Sandstorm Gold Ltd. has learned that Luna Gold Corp. has provided additional positive assay results from the recently completed drilling program at the Aurizona mine. Significant mineralized intercepts from the 22 new holes are:

-- 68.00 metres @ 2.46 g/t Au including 11.00 metres @ 6.02 g/t Au and 3.00 metres @ 5.04 g/t Au in BRAZD368

-- 50.00 metres @ 3.87 g/t Au including 7.00 metres @ 8.47 g/t Au and 1.00 metre @ 53.30 g/t Au in BRAZD360

-- 13.00 metres @ 33.63 g/t Au including 4.00 metres @ 104.83 g/t Au in BRAZD367

Sandstorm President & CEO Nolan Watson commented, "The reported drill results from Luna's 40,000 metre drill program have been excellent and we look forward to the resource update in Q4, 2011."

Of the current 40,000 metre drill program, which commenced in August 2010, assays from 94 diamond drill holes totaling 24,577 metres have been received and samples from 40 additional holes are currently at the assay lab with the assays expected to be delivered within 15 days. Today's assay results are for 22 drill holes totaling 5,088 metres drilled on 12 sections covering a strike extent of 3.1 kilometres of the Piaba deposit. In two holes, core was not recovered from surface. Significant mineralized intercepts from holes drilled across the deposit are tabulated below.