Tuesday, March 12, 2013

Sandspring Resources - SSP.v

Sandspring Resources - SSP.v is advancing the Toroparu Gold-Copper Deposit in Guyana.

The Company is progressing a Pre-feasibility Study (PFS) for Toroparu, which is expected to be completed in early 2013. 55,100 meters of resource definition drilling has increased the drill hole database by more than 40%.

On March 4, 2013 the company released NEWS

"Sandspring Resources Ltd. (TSX VENTURE:SSP) ("SSP" or the "Company") is pleased to announce further results from its 2012 geochemistry exploration program for the Upper Puruni Property (see figure 1).

Results from regional and detailed saprolite geochemical sampling, regional litho-structural interpretations, and the discovery of the SE Zone gold resource (see PR May 31st, 2012) indicate that the gold and copper mineralization identified in the Toroparu Deposit is part of a larger scale mineralizing event, and not an isolated system.