Sasquatch Resources Closes Acquisition of Additional Mineral Claims on Mount Sicker

Executive Summary

• Sasquatch Resources Corp. closed the purchase of 14 mineral claims on Mount Sicker for $120,000 (2,000,000 shares at $0.06 per share) and a 1 % NSR royalty to the vendors.
• The newly acquired “Copper Road” area reveals extensive surface mineralization along a new logging road and a nearby “Hard Rock Zone,” which may contain high‑grade waste rock and potential hard‑rock deposits.
• The company will map, sample, and evaluate the volume and grades of the mineralized material in the coming weeks, integrating it into its existing ore‑sorting reclamation strategy.

Key Details

• Transaction Terms: 2,000,000 common shares issued at $0.06 per share (total purchase price $120,000). Shares subject to a four‑month hold period expiring 2026‑02‑21.
• Royalty: 1.0 % net smelter returns royalty granted to each vendor; Sasquatch may repurchase half of the NSR for $1,000,000 before commercial production begins.
• Claim Size & Location: Approximately 1,636 ha on Mount Sicker, Vancouver Island, BC.
• Copper Road Feature: New logging road (~470 m long) exposes a large surface‑mineralized zone; shown in Map 1 and Photographs 1‑2 (links provided).
• Hard Rock Zone: Surface outcrops of mineralization identified within the yellow outlined area on Map 1; to be mapped and sampled.
• Exploration Plan: Immediate field work to quantify volume and grades of mineralized rock in Copper Road and Hard Rock Zone; results will inform potential ore‑sorting recovery of gold, silver, copper, zinc.
• Related Party Transaction: Vendor Justin Deveault is a director; transaction exempt from MI 61‑101 valuation/approval thresholds (≤25 % market cap). All other directors approved unanimously; no material change report filed due to exemption.
• Strategic Fit: Adds high‑grade waste rock to existing reclamation program at Mount Sicker and opens possibility of a new hard‑rock deposit, potentially enhancing the company’s resource base with minimal additional capital cost.

Notable Quotes

“The addition of these new areas is highly significant, in that it potentially both adds new high‑grade waste to our larger reclamation strategy, and also adds the prospect of a new hard rock deposit discovery.” – Peter Smith, CEO, Sasquatch Resources Corp.