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Sandstorm Resources Ltd. (CVE:SSL) provided gold production updates on the Santa Elena Mine, operated by SilverCrest Mines Inc. and the Summit Mine, operated by Santa Fe Gold Corp.
Sandstorm Resources Ltd. (TSXV:SSL) provided gold production updates on the Santa Elena Mine, operated by SilverCrest Mines Inc. and the Summit Mine, operated by Santa Fe Gold Corp.
The press release is quoted as saying:
SilverCrest recently poured its first gold and silver doré from the Santa Elena Mine, and sales are expected to begin imminently. The mine is currently being operated near its capacity and SilverCrest anticipates that it will be operating at full capacity by the end of this year. Sandstorm is entitled to purchase 20% of the life of mine gold produced at the Santa Elena Mine at a per ounce price equal to the lesser of USD$350 and the then prevailing market price.
Click here to access the entire press release
Click here to access Sandstorm Resources Ltd. Corporate Site