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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Veteran98 who wrote (202881)	8/24/2011 2:49:07 PM
From: Frankly Speaking	Read Replies (1) \| Respond to of 312781

Did you count your fingers?

To: Veteran98 who wrote (202881)	8/25/2011 10:11:48 AM
From: Veteran98	Respond to of 312781

SSP.... Sandspring drills 117 m of 1.49 g/t Au at Toroparu Ticker Symbol: C:SSP Sandspring drills 117 m of 1.49 g/t Au at Toroparu Sandspring Resources Ltd (C:SSP) Shares Issued 108,232,902 Last Close 8/24/2011 $1.86 Thursday August 25 2011 - News Release Mr. Abraham Drost reports SANDSPRING RESOURCES LTD. EXTENDS RESOURCE ENVELOPE BY 500 METRES ALONG STRIKE AND REPORTS DRILLING RESULTS THAT INCLUDE 117 M OF 1.49 G/T GOLD AND 0.10% COPPER IN TPD 216 An expansion and extended infill drilling program at the Toroparu gold-copper deposit in the Republic of Guyana, South America, continues to provide economic gold and copper assay results for Sandspring Resources Ltd. (summarized in the attached table). Results from Holes TPD 184-223 represent an additional 14,628 m of core drilling within the Toroparu Gold-Copper Deposit area (Fig. 1). A total of 36,790 m of results have now been reported from the current round of infill, step-out and off-trend exploration target drilling. The results continue to provide evidence to extend and enhance the Toroparu Gold-Copper Deposit resource in depth, laterally and along strike. A total of 106,506 m of diamond core drill results have now been reported from the Toroparu Gold-Copper Deposit area. The Company maintains a flexible, results-driven infill and step-out drill program within the Toroparu Gold-Copper Deposit area. The objective of this program is to optimize the existing measured and indicated resource grade and explore the open extent of the resource in preparation for Pre-Feasibility and Definitive Feasibility engineering of the Toroparu Gold-Copper project. Highlights -- Results from 4,757 m of infill drilling of TPD 185, 188, 194, 195, 196, 198, 201, 214, 215, 216, 218, 220, and 223, all drilled in the main mineralized zones (Fig. 1) demonstrate the continuity of mineralization and expansion potential of the gold resource, both laterally and at depth across the main mineralized lenses (Fig. 2,3,4). -- Results from step-out drilling at the northwestern edge of the Toroparu Gold-Copper Deposit area including TPD 190, 192, 209, 212, 213, 214 and 217 extend the strike length of known mineralization of the Toroparu resource by more than 500 meters to the northwest (Fig. 1). An infill drill program is planned in this area to define the potential to add economic Measured & Indicated Resource in to the ongoing mine development plan. -- Results from step-out drilling at the southeastern edge of the main mineralization zone, including TPD 193, 203 and 205, also indicate the potential for extension of mineralization both laterally and along strike in this portion of the Toroparu Gold-Copper Deposit Area (Fig. 5). In addition to step-out and infill drilling of the defined mineralized domains, the company continues exploration drilling in the Toroparu Deposit Area in search of mineralization that will further extend the resource or define satellite deposits to the known resource. Sandspring has completed approximately 50% of the regional ICP geochemical surveys previously announced across the larger Upper Puruni Area concessions on which the Toroparu Gold-Copper Deposit has been discovered. Results from these surveys covering the 175 km2 Puruni River Shear and 100 km2 Putareng Granitoid geologic structures, will be analyzed for follow up drilling utilizing a reverse circulation ("RC") rig that is expected to arrive in September 2011. RC drilling is likely to speed up both the ongoing exploration drilling of the Toroparu Gold-Copper Deposit area and anomalous areas defined on the geologic structures currently being surveyed within the Company's 1,000 km2 Upper Puruni Concession. Abraham Drost, P. Geo., President of Sandspring states... Additional infill drilling appears to confirm that higher grade gold mineralization is preferentially concentrated along broad corridors within the Toroparu Gold-Copper Deposit. This has positive implications for ongoing pre-feasibility resource optimization and mine planning and more rapid payback of pre-production capital at the Toroparu Gold-Copper project. In addition, indications of a significant deposit extension to the northwest continue to add to the future development pipeline within the Toroparu Gold-Copper mineralized system."