Sasquatch Resources Corp. ( (TSE:SASQ) ) has shared an announcement.
Sasquatch Resources Corp. announced a non-brokered private placement to raise up to $500,000, issuing units comprising common shares and share purchase warrants. This initiative is part of their broader strategy to fund reclamation and mineral extraction projects at Mount Sicker, where they plan to use innovative ore-sorting technology to process waste rock. The company is working with local authorities and partners to secure necessary permits and agreements, although there are uncertainties regarding final approvals. The project aims to revitalize the area environmentally and economically, potentially benefiting stakeholders through the sale of high-grade mineral waste.
More about Sasquatch Resources Corp.
Sasquatch Resources Corp. operates within the mining industry, focusing on processing and exploiting waste rock to extract valuable minerals such as gold, copper, silver, and zinc. The company is actively involved in reclamation efforts at historical mining sites, aiming to address environmental issues while capitalizing on mineral resources.
Average Trading Volume: 32,867
Technical Sentiment Consensus Rating: Buy
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