Development

Horne 5

Ag
Au
Cu
Ni
Zn
Falco Resources Ltd.
Quebec

,

Canada

Acquisition:

2022 / 07 / 12

Agreement:

Royalty

Terms:

2.0% NSR

The Horne 5 deposit is part of the famous Horne Mine Complex, a past producing gold-silver-copper mine located in Quebec, Canada, 100%-owned by Falco Resources. The mine is located on the site of the former Quemont mine, which is located within the urban limits of the City of Rouyn-Noranda. Due to Horne 5’s urban location, excellent infrastructure is available and the site is easily accessible year-round via provincial highways.

An updated Feasibility Study was released in April 2021 that envisions an underground operation producing approximately 320,000 gold equivalent ounces (AuEq) annually over a 15-year mine life. Proven & Probable Mineral Reserves are 80.9 Mt at an average grade of 1.44 g/t gold, 14.14 g/t silver, 0.17% copper, and 0.77% zinc with an effective date of August 26, 2017 (NSR cutoff grade of C$55/tonne).

Falco Resources currently anticipates production to start at the end of 2025. Falco intends to carry out future optimization studies to evaluate alternate development scenarios that would be used to reduce the initial capital requirements and increase revenue in the early stage of the life of mine.

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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