: Fruta del Norte
- Commodity: gold
- Region: ecuador
- Reported Region: ecuador
- 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

#### Location

- Location: Southwest Zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### 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 extreme high-grade intercept.

- Positive factor: bonanza grade sub-interval

Evidence · text

> including 1,320.0 g/t gold over 0.40 metres

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### FDN-C25-204

[Link to this fact](https://atlas-extractions.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--a6037185-1281-4620-b992-6cc85d8fbb04#fact-drill-facts-6)

Fruta del Norte · gold

#### Identity

- Hole ID: FDN-C25-204
- Project: Fruta del Norte
- Commodity: gold
- Region: ecuador
- Reported Region: ecuador
- Ticker: SAND

#### Geometry

- Grade: 40.6
- Grade Unit: g/t
- Intercept: 13.9 m
- From: 43.8 m
- To: 57.7 m
- Intercept Depth: 43.8 m

#### Classification

- Sample Type: drill
- Group ID: FDN-C25-204:43.8-57.7

#### Location

- Location: Southwest Zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### 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 a very strong intercept.

- Positive factor: high-grade intercept

Evidence · text

> FDN-C25-204: 40.60 g/t gold over 13.90 metres from 43.80 metres

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### FDN-C25-204

[Link to this fact](https://atlas-extractions.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--a6037185-1281-4620-b992-6cc85d8fbb04#fact-drill-facts-7)

Fruta del Norte · gold

#### Identity

- Hole ID: FDN-C25-204
- Project: Fruta del Norte
- Commodity: gold
- Region: ecuador
- Reported Region: ecuador
- 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

#### Location

- Location: Southwest Zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### 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 sub-interval

Evidence · text

> including 272.57 g/t gold over 1.90 metres

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### FDN-C25-198

[Link to this fact](https://atlas-extractions.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--a6037185-1281-4620-b992-6cc85d8fbb04#fact-drill-facts-8)

Fruta del Norte · gold

#### Identity

- Hole ID: FDN-C25-198
- Project: Fruta del Norte
- Commodity: gold
- Region: ecuador
- Reported Region: ecuador
- Ticker: SAND

#### Geometry

- Grade: 48.82
- Grade Unit: g/t
- Intercept: 6.45 m
- From: 145.85 m
- To: 152.3 m
- Intercept Depth: 145.85 m

#### Classification

- Sample Type: drill
- Group ID: FDN-C25-198:145.85-152.3

#### Location

- Location: Southwest Zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### 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 a very strong intercept.

- Positive factor: high-grade intercept

Evidence · text

> FDN-C25-198: 48.82 g/t gold over 6.45 metres from 145.85 metres

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### FDN-C25-198

[Link to this fact](https://atlas-extractions.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--a6037185-1281-4620-b992-6cc85d8fbb04#fact-drill-facts-9)

Fruta del Norte · gold

#### Identity

- Hole ID: FDN-C25-198
- Project: Fruta del Norte
- Commodity: gold
- Region: ecuador
- Reported Region: ecuador
- 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

#### Location

- Location: Southwest Zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### 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 sub-interval

Evidence · text

> including 616.00 g/t gold over 0.45 metres

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### UGE-E-25-248

[Link to this fact](https://atlas-extractions.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--a6037185-1281-4620-b992-6cc85d8fbb04#fact-drill-facts-10)

Fruta del Norte · gold

#### Identity

- Hole ID: UGE-E-25-248
- Project: Fruta del Norte
- Commodity: gold
- Region: ecuador
- Reported Region: ecuador
- Ticker: SAND

#### Geometry

- Grade: 7.12
- Grade Unit: g/t
- Intercept: 14.3 m
- From: 229.85 m
- To: 244.15 m
- Intercept Depth: 229.85 m

#### Classification

- Sample Type: drill
- Group ID: UGE-E-25-248:229.85-244.15

#### Location

- Location: Southwest Zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### 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: strong gold grade

Evidence · text

> UGE-E-25-248: 7.12 g/t gold over 14.30 metres from 229.85 metres

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### TRL-2024-220

[Link to this fact](https://atlas-extractions.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--a6037185-1281-4620-b992-6cc85d8fbb04#fact-drill-facts-11)

Fruta del Norte · copper

Needs review: ungrounded

#### Identity

- Hole ID: TRL-2024-220
- Project: Fruta del Norte
- Commodity: copper
- Region: ecuador
- Reported Region: ecuador
- Ticker: SAND

#### Geometry

- Grade: 0.41
- Grade Unit: %
- Intercept: 858.1 m
- From: 0 m
- To: 858.1 m
- Intercept Depth: 0 m

#### Classification

- Sample Type: drill
- Group ID: TRL-2024-220:0-858.1

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: ungrounded
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-06-11T00:00:00.000Z

Reasoning: 0.41% Cu over a very large width confirms porphyry system.

- Positive factor: significant width

Evidence · text

> TRL-2024 -220: 0.41% copper, 0.10 g/t gold over 858.10 metres from 0.0 metres

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### TRL-2024-220

[Link to this fact](https://atlas-extractions.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--a6037185-1281-4620-b992-6cc85d8fbb04#fact-drill-facts-12)

Fruta del Norte · gold

Needs review: ungrounded

#### Identity

- Hole ID: TRL-2024-220
- Project: Fruta del Norte
- Commodity: gold
- Region: ecuador
- Reported Region: ecuador
- Ticker: SAND

#### Geometry

- Grade: 0.1
- Grade Unit: g/t
- Intercept: 858.1 m
- From: 0 m
- To: 858.1 m
- Intercept Depth: 0 m

#### Classification

- Sample Type: drill
- Group ID: TRL-2024-220:0-858.1

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: ungrounded
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-06-11T00:00:00.000Z

Reasoning: 0.1 g/t gold is low grade.

Evidence · text

> 0.41% copper, 0.10 g/t gold over 858.10 metres from 0.0 metres

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### UGD 189B

[Link to this fact](https://atlas-extractions.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--a6037185-1281-4620-b992-6cc85d8fbb04#fact-drill-facts-13)

Oyu Tolgoi · copper

#### Identity

- Hole ID: UGD 189B
- Project: Oyu Tolgoi
- Commodity: copper
- Region: mongolia
- Reported Region: mongolia
- Ticker: SAND

#### Geometry

- Grade: 2.3
- Grade Unit: %
- Intercept: 552 m
- From: 1226 m
- To: 1778 m
- Intercept Depth: 1226 m

#### Classification

- Sample Type: drill
- Group ID: UGD 189B:1226-1778

#### Location

- Location: Southwest Zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### 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 very significant intercept.

- Positive factor: strong copper grade

- Positive factor: exceptional width

Evidence · text

> UGD 189B : 552 metres grading 2.30% copper and 1.45 g/t gold from 1,226 metres

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### UGD 189B

[Link to this fact](https://atlas-extractions.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--a6037185-1281-4620-b992-6cc85d8fbb04#fact-drill-facts-14)

Oyu Tolgoi · gold

#### Identity

- Hole ID: UGD 189B
- Project: Oyu Tolgoi
- Commodity: gold
- Region: mongolia
- Reported Region: mongolia
- Ticker: SAND

#### Geometry

- Grade: 1.45
- Grade Unit: g/t
- Intercept: 552 m
- From: 1226 m
- To: 1778 m
- Intercept Depth: 1226 m

#### Classification

- Sample Type: drill
- Group ID: UGD 189B:1226-1778

#### Location

- Location: Southwest Zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-06-11T00:00:00.000Z

Reasoning: 1.45 g/t gold is a good grade for this system.

- Positive factor: solid gold grade

Evidence · text

> UGD 189B : 552 metres grading 2.30% copper and 1.45 g/t gold from 1,226 metres

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### UGD 876

[Link to this fact](https://atlas-extractions.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--a6037185-1281-4620-b992-6cc85d8fbb04#fact-drill-facts-15)

Oyu Tolgoi · copper

#### Identity

- Hole ID: UGD 876
- Project: Oyu Tolgoi
- Commodity: copper
- Region: mongolia
- Reported Region: mongolia
- Ticker: SAND

#### Geometry

- Grade: 2.72
- Grade Unit: %
- Intercept: 169.3 m
- From: 224.7 m
- To: 394 m
- Intercept Depth: 224.7 m

#### Classification

- Sample Type: drill
- Group ID: UGD 876:224.7-394

#### Location

- Location: Southwest Zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-06-11T00:00:00.000Z

Reasoning: 2.72% Cu is an exceptional grade.

- Positive factor: exceptional copper grade

Evidence · text

> UGD 876: 169.3 metres grading 2.72% copper and 0.82 g/t gold from 224.7 metres

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### UGD 876

[Link to this fact](https://atlas-extractions.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--a6037185-1281-4620-b992-6cc85d8fbb04#fact-drill-facts-16)

Oyu Tolgoi · gold

#### Identity

- Hole ID: UGD 876
- Project: Oyu Tolgoi
- Commodity: gold
- Region: mongolia
- Reported Region: mongolia
- Ticker: SAND

#### Geometry

- Grade: 0.82
- Grade Unit: g/t
- Intercept: 169.3 m
- From: 224.7 m
- To: 394 m
- Intercept Depth: 224.7 m

#### Classification

- Sample Type: drill
- Group ID: UGD 876:224.7-394

#### Location

- Location: Southwest Zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-06-11T00:00:00.000Z

Reasoning: 0.82 g/t gold is a moderate grade.

Evidence · text

> UGD 876: 169.3 metres grading 2.72% copper and 0.82 g/t gold from 224.7 metres

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### OEDD-131

[Link to this fact](https://atlas-extractions.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--a6037185-1281-4620-b992-6cc85d8fbb04#fact-drill-facts-17)

Odienné · gold

#### Identity

- Hole ID: OEDD-131
- Project: Odienné
- Commodity: gold
- Region: guyana
- Reported Region: guyana
- Ticker: SAND

#### Geometry

- Grade: 1.4
- Grade Unit: g/t
- Intercept: 45 m
- From: 220 m
- To: 265 m
- Intercept Depth: 220 m

#### Classification

- Sample Type: drill
- Group ID: OEDD-131:220-265

#### Location

- Location: Southwest Zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### 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: significant width

Evidence · text

> hole OEDD-131 returned 45.0 metres of 1.4 g/t gold and 0.41% copper from 220 metres

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### OEDD-131

[Link to this fact](https://atlas-extractions.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--a6037185-1281-4620-b992-6cc85d8fbb04#fact-drill-facts-18)

Odienné · copper

#### Identity

- Hole ID: OEDD-131
- Project: Odienné
- Commodity: copper
- Region: guyana
- Reported Region: guyana
- Ticker: SAND

#### Geometry

- Grade: 0.41
- Grade Unit: %
- Intercept: 45 m
- From: 220 m
- To: 265 m
- Intercept Depth: 220 m

#### Classification

- Sample Type: drill
- Group ID: OEDD-131:220-265

#### Location

- Location: Southwest Zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-06-11T00:00:00.000Z

Reasoning: 0.41% Cu is a moderate grade.

Evidence · text

> hole OEDD-131 returned 45.0 metres of 1.4 g/t gold and 0.41% copper from 220 metres

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### 25ODD-102

[Link to this fact](https://atlas-extractions.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--a6037185-1281-4620-b992-6cc85d8fbb04#fact-drill-facts-19)

Omai Gold Mine · gold

#### Identity

- Hole ID: 25ODD-102
- Project: Omai Gold Mine
- Commodity: gold
- Region: guyana
- Reported Region: guyana
- Ticker: SAND

#### Geometry

- Grade: 28.04
- Grade Unit: g/t
- Intercept: 9.3 m
- From: 361.2 m
- To: 370.5 m
- Intercept Depth: 361.2 m

#### Classification

- Sample Type: drill
- Group ID: 25ODD-102:361.2-370.5

#### Location

- Location: Southwest Zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### 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 intercept

Evidence · text

> 25ODD-102: 28.04 g/t gold over 9.3 metres from 361.2 metres

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SW-25-688

[Link to this fact](https://atlas-extractions.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--a6037185-1281-4620-b992-6cc85d8fbb04#fact-drill-facts-20)

Troilus · gold

#### Identity

- Hole ID: SW-25-688
- Project: Troilus
- Commodity: gold
- Region: canada\_qc
- Reported Region: canada\_qc
- Ticker: SAND

#### Geometry

- Grade: 2.03
- Grade Unit: g/t
- Intercept: 56 m
- From: 174 m
- To: 230 m
- Intercept Depth: 174 m

#### Classification

- Sample Type: drill
- Group ID: SW-25-688:174-230

#### Location

- Location: Southwest Zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### 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: significant 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

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SE-25-15

[Link to this fact](https://atlas-extractions.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--a6037185-1281-4620-b992-6cc85d8fbb04#fact-drill-facts-21)

Santa Elena · copper

#### Identity

- Hole ID: SE-25-15
- Project: Santa Elena
- Commodity: copper
- Region: mexico
- Reported Region: mexico
- Ticker: SAND

#### Geometry

- Grade: 1.07
- Grade Unit: %
- Intercept: 197 m
- From: 358 m
- To: 555 m

#### Classification

- Sample Type: drill

#### Location

- Location: Southwest Zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### 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

> 197 metres grading 1.07% copper and 0.38 g/t gold from 358 metres

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SE-25-15

[Link to this fact](https://atlas-extractions.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--a6037185-1281-4620-b992-6cc85d8fbb04#fact-drill-facts-22)

Santa Elena · copper

#### Identity

- Hole ID: SE-25-15
- Project: Santa Elena
- Commodity: copper
- Region: mexico
- Reported Region: mexico
- Ticker: SAND

#### Geometry

- Grade: 1.33
- Grade Unit: %
- Intercept: 89 m
- From: 360 m
- To: 449 m

#### Classification

- Sample Type: drill

#### Location

- Location: Southwest Zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### 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

> 89 metres grading 1.33% copper and 0.44 g/t gold; UGD 873A: 279 metres grading 1.12% copper and 0.16 g/t gold from 360 metres

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SE-25-15

[Link to this fact](https://atlas-extractions.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--a6037185-1281-4620-b992-6cc85d8fbb04#fact-drill-facts-23)

Santa Elena · copper

#### Identity

- Hole ID: SE-25-15
- Project: Santa Elena
- Commodity: copper
- Region: mexico
- Reported Region: mexico
- Ticker: SAND

#### Geometry

- Grade: 2.72
- Grade Unit: %
- Intercept: 169.3 m
- From: 224.7 m
- To: 394 m

#### Classification

- Sample Type: drill

#### Location

- Location: Southwest Zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### 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

> 169.3 metres grading 2.72% copper and 0.82 g/t gold from 224.7 metres

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SE-25-15

[Link to this fact](https://atlas-extractions.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--a6037185-1281-4620-b992-6cc85d8fbb04#fact-drill-facts-24)

Santa Elena · copper

#### Identity

- Hole ID: SE-25-15
- Project: Santa Elena
- Commodity: copper
- Region: mexico
- Reported Region: mexico
- Ticker: SAND

#### Geometry

- Grade: 3.33
- Grade Unit: %
- Intercept: 112 m
- From: 232 m
- To: 344 m

#### Classification

- Sample Type: drill

#### Location

- Location: Southwest Zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### 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

> 112 metres grading 3.33% copper and 0.81 g/t gold from 232 metres

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### OEDD-137

[Link to this fact](https://atlas-extractions.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--a6037185-1281-4620-b992-6cc85d8fbb04#fact-drill-facts-25)

Santa Elena · gold

#### Identity

- Hole ID: OEDD-137
- Project: Santa Elena
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: SAND

#### Geometry

- Grade: 5.2
- Grade Unit: g/t
- Intercept: 15 m
- From: 215 m
- To: 230 m

#### Classification

- Sample Type: drill

#### Location

- Location: Southwest Zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### 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

> 15.0 metres of 5.2 g/t gold from 215 metres

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### OEDD-137

[Link to this fact](https://atlas-extractions.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--a6037185-1281-4620-b992-6cc85d8fbb04#fact-drill-facts-26)

Santa Elena · gold

#### Identity

- Hole ID: OEDD-137
- Project: Santa Elena
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: SAND

#### Geometry

- Grade: 7.5
- Grade Unit: g/t
- Intercept: 10 m
- From: 44 m
- To: 54 m

#### Classification

- Sample Type: drill

#### Location

- Location: Southwest Zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### 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

> 10.0 metres of 7.5 g/t gold; OEDD-114: 16.0 metres of 3.0 g/t gold from 44 metres

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### OEDD-137

[Link to this fact](https://atlas-extractions.minestarters.com/news/sandstorm-gold-royalties-portfolio-drilling-and-exploration-highlights--a6037185-1281-4620-b992-6cc85d8fbb04#fact-drill-facts-27)

Santa Elena · gold

#### Identity

- Hole ID: OEDD-137
- Project: Santa Elena
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: SAND

#### Geometry

- Grade: 2.3
- Grade Unit: g/t
- Intercept: 19 m
- From: 76 m
- To: 95 m

#### Classification

- Sample Type: drill

#### Location

- Location: Southwest Zone
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### 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

> 19.0 metres of 2.3 g/t gold from 76 metres

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

## 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.
