Sasquatch Resources Corp. announced that it has received lab results from more backpack drilling completed in 2023 at its Mount Sicker Property, located in southern Vancouver Island, British Columbia. As a result of work conducted at Mount Sicker throughout the spring and summer of 2023, the Company is now focused on the economic evaluation of waste rock from historic mining activities (most of which occurred from 1895-1905), and mineralized near-surface bedrock in very close proximity to the waste rock.

It is the Company's view that the processing of these materials, with a corresponding reclamation component, stands the best chance of getting permitted and yielding profitable results for the Company in the future. A key component of this approach is ascertaining the size and mineral composition of a VMS "plate" previously backpack drilled by Sasquatch in the Historic Mining Zone. Five backpack drill holes were previously completed in the Historical Mining Zone, and one additional hole (BPH07) has been added which steps out and possibly extends the mineralized zone as much as five meters to the south.

The previous five backpack drill holes reached depths of between 2.1m and 6.1m, with all five holes being open and mineralized at the bottom. The newest hole, BPH07, intercepted 7.55 meters of mineralization graded from 4.03 g/t to 7.14 g/t gold, 3.26 to 14.00% copper, 94 g/t to 150 g/t silver, and 1.47 to 12.65% zinc. Hole placements in Historic Mining Zone at Mount Sicker. Highlights of backpack drilling in the Historic Mining Zone to date are as follows: A cluster of holes were concentrated within an approximately 20 meter wide area, into what appears to be a "VMS plate" where mineralization starts at surface in the Historic Mining Zone, with holes pitched to test the extent of mineralization extending outward and downward.

All holes drilled in the Historic Mining Zone were mineralized from surface right to the bottom, with these highlights: BPH01 intercepted 6.1 meters of mineralization graded between 8.32 to 11.25 g/t gold, 4.19 to 9.55% copper, 98.8 to 142 g/t silver and 2.57 to 6.77% zinc ending in mineralization after the backpack drill reached its effective limit.