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Sassy Resources speeds up acquisition of gold-silver project in British Columbia

Foremore is located in the Eskay Camp, in the heart of northwest B.C.’s prolific Golden Triangle

The initial LoI established that Sassy could acquire a 100% interest over a five-year period through assessment expenditures totalling at least C$1.2 million, cash payments to the claim owners totalling C$310,000 and the share issuance.

However, having paid C$110,000 cash, issued the shares and completed the C$1.2-million exploration program, the company decided it was time to go full steam ahead.

“We are pleased to have accelerated by three-and-a-half years our option to acquire a full 100% interest in the Foremore gold-silver project,” Mark Scott, Sassy Resources’ president and CEO, said in a media statement. “We’re confident our maiden exploration program in 2020 has only scratched the surface of the potential the Foremore project has to offer and the acceleration of this option agreement reflects that belief.” 

Foremore extends for 146 square kilometres and is located in the Eskay Camp, Liard Mining Division, in the heart of northwest B.C.’s prolific Golden Triangle.

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