Sasquatch Resources Executes Agreement to Acquire Additional Mineral Claims on Mount Sicker and Provides Update Surrounding Santana Property
Vancouver, British Columbia--(Newsfile Corp. - October 14, 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 October 10, 2025 with Justin Deveault and 802213 Alberta Ltd. (the "Vendors") to acquire 14 mineral claims (the "Claims") covering approximately 1,636 hectares located on Mount Sicker on Vancouver Island, British Columbia.
Under the Agreement, to acquire the Claims the Company is obligated to issue an aggregate of 2,000,000 common shares of the Company (each, a "Share") to the Vendors. The Shares will be issued a price of $0.06 per Share, representing a purchase price of $120,000. When issued, the Shares will be subject to a four month hold period in accordance with applicable securities laws. The Company will also issue a 1.0% net smelter returns royalty on the Claims to each Vendor. Sasquatch will have the right to repurchase one-half of each NSR by paying $1,000,000 to the respective Vendor at any time prior to the commencement of commercial production on the Claims.
The property is comprised of 14 Claims covering 1,636 hectares. Logging roads have recently been constructed within the acquired Claims which has exposed a substantial area of mineralization at surface, pictured below in photographs 1, 2 and 3. It is the Company's intention to include high-sulphide waste rock created by this recent road construction in its plans to exploit waste rock in other areas of Mount Sicker currently held by Sasquatch. Further systematic sampling and volume calculations are planned for the near future in areas where logging roads have intersected with mineralized rock. For the area pictured below, Mr. Deveault, a director of the Company, has obtained and holds a bulk sampling and trenching permit, which can be relied upon by Sasquatch.
Photograph 1 - Newly constructed logging road on Mount Sicker cuts through VMS
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Photograph 2 - High Sulphide chunk found roadside
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Photograph 3 - High sulphide chunk found roadside
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