Drilling Targets New Veins at Westmore Gold-Silver Discovery

Rhea-AI Summary

Sassy Resources Corporation (OTCQB:SSYRF) has initiated diamond drilling at the Westmore Discovery Zone in the Foremore Property, located in Northwest B.C.'s Eskay Camp. The drilling will focus on veins with widths up to five meters and larger vein swarms, indicating potential for significant expansion. Ground activities are also underway to examine multiple VTEM™ and magnetic anomalies identified in a recent survey. CEO Mark Scott expressed confidence in generating new drilling targets based on the promising preliminary data.

Positive

• Commencement of diamond drilling at Westmore Discovery Zone targeting substantial vein widths.
• Potential for significant expansion of gold and silver discovery based on drill hole results.

Negative

• None.

VANCOUVER, BC / ACCESSWIRE / July 30, 2021 / Sassy Resources Corporation ("Sassy" or the "Company") (CSE:SASY)(FSE:4E7)(OTCQB:SSYRF) confirms that diamond drilling has commenced at the Westmore Discovery Zone in the southwest portion of the Company's 100%-owned Foremore Property in Northwest B.C.'s prolific Eskay Camp. Initial drill holes will target individual veins with impressive widths at surface up to five meters and vein swarms and stockworks with total widths on surface of 15 to 20 meters in a potential significant expansion of the discovery to the south, the east, and at depth.

While drilling continues at Westmore, crews have started to ground truth multiple VTEM™ and magnetic anomalies identified in the preliminary data generated by the recently completed high resolution, deep penetrating 1,687 line-kilometer airborne VTEM™ Survey across the broader property. Priority targets for ground truthing and possible Phase II diamond drilling are present in each of the Westmore, More Creek Corridor and Hanging Valley areas of the 146 sq. km Foremore Project. Detailed interpretation of the final data from the survey is ongoing and will be published when complete.

Mr. Mark Scott, Sassy CEO, commented: "The diamond drill is turning at the Westmore Discovery Zone on veins and swarms that feature widths significantly greater than those intersected with our six highly encouraging maiden drill holes in 2020 and at a lower elevation, which will give us a much deeper ‘look' into the Westmore granodiorite intrusive and the auriferous quartz veins which penetrate it. Crews are following up on the promising preliminary results of the recently completed property-wide VTEM Survey and we're confident that work will generate fresh drill targets for later this season and beyond."

Photographs and videos from the Company's projects in British Columbia and Newfoundland will be added to the Sassy website regularly throughout the 2021 field season. Visit SassyResources.com for more information and sign up for news alerts to stay informed as the Company's exploration programs ramp up this quarter.

Qualified Person
The technical information in this news release has been reviewed and approved by Mr. Ian Fraser, P.Geo., Vice President of Exploration for Sassy Resources. Mr. Fraser is the Qualified Person responsible for the scientific and technical information contained herein under National Instrument 43-101 standards.

About Sassy Resources Corporation
Sassy Resources is an exploration stage resource company currently engaged in the identification, acquisition and exploration of high-grade precious metal and base metal projects in North America. Its focus is the Foremore Project located in the Eskay Camp, Liard Mining Division, in the heart of Northwest B.C.'s prolific Golden Triangle, and the Central Newfoundland Gold Belt where Sassy is one of the district's largest landowners.

Caution Regarding Forward Looking Statements
Investors are cautioned that, except for statements of historical fact, certain information contained in this document includes "forward looking information", with respect to a performance expectation for Sassy Resources Corporation. Such forward looking statements are based on current expectations, estimates and projections formulated using assumptions believed to be reasonable and involving a number of risks and uncertainties which could cause actual results to differ materially from those anticipated. Such factors include, without limitation, fluctuations in foreign exchange markets, the price of commodities in both the cash market and futures market, changes in legislation, taxation, controls and regulation of national and local governments and political and economic developments in Canada and other countries where Sassy carries out or may carry out business in the future, the availability of future business opportunities and the ability to successfully integrate acquisitions or operational difficulties related to technical activities of mining and reclamation, the speculative nature of exploration and development of mineral deposits, including risks obtaining necessary licenses and permits, reducing the quantity or grade of reserves, adverse changes in credit ratings, and the challenge of title. The Company does not undertake an obligation to update publicly or revise forward looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. Some of the results reported are historical and may not have been verified by the Company.

Contact Info:

Mark Scott
Chief Executive Officer & Director
info@sassyresources.ca

Terry Bramhall
Sassy Resources Corporate Communications/IR
1.604.833.6999 (mobile)
1.604.675.9985 (office)
terry.bramhall@sassyresources.ca

In Europe:

Michael Adams
Managing Director - Star Finance GmbH
info@star-finance.eu

The CSE has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Sassy Resources Corporation

View source version on accesswire.com:
https://www.accesswire.com/657696/Drilling-Targets-New-Veins-at-Westmore-Gold-Silver-Discovery

FAQ

What is the significance of the diamond drilling at Westmore Discovery Zone for SSYRF?

The diamond drilling targets substantial vein widths, indicating a potential expansion of the discovery, which is crucial for Sassy's exploration success.

What are the results expected from the recent VTEM survey for Sassy Resources?

The VTEM survey has identified multiple anomalies, which are being ground-truthed to establish priority targets for further exploration and drilling.

What are the next steps for Sassy Resources after starting drilling at Westmore?

Following the initial drilling, Sassy plans to interpret the final data from the VTEM survey to generate new drilling targets for the upcoming exploration season.

How does the drilling at Westmore affect the stock price of Sassy Resources Corporation?

Successful drilling results at Westmore can positively impact investor confidence and potentially increase the stock price of SSYRF.