Sandstorm Gold provides update on Yamana
Sandstorm Gold provided recent updates from the company's royalty properties. Yamana Gold continues to discover additional resources at the producing Chapada mine in Brazil and as a result has begun examining a potential plant expansion that would increase the processing rate from 23M tonnes per annum to a rate of up to 32 Mtpa. Yamana filed an updated NI 43-101 technical report on the Chapada mine during Q1 of 2018 which outlined a life of mine plan for 29 years of copper and gold production. Yamana has also made updates to the processing plant at Chapada in order to improve recoveries. Most recently a cleaner circuit expansion was commissioned to provide flexibility in processing various ore types. The upgrade has demonstrated improvements to both gold and copper recovery at higher processing rates, and while processing lower grade ores.