Sasquatch Resources Corp. announced that it has received a field report outlining various observations made by the Sasquatch geology team in November 2022 at the Company's Mount Sicker Property in southern Vancouver Island, British Columbia. As discussed in the company's last press release of November 7, 2022, the company's geological team spent time investigating topographical anomalies outlined by LiDAR, assessing structural and mineralization continuations, refining and flagging potential drill targets, and obtaining further samples while infill mapping.

As expected, additional rock samples were taken, and some previously drilled core was also logged and sent for analysis. Drilled core sent for analysis was from four back-pack drill holes completed in early 2022, three drilled in the Historical Mining Zone, and one drilled on Battery Ridge, with each hole getting to a depth of approximately five meters. These holes were drilled to test the depth and consistency of what appears to be substantial mineralization at surface in each case.

Results from all samples are expected in late January 2023, at which time a more robust and definitive update will be made available. An additional bedrock geology map was developed showing all the zones of interest at Mount Sicker (including those added when the Company nearly doubled its exploration claim area shortly after listing). It was also noted from the field that extensive and continuous bedrock exposure in the Copper Canyon Zone allows the team to observe the nature of compositional variations over a significant thickness, with these observations certainly being applicable to the Copper Canyon Zone, but also potentially being applicable to other zones on Mount Sicker.

The team also spent time in the Historic Mining Zone, Battery Ridge Zone and Rusty Rock Zone. Interestingly, it was observed that mineralization patterns and types showed some continuity across all these zones, which also shared common traits with Copper Canyon Zone discussed above, and which could suggest a common, continuous system, or systems, that run throughout the entire area. Limited geological mapping has started to support this theory, with some important further steps to occur in the spring.

Once rock samples and drill core have been returned (expected in late January) it is anticipated that any potentially economic mineralization in surface showings can be further followed and mapped within and between these various zones of interest, potentially starting to confirm the overall size of some of these trends. This work will be further supplemented with additional backpack drilling at key locations to test mineralization consistency to the first 5 meters. Some highlights of samples taken from the Historical Mining Zone and the Copper Canyon Zone, which may have continuous systems between them and extending as far the Rusty Rock Zone, are reproduced below: The company's 43-101 Report describes 27 samples taken at Lenora in 2011, within the Historical Mining Zone, returning average values of 5.44 % copper and 8.1% zinc. That same sampling program took 4 samples from the Copper Canyon Zone, which averaged 3.4% copper.

The 43-101 Report describes further samples taken in 2020, with 3 samples taken from adits in the Copper Canyon Zone returning 12.9%, 18.5% and 18.65% copper respectively. In 2021, the author of the 43-101 Report took 12 samples from Lenora, and 4 samples from Tyee (both being former mine sites within the Historical Mining Zone). These samples returned averages of 4.78% copper and 10.72% zinc (for Lenora) and 2.23% copper and 5.61% zinc (for Tyee).

In the same program, the author took 2 new samples from the Copper Canyon Zone, which returned an average of 4.98% copper and 1.83% zinc.