Vancouver, British Columbia – April 1, 2025 – SASQUATCH RESOURCES CORP. (CSE: SASQ) (“Sasquatch” or the “Company“) is pleased to announce that it has executed an asset purchase agreement (the “Agreement”) dated as of March 31, 2025 with Justin Deveault and Micheal Deveault (the “Vendors”) to acquire mineral claim number 1097236, encompassing the area known as the former Santana mine (the “Claim” or “Santana”) covering 517.19 hectares located on Quadra Island, British Columbia. Under the Agreement, to acquire the Claim the Company is obligated to issue an aggregate of 500,000 common shares of the Company (each, a “Share”) to the Vendors. The Shares will be issued a price of $0.05 per Share, representing a purchase price of $25,000. When issued, the Shares will be subject to a four month hold period in accordance with applicable securities laws.
Continue readingSasquatch Resources Exercises Option to Acquire Mineral Claim Comprising The Company’s Mount Sicker Property
VANCOUVER, BC / ACCESSWIRE / August 22, 2024 / SASQUATCH RESOURCES CORP. (CSE:SASQ) (“Sasquatch” or the “Company”) is pleased to announce that it has successfully exercised its option to acquire the British Columbia mineral claim comprising the Company’s Mount Sicker Property. Pursuant to the option agreement (the “Option Agreement”) dated as of November 5, 2021 with Justin Deveault and 802213 Alberta Ltd. (the “Optionors”), the Company has fulfilled its third year option obligations by making an aggregate cash payment of $100,000 and by issuing an aggregate of 800,000 common shares to the Optionors. The shares were issued in accordance with applicable securities laws at a price of $0.07 per share and are subject to a four month hold period in accordance with applicable securities laws.
Continue readingSasquatch Resources Executes Option Agreement for Additional Mineral Claims on Vancouver Island
Vancouver, British Columbia – August 8, 2024 – SASQUATCH RESOURCES CORP. (CSE: SASQ) (“Sasquatch” or the “Company“) is pleased to announce that it has entered into an option agreement dated August 8, 2024 with Justin Deveault (the “Optionor”), a director of the Company, respecting two mineral claims (the “Claims”) covering 340.13 hectares on Vancouver Island in the Province of British Columbia. Under the agreement, Sasquatch has the irrevocable right and option for a period of three years to conduct exploration on the Claims and to remove and process minerals from the surface and near-surface of the Claims, including without limitation from the mineral “waste rock” on the Claims and near-surface exposures on the Claims up to a depth of 10m from surface.
Continue readingSasquatch Resources Executes Option Agreement
Vancouver, British Columbia – July 23, 2024 – SASQUATCH RESOURCES CORP. (CSE: SASQ) (“Sasquatch” or the “Company“) is pleased to announce that it has entered into an option agreement dated July 23, 2024 with Gene Robert Overall (the “Optionor”) respecting three mineral claims (the “Claims”) covering 191.34 hectares on Vancouver Island in the Province of British Columbia. Under the agreement, Sasquatch has the irrevocable right and option for a period of three years to conduct exploration on the Claims and to remove and process minerals from the surface and near-surface of the Claims, including without limitation from the mineral “waste rock” on the Claims and near-surface exposures on the Claims up to a depth of 10m from surface.
Continue readingSasquatch Resources Executes Framework Agreement for Processing Waste Rock at its Mount Sicker Property
Vancouver, British Columbia – June 24, 2024 – SASQUATCH RESOURCES CORP. (CSE: SASQ) (“Sasquatch” or the “Company“) is pleased to announce that it has an executed a framework agreement with Sulphide Remediation Inc. (“SRI”) dated as of June 20, 2024 (the “Framework Agreement”) respecting sorting and processing of waste rock found at Sasquatch’s Mount Sicker Property in southern Vancouver Island, British Columbia, and the reclamation/remediation of the Property (collectively, the “Project”).
Continue readingSasquatch Resources Issues Stock Options
Vancouver, British Columbia–(Newsfile Corp. – June 12, 2024) – SASQUATCH RESOURCES CORP. (CSE: SASQ) (“Sasquatch” or the “Company”) announces that it has issued an aggregate of 1,450,000 stock options to directors, officers and consultants of the Company. Each option vests immediately and is exercisable for one common share of the Company at a price of $0.10 for ten years.
Continue readingSasquatch Resources Announces Changes to Board of Directors
VANCOUVER, BC / ACCESSWIRE / December 12, 2023 / SASQUATCH RESOURCES CORP. (CSE:SASQ) (“Sasquatch” or the “Company“) is pleased to announce that Mr. Lou Webster has been appointed as a director of the Company, effective immediately. Lou has been a lawyer in British Columbia for over 25 years and has a broad and eclectic range of contacts in both the profession and the community. Lou has been involved in the junior mining sector for approximately 8 years. He is the President and CEO of Marster Metals Incorporated, a private exploration company with claims in New Brunswick, Quebec, Newfoundland and Ontario, and is a special advisor to other private companies.
Mr. Webster’s appointment is in conjunction with the resignation by Mr. Brad Newell as a director of the Company to focus on other interests. Sasquatch’s board of directors thanks Mr. Newell for his contributions to the Company and wishes him well in his future endeavours.
About the Company
Sasquatch Resources Corp. is a mineral exploration company focused on its Mount Sicker Property in southern Vancouver Island, British Columbia. For further information, please refer to the Company’s disclosure record on SEDAR+ (www.sedarplus.ca) or contact the Company by email at psmith@sasquatchresources.com or by telephone at 778.999.7030.
On Behalf of the Board of Directors
Peter Smith
Chief Executive Officer
778.999.7030
Forward-Looking Information
Certain statements in this news release are forward-looking statements, including with respect to future plans, and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect, including with respect to the Company’s business plans respecting the exploration and development of the Mount Sicker Property, the proposed work program on the Mount Sicker Property and the potential and economic viability of the Mount Sicker Property. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, business, economic and capital market conditions, the ability to manage operating expenses, and dependence on key personnel. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, anticipated costs, and the ability to achieve goals. Factors that could cause the actual results to differ materially from those in forward-looking statements include, the continued availability of capital and financing, litigation, failure of counterparties to perform their contractual obligations, loss of key employees and consultants, and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information.
The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
The CSE has not reviewed, approved or disapproved the contents of this news release.
Sasquatch Resources Provides Update on Mount Sicker Property
Vancouver, British Columbia–(Newsfile Corp. – October 3, 2023) – SASQUATCH RESOURCES CORP. (CSE: SASQ) (“Sasquatch” or the “Company“) is pleased to provide an update respecting its Mount Sicker property within the Victoria Mining Division of British Columbia, Canada. 15 of the mineral claims comprising the property are covered by a property option agreement (the “Mount Sicker Agreement”) dated as of October 1, 2021, 1 mineral claim is covered by a property option agreement (the “Tyee Agreement”) dated as of November 5, 2021, and the remaining 4 claims were staked by the Company.
The Company has decided to not fulfill its second anniversary option obligations under the Mount Sicker Agreement, and accordingly that agreement has terminated. Sasquatch intends to focus its efforts on the remaining 5 claims comprising the Mount Sicker Property covering a total area of approximately 1,805 hectares, including in particular the mineral claim covered by the Tyee Agreement, where most if not all of the waste rock and tailings on the property are located, as further described by Sasquatch in its September 11, 2023 news release. As noted in that news release, Tetra Tech Canada Inc., a leading provider of high-end consulting and engineering services, has completed a preliminary review and memorandum outlining development options for reprocessing waste rock and tailings at the Mount Sicker property and concludes that a waste rock processing operation at Mount Sicker has the potential to be economically viable (see the September 11, 2023 news release for further details).
Sasquatch CEO, Pete Smith, commented, “We continue to be excited about our prospects at Mount Sicker. Work to date, including a detailed review of historical drill hole data and further geological prospecting, has made it clear to us that the very best prospect for Mount Sicker going forward lies with the possibility of engaging in the small-scale processing of waste-rock and near-surface mineralization. Deeper mineralization that occurs throughout the larger area does not appear to be prospective enough to warrant further work, especially given the expected difficulty we would have in permitting a full-scale mine. In dropping these peripheral claims, we save the company some upcoming cash and share payments, while still maintaining what we strongly feel is the very best and most prospective area, essentially the historical mining zone. This is the area containing the vast majority of waste-rock from previous mining activities, as well as the highly mineralized and near-surface occurrence where we have focused recent back-pack drilling. Please refer to our recent press release from September 11 for more detailed information about the waste-rock and surface mineralization in this area. In addition to having some highly interesting grades of copper, gold, silver and zinc in the waste-rock and in the ground at or near surface, this area also has what we feel are the best prospects for permitting, given that small-scale processing should be relatively discrete and that the area has been badly scarred by historical mining activities, and would greatly benefit from a remediation plan which would almost certainly be a part of any future mining or processing permit.”
About the Company
Sasquatch Resources Corp. is a mineral exploration company focused on its Mount Sicker Property in southern Vancouver Island, British Columbia. For further information, please refer to the Company’s disclosure record on SEDAR+ (www.sedarplus.ca) or contact the Company by email at psmith@sasquatchresources.com or by telephone at 778.999.7030.
On Behalf of the Board of Directors
Peter Smith
Chief Executive Officer
778.999.7030
Forward-Looking Information
Certain statements in this news release are forward-looking statements, including with respect to future plans, and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect, including with respect to the Company’s business plans respecting the exploration and development of the Mount Sicker Property, the proposed work program on the Mount Sicker Property and the potential and economic viability of the Mount Sicker Property. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, business, economic and capital market conditions, the ability to manage operating expenses, and dependence on key personnel. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, anticipated costs, and the ability to achieve goals. Factors that could cause the actual results to differ materially from those in forward-looking statements include, the continued availability of capital and financing, litigation, failure of counterparties to perform their contractual obligations, loss of key employees and consultants, and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information.
The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
The CSE has not reviewed, approved or disapproved the contents of this news release.
Sasquatch Resources Corp. Issues Shares Pursuant to Option Agreement for Its Mount Sicker Property
Vancouver, British Columbia–(Newsfile Corp. – September 30, 2022) – SASQUATCH RESOURCES CORP. (CSE: SASQ) (“Sasquatch” or the “Company“) is pleased to announce that, pursuant to its option agreement (the “Option Agreement“) dated as of October 1, 2021 with Justin Deveault and 802213 Alberta Ltd. (the “Optionors“) respecting the Company’s Mount Sicker Property, the Company has fulfilled its first year option obligations by making aggregate cash payments of $45,000 and by issuing an aggregate of 250,000 common shares to the Optionors. The shares were issued in accordance with applicable securities laws at a price of $0.0825 per share and are subject to a four month hold period.
Justin Deveault, a director of the Company, is an Optionor under the Option Agreement, and accordingly the cash payment of $22,500 and issuance of 125,000 shares to him is a “related party transaction” as defined under Multilateral Instrument 61-101 (“MI 61-101“). This transaction is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as the fair market value of the transaction does not exceed 25% of the market capitalization of the Company, as determined in accordance with MI 61-101.
About the Company
Sasquatch Resources Corp. is a mineral exploration company focused on its Mount Sicker Property in southern Vancouver Island, British Columbia. For further information, please refer to the Company’s disclosure record on SEDAR (www.sedar.com) or contact the Company by email at ifgsmith@yahoo.ca or by telephone at 778.999.7030.
On Behalf of the Board of Directors
Peter Smith
Chief Executive Officer
778.999.7030
Forward-Looking Information
Certain statements in this news release are forward-looking statements, including with respect to future plans, and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forwardlooking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, business, economic and capital market conditions, the ability to manage operating expenses, and dependence on key personnel. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, anticipated costs, and the ability to achieve goals. Factors that could cause the actual results to differ materially from those in forward-looking statements include, the continued availability of capital and financing, litigation, failure of counterparties to perform their contractual obligations, loss of key employees and consultants, and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information.
The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
The CSE has not reviewed, approved or disapproved the contents of this news release.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/139139
Sasquatch Resources Corp. Acquires Additional Mineral Claims for Its Mount Sicker Property
Vancouver, British Columbia–(Newsfile Corp. – September 16, 2022) – SASQUATCH RESOURCES CORP. (CSE: SASQ) (“Sasquatch” or the “Company”) is pleased to announce that it has acquired additional mineral claims (the “Claims”) covering 1,232.13 hectares adjacent to the Company’s Mount Sicker Property pursuant to an asset purchase agreement dated September 16, 2022 with 911 Mining Co. (“911”). As consideration for the Claims, the Company paid 911 $2,528.40, representing a reimbursement of 911’s costs to select the Claims. The Company also announced that an additional mineral claim comprising the Mount Sicker Property which had been held by Mr. Jacques Houle as bare trustee for and on behalf of the Company has also now been formally transferred to the Company. As consideration for the claim, the Company paid Mr. Houle $520.72, representing a reimbursement of the cost to select the claim.
The addition of these new claim areas brings the total claim area under Sasquatch’s control to over 3,300 hectares, and either partially or fully encompass three additional known minfile mineral occurrences – the “Hope”, “Volcanics”, and “Randy North” occurrences – and which further capture two occurrences already partially on the original claims – the Sharon Copper and Lady D occurrences. Links to full descriptions of each of these occurrences, as they appear on the minfile database, are below:
https://minfile.gov.bc.ca/Summary.aspx?minfilno=092B++110 – Hope
https://minfile.gov.bc.ca/Summary.aspx?minfilno=092B++156 – Volcanics
https://minfile.gov.bc.ca/Summary.aspx?minfilno=092B++128 – Randy North
https://minfile.gov.bc.ca/Summary.aspx?minfilno=092B++040 – Sharon Copper
https://minfile.gov.bc.ca/Summary.aspx?minfilno=092B++076 – Lady D
The old and new claim boundaries are illustrated in the map below:
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8796/137496_c777ccd754bf0964_001full.jpg
Peter Smith, the Company’s CEO, stated, “The addition of these claims further adds to our already very large and strategic claim assembly on Mt. Sicker. While the original claim areas covered the most significant historical mines, as well as some additional unexplored areas of high interest, these new claims add several more prospective areas. Moreover, and similar to with our original claims, there is also some very positive historical exploration data to use as a starting point, and for us to continue to build on.”
911 is controlled by Justin Deveault, a director of the Company, and accordingly the asset purchase agreement is a “related party transaction” as defined under Multilateral Instrument 61-101 (“MI 61-101”). This transaction is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as the fair market value of the transaction does not exceed 25% of the market capitalization of the Company, as determined in accordance with MI 61-101.
Jacques Houle, P. Eng., a “Qualified Person” for the purpose of National Instrument 43-101, has
reviewed and approved the contents of this news release.
About the Company
Sasquatch Resources Corp. is a mineral exploration company focused on its Mount Sicker Property in southern Vancouver Island, British Columbia. For further information, please refer to the Company’s disclosure record on SEDAR (www.sedar.com) or contact the Company by email at ifgsmith@yahoo.ca or by telephone at 778.999.7030.
On Behalf of the Board of Directors
Peter Smith
Chief Executive Officer
778.999.7030
Forward-Looking Information
Certain statements in this news release are forward-looking statements, including with respect to future plans, and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forwardlooking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, business, economic and capital market conditions, the ability to manage operating expenses, and dependence on key personnel. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, anticipated costs, and the ability to achieve goals. Factors that\ could cause the actual results to differ materially from those in forward-looking statements include, the continued availability of capital and financing, litigation, failure of counterparties to perform their contractual obligations, loss of key employees and consultants, and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information.
The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of newinformation, future
events or otherwise. The CSE has not reviewed, approved or disapproved the contents of this news release.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/137496