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Sasquatch Resources Corp. ( (TSE:SASQ) ) just unveiled an update.
Sasquatch Resources Corp. has reported encouraging assay results from a 30-sample prospecting and sampling program completed in fall 2025 on its Slesse Gold Claims in southern British Columbia, particularly within the Red Mountain Fault Zone near the U.S. border. While more than half of the samples were not significant, a concentrated cluster of 12 samples from the Red Mountain Fault Zone returned notably high gold and copper grades, including gold assays up to 700 g/t, copper grades exceeding 5% in multiple samples alongside anomalous gold, and one sample with high silver and gold. Situated immediately north of the historic Red Mountain Gold Mine in Washington state, which operated for three decades until 1942, the fault zone’s proximity to known past production and a regional structural trend, combined with the strong assays, has prompted Sasquatch to plan follow‑up exploration in the spring focused on this area and extending north, potentially enhancing the project’s exploration profile if further work confirms the continuity and scale of mineralization.
Spark’s Take on TSE:SASQ Stock
According to Spark, TipRanks’ AI Analyst, TSE:SASQ is a Neutral.
Sasquatch Resources Corp. is under pressure due to financial challenges, including no revenue and shrinking cash reserves. While technical indicators and corporate events suggest potential stability and growth, the lack of earnings and negative cash flow present significant risks. The absence of debt offers some flexibility, but the company needs to secure additional funds to improve its financial standing.
To see Spark’s full report on TSE:SASQ stock, click here.
More about Sasquatch Resources Corp.
Sasquatch Resources Corp. is a mineral exploration company focused on gold and copper properties in British Columbia, Canada. Its Slesse Gold Claims cover nearly 2,000 hectares south of Sardis, near the U.S. border, where the company is evaluating early-stage targets adjacent to historically productive gold mines.
Average Trading Volume: 88,115
Technical Sentiment Signal: Buy
Current Market Cap: C$4.16M
For a thorough assessment of SASQ stock, go to TipRanks’ Stock Analysis page.