Sassy Gold Corp. provided further information on its ongoing uranium property acquisitions in the Western United States, strategically positioning Sassy as the most dominant landholder with multiple past producing mines and deposits in Lisbon Valley, Utah, historically the state's most productive uranium district. Highlights: Sassy's binding LOI's announced March 1, 2024, now include a Utah state lease contiguous to the claims comprising the Central Lisbon Project (without change to the terms of the Transaction); The total Lisbon Valley land package to be acquired by Sassy (North Lisbon and Central Lisbon) encompasses approximately two-thirds of this entire past producing district (16 miles long and up to 1 mile wide) which was responsible for 78 million pounds of uranium production between 1948 and 1988, 9% of total U.S. domestic uranium produced during that period (see attached map), mostly from the lower member (Moss Back) of the Chinle Formation; Significant new discovery potential exists in the underlying and under-explored Cutler Formation which hosts massive sandstone units and was determined to be an economic host in the late 1970's; Except for the Jackpile-Paquate area in Cibola County, New Mexico, the Lisbon Valley in Utah has produced more uranium than any area of similar size in the United States.

In addition to uranium, more than 24 million pounds of vanadium oxide (V2O5) was associated with some of the ores, especially in the central and southern parts of Lisbon Valley. The uranium deposits in the Lisbon Valley district form a mineralized belt approximately 16 miles long and up to one mile wide on the southwestern flank of the Lisbon Valley anticline, one of several northwest trending salt anticlines in the Paradox Basin. Sassy's deal to acquire the Kimmerle Mining LLC properties would give it control over most of this belt.

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 (Lisbon to LaSal No. 2) has produced 43.8 million pounds of uranium oxide (U3O8), and the cluster in the center of the belt (Big Buck 4 to Ash) has produced 23.6 million pounds U3O8.