Development

North Timmins

Au
Gowest Gold Ltd.
Ontario

,

Canada

Acquisition:

2015 / 02 / 17

Agreement:

Royalty

Terms:

1.0% GSR

The North Timmins project consists of more than 100 km2 within the Abitibi Greenstone belt in Ontario. A Pre-Feasibility Study was completed in 2015 on the Bradshaw gold deposit, the most advanced gold project within the extensive property. The study evaluated an underground mine accessible by decline from surface with the primary mining method being longitudinal longhole stoping with unconsolidated and cemented crushed backfill.

Gowest has stockpiled more than 28,000 tonnes of development material on surface as part of a bulk sample program and has entered into a toll-milling agreement with Northern Sun Mining Corp. to process gold ore from Bradshaw at the Redstone Mill in Timmins, Ontario. The mill will produce a gold concentrate that will be shipped to the Humon Smelter in China.

The Probable Reserve at Bradshaw is effective as of June 2015 and contains 277 kozs of gold in 1.8 Mt at a grade of 4.8 g/t (3.0 g/t cut-off). The Indicated Mineral Resource consists of 1.2 Mt at 6.2 g/t gold for 422 kozs of contained gold (3.0 g/t cut-off). Gowest is exploring near-mine targets within one km of Bradshaw in order to grow the reserves and resources.

In the greater North Timmins project area, a regional program is exploring for additional gold targets in the many prospective areas on the property.

    September 2023

    Initial assay results from the first phase 5,000 m drill program at Bradshaw mine intersected gold mineralization. A total of 2,255 m of drilling has been completed by the end of August. The highest intercept was from hole GW23-321: 10.64 g/t Au over 2.6 m from 139 m, including 16.67 g/t Au over 1.5 m from 140 m.

    June 2023

    Since initiating operations in early April to restart Bradshaw, the mine site team has achieved two months of safe underground production. The drill team has been mobilized to site and long-hole stope drilling has begun at the East Zone. Work on the ventilation upgrade, which will support planned production increases in future, is progressing well.

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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