Sassy Resources Corporation announce that in addition to the highly prospective Viking target covering approximately 20 sq. km on the western edge of the 490 sq. km Gander North Project, initial soil geochemistry results received from additional areas of Gander North suggest the presence of previously unrecognized large regional structures with potential to continue along a northeast trend for greater than 40 km.

Assay results from combined C and B-horizon soils highlight multiple northeast and east-northeast trending gold-in- soil anomalies in multiple zones covering the northern, central and southern portions of Gander North; Clusters of high-grade gold results for soils include 58 samples assaying between 50 ppb Au and 756.1 ppb, considered highly anomalous for Newfoundland, including 23 samples 107.3 ppb Au; Prospecting teams have collected multiple samples of mineralization in quartz and mineralization associated with quartz/quartz veining and country rock at Gander North . Preliminary soil sampling results from wide-spaced grid lines at Gander North prompted immediate follow- up by infilling with tighter grid line spacing . Infill lines have confirmed the anomalous trends.

The Company will complement geochemistry results with LiDAR and MAG/VLF geophysical surveys when the balance of that work is completed this spring. Additional soil sampling and other exploration initiatives are expected to produce initial high priority diamond drilling targets later this year. Sassy defines gold-in-soil results 90th percentile as elevated and those samples 97.5th percentile as anomalous.

Investors are reminded that the date of record for the Gander Gold share distribution to Sassy shareholders is Tuesday, February 1, 2022. Investors are advised to be aware of any settlement period which may apply to share purchases or the conversion of other Sassy securities prior to the February 1 record date. For example, a two-day settlement period may mean that shares purchased on January 28 are settled on Tuesday, February 1. Based on the current Sassy share structure, the distribution of 8,8333,333 Gander Gold shares represents a ratio of one Gander share for approximately every 5.8 Sassy shares owned.

The final ratio for the distribution of Gander Gold shares will be determined by the number of Sassy shares issued and outstanding as of the date of record. Sassy Resources Gold Corporation contracted the services of GroundTruth Exploration to conduct soil geochemistry programs on all of Sassy's properties in Newfoundland. The preferred and targeted soil horizon for sampling is the C- horizon for all programs. Glaciation and till deposition are variable throughout the province of Newfoundland.

This variation has a direct effect on the "local" depth to the C-horizon. GroundTruth crews utilize a Eijklcamp hand auger which is capable of collecting a soil sample to a maximum depth of 110cm. If the C-horizon soil is beyond the depth the auger can achieve, GroundTruth crews collected a sample from the B-horizon and noted this in the metadata collected at that particular sample site.

At Gander North, outside of the Viking target, the current assay database consists of 2,171 C- horizon soil samples and 999 B-horizon soil samples. As stated, the results reported in this news release comprise the combined C and B-horizons. The Company's final interpretation of all Gander North soil results will distinguish and interpret the C and B-horizons individually and the merged C and B-horizons.

For all Sassy programs, soil samples are collected at pre-determined sample locations, placed in soil sample bags and all metadata associated with a sample is recorded. Once sorted and logged, samples are shipped to Eastern Analytical in Springdale, Newfoundland, for sample preparation. At Eastern Analytical individual samples are dried and sieved and 15g splits are prepared and then shipped by courier to Bureau Veritas Commodities Canada Ltd. in Vancouver British Columbia for analyses.

Eastern Analytical and Bureau Veritas are ISO /IEC 17025 certified laboratories and independent of Sassy Resources Corporation and Gander Gold Corporation. At Bureau Veritas the 15g splits are partially digested by aqua regia digestion and analysed for gold plus 36 additional elements by ICP-ES/MS . GroundTruth Exploration crews took a field duplicate every 25th sample and these field duplicates were inserted into the sample stream to monitor the quality of analyses for the soil sampling program.

In addition to field duplicates, standards and a blank material was systematically inserted into the sampling stream for QAQC purposes.