Development

Gladiator (West Arena)

Au
Bonterra Resources Inc.
Quebec

,

Canada

Acquisition:

2015 / 04 / 28

Agreement:

Royalty

Terms:

1.0% NSR

The West Arena property lies near the middle of the Urban-Barry Greenstone Belt, approximately 170 km northeast of Val-d’Or, Québec. The property contains the Gladiator gold deposit where Bonterra’s exploration programs have been focused. Gladiator contains highly altered, silicified, sheared mafic volcanics, with local intrusions of syenite and quartz porphyry. Gold occurs primarily in smokey quartz-carbonate and tourmaline veins ranging from 20 centimetres to 4 metres in width.

A Mineral Resource Estimate for the Gladiator deposit was published in June 2021 and contains 1.4 Mt grading 8.6 g/t for 391,000 ounces of gold in the Measured & Indicated category (2.6 g/t cut-off). Another 4.2 Mt grading 7.4 g/t gold for 989,000 ounces of gold is listed in the Inferred category. The Resource estimate is based on over 150 vein structures and clusters within seven structural groups.

Bonterra has initiated the permitting process for the development of a decline to complete a bulk sample at Gladiator. The project is being considered for providing 1,000 tpd of gold ore to the Urban-Barry mill, a nearby processing plant that is being expanded to handle throughput of 2,400 tpd.

Recent Activity
  • October 2024

    Gold Fields completed its acquisition of Osisko Mining and takes over the role of joint venture partner on the Urban-Barry properties.

  • August 2024

    Gold Fields Limited announced the acquisition of Osisko Mining, the joint venture partner on the Urban-Barry properties, which includes the Barry and Gladiator deposits. The transaction is valued at approximately C$2.16 billion and is expected to close in the fourth quarter of 2024.

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

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Asset Handbook

With over 230 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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