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An update from Sasquatch Resources Corp. ( (TSE:SASQ) ) is now available.
Sasquatch Resources Corp. has announced the acquisition of a mineral claim on Quadra Island, British Columbia, known as the former Santana mine. The acquisition involves issuing 500,000 common shares valued at $25,000 to the vendors. The company aims to leverage the historical mining waste piles for economic gain while addressing environmental reclamation. This strategic move aligns with Sasquatch’s approach to capitalize on historical mining sites without reopening them on a large scale, potentially enhancing its market position and gaining local support.
More about Sasquatch Resources Corp.
Sasquatch Resources Corp. operates in the mining industry, focusing on the reclamation and economic development of historical mining sites. The company is engaged in projects on Vancouver Island, targeting the recovery of valuable minerals such as copper, silver, and gold from waste rock piles left from earlier mining activities.
Average Trading Volume: 34,889
Technical Sentiment Signal: Buy
See more data about SASQ stock on TipRanks’ Stock Analysis page.