Sandspring Resources Ltd. Centennial, Colorado: TSX-V - SSP; is engaged in the exploration and development of mineral properties in the Republic of Guyana, South America.

The Company is currently advancing the multi-million ounce Toroparu Gold-Copper Deposit toward potential large-scale gold and copper production in 2015.

4.3 M Ounces Gold, 353 MM lbs By-Product Copper

The Toroparu Gold-Copper Deposit was discovered in 2007 on Sandspring’s 100% controlled Upper Puruni Property, a highly prospective area of contiguous mining claims located in the Upper Puruni River area of western Guyana.

Sandspring continues to explore its properties for additional multi-million ounce gold deposits.

Sandspring is led by a highly successful board of directors, experienced management team with more than a decade of mining experience in Guyana, and a world-class exploration team based in its capital city of Georgetown.

Toroparu Gold-Copper Project

The Toroparu Gold-Copper Project lies within Sandspring's 1,000 km2 Upper Puruni Area mining concessions, located in the heart of the Guiana Shield's prolific Mazaruni-Barama greenstone mineral belt; which is host to a number of multi-million ounce gold deposits including Las Cristinas, Las Brisas del Cuyuni, and Aurora.

The Toroparu Gold-Copper Resource, an 8.4 million ounce gold and 536 million pound copper resource, was first discovered in 2007 under a 10 km trend of historic alluvial and saprolite gold workings at Toroparu Hill.

To date, 91,878 metres of diamond core drilling results have identified a 2,100 x 300 x 500 metre block of shear hosted mineralization within a metamorphosed section of massive to intermediate volcanics and volcaniclastic sediments in contact with a younger granitic pluton. The Toroparu Gold-Copper Resource remains open in all directions.

The Preliminary PEA envisions a phased open pit mine plan, a 33,000 tonnes per day mill and associated infrastructure with life of mine production of 3.83 million ounces gold and 308 million pounds of copper.

Annual production over the first four years of operation is expected to average 310,000 ounces gold and 29 million pounds of copper. Based on the favorable economic assessment of the project, P&E recommends that the Company advances the Toroparu Gold-Copper Project to the Definitive Feasibility stage.

Highlights of the PEA include:

• Life of mine1 pre-tax net present value (NPV 5%) of $854 M and IRR of 24.5%.
• Life of mine1 production of 3.83 M oz. Gold and 308 M lb. Copper.
• 3.2 year payback of $617 M pre-production Capital Expenditures.
• Annual production of 310,000 oz. Gold and 29 M lb. Copper averaged over payback (years 1-4).
• Annual production of 273,000 oz. Gold and 20 M lb. Copper averaged over open pit mining operations (years 1-13).
• Cash cost of $317/oz. Au averaged over the first four years of operation (pre-tax), $424/oz. Au averaged over the 13-year open pit mining operations, and $448/oz. Au averaged over the 17-year life of mine (including the cost of processing the low-grade stockpile at the end of the open pit mining operations. All cash costs are net of Copper by-product credits.
• The environmental permitting process is at an advanced stage.