Welcome to our dedicated page for Sassy Gold news (Ticker: SSYRF), a resource for investors and traders seeking the latest updates and insights on Sassy Gold stock.
Sassy Gold Corp (SSYRF) delivers focused updates on its exploration of high-grade mineral properties across North America. This page consolidates official announcements and verified developments related to the company’s gold, uranium, and base metal projects.
Investors will find timely reports on asset acquisitions, technical evaluations, and strategic equity positions. Key updates include progress at the Ashuanipi Gold Property in Labrador, developments in the uranium-rich Athabasca Basin, and partnerships with exploration-stage mining ventures.
All content undergoes rigorous verification to ensure alignment with geological best practices and financial reporting standards. The curated news stream enables stakeholders to track exploration milestones, corporate decisions, and portfolio diversification strategies without promotional bias.
Bookmark this resource for direct access to Sassy Gold’s latest press releases, regulatory filings, and project-specific announcements. Regular updates provide transparent insights into the company’s risk-managed approach to mineral exploration and resource development.
Sassy Gold Corp has signed agreements to acquire 100% interest in the Ashuanipi Gold Property, a 220 sq. km area in Labrador. The property, located 30 km southwest of Schefferville, Quebec, has undergone extensive early-stage exploration over 8 years, revealing 12 distinct gold-in-soil anomalies. The project features 10,000 soil samples with results up to 8.97 g/t Au and has never been drilled. The acquisition deal with prospector Shawn Ryan and Wildwood Exploration involves cash payments of $450,000 over 5 years and issuance of 2 million shares. The property benefits from excellent infrastructure including roads, rail connection, and hydro-generated electricity.
Sassy Gold Corp. (CSE:SASY, OTCQB:SSYRF, FSE:4E7) announced the termination of its binding letters of intent to acquire uranium properties in Utah and Colorado due to political, environmental, and technical risks. The company also canceled its non-brokered private placement of $2.5 million, initially proposed to fund these acquisitions. No funds were raised, and no securities were issued. Despite these setbacks, Sassy Gold holds 100% ownership of the Foremore Project in British Columbia, a 20% stake in the Highrock Uranium Project in Saskatchewan, and significant equity in Gander Gold Corp., Galloper Gold Corp., and MAX Power Mining Corp. CEO Mark Scott emphasized the decision to avoid undisclosed risks and highlighted the company's robust portfolio and solid investor backing.
Sassy Gold Corp. announced significant drilling results from its Westmore Gold Discovery in British Columbia, with 18 of 19 drill holes intersecting mineralization in 2022. Notably, drill hole WM22-033 revealed a new vein with 74.6 g/t Au over 0.35 m. The company has now drilled 36 holes totaling 7,908 m, confirming high-grade mineralization associated with quartz veins. Continued exploration is expected to reveal wider intercepts typical of successful deposits in the region. Sassy's President expresses confidence in further discoveries as understanding of the Eskay Camp system evolves.
Sassy Gold (CSE:SASY, OTCQB:SSYRF, FSE:4E7) will present at the virtual Resource Mining & Exploration Conference (RMEC) on November 22, 2022, at 12:20 p.m. ET. Mr. Ian Fraser, Vice-President of Exploration, will provide insights into the company's activities. The event allows real-time Q&A with management post-presentation. Additionally, Sassy has engaged Sagacity Capital Media for a $90,000 marketing contract over one year. The Foremore Project documentary, highlighting Sassy's 100%-owned project in Northwest B.C., will be released soon.
Sassy Gold Corporation has announced the completion of 18 drill holes, totaling 3,740 meters, at its Westmore gold discovery, part of the Foremore Project in British Columbia. Notably, 12 of these holes targeted additional depth and strike points along the 4-Amigo Vein, where significant high-grade gold was found in prior years. Additionally, 2,420 core samples have been sent for assay. CEO Mark Scott noted a reduction in all-in costs per meter, reflecting improved drilling efficiency. The results from this latest drilling campaign are eagerly anticipated.
Sassy Resources Corporation announced its name change to Sassy Gold Corp., effective July 20, 2022. The trading symbols on CSE, OTCQB, and Frankfurt remain unchanged. This rebranding emphasizes the company’s focus on its Westmore high-grade gold discovery in the Eskay Camp. Drill crews are mobilizing to commence drilling within 48 to 72 hours. The company also holds significant equity in Gander Gold, Galloper Gold, and MAX Power. A new corporate website will debut soon.
Sassy Resources Corporation (CSE:SASY)(OTCQB:SSYRF) has successfully completed a second tranche of its private placement, raising $404,750 through the issuance of 2,075,641 common shares at $0.195 each. This brings the total gross proceeds from both tranches to $3,634,910. The funds will be allocated for drilling and exploration at the Foremore Project focused on advancing the Westmore gold discovery. Sassy plans to rebrand as 'Sassy Gold' and paid finder's fees totaling $19,792.50 for this tranche. All issued securities are subject to a four-month hold period.
Sassy Resources Corporation has successfully closed the first tranche of its non-brokered private placement, raising $3,230,160 through the issuance of 16,564,925 common shares. The company will use these proceeds for drilling and exploration at its Foremore Project in Northwest B.C., focusing on the Westmore gold discovery. A second tranche is expected to close soon. The company paid $45,040 in finder's fees and issued 230,974 warrants as part of the placement, all subject to a four-month hold period until November 9, 2022.
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