Sandstorm Gold Ltd. (“Sandstorm Gold Royalties” or the “Company”) (NYSE: SAND, TSX: SSL) is pleased to announce that Lidya Madencilik Sanayi ve Ticaret A.S. (“Lidya”), the operator of the Hod Maden project, has received the final approval of the Environmental Impact Assessment (“EIA”) for the project from the Ministry of Environment and Urbanization of Turkey. The results from the Hod Maden Feasibility Study are expected to be released in the coming weeks.
“The granting of the EIA represents a major milestone for the Hod Maden project,” announced Nolan Watson, Sandstorm’s President & CEO. “This approval marks the next development phase and triggers several key catalysts for Lidya including the application for the final permits and initiating long-lead construction items.”
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