SASSY GOLD CORP - SSYRF STOCK NEWS

Sassy Resources Corporation (CSE:SASY)(OTCQB:SSYRF) has joined the Newfoundland.Gold alliance, a strategic group of gold companies focusing on mining and exploration in Newfoundland and Labrador. This partnership aims to enhance visibility and generate shareholder value in a region experiencing significant mining activity. Sassy has acquired 1,381 sq. km of claims, including the promising Gander North Project, with drill permits already in place. The company is set to participate in the Virtual Investor Days from June 1-3, 2021, showcasing its projects and corporate strategy.

Sassy Resources Corporation (OTCQB:SSYRF) has expanded its holdings in Newfoundland from 156 sq. km to 1,381 sq. km through its subsidiary, Gander Gold Corp. This acquisition, which includes multiple claim blocks optioned from Shawn Ryan and Wildwood Exploration Inc., positions the company prominently in the Newfoundland Gold Rush. A $1.5 million private placement has been arranged to fund initial exploration and drilling. The company is now a key player in both the Eskay and Central Newfoundland gold camps, aiming for significant new discoveries while minimizing shareholder dilution.

Sassy Resources Corporation (CSE:SASY, OTCQB:SSYRF) reported promising results from its first drilling at the Westmore target in Northwest B.C.'s Eskay Camp. A total of 1,662 meters were drilled across six holes, revealing a gold-silver-rich system with a large surface footprint. Notably, drill holes WM20-005 and WM20-003 confirmed a >100-meter extension of mineralization. The findings suggest significant potential for high-grade mineralization at depth, supported by a strong alteration signature. The company plans further drilling and advanced VTEM surveys to explore the extensive mineralization.

Sassy Resources Corporation (OTCQB:SSYRF) has announced significant findings regarding the Westmore intrusive at its Foremore Project in British Columbia. Recent reprocessed airborne magnetic data indicates that the intrusive may be larger than previously believed, measuring approximately 750 meters by 750 meters. A high-resolution VTEM survey is planned to gather more information as drilling resumes in 2021. The exploration strategy aims to enhance the discovery potential of gold and silver mineralization identified in prior drilling.

Sassy Resources Corporation has received permit approval from Newfoundland and Labrador to commence exploration, including diamond drilling, on the Gander North claims. This Phase 1 reconnaissance program is set to start this spring, featuring approximately eight drill holes. Gander North is situated near New Found Gold's Keats Zone and contains historic gold-in-till anomalies up to 2 g/t. Additionally, Sassy plans to update on its flagship Foremore Project by March's end, including results from the Westmore gold-silver discovery.

Sassy Resources Corporation (CSE:SASY)(OTCQB:SSYRF) has entered a Binding Letter of Intent (LOI) with MAX Power Mining Corporation to option the Nicobat Property in Ontario. MAX Power aims to earn a 100% interest by investing $1 million in exploration over four years and issuing 5 million shares to Sassy upon public listing. This strategic move positions Sassy as the largest shareholder in MAX Power, allowing it to focus on its Foremore Project. The agreement is subject to a definitive option agreement by May 31, 2021, along with regulatory approvals.

Sassy Resources Corporation (OTCQB: SSYRF) has officially commenced trading on the OTCQB marketplace as of February 25, 2021, achieving DTC full-service eligibility. This milestone enhances accessibility for U.S. investors, providing them with better trading options and timely financial disclosures. CEO Mark Scott emphasized the company's commitment to expanding its investor base, highlighting ongoing developments at their key projects in British Columbia and Ontario. The company has also granted 2,600,000 restricted share units to officers and directors as part of its RSU plan.

Sassy Resources Corporation (OTCQB:SSYRF) announced a strategic shift to focus on its Foremore Property following confirmation of a gold-silver discovery. The company plans to monetize its Nicobat Project by optioning it to a private firm, while also establishing Gander Gold Corporation to explore its new Newfoundland properties. Sassy has secured an option agreement to acquire eight strategic claim blocks, totaling 624 claims, enhancing its exploration potential. The total consideration for these claims includes $400,000 cash, $2 million in exploration expenditures, and 2.5 million shares over four years.