Sasquatch Resources Updates on Mount Sicker Permitting and Early Alberni Claims Exploration Results

Progress in Mount Sicker Project Permitting

Sasquatch Resources has advanced its permitting process for the Mount Sicker legacy mine site, managed by the company since 2022. Feedback from the BC Ministry of Mining and Critical Minerals on the Notice of Work application has been received, with Sasquatch addressing numerous comments and resubmitting the application.

An in-depth site closure report by Okane Consultants is underway, serving as a key element of the permitting process. This report will detail reclamation plans and environmental considerations essential for regulatory approval.

Community Engagement and Environmental Focus

As part of its permitting approach, Sasquatch Resources is actively engaging local communities to gain support for its rehabilitation initiatives. The company stresses the importance of mitigating environmental hazards from historical mining, including acid-generating waste rock and unmarked open shafts. The Okane report aims to establish a plan for safely managing these risks while enabling removal of valuable high-sulphide materials.

By prioritizing environmentally responsible methods, Sasquatch seeks to demonstrate the benefits of its rehabilitation efforts to both provincial authorities and local communities, fostering essential support for project advancement.

Alberni Claims Acquisition and Exploration Update

In February 2026, Sasquatch Resources expanded its holdings by acquiring the Alberni Claims, covering roughly 2,520 hectares on Vancouver Island. Exploration has commenced in three main zones: Golden Eagle, Star of the West, and Golden Dome, with initial focus on Golden Dome showing encouraging mineralization signs.

Exploration activities so far include sampling that has produced notable results, especially in the Golden Eagle and Star of the West areas. This preliminary phase is critical for assessing the mineral potential and guiding future exploration.

Encouraging Discoveries at Golden Eagle

The Golden Eagle area has become a key exploration target following the identification of mineralized logging roads. Sasquatch located at least two sections of logging roads intersecting mineralized material. A grid sampling program revealed an average copper grade of 1.62% across ten samples from these road materials.

These promising early results suggest significant mineralization potential. Sasquatch plans to continue exploration at Golden Eagle throughout the summer to evaluate the grades and volumes of mineralized material in the logging roads and adjacent areas.

Star of the West Exploration Highlights

At Star of the West, Sasquatch identified three historic waste rock piles. The company is assessing their volume and grade to determine economic viability. Initial sampling from one waste pile returned 7.7 g/t gold and 2.03% copper, indicating potential for valuable mineral recovery.

Encouraged by these findings, Sasquatch intends to conduct further investigations and sampling to explore additional mineralization trends, aligning with its goal of rehabilitating legacy sites while extracting valuable minerals.

Insights from Golden Dome Exploration

The Golden Dome area has revealed a potentially extensive hydrothermal magmatic system, mapped at approximately 3 km long and 500 m wide. Recent exploration included 53 outcrop samples and 50 grid-pattern samples.

Sample results show promising averages for gold, copper, silver, and molybdenum, suggesting a significant mineralized system. Sasquatch plans further testing to better define the system’s size and extent, potentially leading to future drilling.

Future Exploration Strategy and Partnerships

As exploration progresses, Sasquatch Resources is exploring strategic partnerships to advance development. Management indicated potential joint ventures with experienced exploration partners to help advance projects with strong discovery potential.

This approach supports the company’s dual focus on waste rock rehabilitation and mineralized system exploration, aiming to improve operational efficiency and maximize project potential.

Management Commentary

Peter Smith, CEO of Sasquatch Resources, emphasized the company’s dedication to addressing environmental hazards while recovering valuable minerals from legacy sites. The company’s strategy aims to establish a sustainable model benefiting both the environment and local economy.

As Sasquatch continues advancing permitting for Mount Sicker and exploring the Alberni Claims, investors are expected to closely watch forthcoming updates that could significantly influence the company’s operational trajectory.