#Canada #Vancouver #Sandstorm Gold #Lundin Gold #First Majestic

Sandstorm Gold Royalties Reveals Exciting Drilling Updates from Its Exploration Projects

Sandstorm Gold Ltd., known for its strategic positioning in precious metals, has recently shared groundbreaking developments within its diverse stream and royalty portfolio. This update includes significant discoveries and achievements from various projects, providing a comprehensive look at the current state of its operations.

First Majestic's Santa Elena Discovery

One of the most notable announcements comes from First Majestic Silver Corp., which has confirmed a pivotal gold-silver discovery at its Santa Elena property in Sonora, Mexico. The newly discovered Santo Niño vein, located nearly 900 meters south of the Santa Elena processing facility, has been extensively traced and showcases a mineralized core of approximately 600 meters by 220 meters. The potential of this discovery is supported by impressive drilling results:

• - One notable intercept, hole SE-25-15, revealed 1.91 meters grading 8.38 grams per tonne gold and a staggering 248 grams per tonne silver, including a peak of 27.5 grams per tonne gold over 0.43 meters.
• - The discovery enhances the Santa Elena area's profile, which is now known to host four significant deposits, positioning it as a district-scale system ripe for further exploration.

The ongoing exploration is marked by an aggressive drilling strategy, with nine active rigs dedicated to maximizing the output and longevity of this key asset.

Lundin Gold Expands Fruta del Norte Drilling Program

In Ecuador, Lundin Gold has dramatically amplified its 2025 drilling program at the Fruta del Norte mine, expanding it to a remarkable 108,000 meters. This decision comes on the back of successful exploration results, confirming the continuity of the deposit.

Highlights from the recent drill results include:

• - High-grade intercepts at the Fruta del Norte South (FDNS) project, with drill hole FDN-C25-196 returning 72.80 g/t gold over 7.95 meters.
• - The newly discovered Trancaloma target confirms substantial copper-gold porphyry systems indicating potential for future growth.

These results promise a bright future for Lundin Gold as it integrates its findings into the long-term mining plan for Fruta del Norte.

Entrée Resources and Oyu Tolgoi Insights

Entrée Resources has reported compelling further results from its drilling on the Hugo North Extension at the Oyu Tolgoi mine in Mongolia. Highlights from recent analyses include:

• - Surface hole UGD 189B recorded 552 meters grading 2.30% copper and 1.45 g/t gold, with a standout 260-meter section showing 3.29% copper and 2.08 g/t gold.

These results underscore the significant mineralization potential in the area, with further results anticipated from ongoing drilling efforts.

Awalé Resources' Success at Odienné

Awalé Resources Ltd. has revealed strong outcomes from its drilling campaign at the Odienné project in Côte d'Ivoire, which includes multiple zones of high-grade intercepts:

• - The BBM Zone showcased a gold-copper system extending over one kilometer, exemplified by a drill hole returning 45.0 meters grading 1.4 g/t gold and 0.41% copper.
• - The Charger target also indicated substantial gold grades with multiple high-grade intercepts supporting the project’s scalability.

Awalé's strategy positions it as a promising entity within the mining sector, particularly with plans to establish a central processing facility at Odienné.

Omai Gold Mines Pushes Beyond Expectations

Completing 15,639 meters of drilling at the Omai gold mine in Guyana, Omai Gold Mines has surpassed its initial drilling targets with results extending known gold mineralization boundaries:

• - Drill hole 25ODD-102 revealed 28.04 g/t gold over 9.3 meters, emphasizing the deposit's strong gold content and potential for future extraction.

Troilus Gold Pursues Higher-Grade Mineralization

Lastly, Troilus Gold Corp. in Quebec, Canada, has initiated a drill campaign on the Troilus project focusing on determining higher-grade mineralization. The results are highly promising, with one hole reporting grades of over 2.03 g/t gold.

Overall, Sandstorm Gold Royalties is in a robust position, with its diversified projects showing promising developments across multiple countries. These discoveries and expansions highlight the company's commitment to enhancing its production portfolio while positioning itself for continued success in the precious metals market. For further details and updates about Sandstorm Gold, check their website at www.sandstormgold.com.