SANDSTORM GOLD -- ehemals --Sandstorm Resources

Antwort auf Beitrag Nr.: 38.652.898 von sven641 am 01.01.10 13:25:00wer denkt sich denn so einen Firmen-Namen aus, da stecken doch sofort mords Erwartungen dahinter. Schaffen die das auch?

Soll das hier ein Diskussions-Thread oder ein Quiz werden?

Schlage vor, ihr seht euch mal die Homepage an..
http://www.sandstormresources.com/s/Home.asp

... und betreibt ein bisschen DD ..
dann erschließt sich einem sehr schnell
das geniale Geschäftsprinzip: Wenn Gold steigt,
explodiert Sandstorm ...

jo, zu seiner Zeit war es wohl ein Quiz

Heute 3,5 Mio. Umsatz in Canada - NEWS?

nix gesehen....

Sandstorm Provides Update on Aurizona Gold Production
marketwire

Press Release Source: Sandstorm Resources Ltd. On Monday March 1, 2010, 8:30 am

VANCOUVER, BRITISH COLUMBIA--(Marketwire - 03/01/10) - Sandstorm Resources Ltd. ("Sandstorm" or the "Corporation") (TSX-V:SSL - News) is pleased to announce that Luna Gold Corp. ("Luna") has begun commissioning of the gravity gold circuit on its wholly owned Aurizona mine in Brazil. Luna plans to produce gold from the gravity circuit and will save the tails to be further processed when the carbon-in-leach plant comes online in the second quarter of 2010. Further progress highlights include:

-- Completion of the tailings dam civil construction while the finishing
works are in progress;
-- Construction of the carbon-in-leach plant is underway and expected to be
completed in the second quarter of 2010;
-- Mining has commenced in the Piaba pit and currently there are in excess
of 100,000 tonnes of ore stockpiled.
-- Construction of the 69 kilovolt power line is in progress with planned
completion in the second quarter of 2010.


"Luna has done an excellent job developing and starting up this mine ahead of schedule," stated Nolan Watson, President and Chief Executive Officer of Sandstorm Resources. "We are very pleased to be involved in such a high quality property."

In accordance with Sandstorm's gold purchase agreement with Luna, Sandstorm is entitled to purchase 17% of the life of mine gold produced from the Aurizona mine at a per ounce price equal to the lesser of US$400 and the then prevailing market price.

ABOUT SANDSTORM RESOURCES

Sandstorm Resources Ltd. is a growth focused resource based company that seeks to complete transactions with companies that have advanced stage development projects or operating mines. By making upfront payments to its partners, Sandstorm receives volumetric production payments (i.e. metal stream deals) on precious metals. Sandstorm helps other companies in the resource industry grow their businesses, while acquiring attractive assets in the process.

Sandstorm is focused on low cost operations with excellent exploration potential and strong management teams. Sandstorm has completed volumetric production payments with Luna Gold Corp, SilverCrest Mines Inc. and Santa Fe Gold Corporation. For more information visit: www.sandstormresources.com.

Danke

Hört sich doch ganz gut an

Sandstorm Resources Acquires Gold Stream From Rambler Metals & Mining plc
marketwire

Press Release Source: Sandstorm Resources Ltd. On Thursday March 4, 2010, 3:00 am

VANCOUVER, BRITISH COLUMBIA--(Marketwire - 03/04/10) - Announcement Highlights:

- Sandstorm enters into Gold Volumetric Production Payment with Rambler's Copper-Gold Property in Newfoundland

- Sandstorm to purchase 25% of the first 175,000 ounces of payable gold from the Ming Mine and then 12% of the payable gold thereafter

- Sandstorm will make an upfront payment of US$5 million with cash on hand, and will make additional aggregate payments of US$15 million after certain conditions are met for a total payment of US$20 million

- No ongoing payments for ounces delivered

Sandstorm Resources Ltd. ("Sandstorm" or the "Corporation") (TSX-V:SSL - News) is pleased to announce that it has entered into a gold purchase agreement with Rambler Metals & Mining plc ("Rambler") (TSX-V:RAB - News)(AIM: RMM), a United Kingdom-based mining and exploration company.

Sandstorm has agreed to purchase 25% of the first 175,000 ounces of payable gold, and 12% of the payable gold thereafter, from Rambler's copper-gold Ming Mine (the "Ming Mine"), located on the Baie Verte Peninsula in Newfoundland, Canada. In consideration, Sandstorm will make staged upfront cash payments to Rambler totaling US$20,000,000 (the "Upfront Deposit"). The 'First Deposit' of US$5,000,000 will be paid to Rambler immediately. The 'Second Deposit' of US$2,000,000 will be paid to Rambler upon completion and delivery to Sandstorm of a satisfactory NI 43-101 compliant Feasibility Study, which Rambler anticipates completing in the second quarter of 2010. The 'Third Deposit' of US$13,000,000 will be paid to Rambler upon receipt of all necessary permits for the Ming Mine, which Rambler anticipates receiving in the second half of 2010.

"The future exploration potential on this asset is very promising," stated Nolan Watson, President and Chief Executive Officer of Sandstorm Resources, "Rambler's management team has done an exceptional job preparing this asset to go into production. With the recent Nugget Pond Mill acquisition and the permitting process nearly completed, we are confident that Rambler will be able to bring the asset into successful production within the next 12 to 18 months."

Rambler will be subject to the following completion guarantees:

1. The Ming Mine must begin gold production within 18 months of the closing of this transaction or Rambler will be required to fully refund the Upfront Deposit, plus 8% interest.

2. Within 24 months of the commencement of production, Rambler must have produced and sold a minimum of 24,000 ounces of payable gold or Sandstorm will have the option to require a partial refund of the Upfront Deposit.

3. Rambler will guarantee that Sandstorm will receive minimum cash flows from the contract of US$3,600,000 in the first year of production, US$3,600,000 in the second year of production and US$3,100,000 in the third year of production.

About The Ming Mine

The Ming Mine is a past producing underground massive sulfide copper-gold mine located in northwestern Newfoundland. The area has a strong history of gold, base metal and industrial minerals mining. Infrastructure is excellent and the Ming Mine is immediately adjacent to a major highway. A brief history of operations is summarized below:

- The Ming Mine contains the former producing Ming and Ming West copper-gold mines.

- The Ming Mine last operated in 1982 and produced some 2.1 million tons of ore grading 3.5% Cu and 2.5 g/t Au over 10 years of operations.

- Mining ceased when workings reached a neighboring property boundary.

A summary of the mineral resource as of February 19, 2009 of the Ming Mine is as follows (a full table including footnotes is included at the end of this news release):

�

Grades Contained Metal
Resource Quantity Copper Gold Silver Zinc Copper Silver Zinc
Classification (000't) % g/t g/t % tonnes Gold oz oz tonnes
----------------------------------------------------------------------------
Measured 1,151 2.14 2.40 14.11 0.78 24,605 88,808 522,245 8,954
Indicated 2,500 2.25 0.90 4.98 0.21 56,218 72,527 399,863 5,249
----------------------------------------------------------------------------
Total M&I 3,651 2.21 1.37 7.86 0.39 80,823 161,335 922,107 14,203

Inferred 1,498 1.72 2.05 9.36 0.63 25,836 98,740 450,673 9,369

- Mineral Resources are not Mineral Reserves and have not demonstrated
economic viability. All figures are rounded to reflect the accuracy of the
estimate. Cut off grades of 1.0 per cent copper for the massive sulfides,
1.25 grams per tonne gold for the 1806 zone, 1.25 per cent copper for the
upper footwall zone and 2.00 per cent for the lower footwall zone are
based on an NSR model and metal prices of US$1.92/lb copper, US$800/oz
gold, and US$10/oz silver. Zinc does not contribute to the revenues. These
are the total mineral resources for the Ming Mine, not the resources
attributable to Sandstorm through the Gold Volumetric Production Payment.


Rambler has recently purchased the Nugget Pond Mill located just 40 km from the Ming Mine. The gold concentrator will be adapted to process base metals sulfides from the Ming Mine through the addition of a copper flotation circuit as well as process the 'free gold' that exists in the Rambler geological system. The modification will diversify the existing facility and allow for a range of processing capabilities.

Rambler has recently compiled an internal business plan to develop the existing NI 43-101 compliant resource at the Ming Mine. The section of the report concerning the underground operation is already at a feasibility level while the work on surface engineering, including the concentrator, is at a scoping level. With the acquisition of the Nugget Pond facility, the detailed surface engineering can now be completed allowing for a full compliant NI 43-101 mine plan. Considering just the existing measured and indicated massive sulfide resources, as well as recently identified similar mineralized zones and an extraction rate of 850 metric tonnes per day, the Ming Mine is expected to have a significant life. This has the potential to increase, as all mineralized zones are open in multiple directions. The above plan also excludes the bulk tonnage lower footwall zone that Rambler intends to develop once it is in production. The internal business plan will form the basis of the full project evaluation which is expected to be publicly released during the first half of 2010.

Larry Pilgrim, B.Sc., P.Geo., Chief Mine Geologist with Rambler is the Qualified Person as defined under National Instrument 43-101 responsible for the scientific and technical disclosure in this press release. Additional information on the Ming Mine can be found in "Form 43-101F1 Technical Report Mineral Resource Estimate for the Ming Mine, Newfoundland Canada" dated April 8, 2009 filed on SEDAR at www.sedar.com under Rambler's profile. Sandstorm will file a technical report on SEDAR in support of this press release within 45 days of the date of this press release.

For more information on the Ming Mine, please visit the Rambler Metals & Mining website at www.ramblermines.com.