Sandspring Grants Stock Options14:58 EDT Monday, October 25, 2010TORONTO, ONTARIO--(Marketwire - Oct. 25, 2010) - Sandspring Resources Ltd. (TSX VENTURE:SSP) (the "Company") announced that the Company has granted to an officer/director 500,000 stock options to purchase common shares of the Company. The stock options are exercisable at $2.60 per share and will expire on October 20, 2015. This stock option grant is subject to regulatory approval.Additional information on Sandspring can be viewed on SEDAR under the Corporation's profile at www.sedar.com or on Sandspring's website at www.sandspringresources.com. FOR FURTHER INFORMATION PLEASE CONTACT: Mr. Abraham Drost, M.Sc., P.Geo.Sandspring Resources Ltd.President/Director(807) 252-7800www.sandspringresources.comNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.