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Sasquatch Resources Provides Update on Mount Sicker Property

Sasquatch Resources Provides Update on Mount Sicker Property

Sasquatch Resources 提供了 Mount Sicker
newsfile ·  2023/10/04 04:47

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.

溫哥華,不列顛哥倫比亞省-(Newsfile Corp.-2023年10月3日)-大腳野人資源公司。(CSE:SASQ)(“大腳野人“或”公司“)很高興提供加拿大不列顛哥倫比亞省維多利亞礦業事業部內的菲瑟爾山礦產的最新情況。組成該礦產的15項礦物索賠由日期為2021年10月1日的財產期權協定(”瑟菲爾山協定“)涵蓋,1項礦物索賠由日期為2021年11月5日的財產期權協定(”泰伊協定“)涵蓋,其餘4項索賠由本公司承擔。

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).

本公司已決定不履行MOUNT SFERER協定項下的兩週年期權義務,因此該協定已終止。Sasquatch打算將重點放在其餘5項索賠上,包括總面積約1,805公頃的芒特希爾山礦產,特別是包括Tyee協定涵蓋的礦產索賠,正如Sasquatch在2023年9月11日的新聞稿中進一步描述的那樣,該礦產上的大部分廢石和尾礦都位於那裡。正如新聞稿中指出的,利樂科技加拿大公司,一家領先的高端諮詢和工程服務提供商,已經完成了初步審查和備忘錄,概述了在芒特菲舍爾地產再處理廢石和尾礦的發展選擇,並得出結論,在芒特菲舍爾進行廢石處理作業具有潛在的經濟可行性(有關詳細資訊,請參閱2023年9月11日的新聞稿)。

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."

大腳野人首席執行官皮特·史密斯評論說:“我們繼續對我們在芒特希爾山的前景感到興奮。迄今為止的工作,包括對歷史鑽孔數據的詳細審查和進一步的地質勘探,向我們清楚地表明,Siser山未來的最好前景在於從事廢石和近地表礦化的小規模處理的可能性。在整個較大範圍內發生的更深礦化似乎沒有足夠的前瞻性來保證進一步的工作,特別是考慮到我們在允許全面開採礦山方面預期會遇到的困難。通過放棄這些外圍索賠,我們為公司節省了一些即將到來的現金和股票支付,同時仍保留了我們強烈認為是最好和最有前景的地區,基本上是歷史礦區。這是一個含有絕大多數以前採礦活動產生的廢石的區域,以及我們最近重點關注的揹包鑽探的高度礦化和近地表產狀。請參考我們最近於9月11日發佈的新聞稿,瞭解更多關於該地區廢石和地表礦化的詳細資訊。除了在廢石和地表或接近地表的地下擁有一些非常有趣的銅、金、銀和鋅,我們認為這一地區也有最好的許可前景,因為小規模的加工應該相對獨立,而且該地區已經被歷史採礦活動留下了嚴重的傷痕,幾乎可以肯定的是,補救計劃將成為未來任何採礦或加工許可的一部分。

About the Company

關於本公司

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+ () or contact the Company by email at psmith@sasquatchresources.com or by telephone at 778.999.7030.

大腳野人資源公司是一家礦產勘探公司,專注於其位於不列顛哥倫比亞省溫哥華島南部的斯菲爾山莊。欲瞭解更多資訊,請參考公司在SEDAR+()上的披露記錄,或通過電子郵件psmith@sasquatchresource ces.com或電話778.999.7030與公司聯繫。

On Behalf of the Board of Directors

我謹代表董事會

Peter Smith
Chief Executive Officer
778.999.7030

彼得·史密斯
首席執行官
778.999.7030

Forward-Looking Information

前瞻性資訊

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.

本新聞稿中的某些陳述是前瞻性陳述,包括關於未來計劃和其他事項的陳述。前瞻性陳述包括非純粹歷史性的陳述,包括有關對未來的信念、計劃、期望或意圖的陳述。這樣的資訊通常可以通過使用諸如“可能”、“預期”、“估計”、“預期”、“打算”、“相信”和“繼續”或其否定或類似變體的轉發措辭來識別。讀者請注意,在準備任何前瞻性資訊時使用的假設可能被證明是不正確的,包括與公司關於勘探和開發芒特瑟爾物業的業務計劃、關於芒特菲舍爾物業的擬議工作計劃以及芒特菲舍爾物業的潛力和經濟可行性有關的假設。由於許多已知和未知的風險、不確定性和其他因素,包括但不限於商業、經濟和資本市場狀況、管理運營費用的能力以及對關鍵人員的依賴,許多因素不是公司所能控制的,事件或情況可能導致實際結果與預期大不相同。這些陳述和資訊是基於對目前和未來的業務戰略以及公司未來的經營環境、預期成本和實現目標的能力的許多假設。可能導致實際結果與前瞻性陳述中的結果大不相同的因素包括:資本和融資的持續可獲得性、訴訟、交易對手未能履行其合同義務、關鍵員工和顧問的流失以及總體經濟、市場或商業狀況。本新聞稿中包含的前瞻性陳述明確地受到本警示性聲明的限制。提醒讀者不要過度依賴任何前瞻性資訊。

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.

本新聞稿中包含的前瞻性陳述是在本新聞稿發佈之日作出的。除法律另有規定外,公司沒有任何意圖,也沒有義務更新或修改任何前瞻性陳述,無論是由於新資訊、未來事件或其他原因。

The CSE has not reviewed, approved or disapproved the contents of this news release.

CSE沒有審查、批准或不批准本新聞稿的內容。

To view the source version of this press release, please visit

要查看本新聞稿的源版本,請訪問

譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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