Sandstorm Gold Ltd. is a resource-based Company. The Company’s operations include Aurizona Mine and the Serra Pelada Mine are located in Brazil, the Santa Elena Mine is located in Mexico, the Emigrant Springs Mine and the Mt. Hamilton Project are located in the United States of America, the Deflector Project is located in Australia, the Gualcamayo Mine is located in Argentina, MWS is located in South Africa, the Hugo North Extension and Heruga projects are located in Mongolia, the Karma Project is located in Burkina Faso and each of the Ming Mine, the Black Fox Mine, Bachelor Lake Mine, Prairie Creek Project and the Bracemac-McLeod Mine are located in Canada. The Hugo North Extension is a copper-gold porphyry deposit and Heruga is a copper gold-molybdenum porphyry deposit, located in the South Gobi desert of Mongolia. The Deflector Project is a gold and copper deposit located in the South Murchison, Western Australia.