Mr. Peter Smith reports

SASQUATCH RESOURCES RECEIVES POSITIVE RESULTS FROM GRID SAMPLING PROGRAM ACROSS WASTE ROCK AREAS AT MOUNT SICKER

Sasquatch Resources Corp. has received lab results from 97 bag samples obtained from a grid sampling program across multiple waste rock areas on the company's Mount Sicker property, and they are better than expected.

The program was designed by Jacques Houle, PEng, to give the company an idea of a base case for mineralization across all the waste rock areas within its claims at Mount Sicker. For all 97 samples, the average grades are as follows: 1.86 grams per tonne gold, 48.6 g/t silver, 1.22 per cent copper and 3.05 per cent zinc. Many samples also have elevated values of bismuth, cadmium, indium, lead, molybdenum, antimony and/or tellurium.

The sample locations were deliberately selected on a grid to obtain a representative idea of mineralization for the waste rock generally and excluded the hundreds of larger rocks and boulders throughout the waste rock area showing visual evidence of high-grade mineralization. Previously reported grab samples from the waste rock areas returned results as high as 23.3 g/t gold, 397 g/t silver, 10.5 per cent copper and 30 per cent zinc (highs from four different samples, see Sasquatch's news release dated Jan. 18, 2023).

Pete Smith, Sasquatch chief executive officer, commented: "This is extremely encouraging, as we appear to have highly anomalous gold, silver, copper and zinc across all the waste rock areas, even while excluding highly mineralized rocks and boulders that drew our attention to the waste rock potential at Mount Sicker in the first place. Add all this to the mineralized zones we have previously identified in the ground, starting right at surface and directly under the waste rock piles, and our economic case continues to grow by leaps and bounds. See our news release from Oct. 31, 2023, for more detail about these previously identified zones."

Qualified person

Mr. Houle, PEng, a qualified person for the purpose of National Instrument 43-101, has reviewed and approved the scientific or technical information included in this news release. Mr. Houle has verified the information disclosed by reviewing all of the exploration results, and there were no limits on the verification process. Further scientific or technical information in this document respecting the Mount Sicker property is based on an independent geological report titled "Technical Report for the Mount Sicker Property" (an NI 43-101 compliant report) dated May 15, 2022, prepared by Mr. Houle.

About Sasquatch Resources Corp.

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

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