Post by
TanzaniteMotherLode on Feb 12, 2021 9:02am
Highlights of news release
Sassy is awaiting receipt of drill permits for Gander North from the Newfoundland government.
Additional claim blocks acquired by Sassy from Vulcan, with more details to come, are Gander West (20 Claims, 5 km²), Lizard Pond (60 Claims, 15 km²), Mt. Peyton (30 Claims, 8 km²), Little River East (107 Claims, 27 km²) and Hermitage Fault (253 Claims, 63 km²).
Under-explored Gander South offers strong upside exploration potential given its favorable stratigraphy and structure (Dog Bay Line) and an historic gold and arsenic stream silt anomaly yet to be investigated.
Mr. Mark Scott, Sassy's President and CEO, commented: "We've taken some creative, forward-looking steps aimed at year-long value creation with Sassy establishing a major foothold in the prolific Eskay and Newfoundland mineral districts during transformational periods for each region. The Gander Gold subsidiary gives us various attractive options to leverage success for our shareholders."