Mr. Peter Smith reports

SASQUATCH RESOURCES PROVIDES UPDATE ON MOUNT SICKER PROPERTY

Sasquatch Resources Corp. has provided an update respecting its Mount Sicker property within the Victoria mining division of British Columbia, Canada. Fifteen of the mineral claims comprising the property are covered by a property option agreement dated as of Oct. 1, 2021, one mineral claim is covered by a property option agreement (the Tyee agreement) dated as of Nov. 5, 2021, and the remaining four claims were staked by the company.

The company has decided to not fulfill its second anniversary option obligations under the Mount Sicker agreement, and accordingly, that agreement has terminated. Sasquatch intends to focus its efforts on the remaining five claims comprising the Mount Sicker property covering a total area of approximately 1,805 hectares, including in particular the mineral claim covered by the Tyee agreement, where most if not all of the waste rock and tailings on the property are located, as further described by Sasquatch in its Sept. 11, 2023, news release. As noted in that news release, Tetra Tech Canada Inc., a leading provider of high-end consulting and engineering services, has completed a preliminary review and memorandum outlining development options for reprocessing waste rock and tailings at the Mount Sicker property, and concludes that a waste rock processing operation at Mount Sicker has the potential to be economically viable (see the Sept. 11, 2023, news release for further details).

Sasquatch chief executive officer, Pete Smith, commented: "We continue to be excited about our prospects at Mount Sicker. Work to date, including a detailed review of historical drill hole data and further geological prospecting, has made it clear to us that the very best prospect for Mount Sicker going forward lies with the possibility of engaging in the small-scale processing of waste rock and near-surface mineralization. Deeper mineralization that occurs throughout the larger area does not appear to be prospective enough to warrant further work, especially given the expected difficulty we would have in permitting a full-scale mine. In dropping these peripheral claims, we save the company some upcoming cash and share payments, while still maintaining what we strongly feel is the very best and most prospective area, essentially the historical mining zone. This is the area containing the vast majority of waste rock from previous mining activities, as well as the highly mineralized and near-surface occurrence where we have focused recent back-pack drilling. Please refer to our recent press release from Sept. 11 for more detailed information about the waste rock and surface mineralization in this area. In addition to having some highly interesting grades of copper, gold, silver and zinc in the waste rock and in the ground at or near surface, this area also has what we feel are the best prospects for permitting, given that small-scale processing should be relatively discrete and that the area has been badly scarred by historical mining activities, and would greatly benefit from a remediation plan, which would almost certainly be a part of any future mining or processing permit."

About Sasquatch Resources Corp.

Sasquatch Resources Corp. is a mineral exploration company focused on its Mount Sicker property in southern Vancouver Island, British Columbia.

We seek Safe Harbor.