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Toroparu Gold-Copper Project
                           Cuyuni – Mazaruni Region
SSP: TSX-V                     Western Guyana
SSPXF: OTC (US)
SRX: MU, BE, F (Germany)                              July 2011
(WKN A0YF1M)
Forward Looking Statements


    Cautionary Note Regarding Forward-Looking Information: Except for statements of historical fact relating to Sandspring Resources Ltd., (the “Company” or
    “Sandspring”), certain information contained in this presentation constitutes “forward-looking information” under Canadian and U.S. securities legislation. Forward-
    looking information includes, but is not limited to, statements with respect to the potential of the Company’s properties; the future price of gold; success of
    exploration activities; costs and timing of future exploration and development; the estimation of mineral resources; conclusions of economic evaluations; requirements
    for additional capital; and other statements relating to the financial and business prospects of the Company. Generally, forward-looking information can be identified
    by the use of forward-looking terminology such as “plans,” “expects,” or “does not expect,” “is expected”, “budget,” “scheduled,” “estimates,” “forecasts,” “intends,”
    “anticipates,” or “does not anticipate,” “believes,” or variations of such words and phrases. Forward-looking information is based on the reasonable assumptions,
    estimates, analysis and opinions of the management of the Company made in light of its experience and its perception of trends, current conditions and expected
    developments, as well as other factors that the management of the Company believes to be relevant and reasonable in the circumstances at the date that such
    statements are made. Forward-looking information is inherently subject to known and unknown risks, uncertainties and other factors that may cause the actual
    results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information,
    including but not limited to risks related to: the Company’s goal of creating shareholder value by concentrating on the development of the Toroparu Gold-Copper
    Project, believing that it has the potential to contain economic gold deposits; the Company’s assessment of future plans for the Upper Puruni property; managements’
    economic outlook regarding future trends; the Company’s exploration budget for the Upper Puruni property, and in particular, the availability of skilled labour, timing
    and the amount of the expected budget; the Company’s ability to meet its working capital needs at the current level in the short term; expectations with respect to
    raising capital; sensitivity analysis on financial instruments may vary from the amounts disclosed; and government regulation and environmental liability, as well as
    those risk factors discussed or referred to in the Company’s continuous disclosure filings with the securities regulatory authorities in Canada available at
    www.sedar.com. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in
    forward-looking information, other factors could also cause materially different results. There can be no assurance that forward-looking statements will prove to be
    accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on
    forward-looking information. The forward-looking information contained herein is presented for the purpose of assisting investors in understanding the Company’s
    expected financial and operational performance and the Company’s plans and objectives and may not be appropriate for other purposes. The Company does not
    undertake to update any forward-looking information, except in accordance with applicable securities laws.

    Cautionary Note to United States Investors Concerning Estimates of Measured, Indicated and Inferred Resources: This document uses the terms “Measured”,
    “Indicated” and “Inferred” Resources. United States investors are advised that while such terms are recognized and required by Canadian regulations, the United
    States Securities and Exchange Commission does not recognize them. “Inferred Mineral Resources” have a great amount of uncertainty as to their existence, and as to
    their economic and legal feasibility. It cannot be assumed that all or any part of an Inferred Mineral Resource will ever be upgraded to a higher category. Under
    Canadian rules, estimates of Inferred Mineral Resources may not form the basis of feasibility or other economic studies. United States investors are cautioned not to
    assume that all or any part of Measured or Indicated Mineral Resources will ever be converted into Mineral Reserves. United States investors are also cautioned
    not to assume that all or any part of an Inferred Mineral Resource exists, or is economically or legally mineable.




                                                                                                                                                                               2
Republic of Guyana – Great Development Potential




                                                           Toroparu                          Aurora
     •   English speaking commonwealth country

     •   Mining friendly jurisdiction - established Mining Act

     •   History of large-scale gold (Omai) & bauxite mining                                            Omai

     •   Emerging world-class gold producing district

     •   Gold production 17% of 2010 est. GDP1

     •   Small-scale artisanal miners produced ~300k ozs Gold in 2010

     •   Government policy encourages development of large-scale
         bedrock gold production
                                                                                        200 km

 1 2010 Guyana GDP estimated at $2,167 million, 300,000 ounces Au produced x $1,224.53 cum avg. price
 for 2010 ~17% of GDP (Source: World Bank, GGMC, SSP)
                                                                                                               3
Guiana Shield – Considerable Geologic Potential




                                      Aurora
                                  (Guyana GoldFields)
                                     6.7M oz.


            Toroparu
           (Sandspring)
             8.4 M oz.




    Source: Guyana Goldfields                           4
Multi-Million Ounce Gold Deposits of the Giuana Shield


 > 12 multi-million ounce
Guiana Shield gold deposits1
Venezuela                   In-situ Gold
                                                                             Choco
Choco (Rusoro)*                ~18 M ozs
                                                                                            Aurora | Sulphur Rose
Las Cristinas (CVG)            ~32 M ozs                       Las Cristinas| Las Brisas
                                                                                           Toroparu
Las Brisas (CVG)               ~11 M ozs                                                            Omai
                                                                                                                    Nassau | Gros Rosebel
Guyana                                                                                                                                 Camp Caiman
Aurora(Guyana Goldfields)       ~7 M ozs                                                                                     Yaou
                                                                                                                              Dorlin
Toroparu (Sandspring)           ~8 M ozs
Omai (Cambior – Closed)         ~4 M ozs

Suriname
Gros Rosebel (Iamgold)         ~15 M ozs
Merian-Nassau (Newmont)         ~4 M ozs

French Guiana
Yaou-Dorlin                     ~1 M ozs
Camp Caiman (Iamgold)           ~3 M ozs
                                                                                                                    Dardenne & Shobbenhaus, 2001




 1 Gold  resources shown are for global order-of-magnitude comparison purposes only and do not represent NI 43-101
 classification categories. * Currently producing mine                                                                                    5
Toroparu Mine Site – Platform for Large Scale Development


                                                                                                 •     9.8M AuEq oz. MI & I Resource1
                                                                                                 •     14 unit CAT excavation & support fleet
                                                                                                 •     Road + air accessible year-round
                                                                                                 •     2500’ all-weather airstrip
                                                                                                 •     225km road to tidewater
                                                                                                 •     120 person camp
                                                                                                 •     300 KVa power plant
                                                                                                 •     Permitted 3000tpd saprolite mine & mill
                                                                                                       (2004-06)
                                                                                                 •     Infill and step-out drilling in progress
                                                                                                 •     40 km of on-site access roads




  1)Measured & Indicated Resource of 3.514 million ozs Au and 330 million lbs Cu (4.349 million gold-equivalent ounces) Inferred Resource of
  4.928 million ozs Au and 236 million lbs Cu (5.535 million gold-equivalent ounces) both contained in an optimized pit at a cut-off > 0.24 g/t
  AuEq. (see page 2 in this presentation for cautionary statements regarding Inferred Resources).                                                 6
Seasoned Management Team


 DIRECTORS                                                                       Directors & Managers Experience
 John R. Adams BA, 1,2                    Chairman
                                                                    Energy Fuels Nuclear 1               Energy Fuels Coal 2
 P. Greg Barnes B.Sc., M.Sc. 3,4          Director
 Rich A. Munson B.A., J.D., L.L.M. 1,2    Director                  Cameco 6                             Barrick Gold Corp 7
 Abraham Drost M.Sc., P. Geo. 5           Director                  Etruscan Resources 10                QuadraFNX Mining 9
 Mark C. Maier B.Sc., MBA, CFA            Director                  Normandy Exploration 8               Sabina Silver Corp 5
 Gerald W. Grandey B.Sc., LLB 6           Independent Director      Baku Steel Company 4                 Marc Rich & Company 3
 Brad L. Doores B.A., J.D. 7              Independent Director
                                                                        Founders, Directors, & Management control 42 million
 David Constable B.Sc., MBA ,ICD.D 8,9    Independent Director
                                                                                  shares or 38% of issued SSP Stock

 MANAGEMENT
 Rich A. Munson B.A., J.D., L.L.M.        Chief Executive Officer
 Abraham Drost M.Sc., P. Geo              President                   Add picture
 P. Greg Barnes B.Sc., M.Sc.              Executive VP
 Scott Issel, B.Sc., MBA                  Chief Financial Officer
 Wes Adams                                Investor Relations
 Manager

 EXPLORATION TEAM
 L. Werner Claessens B.Sc., P. Geo   10   VP Exploration
 Pascal van Osta B.Sc., P. Geo 10         Exploration Manager
 Terry Naciuk B.Sc., P. Geo               Senior Geologist




                                                                                                                            7
Sandspring – Multiple Opportunities for Growth


                                                                       Development                                                  Exploration
            Foundation




      Toroparu
                                                                                                                                Exploration Potential
                                                                                                                        • World-class exploration team
                                                                  Development Potential
                                                                                                                        • Drilling Toroparu resource
                                                       • 5.4M AuEq oz. in preliminary mine plan2
                                                                                                                          extensions and satellite targets
                                                       • Avg. head grade is 1.08 g/t AuEq2
                                                                                                                        • Systematic regional exploration in
                 Foundation                            • Avg. Annual production: 275,000 ozs.
                                                                                                                          progress
• Seasoned management team                               gold and 21 M lbs. copper
                                                                                                                        • Sufficient capital to support both
• Significant in-country experience                    • $523/oz. AuEq production costs
                                                                                                                          exploration and development
• 1,000 sq. km mineral concession                      • $1.5 B LOM free cash @ $1137/oz.
                                                                                                                        • Road access to active exploration
• Well-established infrastructure                        Au,$3.13/lb Cu
                                                                                                                          areas
• Potential for resource growth                        • Advanced stage of permitting
                                                                                                                        • Sample-prep lab onsite (operated
• $6/oz. AuEq discovery cost                           • Production decision in 2012
                                                                                                                          by ACME Labs)
• Historical gold production on-site                   • Actively recruiting mine building team
 1)Measured & Indicated Resource of 3.514 million ozs Au and 330 million lbs Cu (4.349 million gold-equivalent ounces) Inferred Resource of 4.928 million
 ozs Au and 236 million lbs Cu (5.535 million gold-equivalent ounces) both contained in an optimized pit at a cut-off > 0.24 g/t AuEq. (see page 2 in this
 presentation for cautionary statements regarding Inferred Resources). 2) See NI 43-101 Potentially Mineable Resource table on page 11                       8
Historical Chart and Milestones achieved

             Corporate                           SSP: TSX-V    *
$4.00                                                                                                                                       Development
                                                                                                                                                              Mean Analyst
             Shares Issued                     108,132,902
                                                                                                                                            & Exploration      Price Target
             Options                              6,801,434                                                                                 Results
                                                                                                                     Permitting                                   $5.85
$3.50        Warrants                             5,560,582
                                                                                                   Resource
             Fully Diluted                     120,934,067                                         Updates

$3.00        52 week: Hi/Lo                   $3.75 - $1.18
             Avg. volume(3 mth)*                    260,451                       Drilling
                                                                                  Results
$2.50        Market Cap*                     $242.3 million                                                                   Oct 14, 2010: Financing
                                                                                                                              C$51M at $2.60 bought deal
             Cash Position                   ̴C$31.5 million

$2.00        Insider Holdings                   42,000,000                                                              Mar 21, 2011: NI 43-101 Resource Update
                                                                                                                        3.51M oz. Au, 330M lbs. Cu M&I,
                                                                                                                        4.93M oz. Au, 236M lbs. Cu Inferred

$1.50
                                                                                                           Sept 15, 2010: NI 43-101 Resource Update
                                                                                                           2.64m oz. Au, 261m lbs. Cu Indicated
                                                                                                           3.42m oz. Au, 216m lbs. Cu Inferred
$1.00                                      March 26, 2010: Financing
         •                                 C$14.5M at $1.60 Bought Deal
                                                                                                                                  May 10, 2011: PEA Tech Report Release
                                                                          June 3, 2010: NI 43-101 Resource Update
                             Nov 30, 2009: Opening Price                                                                          5.40 M oz AuEq1 pit at avg. 1.08 g/t AuEq grade
$0.50                                                                     2.9M oz. Au, 288m lbs. Cu indicated
                             First trade in open market at $0.70                                                                  $854 M NPV@ 5% & 24.5% IRR (pre-royalty & tax)
                                                                          0.9M oz. Au, 66m lbs. Cu inferred
                             C$9.00 M at $0.35 Prospectus Filing

$0.00
    Dec-09       Jan-10      Feb-10 Mar-10        Apr-10 May-10      Jun-10   Jul-10   Aug-10     Sep-10    Oct-10   Nov-10     Dec-10    Jan-11      Feb-11 Mar-11     Apr-11



        * As of June 22, 2011
                                                                                                                                                                         9
Development & Exploration Timelines

Toroparu
              2011                2012                   2013               2014              2015

      Pre-Feasibility              Feasibility &           Financing & Construction
      & Permitting                 Op Team


•   Environmental authorization   • Feasibility          • Construction     • Mill assembly   • Large-scale gold
•   Process optimization          • Establish mine         financing        • Pre-strip         and copper
•   Pit plan optimization           management &         • Mine             • Workforce         production
•   Geotechnical drilling           development team       construction       training
                                  • Mining permit        • Infrastructure
Exploration                                                development

    Testing Toroparu Extensions, Exploring Upper Puruni Concession and Beyond…

• In-country exploration office   • Regional mapping     • Country-wide     • Country-wide    • Project
• World-class geologists          • Satellite drilling     exploration        exploration       pipeline development
• Toroparu exploration program    • Joint property
• Regional mapping & sampling       evaluations


                                                                                                             10
5.40 M oz AuEq1 Mine Development Plan
1.08 g/t AuEq average grade of open pit operation at 0.5 g/t AuEq cut-off

Pit Statistics                                    1700W 13 year open pit operation with processing of low-grade stockpile in years 14-17
Phase I : Year 1-4
• 40 M tonnes - 252m depth                N                                                                                     Phase II
• 1.6 M ozs AuEq | 310k oz/a                                                                                                   1.03 AuEq
• 1.7:1 W/O | $318/oz Au2
                                                                                                                                                         Phase I
Phase II : Year 2-7                           500 M
                                                                                                                                                      1.26 g/t AuEq
• 55 M tonnes – 375m depth
• 1.85 M ozs AuEq
Phase III: Year 6-13
• 45 M tonnes - 480m depth
• 1.4 M ozs AuEq
All Phases
                                                      Phase III
• 140 M tonnes | 4.4:1 W/O
                                                   0.97 g/t AuEq
• 4.86 M ozs AuEq | 273 k oz/a
                                                                                                                                                             350E
• $525/oz AuEq | $449/oz Au2

                          NI 43-101 Potentially Mineable Portion of the Resource – P&E Mining Consultants – Feb 20111
                     Resource          Resource               Gold                     Copper                 Gold-Equivalent
                    Categories       Tonnage (000) Grade (g/t)       (k ozs)   Grade (%)      (M lbs)     Grade (g/t)    (k ozs)
             Measured & Indicated               91,505             0.91          2,672            0.13              253               1.14           3,354
                      Inferred                  48,749             0.81          1,273            0.08                89              0.96           1,505
               Total MI & Inferred            140,254              0.87          3,945            0.10              342              1.08            4,859
              Low-Grade Stockpile              39,012              0.31             374           0.06                11              0.42             527
1   The estimated 5.4 M ounce gold-equivalent potentially mineable resource is based on a 0.5 g/t gold equivalent mineable resource, 7% mine dilution at a
    diluting grade of 0.2 g/t Au and 0.03% Cu with 2.5% mining losses; includes the recovery of Au and Cu from a 39 million ton low-grade stockpile, grading 0.42
    g/t AuEq, accumulated during the 13 year open pit mining operation. Cut off based on mining cost of $1.28/t mined, processing cost of $6.62/ t milled, and
                                                                                                                                                                      11
    G&A cost of $1.52/t milled. 2 Cash operating cost per ounce gold net of value of by-product copper.
Process Flow Diagram- Traditional Flotation – Leach Recovery of
Gold and Copper

                            Fresh Rock                                                                              Saprolite Ore
                               30,000 t/d                                                                             3,000 t/d

                    Crushing                Pump Box                                              Washing Circuit                  Ball Milling

  Pebble
                  SAG Milling               Cyclones         Ball Milling                                 Screens                    Pump Box
  Crusher

                    Screens                                    Gravity                                                               Cyclones
                                                            Concentration
Bedrock Milling                                                                                    Gold Dore
                                                                                                                        Saprolite Milling
             Flotation Circuit                                                         Leach Circuit
                  Rougher Flotation
                                                                                      Leach Thickening
                     Regrinding

                     1st Cleaner                                                           Cyanidation                     Detox
                                                  Product Filtration
                     2nd Cleaner                                                                CIP

                                                        Copper-Gold                       Carbon Elution
  Tailings            Thickening                                                                                                                  Tailings
                                                        Concentrate
                                                                                                                         Gold Dore

                    Fresh Rock Recoveries                      Metalurgical Recoveries | Payable Metals
                                                                                                                             Saprolite Recoveries
      Rougher Floatation 90-93% Au, 95-97% Cu                                150mm Grind
                                                                                                                         Leach Recovery 91%
      Final Concentrate 150 tld, 70-78% Au, 76-82% Cu                  150tld Cu concentrate                                                             12
                                                                                                                         Payable Metals     91% Au
      Payable Metals      85% Au, 76% Cu                                25% Cu & 4.4 oz/t Au
Feb 2011 Preliminary Assessment of Toroparu Mine Plan


                                           PEA Base1               Sensitivity2
                                                                                                                                                               Potential
                                                                                         CapEx                       Pre-Prod       Sustaining         Total
     Economic Model Parameters                                                                                                                                  External
                                          24 mth trailiing         Avg. Feb 2011
                                                                                         ($million)                     CapEx            CapEx      CapEx       Finance
Au Price ($/oz)                                        1,137          1,373 (20%)        Road & Port                       110                        110      88 (80%)
                                                                                         On-Site Infra & indiects           57                         57             0
Cu Price ($/Lb)                                         3.13           4.40 ( 40%)
                                                                                         Power                              86                2        88       67 (80%
HFO Price ($/bbl)                                            70         100 (42%)        Mining Equip.                     106              163       269      85 (50%)
                                                                                         Processing                        245                        245
Diesel Price ($/Lt)                                     1.06           1.50 (42%)        Tailings                           13              135       148
Power Cost (¢/kWh)                                     11.60          15.90 (37%)
                                                                                         Alphonse Royalty                   20                         20
                                                                                         Total                             637              300       937       -240
Operating Cost ($/t milled)                            13.78          15.52 (13%)        Project Debt & Equity Requirement     397 M            * Company estimates
By-Product Cash Cost ($/Au oz)3                          442            524 (18%)

Pre-Production Capex                                  617 M          679 M (10%)

NPV 0%                                             1,565 M                2,063 M

NPV 5%                                                854 M               1,162 M

IRR %                                                   24.5                   28.6

Payback Period (Years)                                       3.2                   2.9

* NPV, IRR, and Payback Periods are calculated on Pre Tax (35%) &
Royalty(5%) basis



1) PEA base assumption derived on 17- year life of mine (13 year open pit + 4- year stockpile processing), metal and fuel prices based on 24-month trailing
avg. prices to February 28th 2011. 2) Current sensitivities based on average prices for Feb 2011. 3) Cash cost per ounce of recovered gold net of by-
                                                                                                                                                                  13
product copper value.
Exploration Potential - Expansion of higher grade gold and
  copper resources at Toroparu

                                     1700W


                       8.0
                       500M                                                                                                                                                    7.5
                       7.0
                                                                                                                                                                                     350E
                       6.0                                                                                                               6.0
   Gold (Million oz)




                       5.0
                                                                                                                                                                        4.4
                       4.0
                                                                                               3.8
                       3.0
                                                                                                                                   2.9                            2.8
                        2.0                              2.3                             2.3
                                                   1.8                                                                                                      1.9
                                                                                  1.4                                        1.5
                        1.0                  1.0                            0.9
                                       0.7                                                                           0.9
                        0.0
                                         0.50 g/t AuEq                        0.40 g/t AuEq                            0.42 g/t AuEq                           0.42 g/t AuEq
                                         Tech Rpt 153                         Tech Rpt 186                             Tech Rpt 193                            Tech Rpt 208
                                         Oct 26, 2008                         May 12, 2010                             Sep 12, 2010                            Feb 28, 2011
                              > 2.0 g/t Au Eq cut off          > 1.5 g/t Au Eq cut off               > 1 g/t Au Eq cut off               Resource @ constant cut-off grade *




* Total mineral resources are NI 43-101 compliant resources in excess of gold equivalent cut-off displayed in the corresponding label above the
effective date of each technical report, or as otherwise described in the legend of the chart                                                                                          14
Toroparu Deposit Area Drilling- Preparing for Definitive
 Feasibility Study

                                   2011 Toroparu Area Objectives

- Increase confidence in Toroparu Resource     - Expand mineralization and optimize grade shells at
  through infill drilling                        Toroparu
                                               - Exploratory drilling to test potentially mineralized
- Upgrade Inferred resources to Measured and
                                                 extensions of Toroparu Deposit
  Indicated status




                                                                                                   15
1,000 square kilometer Upper-Puruni Concession

 JERS Satellite & Sketch of Main Litho-structural Linéaments   Airborne Geophysics: Airborne Magnetic Reduced to Pole

                                 Toroparu Au-Cu Resource
                                          Trend




      SSP Claim Boundary             Major Regional Fault


                                                                                                                   16
Exploration Potential of Large Land Package


 2011 Regional Exploration Program Objectives

- Systematic regional exploration of Puruni Shear         Ameeba
  Zone & Putareng Granitoid areas of property              Hills
                                                            Northwest Toroparu
- Geochemical and Geophysical surveying of these                                      Timmermans | Manx
                                                                      Main Pit
  areas
- Development of drill targets in these areas                                Southeast Toroparu
- Drilling of potentially mineralized extensions of
  Toroparu deposit                                    Putareng Granitoid                     Puruni Shear Zone
- Analysis of Geochemical and geophysical data
  collected at Timmerman’s, Manx, Ameeba Hills,
  NW,SE Toroparu
- Drilling of new targets established through the              New Access Roads
  systematic regional exploration program




                                                                                                          17
What Sandspring is doing Today


    •   Optimizing potentially mineable resource toward feasibility
    •   Completing pre-feasibility engineering (LIDAR, Pit-Slope, Tailings, Metallurgical Testing)
    •   Recruiting mine management & development team
    •   Diamond rigs drilling up to 10,000 meters per month (step-out & Infill holes)
    •   4 regional soil sampling crews conducting regional ICP geochemical surveys of prospective areas
    •   Drill targets advancing at Ameeba Hills, Manx, and Timmermans Prospects
    •   Building access roads to active exploration areas
    •   Improving main access road for large-scale development




                                                                                                     18
Why Mine Development at Toroparu is Good for Guyana


 •   Estimated employment of 700 Guyanese citizens

 •   Supports government initiative to move from artisanal
     to large-scale mining

 •   Provides reliable access/infrastructure to growing
     resource district

 •   Production at Toroparu would double
     Guyana’s current gold production

 •   Could boost Guyana’s GDP by 20%

 •   Large tax revenue generator

 •   Builds foundation for future development




                                                             19
Significantly Undervalued vs. Development Gold Peers



                                                                                                                                                 Average
                                   Main Asset    Main Asset                                  Enterprise        LOM Avg.       LOM Avg.                            Total Resources      EV / Resources
            Company                                                      Stage                                                               Resource Grade
                                     Name         Location                                     Value           Production    Cash Costs                             (All Metals)        (All Metals)
                                                                                                                                               (All Metals)
                                                                                              (US$ millions)     (000s oz)     (US$ / oz)         (g/t Au Eq.)        (mm oz Au Eq.)      (US$ / oz)

  Gabriel                     Rosia Montana        Romania             Feasibility            $2,780              478           $393                  1.4                 15.0               $185
  Detour                           Detour Lake     Canada             Construction              2,030             645             511                 1.0                 27.0                  75
  Perseus                            CAGP           Ghana             Construction              1,150             265             624                 1.1                  7.0                 164
  Extorre                          Cerro Morro    Argentina          Scoping Study                 934            102             389                 2.2                  2.2                 415
  Rubicon                           Phoenix        Canada         Resource Estimate                928            190             335               17.3                   3.1                 304
  Romarco                             Haile      United States         Feasibility                 822            342             346                 1.7                  4.2                 196
  Guyana Goldfields                  Aurora        Guyana            Scoping Study                 711            265             384                 3.7                  7.1                 100
  International Tower Hill         Livengood     United States       Scoping Study                 593            539             575                 0.6                 20.2                  29
  Torex                             Morelos         Mexico        Resource Estimate                545            290             389                 4.6                  3.3                 165
  Keegan                             Esaase         Ghana         Resource Estimate                375            201             557                 1.1                  4.9                  76
  Orezone                           Bomboré      Burkina Faso     Resource Estimate                330            185             562                 1.0                  4.0                  82
  Andina                             Volcan          Chile           Pre-Feasibility               105            290             622                 0.7                 10.1                  10
  Average                                                                                        $942             316           $474                  3.0                  9.0               $150
                      (1)
  Junior Producers                                                                               $862                                                 2.8                  6.6               $157
                             (2)
  Intermediate Producers                                                                      $4,898                                                  3.7                 27.8               $206

  Sandspring                                                        Scoping Study                $226             273             449                 0.8                  9.8                 $23




 Source: Company Reports, Bloomberg, and BMO CM Equity Research
 Note: Gold equivalent reserves and resources calculated at street consensus long-term commodity price estimates; Market data as at May 20, 2011
 1. Includes Alamos, Aurizon, Avion, Avocet, CGA, Gammon, Golden Star, Jaguar, Kingsgate, Lake Shore, Minefinders, Oceana, Primero, Resolute, San Gold, and Teranga
 2. Includes African Barrick, Buenaventura, Centamin, Centerra, Eldorado, IAMGOLD, New Gold, Petropavlovsk, Randgold, and Semafo                                                                20
Why follow Sandspring?

• Large-scale Production Potential at Toroparu
  (Feb 2011 Preliminary Assessment valuation: $854 M pre-tax NPV5% )
     • Environmental authorization pending – Q3 2011
     • Recruitment of mine development team in progress
     • Pre-feasibility level engineering in progress
• Potential to Expand current gold-copper resources at Toroparu (8.4M oz Au &
  550M lb Cu discovered on approximately 2% of land package)
• Exposure to the Guiana Shield - one of the top new gold exploration areas in the
  world
• Significant new discovery potential on 1,000 km2 land package
• World-class greenstone geologists leading exploration team
• Historically successful board and management with large ownership interest
• Operational Capacity to support both Exploration and Development
     • Sufficient cash available for both exploration and mine development


                                                                                     21
Corporate Snapshot


     Symbol                    SSP: TSX-V                  Top Shareholders             Shares        %
     Shares Issued              108,132,902      Crescent Global Gold Ltd. (Insiders)   27,658,241 25.60

     Options                       6,801,434     Mercedario Ltd. (Local Partner)         7,631,258    7.06

     Warrants                      5,560,582     Libra Advisors LLC                      6,286,500    5.82

     Diluted                    120,934,067      RBC Global Assets Managements Inc       5,858,400    5.42

     52 week: Hi/Lo             $3.75 - $1.18    AGF Investments Inc.                    2,197,476    2.03
                                                 Alphonso (Local Partner)                1,722,268    1.59
     3-month average volume         260,451*
                                                 Sprott Asset Management LP              1,442,900    1.34
     Market Cap                $254 million*
                                                 Mark C Maier (Insider)                  1,215,254    1.12
     Cash Position             ̴C$31.5 million
                                                 John R. Adams (Insider)                 715,702        .66
     Debt                                  $0
                                                 Goodman & Company Investment Counsel    500,000        .46


     Analyst Coverage
     RBC Capital Markets

     Mackie Research Capital

     Jennings Capital                                                                        *As of June 22, 2011



  * As of June 22,2011
                                                                                                       22
Contact Information



  Head Office:                           For Additional Information:

  Sandspring Resources                   Email: info@sandspringresources.com
  8000 South Chester Street, Suite 375
  Centennial, CO 80112
  Telephone: 720-854-0104
  Fax: 303-480-1449




                                                                           23

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Ssp june 27

  • 1. Toroparu Gold-Copper Project Cuyuni – Mazaruni Region SSP: TSX-V Western Guyana SSPXF: OTC (US) SRX: MU, BE, F (Germany) July 2011 (WKN A0YF1M)
  • 2. Forward Looking Statements Cautionary Note Regarding Forward-Looking Information: Except for statements of historical fact relating to Sandspring Resources Ltd., (the “Company” or “Sandspring”), certain information contained in this presentation constitutes “forward-looking information” under Canadian and U.S. securities legislation. Forward- looking information includes, but is not limited to, statements with respect to the potential of the Company’s properties; the future price of gold; success of exploration activities; costs and timing of future exploration and development; the estimation of mineral resources; conclusions of economic evaluations; requirements for additional capital; and other statements relating to the financial and business prospects of the Company. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans,” “expects,” or “does not expect,” “is expected”, “budget,” “scheduled,” “estimates,” “forecasts,” “intends,” “anticipates,” or “does not anticipate,” “believes,” or variations of such words and phrases. Forward-looking information is based on the reasonable assumptions, estimates, analysis and opinions of the management of the Company made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that the management of the Company believes to be relevant and reasonable in the circumstances at the date that such statements are made. Forward-looking information is inherently subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to risks related to: the Company’s goal of creating shareholder value by concentrating on the development of the Toroparu Gold-Copper Project, believing that it has the potential to contain economic gold deposits; the Company’s assessment of future plans for the Upper Puruni property; managements’ economic outlook regarding future trends; the Company’s exploration budget for the Upper Puruni property, and in particular, the availability of skilled labour, timing and the amount of the expected budget; the Company’s ability to meet its working capital needs at the current level in the short term; expectations with respect to raising capital; sensitivity analysis on financial instruments may vary from the amounts disclosed; and government regulation and environmental liability, as well as those risk factors discussed or referred to in the Company’s continuous disclosure filings with the securities regulatory authorities in Canada available at www.sedar.com. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, other factors could also cause materially different results. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The forward-looking information contained herein is presented for the purpose of assisting investors in understanding the Company’s expected financial and operational performance and the Company’s plans and objectives and may not be appropriate for other purposes. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. Cautionary Note to United States Investors Concerning Estimates of Measured, Indicated and Inferred Resources: This document uses the terms “Measured”, “Indicated” and “Inferred” Resources. United States investors are advised that while such terms are recognized and required by Canadian regulations, the United States Securities and Exchange Commission does not recognize them. “Inferred Mineral Resources” have a great amount of uncertainty as to their existence, and as to their economic and legal feasibility. It cannot be assumed that all or any part of an Inferred Mineral Resource will ever be upgraded to a higher category. Under Canadian rules, estimates of Inferred Mineral Resources may not form the basis of feasibility or other economic studies. United States investors are cautioned not to assume that all or any part of Measured or Indicated Mineral Resources will ever be converted into Mineral Reserves. United States investors are also cautioned not to assume that all or any part of an Inferred Mineral Resource exists, or is economically or legally mineable. 2
  • 3. Republic of Guyana – Great Development Potential Toroparu Aurora • English speaking commonwealth country • Mining friendly jurisdiction - established Mining Act • History of large-scale gold (Omai) & bauxite mining Omai • Emerging world-class gold producing district • Gold production 17% of 2010 est. GDP1 • Small-scale artisanal miners produced ~300k ozs Gold in 2010 • Government policy encourages development of large-scale bedrock gold production 200 km 1 2010 Guyana GDP estimated at $2,167 million, 300,000 ounces Au produced x $1,224.53 cum avg. price for 2010 ~17% of GDP (Source: World Bank, GGMC, SSP) 3
  • 4. Guiana Shield – Considerable Geologic Potential Aurora (Guyana GoldFields) 6.7M oz. Toroparu (Sandspring) 8.4 M oz. Source: Guyana Goldfields 4
  • 5. Multi-Million Ounce Gold Deposits of the Giuana Shield > 12 multi-million ounce Guiana Shield gold deposits1 Venezuela In-situ Gold Choco Choco (Rusoro)* ~18 M ozs Aurora | Sulphur Rose Las Cristinas (CVG) ~32 M ozs Las Cristinas| Las Brisas Toroparu Las Brisas (CVG) ~11 M ozs Omai Nassau | Gros Rosebel Guyana Camp Caiman Aurora(Guyana Goldfields) ~7 M ozs Yaou Dorlin Toroparu (Sandspring) ~8 M ozs Omai (Cambior – Closed) ~4 M ozs Suriname Gros Rosebel (Iamgold) ~15 M ozs Merian-Nassau (Newmont) ~4 M ozs French Guiana Yaou-Dorlin ~1 M ozs Camp Caiman (Iamgold) ~3 M ozs Dardenne & Shobbenhaus, 2001 1 Gold resources shown are for global order-of-magnitude comparison purposes only and do not represent NI 43-101 classification categories. * Currently producing mine 5
  • 6. Toroparu Mine Site – Platform for Large Scale Development • 9.8M AuEq oz. MI & I Resource1 • 14 unit CAT excavation & support fleet • Road + air accessible year-round • 2500’ all-weather airstrip • 225km road to tidewater • 120 person camp • 300 KVa power plant • Permitted 3000tpd saprolite mine & mill (2004-06) • Infill and step-out drilling in progress • 40 km of on-site access roads 1)Measured & Indicated Resource of 3.514 million ozs Au and 330 million lbs Cu (4.349 million gold-equivalent ounces) Inferred Resource of 4.928 million ozs Au and 236 million lbs Cu (5.535 million gold-equivalent ounces) both contained in an optimized pit at a cut-off > 0.24 g/t AuEq. (see page 2 in this presentation for cautionary statements regarding Inferred Resources). 6
  • 7. Seasoned Management Team DIRECTORS Directors & Managers Experience John R. Adams BA, 1,2 Chairman Energy Fuels Nuclear 1 Energy Fuels Coal 2 P. Greg Barnes B.Sc., M.Sc. 3,4 Director Rich A. Munson B.A., J.D., L.L.M. 1,2 Director Cameco 6 Barrick Gold Corp 7 Abraham Drost M.Sc., P. Geo. 5 Director Etruscan Resources 10 QuadraFNX Mining 9 Mark C. Maier B.Sc., MBA, CFA Director Normandy Exploration 8 Sabina Silver Corp 5 Gerald W. Grandey B.Sc., LLB 6 Independent Director Baku Steel Company 4 Marc Rich & Company 3 Brad L. Doores B.A., J.D. 7 Independent Director Founders, Directors, & Management control 42 million David Constable B.Sc., MBA ,ICD.D 8,9 Independent Director shares or 38% of issued SSP Stock MANAGEMENT Rich A. Munson B.A., J.D., L.L.M. Chief Executive Officer Abraham Drost M.Sc., P. Geo President Add picture P. Greg Barnes B.Sc., M.Sc. Executive VP Scott Issel, B.Sc., MBA Chief Financial Officer Wes Adams Investor Relations Manager EXPLORATION TEAM L. Werner Claessens B.Sc., P. Geo 10 VP Exploration Pascal van Osta B.Sc., P. Geo 10 Exploration Manager Terry Naciuk B.Sc., P. Geo Senior Geologist 7
  • 8. Sandspring – Multiple Opportunities for Growth Development Exploration Foundation Toroparu Exploration Potential • World-class exploration team Development Potential • Drilling Toroparu resource • 5.4M AuEq oz. in preliminary mine plan2 extensions and satellite targets • Avg. head grade is 1.08 g/t AuEq2 • Systematic regional exploration in Foundation • Avg. Annual production: 275,000 ozs. progress • Seasoned management team gold and 21 M lbs. copper • Sufficient capital to support both • Significant in-country experience • $523/oz. AuEq production costs exploration and development • 1,000 sq. km mineral concession • $1.5 B LOM free cash @ $1137/oz. • Road access to active exploration • Well-established infrastructure Au,$3.13/lb Cu areas • Potential for resource growth • Advanced stage of permitting • Sample-prep lab onsite (operated • $6/oz. AuEq discovery cost • Production decision in 2012 by ACME Labs) • Historical gold production on-site • Actively recruiting mine building team 1)Measured & Indicated Resource of 3.514 million ozs Au and 330 million lbs Cu (4.349 million gold-equivalent ounces) Inferred Resource of 4.928 million ozs Au and 236 million lbs Cu (5.535 million gold-equivalent ounces) both contained in an optimized pit at a cut-off > 0.24 g/t AuEq. (see page 2 in this presentation for cautionary statements regarding Inferred Resources). 2) See NI 43-101 Potentially Mineable Resource table on page 11 8
  • 9. Historical Chart and Milestones achieved Corporate SSP: TSX-V * $4.00 Development Mean Analyst Shares Issued 108,132,902 & Exploration Price Target Options 6,801,434 Results Permitting $5.85 $3.50 Warrants 5,560,582 Resource Fully Diluted 120,934,067 Updates $3.00 52 week: Hi/Lo $3.75 - $1.18 Avg. volume(3 mth)* 260,451 Drilling Results $2.50 Market Cap* $242.3 million Oct 14, 2010: Financing C$51M at $2.60 bought deal Cash Position ̴C$31.5 million $2.00 Insider Holdings 42,000,000 Mar 21, 2011: NI 43-101 Resource Update 3.51M oz. Au, 330M lbs. Cu M&I, 4.93M oz. Au, 236M lbs. Cu Inferred $1.50 Sept 15, 2010: NI 43-101 Resource Update 2.64m oz. Au, 261m lbs. Cu Indicated 3.42m oz. Au, 216m lbs. Cu Inferred $1.00 March 26, 2010: Financing • C$14.5M at $1.60 Bought Deal May 10, 2011: PEA Tech Report Release June 3, 2010: NI 43-101 Resource Update Nov 30, 2009: Opening Price 5.40 M oz AuEq1 pit at avg. 1.08 g/t AuEq grade $0.50 2.9M oz. Au, 288m lbs. Cu indicated First trade in open market at $0.70 $854 M NPV@ 5% & 24.5% IRR (pre-royalty & tax) 0.9M oz. Au, 66m lbs. Cu inferred C$9.00 M at $0.35 Prospectus Filing $0.00 Dec-09 Jan-10 Feb-10 Mar-10 Apr-10 May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10 Jan-11 Feb-11 Mar-11 Apr-11 * As of June 22, 2011 9
  • 10. Development & Exploration Timelines Toroparu 2011 2012 2013 2014 2015 Pre-Feasibility Feasibility & Financing & Construction & Permitting Op Team • Environmental authorization • Feasibility • Construction • Mill assembly • Large-scale gold • Process optimization • Establish mine financing • Pre-strip and copper • Pit plan optimization management & • Mine • Workforce production • Geotechnical drilling development team construction training • Mining permit • Infrastructure Exploration development Testing Toroparu Extensions, Exploring Upper Puruni Concession and Beyond… • In-country exploration office • Regional mapping • Country-wide • Country-wide • Project • World-class geologists • Satellite drilling exploration exploration pipeline development • Toroparu exploration program • Joint property • Regional mapping & sampling evaluations 10
  • 11. 5.40 M oz AuEq1 Mine Development Plan 1.08 g/t AuEq average grade of open pit operation at 0.5 g/t AuEq cut-off Pit Statistics 1700W 13 year open pit operation with processing of low-grade stockpile in years 14-17 Phase I : Year 1-4 • 40 M tonnes - 252m depth N Phase II • 1.6 M ozs AuEq | 310k oz/a 1.03 AuEq • 1.7:1 W/O | $318/oz Au2 Phase I Phase II : Year 2-7 500 M 1.26 g/t AuEq • 55 M tonnes – 375m depth • 1.85 M ozs AuEq Phase III: Year 6-13 • 45 M tonnes - 480m depth • 1.4 M ozs AuEq All Phases Phase III • 140 M tonnes | 4.4:1 W/O 0.97 g/t AuEq • 4.86 M ozs AuEq | 273 k oz/a 350E • $525/oz AuEq | $449/oz Au2 NI 43-101 Potentially Mineable Portion of the Resource – P&E Mining Consultants – Feb 20111 Resource Resource Gold Copper Gold-Equivalent Categories Tonnage (000) Grade (g/t) (k ozs) Grade (%) (M lbs) Grade (g/t) (k ozs) Measured & Indicated 91,505 0.91 2,672 0.13 253 1.14 3,354 Inferred 48,749 0.81 1,273 0.08 89 0.96 1,505 Total MI & Inferred 140,254 0.87 3,945 0.10 342 1.08 4,859 Low-Grade Stockpile 39,012 0.31 374 0.06 11 0.42 527 1 The estimated 5.4 M ounce gold-equivalent potentially mineable resource is based on a 0.5 g/t gold equivalent mineable resource, 7% mine dilution at a diluting grade of 0.2 g/t Au and 0.03% Cu with 2.5% mining losses; includes the recovery of Au and Cu from a 39 million ton low-grade stockpile, grading 0.42 g/t AuEq, accumulated during the 13 year open pit mining operation. Cut off based on mining cost of $1.28/t mined, processing cost of $6.62/ t milled, and 11 G&A cost of $1.52/t milled. 2 Cash operating cost per ounce gold net of value of by-product copper.
  • 12. Process Flow Diagram- Traditional Flotation – Leach Recovery of Gold and Copper Fresh Rock Saprolite Ore 30,000 t/d 3,000 t/d Crushing Pump Box Washing Circuit Ball Milling Pebble SAG Milling Cyclones Ball Milling Screens Pump Box Crusher Screens Gravity Cyclones Concentration Bedrock Milling Gold Dore Saprolite Milling Flotation Circuit Leach Circuit Rougher Flotation Leach Thickening Regrinding 1st Cleaner Cyanidation Detox Product Filtration 2nd Cleaner CIP Copper-Gold Carbon Elution Tailings Thickening Tailings Concentrate Gold Dore Fresh Rock Recoveries Metalurgical Recoveries | Payable Metals Saprolite Recoveries Rougher Floatation 90-93% Au, 95-97% Cu 150mm Grind Leach Recovery 91% Final Concentrate 150 tld, 70-78% Au, 76-82% Cu 150tld Cu concentrate 12 Payable Metals 91% Au Payable Metals 85% Au, 76% Cu 25% Cu & 4.4 oz/t Au
  • 13. Feb 2011 Preliminary Assessment of Toroparu Mine Plan PEA Base1 Sensitivity2 Potential CapEx Pre-Prod Sustaining Total Economic Model Parameters External 24 mth trailiing Avg. Feb 2011 ($million) CapEx CapEx CapEx Finance Au Price ($/oz) 1,137 1,373 (20%) Road & Port 110 110 88 (80%) On-Site Infra & indiects 57 57 0 Cu Price ($/Lb) 3.13 4.40 ( 40%) Power 86 2 88 67 (80% HFO Price ($/bbl) 70 100 (42%) Mining Equip. 106 163 269 85 (50%) Processing 245 245 Diesel Price ($/Lt) 1.06 1.50 (42%) Tailings 13 135 148 Power Cost (¢/kWh) 11.60 15.90 (37%) Alphonse Royalty 20 20 Total 637 300 937 -240 Operating Cost ($/t milled) 13.78 15.52 (13%) Project Debt & Equity Requirement 397 M * Company estimates By-Product Cash Cost ($/Au oz)3 442 524 (18%) Pre-Production Capex 617 M 679 M (10%) NPV 0% 1,565 M 2,063 M NPV 5% 854 M 1,162 M IRR % 24.5 28.6 Payback Period (Years) 3.2 2.9 * NPV, IRR, and Payback Periods are calculated on Pre Tax (35%) & Royalty(5%) basis 1) PEA base assumption derived on 17- year life of mine (13 year open pit + 4- year stockpile processing), metal and fuel prices based on 24-month trailing avg. prices to February 28th 2011. 2) Current sensitivities based on average prices for Feb 2011. 3) Cash cost per ounce of recovered gold net of by- 13 product copper value.
  • 14. Exploration Potential - Expansion of higher grade gold and copper resources at Toroparu 1700W 8.0 500M 7.5 7.0 350E 6.0 6.0 Gold (Million oz) 5.0 4.4 4.0 3.8 3.0 2.9 2.8 2.0 2.3 2.3 1.8 1.9 1.4 1.5 1.0 1.0 0.9 0.7 0.9 0.0 0.50 g/t AuEq 0.40 g/t AuEq 0.42 g/t AuEq 0.42 g/t AuEq Tech Rpt 153 Tech Rpt 186 Tech Rpt 193 Tech Rpt 208 Oct 26, 2008 May 12, 2010 Sep 12, 2010 Feb 28, 2011 > 2.0 g/t Au Eq cut off > 1.5 g/t Au Eq cut off > 1 g/t Au Eq cut off Resource @ constant cut-off grade * * Total mineral resources are NI 43-101 compliant resources in excess of gold equivalent cut-off displayed in the corresponding label above the effective date of each technical report, or as otherwise described in the legend of the chart 14
  • 15. Toroparu Deposit Area Drilling- Preparing for Definitive Feasibility Study 2011 Toroparu Area Objectives - Increase confidence in Toroparu Resource - Expand mineralization and optimize grade shells at through infill drilling Toroparu - Exploratory drilling to test potentially mineralized - Upgrade Inferred resources to Measured and extensions of Toroparu Deposit Indicated status 15
  • 16. 1,000 square kilometer Upper-Puruni Concession JERS Satellite & Sketch of Main Litho-structural Linéaments Airborne Geophysics: Airborne Magnetic Reduced to Pole Toroparu Au-Cu Resource Trend SSP Claim Boundary Major Regional Fault 16
  • 17. Exploration Potential of Large Land Package 2011 Regional Exploration Program Objectives - Systematic regional exploration of Puruni Shear Ameeba Zone & Putareng Granitoid areas of property Hills Northwest Toroparu - Geochemical and Geophysical surveying of these Timmermans | Manx Main Pit areas - Development of drill targets in these areas Southeast Toroparu - Drilling of potentially mineralized extensions of Toroparu deposit Putareng Granitoid Puruni Shear Zone - Analysis of Geochemical and geophysical data collected at Timmerman’s, Manx, Ameeba Hills, NW,SE Toroparu - Drilling of new targets established through the New Access Roads systematic regional exploration program 17
  • 18. What Sandspring is doing Today • Optimizing potentially mineable resource toward feasibility • Completing pre-feasibility engineering (LIDAR, Pit-Slope, Tailings, Metallurgical Testing) • Recruiting mine management & development team • Diamond rigs drilling up to 10,000 meters per month (step-out & Infill holes) • 4 regional soil sampling crews conducting regional ICP geochemical surveys of prospective areas • Drill targets advancing at Ameeba Hills, Manx, and Timmermans Prospects • Building access roads to active exploration areas • Improving main access road for large-scale development 18
  • 19. Why Mine Development at Toroparu is Good for Guyana • Estimated employment of 700 Guyanese citizens • Supports government initiative to move from artisanal to large-scale mining • Provides reliable access/infrastructure to growing resource district • Production at Toroparu would double Guyana’s current gold production • Could boost Guyana’s GDP by 20% • Large tax revenue generator • Builds foundation for future development 19
  • 20. Significantly Undervalued vs. Development Gold Peers Average Main Asset Main Asset Enterprise LOM Avg. LOM Avg. Total Resources EV / Resources Company Stage Resource Grade Name Location Value Production Cash Costs (All Metals) (All Metals) (All Metals) (US$ millions) (000s oz) (US$ / oz) (g/t Au Eq.) (mm oz Au Eq.) (US$ / oz) Gabriel Rosia Montana Romania Feasibility $2,780 478 $393 1.4 15.0 $185 Detour Detour Lake Canada Construction 2,030 645 511 1.0 27.0 75 Perseus CAGP Ghana Construction 1,150 265 624 1.1 7.0 164 Extorre Cerro Morro Argentina Scoping Study 934 102 389 2.2 2.2 415 Rubicon Phoenix Canada Resource Estimate 928 190 335 17.3 3.1 304 Romarco Haile United States Feasibility 822 342 346 1.7 4.2 196 Guyana Goldfields Aurora Guyana Scoping Study 711 265 384 3.7 7.1 100 International Tower Hill Livengood United States Scoping Study 593 539 575 0.6 20.2 29 Torex Morelos Mexico Resource Estimate 545 290 389 4.6 3.3 165 Keegan Esaase Ghana Resource Estimate 375 201 557 1.1 4.9 76 Orezone Bomboré Burkina Faso Resource Estimate 330 185 562 1.0 4.0 82 Andina Volcan Chile Pre-Feasibility 105 290 622 0.7 10.1 10 Average $942 316 $474 3.0 9.0 $150 (1) Junior Producers $862 2.8 6.6 $157 (2) Intermediate Producers $4,898 3.7 27.8 $206 Sandspring Scoping Study $226 273 449 0.8 9.8 $23 Source: Company Reports, Bloomberg, and BMO CM Equity Research Note: Gold equivalent reserves and resources calculated at street consensus long-term commodity price estimates; Market data as at May 20, 2011 1. Includes Alamos, Aurizon, Avion, Avocet, CGA, Gammon, Golden Star, Jaguar, Kingsgate, Lake Shore, Minefinders, Oceana, Primero, Resolute, San Gold, and Teranga 2. Includes African Barrick, Buenaventura, Centamin, Centerra, Eldorado, IAMGOLD, New Gold, Petropavlovsk, Randgold, and Semafo 20
  • 21. Why follow Sandspring? • Large-scale Production Potential at Toroparu (Feb 2011 Preliminary Assessment valuation: $854 M pre-tax NPV5% ) • Environmental authorization pending – Q3 2011 • Recruitment of mine development team in progress • Pre-feasibility level engineering in progress • Potential to Expand current gold-copper resources at Toroparu (8.4M oz Au & 550M lb Cu discovered on approximately 2% of land package) • Exposure to the Guiana Shield - one of the top new gold exploration areas in the world • Significant new discovery potential on 1,000 km2 land package • World-class greenstone geologists leading exploration team • Historically successful board and management with large ownership interest • Operational Capacity to support both Exploration and Development • Sufficient cash available for both exploration and mine development 21
  • 22. Corporate Snapshot Symbol SSP: TSX-V Top Shareholders Shares % Shares Issued 108,132,902 Crescent Global Gold Ltd. (Insiders) 27,658,241 25.60 Options 6,801,434 Mercedario Ltd. (Local Partner) 7,631,258 7.06 Warrants 5,560,582 Libra Advisors LLC 6,286,500 5.82 Diluted 120,934,067 RBC Global Assets Managements Inc 5,858,400 5.42 52 week: Hi/Lo $3.75 - $1.18 AGF Investments Inc. 2,197,476 2.03 Alphonso (Local Partner) 1,722,268 1.59 3-month average volume 260,451* Sprott Asset Management LP 1,442,900 1.34 Market Cap $254 million* Mark C Maier (Insider) 1,215,254 1.12 Cash Position ̴C$31.5 million John R. Adams (Insider) 715,702 .66 Debt $0 Goodman & Company Investment Counsel 500,000 .46 Analyst Coverage RBC Capital Markets Mackie Research Capital Jennings Capital *As of June 22, 2011 * As of June 22,2011 22
  • 23. Contact Information Head Office: For Additional Information: Sandspring Resources Email: info@sandspringresources.com 8000 South Chester Street, Suite 375 Centennial, CO 80112 Telephone: 720-854-0104 Fax: 303-480-1449 23