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Press Releases

May 20, 2009

Sandspring to Acquire Toroparu Gold--Copper Prospect with NI 43-101 Compliant Mineral Resource at 2.0 Million Indicated & 1.4 Million Inferred Au Equivalent Ounces

Sandspring Resources Ltd. (the "Corporation" or "Sandspring") (TSX-V: SSP.P) is pleased to announce that it is in receipt of an independent technical report and resource estimate (the "Technical Report"), prepared in accordance with National Instrument 43--101 -- Standards of Disclosure for Mineral Projects ("NI 43--101"), relating to the Toroparu Gold-Copper Prospect, Upper Puruni River Area, Guyana (the "Property") prepared by P&E Mining Consultants Inc. of Brampton, Ontario ("P&E") and dated January 6, 2009. The Technical Report is in support of Sandspring's proposed acquisition (the "Acquisition") of all of the issued and outstanding shares in the capital of GoldHeart Investment Holdings Ltd. ("GoldHeart") whose material operating subsidiary is ETK, Inc. ("ETK") the owner and operator of certain mineral exploration interests located in the Republic of Guyana, South America. The Technical Report was filed concurrently with this press release and is available for viewing under the Corporation's profile at www.sedar.com ("SEDAR").