SASSY GOLD CORP - SSYRF STOCK NEWS

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. (SSYRF) expands uranium property acquisitions in Utah's Lisbon Valley, aiming to become a dominant landholder in the region. The company's binding LOI's cover a significant land package, including past producing mines and deposits, with substantial uranium and vanadium production history. Sassy's CEO highlights the strategic importance of the acquisitions and the vast exploration potential in the region.

Sassy Gold Corp. signs binding letters of intent to acquire fifteen advanced uranium properties in Utah and Colorado, USA, expanding its footprint in the uranium sector. The properties offer strong exploration upside, existing infrastructure, and potential near-term extraction opportunities. The acquisition aligns with Sassy's strategic growth plans and favorable timing in the uranium market.

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.