Northwire Canada EditionSunday, July 26, 2026
Northwire
B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9% B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9%
Drill Results

Sasquatch Resources Completes Acquisition of Claims in Port Alberni Region and Reports Technical Details and Upcoming Work Plans

SASQ · Price

Executive Summary

  • Sasquatch Resources Corp. closed the acquisition of nine mineral claims (≈2,520 ha) and 10 additional applied‑for claims (201 ha) near Port Alberni, BC, for a purchase price of $123,750 in shares plus a 2 % NSR royalty.
  • The acquired properties host five documented occurrences (Golden Dome, Golden Eagle, Star of the West, Lucky Strike, B & K) with historic assays showing up to >100 g/t Au, 219 g/t Ag, 1.46 % Cu and 10 % Zn.
  • The company outlined extensive spring‑2026 exploration plans focused on sampling porphyry/stockwork zones, mineralized logging roads, and waste‑rock piles, with potential for joint‑venture or further corporate opportunities.

Key Details

  • Transaction Structure
  • Issued 1,500,000 common shares at $0.0825 per share (total $123,750) to vendor Justin Deveault.
  • Granted a 2.0 % net smelter‑return royalty; Sasquatch may repurchase half of the royalty for $500,000.
  • Shares subject to a four‑month hold period expiring 2026‑06‑26.

  • Claims Overview

  • Golden Dome: 260 ha acquired + 180 ha additional claims; surface porphyry/stockwork zone >430,000 m², 3 km strike, up to 500 m width, 300 m elevation change. Historic sample (2000) returned 100+ g/t Au, 219 g/t Ag, 1.46 % Cu, 10 % Zn.
  • Golden Eagle: 529 ha; recent road‑material grab samples: 4.63 % Cu / 4.79 g/t Ag and 5.35 % Cu / 6.71 g/t Ag. A 4 m wide vein sampled in 2023 returned 6.7 % Cu.
  • Star of the West: 634 ha + 21 ha additional; historic adits (≥7) and waste dumps; 1895 bulk sample averaged 17 g/t Au. Recent wildfire exposed fresh outcrop.
  • Lucky Strike: 505 ha; recent 2021‑2023 sampling (35 samples) highlighted values up to 684 g/t Ag, 1.43 g/t Au, ~19 % Cu and high Zn percentages.
  • B & K: 592 ha; historic artisanal mining; notable assays: 87.8 g/t Au (1944), 57 g/t Au & 10 % Cu (1999), 73.9 g/t Au (2023).

  • Historical Assay Ranges (48 samples across claims)

  • Gold: Nil – 100+ g/t (over‑limit)
  • Silver: Nil – 219 g/t
  • Copper: Nil – 4.1 % (up to 5.35 % in recent grab)
  • Zinc: Nil – 10 %+
  • Molybdenum: Nil – 866 ppm

  • Exploration Plans (Spring 2026)

  • Golden Dome & Golden Eagle: Systematic sampling of porphyry/stockwork zones and mineralized logging‑road material; detailed mapping to define size and grade.
  • Star of the West: Mapping/sampling of known veins, prospecting for additional adits and waste dumps.
  • Lucky Strike & B & K: Evaluation after completion of above work; focus on waste‑rock grading and volume estimation.

  • Future Opportunities

  • Potential joint‑venture or other corporate arrangements for discovered hard‑rock resources or waste‑rock reclamation projects.

Notable Quotes

“The main focus of the Company remains waste rock removal and legacy mine site reclamation, but each claim also holds excellent potential as a new hard‑rock discovery.” – Peter Smith, CEO


All technical information reviewed and approved by Qualified Person Darcy Vis, B.Sc., P.Geo.

Read the original news release →

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