Exploration

Forrestania

Ni
IGO Limited
Western

,

Australia

Acquisition:

2016 / 09 / 16

Agreement:

Royalty

Terms:

1.0% GRR

The Forrestania property is located in Australia, about 400 km east of the City of Perth.

Sandstorm’s royalty covers approximately 42 sq km of the Forrestania property including a portion of the high grade Flying Fox nickel mine. Both the Flying Fox and the Spotted Quoll mines finished production in November 2023 and the remaining property remains prospective for additional nickel exploration and discovery.

Production at Flying Fox commenced in 2006 as an underground, long-hole stoping operation with low cash costs at under $3.00 per pound of nickel. The Flying Fox mineralization extended from 250 metres to 1.2 km below the surface and included discrete independent orebodies with high grade massive sulphide as well as a large volume of low grade disseminated mineralization. Resource grades ranged from 3.9% to 6.2% nickel and increased at depth.

Recent Activity

    Forrestania discontinued operations in the last quarter of 2023.

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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Annual Report

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

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Sustainability Report

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

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