on Sassy Gold Corp. (isin : CA8038701048)
Sassy Gold Acquires Ashuanipi Gold Property in Labrador
Sassy Gold Corp. has announced the acquisition of a 100% interest in the Ashuanipi Gold Property, a 220 sq. km area in Labrador. This acquisition marks a significant addition to Sassy's exploration portfolio. The Ashuanipi Property boasts 12 distinct gold-in-soil anomalies and has undergone extensive exploration, making it drill-ready.
The agreement, finalized with Shawn Ryan and Wildwood Exploration Inc., outlines cash payments and share issuances over five years. The property, staked by Ryan in 2017, shows promising gold anomalies derived from comprehensive sampling and geophysical surveys.
Sassy Gold plans to leverage the existing infrastructure in the region, including roads and rail connections, to expedite initial drilling. The geological characteristics of the Ashuanipi Property align with known gold deposits, underscoring its potential as a high-priority target for gold exploration.
R. P.
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