Vancouver, British Columbia — February 26, 2026 — Leads & Copy —
Sasquatch Resources Corp. (CSE: SASQ) has finalized its acquisition of mineral claims near Port Alberni on Vancouver Island, British Columbia, according to a news release.
The acquisition, initially announced on February 18, 2026, includes nine mineral claims covering approximately 2,520 hectares and 10 additional applied-for claims covering 201 hectares. The claims, referred to as the “Claims,” were purchased from Justin Deveault under an asset purchase agreement dated February 18, 2026. The agreement stipulates that the additional claims will be transferred to Sasquatch upon granting.
The Claims encompass five documented mineral occurrences: Golden Dome, Golden Eagle, Star of the West, Lucky Strike, and B & K.
The Golden Dome comprises one acquired claim (#1128988) covering 260 hectares and nine additional claims (#1129356, #1128105, #1129248, #1129262, #1129273, #1129284, #1126084, #1129263, and #1129295) covering an additional 180 hectares. A potentially continuous porphyry/stockwork system has been observed at the surface, covering an area of 430,000 square meters or more. The system extends over 3km, with mineralized quartz veins running throughout. A sample taken in 2000 from one such vein returned 100+ g/t gold, 219 g/t silver, 1.46% copper, and 10% zinc.
Historical exploration results from Golden Dome, available through ARISBC, include reports from 1986 to 2024. Assays for 48 samples ranged from nil to 4.1% for copper, nil to 100+ g/t for gold, nil to 219 g/t for silver, nil to 10+% for zinc, and nil to 866 ppm for molybdenum.
Golden Eagle comprises two claims (#1129983 and #1129982) covering 529 hectares. Two grab samples from road material returned 4.63% Cu, 4.79g/t Ag and 5.35% Cu, 6.71g/t Ag, respectively. A copper vein was sampled in 2023 by Justin Devault and returned 6.7% copper across a 4m length.
Star of the West comprises three acquired claims (#11263931, #1149486 and #1129485) covering 634 hectares and a single application claim (#1124962) covering an additional 21 hectares. The area has at least seven historical mining adits and four located waste piles. A one-ton bulk sample taken in 1895 averaged 17g/t gold.
Lucky Strike comprises a single claim (#1128988) covering 505 hectares. Recent sampling programs returned values including 621 g/t Ag, 1.01 g/t Au, 18.9% Cu, 0.28 Zn; 684 g/t Ag, 1.43 g/t Au, 19% Cu, 0.09% Zn; 484 g/t Ag, 0.67 g/t Au, 0.34% Cu, 32.7% Zn; and 597 g/t Ag, 1.15 g/t Au, 0.54% Cu, 38.9% Zn.
B & K comprises two claims (#1098836 and #1103854) covering 592 hectares. A sample taken in 1944 returned 87.8 g/t gold. A sample taken from a float boulder in 1999 returned 57 g/t gold and 10% copper. In 2023 a 1m wide boulder was sampled by Justin Devault and returned 73.9 g/t gold. Two past producing mines are just outside the claim boundaries (Black Panther and Thistle).
Sasquatch Resources plans to conduct further exploration at Golden Dome, Golden Eagle, and Star of the West in the spring of 2026. The company will focus on sampling, mapping, and evaluating waste rock opportunities.
To acquire the Claims, Sasquatch issued 1,500,000 common shares to the Vendor at $0.0825 per Share, totaling $123,750. The shares are subject to a four-month hold period expiring June 26, 2026. The Company also granted a 2.0% net smelter returns royalty on the Claims to the Vendor and has the right to repurchase one-half of the royalty by paying $500,000 to the Vendor at any time.
Darcy Vis B.Sc., P.Geo., a Qualified Person, has reviewed and approved the technical information in the release.
Sasquatch Resources Corp. focuses on reclamation of waste rock at legacy mine sites and in areas where logging roads have been constructed with mineralized material.
Source: Sasquatch Resources Corp.
