Highlights:
Sassy's binding LOI's announced
The total
Mr.
Lisbon Valley Video
'We've been able to get nearly all of
Moving Forward in
The uranium deposits in the
A 5-mile-long portion of the south-central part of the ore belt has been removed by erosion, leaving about 6 miles of large deposits to the northwest (the area largely covered by Sassy's ongoing acquisitions) and an additional 5 miles of scattered smaller deposits to the southeast. The cluster of nearby coalesced deposits at the north end of the belt (
Economic production potential for the Lisbon Valley Chinle deposits may exist in the known deposits present in the past producing mines which were shuttered in 1984 and beyond. Bringing these resources current to today's NI-43-101 standards and the incremental expansion of these resources through routine production planning processes may bring new life to the Lisbon Valley Chinle-hosted deposits.
Even greater potential may yet exist in
Investors are cautioned that a Qualified Person (as defined in NI-43-101) has not done sufficient work to verify the historical drilling data. Additional work, including confirmatory drilling and logging, will be required to confirm and update the historical drilling and logging data, including a review of data integrity, assumptions, parameters, methods, and testing. Historical exploration data do not meet reporting requirements as prescribed under NI-43-101. Sassy is not treating the historical data as current, and it should not be relied upon.
About
Sassy is an exploration stage resource company currently engaged in the identification, acquisition and exploration of high-grade precious metal and base metal projects in
Caution Regarding Forward Looking Statements
This news release contains 'forward-looking statements' and 'forward-looking information' (collectively referred to herein as 'forward-looking statements') within the meaning of applicable securities legislation. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words 'expects', 'plans', 'anticipates', 'believes', 'intends', 'estimates', 'continues', 'projects', 'potential', 'budget' and similar expressions, or are events or conditions that 'will', 'would', 'may', 'could' or 'should' occur or be achieved. Such forward-looking statements reflect the current views of the Company with respect to future events, and are subject to certain risks, uncertainties, and assumptions.
Certain information and statements contained in this news release constitute forward-looking statements, including: the signing of the Definitive Agreement; the closing of the Transaction; satisfaction of any conditions precedent, and satisfaction of those conditions with the Definitive Agreement, is not assured; closing of the Offering; any historical production and quality thereof; path and timing to future extraction; any potential exploration upside of the Properties or potential future drilling and target areas; payment methods for the Transaction; history of stone-hosted, roll-front uranium on any of the Properties; future opportunities to improve historic economics of the region's uranium/vanadium deposits; historic mineralization and production within the
The forward-looking statements are based on certain assumptions that the Company has made in respect thereof as at the date of this news release regarding, among other things: that all required regulatory approvals can be obtained or maintained on the necessary terms and in a timely manner, as applicable; that counterparties to the Company's agreements and contracts will comply with the terms thereof in a timely manner; that there are no unforeseen events preventing the performance of contracts and that there are no unforeseen material costs relating to exploration of the Company's properties.
Although the Company believes that the material factors, expectations and assumptions expressed in such forward-looking statements are reasonable based on information available to it on the date such statements are made, undue reliance should not be placed on the forward-looking statements because the Company can give no assurances that such statements and information will prove to be correct and such statements do not guarantee future performance. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties.
Actual performance and results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to known and unknown risks, including those set forth in the Company's Management Discussion and Analysis (a copy of which can be found under Sassy's profile on SEDAR+ at www.sedarplus.ca). Accordingly, readers should not place undue importance or reliance on the forward-looking statements. Readers are cautioned that the list of factors is not exhaustive. Statements, including forward-looking statements, contained in this news release are made as of the date they are given, and the Company disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. The forward-looking statements contained in this news release are expressly qualified by this cautionary statement. Additional information on these and other factors that could affect the Company's operations and financial results are included in reports on file with applicable securities regulatory authorities and may be accessed under the Company's profile on SEDAR+ at www.sedarplus.ca.
All currency within the news release is intended to be in USD, unless otherwise stated.
Contact:
Chief Executive Officer
Email: info@sassygold.com
Tel: 1.604.833.6999
Email: terry.bramhall@sassygold.com
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