Exploration

Adi Da-iro

Au
Cu
Sun Peak Metals Corp.

,

Ethiopia
Exploration

Adi Da-iro

Au
Cu
Sun Peak Metals Corp.

,

Ethiopia

The Aği Daği project is located in the Canakkale Province of western Türkiye and is an epithermal, high-sulphidation, disseminated gold system. Aği Daği has been designed as a 30,000 tpd open pit heap leach operation with a primary and secondary crushing circuit. Heap leaching will be applied to the crushed ore and then processed through an ADR plant where gold and silver doré will be produced. Annual production is expected to average 177,600 ounces of gold and 444,200 ounces of silver over five years, supported by a Proven and Probable Mineral Reserve of 54.4 million tonnes at 0.7 g/t gold and 5.4 g/t silver (as of Dec. 31, 2020).

Alamos received a positive decision on the Environmental Impact Assessment for Aği Daği and requires a land use permit, GSM permit and operation permit before mine construction can begin. Alamos expects a 36 month development timeline for the project but their current focus is on completing the permitting and development at the nearby Kirazli project. The objective is to utilize cash flows from Kirazli to help fund the development of Aği Daği.

Within 60 days of the commencement of commercial production at Aği Daği, Sandstorm will receive a production bonus of $6 million. The bonus is payable by Newmont Corporation who assumed the obligation when they acquired Fronteer Gold in 2011.

Description

Recent Activity

    February, 2017

    A Feasibility Study was completed in 2017 and demonstrated positive economics. Highlights include:
    ·       After-tax NPV of $298 million at an 8% discount rate and an after tax IRR of 39% using gold and silver price assumptions of $1,250 and $16 per ounce respectively.
    ·       Life of mine all-in sustaining costs of $411 per ounce.
    ·       Initial capital estimate of $250 million

Use the link below to browse a list of available technical reports for the projects within Sandstorm’s portfolio. For the most up-to-date information on each project, please refer to the project operator or developer.

Investor Presentation

Download the latest Investor Presentation to learn why Sandstorm is a gold investment that stands out from the rest.

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Asset Handbook

With 250 royalties acquired since 2009, we offer an exciting investment opportunity in a diverse portfolio of royalty assets. Discover all of Sandstorm’s royalties around the globe.

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Sustainability Report

Learn more about Sandstorm’s approach to sustainability including our due diligence process, mining partnerships, and emplovee engagement.

Download

2022 Annual Report

Our 2022 Annual Report includes the previous years Financial Statements and Management Discussion & Analysis as we a letter from Sandstorm’s President & CEO, Nolan Watson.

Download

Use the link below to browse a list of available technical reports for the projects within Sandstorm’s portfolio. For the most up-to-date information on each project, please refer to the project operator or developer.

Investor Presentation

Download the latest Investor Presentation to learn why Sandstorm is a gold investment that stands out from the rest.

Download

Asset Handbook

With 250 royalties acquired since 2009, we offer an exciting investment opportunity in a diverse portfolio of royalty assets. Discover all of Sandstorm’s royalties around the globe.

Download

Annual Report

Our 2023 Annual Report includes our annual Financial Statements and Management Discussion & Analysis and a letter from Sandstorm’s President & CEO.

Download

Sustainability Report

Learn more about Sandstorm’s approach to sustainability including our due diligence process, mining partnerships, and employee engagement.

Download