Hackett River

Glencore plc

PHOTOS
INFO

The Hackett River property is located in Nunavut, Canada, approximately 480 km northeast of Yellowknife and 105 km south of the community of Bathurst Inlet, located on the Arctic Ocean. Hackett River is a silver-rich volcanogenic massive sulphide deposit within an Archean greenstone belt and the property contains four massive sulphide deposits (East Cleaver, Boot Lake, Main Zone and Jo Zone) that occur over a 6.6 km strike length.

A Preliminary Economic Assessment was completed in 2010 and evaluated a possible large-scale open pit and underground mining operation, processing up to 17,000 tpd. The proposed process plant was a crushing, grinding, flotation circuit that would produce a saleable concentrate for zinc, lead and copper with an emphasis on optimizing silver recovery. The projected average metal recoveries were 74.5% for copper, 55% for gold, 77% for silver, 85% for lead and 92% for zinc.

A Pre-Feasibility Study is underway and Glencore is re-interpreting the resource model using the data compiled from a 39,000 metre, 114-hole exploration drill program that was completed in 2013.

Terms

Sandstorm has a 2.0% NSR royalty that covers 7,141 hectares of the Hackett River property including the licenses where the mineral resources have been defined. Sandstorm acquired the royalty as part of a transaction with Teck Resources Ltd. in January 2016.

Key Streams & Royalties

DEVELOPMENT-STAGE
PRODUCING
ALL
Chapada | Yamana Gold Inc. Chapada | Yamana Gold Inc.
Black Fox | McEwen Mining Inc. Black Fox | McEwen Mining Inc.
Santa Elena | First Majestic Silver Corp. Santa Elena | First Majestic Silver Corp.
Bachelor Lake | Metanor Resources Inc. Bachelor Lake | Metanor Resources Inc.
Karma | Endeavour Mining Corporation Karma | Endeavour Mining Corporation
Cerro Moro | Yamana Gold Inc. Cerro Moro | Yamana Gold Inc.
Ming | Rambler Metals & Mining PLC Ming | Rambler Metals & Mining PLC
Hugo North Extension and Heruga | Entrée Resources Ltd. Hugo North Extension and Heruga | Entrée Resources Ltd.
Diavik | Rio Tinto plc Diavik | Rio Tinto plc
Hot Maden | Lidya Madencilik Hot Maden | Lidya Madencilik
Hackett River | Glencore plc Hackett River | Glencore plc
Lobo-Marte | Kinross Gold Corporation Lobo-Marte | Kinross Gold Corporation
Aurizona | Trek Mining Inc. Aurizona | Trek Mining Inc.
Bracemac-McLeod | Glencore plc Bracemac-McLeod | Glencore plc
Gualcamayo | Yamana Gold Inc. Gualcamayo | Yamana Gold Inc.
Emigrant Springs | Newmont Mining Corp. Emigrant Springs | Newmont Mining Corp.
Ağı Dağı and Kirazli | Alamos Gold Inc. Ağı Dağı and Kirazli | Alamos Gold Inc.
MWS | Anglogold Ashanti Limited MWS | Anglogold Ashanti Limited

Corporate Head Office

Suite 1400
400 Burrard Street
Vancouver, BC | V6C 3A6 Canada

604.689.0234
1.866.584.0234
604.689.7317

info@sandstormLTD.com
www.sandstormLTD.com

Investor Relations

Denver Harris

604.628.1178
1.866.584.0234 ext. 254

dharris@sandstormLTD.com
request more info