TORONTO, ONTARIO--(Marketwire - Nov. 14, 2011) - SANDSPRING RESOURCES LTD. (TSX VENTURE:SSP) ("Sandspring" or the "Company") is pleased to announce further results from its 2011 expansion and infill-drilling program at the Toroparu Gold-Copper Deposit in the Republic of Guyana, South America ("Toroparu").

The Company will host a conference call today, Monday November 14th at 11:30 AM EST to address questions regarding the recently signed Mineral Agreement and other developments (call-in details provided at the end of this press release).

The current infill program is specifically designed to confirm the extent and continuity of elevated grade along the orientation of higher grade mineralized lenses. These features were identified over the course of 2011 by additional definition drilling and improved resource and geologic modeling (Figures 1, 2, and 3).

Intercepts from drill holes TPD 242 and 247, drilled along strike and plunge of these lenses, highlight the extent of higher-grade mineralization located in the central part of the East Main Zone (Table 1). These results confirm our expectations and demonstrate good elevated gold and copper grade continuity and distribution to drill depths of over 600 m.

Further analytical results from the other infill holes TPD 248, 248A, 248B, 249 and 250, provide a better understanding of the geological controls and improve the quality and accuracy of the resource modeling.

Additionally, the Company is reporting results that include exploration drilling to the northwest and south of the currently defined resource area in holes TPD 239, 240, 243 and 245, as well as step-out and exploration drilling to the southeast of the main resource area in drill holes TPD 238, 241, and 244. Several intercepts in this area, often mineralized over widths of 10 meters or more, indicate the potential to find significant extensions of gold and copper mineralization to the southeast of the currently defined resource area.

Werner Claessens, VP Exploration states... "As we approach the end of the 2011 infill drill program, there is good reason to be satisfied with the results. Our understanding of the geological context of the gold/copper mineralization system at Toroparu has been greatly enhanced and we are working hard to complete the geological model for this deposit. It seems obvious these assay results will improve both the quality and size of the resource. Furthermore, we continue to obtain encouraging results from expansion drilling to the southeast of the current resource area, opening the possibility to extend the resource in this direction. The current phase of infill drilling, when complete, will expand total drilling from the 63,614 m contained in the Company's April 30th2011 Preliminary Assessment to approximately 125,000 metres allowing for an update of the resource model, the economics defined in the Preliminary Assessment, and the definition of a world-class resource that has the potential to be converted to reserve classifications in the upcoming pre-feasibility engineering of the project."

Regards,

Hg