Sassy Resources Corp. is pleased to announce the discovery of a multi-kilometer-long gold and copper anomaly at the Company's newly-named "Viking" target at Gander North adjacent to the GRUB Line in the heart of the Gander Gold District. These results, which include very high gold-in-soil assays, suggest the presence of a nearby mineralizing source. Highlights: Initial C-horizon soil geochemistry results greatly build on [...]
Sassy Resources is pleased to announce that its Board of Directors has approved the dividend spinout distribution to its shareholders of an aggregate of 8,833,333 common shares in the Company's wholly-owned subsidiary, Gander Gold Corp. This number of Gander Shares represents the settlement of 100% of the debt outstanding between Gander and Sassy associated with the acquisition of the Company's Newfoundland exploration [...]
Sassy Resources Corp. is pleased to provide an exploration update on the Company's projects in Northwest B.C.'s Eskay Camp and the Central Newfoundland Gold Belt. Foremore Gold-Silver Project Diamond drilling is ongoing at the Company's Westmore Discovery Zone within the larger 146 sq. km Foremore Project area. This summer's drilling has focused on mineralized quartz veins at lower elevations to the south and east of the [...]
Sassy Resources Corp. confirms that diamond drilling has commenced at the Westmore Discovery Zone in the southwest portion of the Company's 100%-owned Foremore Property in Northwest B.C.'s prolific Eskay Camp. Initial drill holes will target individual veins with impressive widths at surface up to five meters and vein swarms and stockworks with total widths on surface of 15 to 20 meters in a potential significant [...]
Sassy Resources Corp. is pleased to announce that crews have mobilized for the start of 2021 drilling at the Company's Westmore gold-silver discovery where a first-ever series of relatively shallow drill holes last fall confirmed that widespread surface mineralization in quartz vein swarms and stockworks extends to a vertical depth of at least 200 meters and remains open in all directions. Sassy is aggressively following [...]
Sassy Resources Corp. is pleased to announce that as exploration crews prepare to follow-up on last fall's gold-silver discovery in first-ever drilling at the Westmore target, in the southwest corridor of the Company's 100%-owned Foremore Project in Northwest B.C.'s Eskay Camp, a geochronology study completed by Dr. Kevin Chamberlain at the University of Wyoming has put the mineralizing event at Westmore within the same [...]
Sassy Resources is pleased to announce that, further to its news release of May 28, 2021, it has closed a non-brokered private placement in its subsidiary, Gander Gold Corp, including an additional strategic investment by Mr. Eric Sprott in the amount of $1,600,000 which brings Mr. Sprott's ownership position in Gander Gold to 17.35%. The Private Placement of 11,000,000 convertible special warrants, issued at a price of [...]
Sassy Resources Corp. is pleased to announce that it has completed the definitive agreement to option its Nicobat Property in Northwest Ontario to privately held MAX Power Mining Corporation . The deal makes Sassy the largest shareholder in this new battery metals-focused company which has completed an initial financing and has prepared listing submissions for a Canadian exchange. Under the Agreement, MAX Power can earn a [...]
Sassy Resources Corp. is pleased to announce that Mr. Eric Sprott is increasing his ownership in Sassy subsidiary Gander Gold Corporation to 17.35% by purchasing $1.6 million of a $2.2 million private placement in Gander Gold. This financing is expected to close in early June 2021. Mr. Mark Scott, Sassy President and CEO, commented: "The additional $2.2 million injection into Gander Gold, nearly 75% of it coming from Mr [...]
Sassy Resources Corp. is pleased to announce that Mr. Terence F. Coughlan, P.Geo, has joined the Company's Board of Directors. Mr. Coughlan, the founding chief executive officer of producer GoGold Resources, brings significant additional strengths to the Sassy board at a time of transformative developments for the Company in both Newfoundland and Northwest B.C.'s prolific Eskay Camp. Mr. Coughlan stated: "I'm very [...]
Sassy Resources is pleased to announce that it has closed a non-brokered private placement financing in its wholly-owned subsidiary, Gander Gold Corp, including a strategic investment by Mr. Eric Sprott. The private placement of 45,425,000 special warrants, issued at a price of $0.05 per special warrant, generated gross proceeds of $2,271,250. The special warrants will be converted into common shares of Gander Gold at a [...]
Sassy Resources Corp. is pleased to announce that through its subsidiary, Gander Gold Corp., the Company has expanded its Newfoundland property holdings from 1,381 sq. km to 2,257 sq. km. The 3,503 newly acquired claims cover a large portion of the Mount Peyton Intrusive and Gabbroic Complex situated in between New Found Gold's Keats Zone and Sokoman Minerals' Moosehead discovery. These claims were staked by and optioned [...]