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RECLAMATION
Cu

Blue Grouse.

Historic copper-silver mine near south bank of Cowichan Lake – similar to Mount Sicker with approximately 300,000t of waste rock and various hazards that need remediation, and only 30km away.

Estimated 300k

t
High-copper waste

4.31 % Cu

Sunnyside area waste sample
average (8.91 g/t Ag)

105 samples

Grid sampling program assessing
waste rock

OVERVIEW

Blue Grouse.

On the south side of Cowichan Lake, about 30 km south of Mount Sicker and a few hundred metres off a paved road, the historic Blue Grouse and Sunnyside mines left high- copper waste and open physical hazards. The mines operated in 1917–1919 and again from 1956 to 1960.

A sampling program across the waste area, reported November 2024, returned 2.37% Cu with 12.8 g/t Ag at Blue Grouse and 4.31% Cu with 8.91 g/t Ag at Sunnyside (both historic mines, only a few hundred metres apart), from an estimated 300,000t of high-copper waste. Sasquatch holds an option on the property (extended to 2030). Recovering the copper also means clearing acid-generating waste and making century-old workings safe (Blue Grouse is beside a well-used recreation area).

FIGURE 1 · BLUE GROUSE
Cu
South Cowichan Lake, Vancouver Island, BC
RECENT WORK

Progress highlights.

101 samples were taken across grids covering 3 waste areas (as well as 4 grab/chip samples) to assess waste rock composition at Blue Grouse. Results showed that significant copper values (and some silver) appear to exist in the waste.

Map 1 – Waste and tailings sampling locations at Blue Grouse
RESULTS

Results

Selected results from sampling and drilling across the project’s targets – for more detailed description of each program and their results, please refer to related news releases.

Exploration sampling (on road base) WASTE ROCK
105 samples · waste rock

Blue Grouse
60 samples
12.8 g/t Au
2.37 % Cu
Sunnyside
16 samples
8.91 g/t Au
4.31 % Cu
Tailings
25 samples
2.14 g/t Au
0.44 % Cu
Grabs/Chips
4 samples
31.35 g/t Au
12.61 % Cu

Surface, grid, channel and ore-sort samples are selective by nature and are not necessarily representative of the mineralization across the property. Historical production and results were obtained by prior operators and have not been independently verified by the Company; they are not current mineral resources. Technical disclosure reviewed and approved by a Qualified Person under NI 43-101. See SEDAR+ for details.

RELATED DOCUMENTS

Reports, results & downloads.

Exploration sampling results

November 2024 · sample results

WHAT'S NEXT

What to expect.

Blue Grouse is expected to follow Mount Sicker and Copper Road as our third prospective legacy mine site clean-up project. Once operations at Mount Sicker and Copper Road have been successfully permitted, additional work will be done at Blue Grouse leading up to operations commencing there. However, as noted above, significant strides have already been made toward understanding waste rock volumes and compositions at Blue Grouse.

THE RECOVER-AND-REMEDIATE MODEL

A practical solution for a
century-old liability.