- CEO
- Peter Michael Smith
- Full Time Employees
- - -
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- 1090 West Georgia Street Vancouver BC Canada V6E 3V7
- IPO Date
- Sep 6, 2022
- Business
- Sasquatch Resources Corp. is a Canada-based mineral exploration company focused on the acquisition, exploration, and evaluation of mineral properties prospective for copper, gold, silver, and zinc deposits; it targets high-sulphide waste rock reclamation from historical mining sites to mitigate environmental risks while extracting value through processing and potential sales of concentrates. Incorporated in 2021 and headquartered at 600-1090 West Georgia Street in Vancouver, British Columbia, the company operates primarily in British Columbia, Canada, with key projects including the Mount Sicker Property in southern Vancouver Island covering approximately 3,300 hectares owned outright subject to a 2% net smelter returns royalty (half repurchaseable for 500,000 shares), the Blue Grouse Property located 30 km away on the south side of Lake Cowichan where it holds exploration and near-surface processing rights until July 2030 including up to 10 meters depth from waste rock, and the Santana Property encompassing 517 hectares on Quadra Island featuring the former Santana mine site with recent grid sampling yielding average grades of 0.818 g/t gold, 84.8 g/t silver, and 3.09% copper across 61 samples plus elevated bismuth, cadmium, molybdenum, rhenium, antimony, tellurium, and zinc. Recent developments include the execution and closing in October 2025 of an asset purchase agreement to acquire 14 additional mineral claims spanning 1,636 hectares on Mount Sicker from related parties Justin Deveault and 802213 Alberta Ltd. for 2 million shares at $0.06 each and 2% NSR royalties (half repurchaseable for $1 million each), exposing new high-sulphide mineralization via logging roads for integration into broader reclamation plans at legacy sites like Tyee, Lenora, and Richard III; completion in early 2025 of the outright acquisition of the Santana claim; acquisition in late November 2025 of 14 mineral claims covering about 1,989 hectares south of Chilliwack near the U.S. border subject to 2% NSR (half buyback for $1 million); and a February 2025 private placement announcement of up to 10 million units at $0.05 each to fund waste rock development at Mount Sicker alongside advancement of a framework agreement with Sulphide Remediation Inc. toward definitive terms and permitting for processing.