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Press Releases

Jan 30, 2012

Sandspring announces significant increases in life of mine grade and cash flow; reduces initial capex for Toroparu Project

Increase in Measured and Indicated Resource to 6 million ounces gold. Updated PEA projects average fresh rock head grade of 1.2g/t gold and 0.18% copper for first five years of production. Expected five-year cash flow of US$750 million from US$482 million initial investment.