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Sandstorm Gold Announces Third Quarter Production Numbers, Provides Asset Updates

Sandstorm Gold Announces Third Quarter Production Numbers, Provides Asset Updates ...

articleSilver Sands Resources Corp.October 2, 20175/company/silver-sands-resources-corp/news/sandstorm-gold-announces-third-quarter-production-numbers-provides-asset-updates
Sandstorm Gold Announces Third Quarter Production Numbers, Provides Asset Updates

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[{"type":"text","content":"\n\n\n\nSandstorm Gold Announces Third Quarter Production Numbers, Provides Asset Updates\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Oct. 2, 2017\n\n\n\nVANCOUVER, Oct. 2, 2017 /CNW/ - Sandstorm Gold Ltd. (\"Sandstorm\" or the \"Company\") (NYSE MKT: SAND, TSX: SSL) is pleased to report the attributable gold equivalent ounces sold during the third quarter of 2017 and recent updates from the Company's royalty properties. \n\n—Sandstorm Sells 14,290 Gold Equivalent Ounces in Q3\n\nSandstorm sold approximately 14,290 gold equivalent ounces during the third quarter of 2017, the second highest quarterly total in Company history. The attributable gold equivalent ounces were delivered from 20 royalty assets.\n\nDuring the first 9 months of 2017 Sandstorm has sold approximately 42,600 gold equivalent ounces, consistent with the Company's sales forecast for the 2017 year of between 50,000 and 55,000 gold equivalent ounces. The Company is forecasting attributable gold equivalent production of approximately 130,000 ounces per annum in 2022. \n\nSandstorm President and CEO Nolan Watson commented, \"I'm glad to report that after three quarters we are on track to meet our stated production guidance for the year. Our royalty portfolio has reached a critical mass and is generating reliable cash flow from our producing assets and there are a number of exciting projects being developed and explored.\"\n\n—Asset Handbook Now Available \n\nSandstorm has compiled a comprehensive resource to allow for investors to better familiarize themselves with the Company's royalty portfolio. Version one of the Asset Handbook is now available and includes detailed information on Sandstorm's producing and development-stage royalty assets. Subsequent versions of the handbook will include a discussion of the exploration properties. \n\nThe Asset Handbook is available on the Sandstorm website at www.sandstormgold.com. \n\n— Royalties Acquired From Tsodilo Resources \n\nSandstorm has acquired three royalties from Tsodilo Resources Ltd. (\"Tsodilo\") on p...

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