Sassy Gold (CSE: SASY, OTCQB: SSYRF) A Deeply Undervalued Resource (DD)

Date:

Sassy (CSE: SASY OTCQB: SSYRF) is an exploration stage resource company currently engaged in the identification, acquisition and exploration of high-grade precious metal and base metal projects in North America. The Company’s properties, as well as significant equity investments in several early stages (One private for now)

 Not Your Average Exploration Company.

Salient Investor Facts for SassyGold

(Looks like a Mini ETF for the best Canadian Metals Properties)

  • Foremore Project located in the Eskay Camp (owns 100%)
  • Liard Mining Division, in the heart of Northwest B.C.’s prolific Golden Triangle.
  • Earning up to a 100% interest in the Highrock Uranium Project in the Key Lake region of Saskatchewan.
  • Significant equity positions in Gander Gold Corp., Galloper Gold Corp., and MAX Power Mining Corp.

Latest Video From the recent RMEC Conference

Latest Corporate Presentation.

You will recognize the significance of the noted locales among the best mining areas in Canada and the world.

The Companies

Sassy Gold Corporate Investments

Gander Gold

  • Newfoundland Gold Rush is still in the early stages

 of emerging as a multi-year run within a secular

  • gold bull market that’s once again heating up.
  • Spectacular drill results from New Found Gold (TSXV: NFG) in early 2021 triggered a major staking rush
  • Sassy was a “first mover,” acquiring a series of prospective large claim blocks ahead of this rush.
  • The entire land package, more than 2,000 sq. km, was put into the spinout company Gander Gold.
  • Sassy currently owns 35.3 million shares of Gander, 40% of the company, while Eric Sprott owns 12%.

Latest Corporate Presentation.

Galloper Gold

  • Galloper Gold is a dynamic private junior exploration company focused on Newfoundland
  •  Preparing to list on the Canadian Securities Exchange (CSE) in 2023.
  • Galloper acquired multiple claim blocks from famous Canadian prospector Shawn Ryan
  • other strategic grounds were developed as part of a multi-company transaction in 2022 that included Sassy
  • Sassy acquired 8 million shares of Galloper.

Latest Corporate Presentations

MAX Power

  • Max Power CSE: MAXX) has been a top-performing stock on the CSE since its listing in March 2022
  • The price rose as high as 83 cents.
  • The company launched with a 25-cent IPO, quickly followed by a $2.2 million raise at 40 cents in April. I
  • In December, MAX closed a $1.85 million private placement with strategic investors at 50 cents and is actively pursuing potential opportunities in the lithium sector.
  • Sassy currently owns 5 million shares of MAX Power, nearly 15% of the company on a non-diluted basis, after selling its Nicobat Project in Northwest Ontario to MAX in early 2021.

Latest Corporate Presentation

Sassy Gold; Eskay Creek

Sassy’s drilling at Foremore will commence during the second half of July. It will initially focus on the 4 Amigos Vein, where four of the last five drill holes intersected visible gold, including 86.4 g/t Au and 41.6 g/t Ag over 0.7 m within a core length of 1.4 m grading 43.2 g/t Au and 20.8 g/t Ag starting just 8.7 meters downhole in WM21-015 (refer to March 3, 2022, news release).

Gander Gold

Gander Gold controls 1,850 sq. km across five major project areas in the heart of the Gander Gold Belt, including rapidly progressing Gander North, where impressive early prospecting results from extensive work in 2021 have greatly enhanced the discovery potential at this 485 sq. km block.

Galloper Gold

Galloper is a leading Newfoundland gold exploration company harnessing the power of its people and its dominant land position. It owns 2,135 sq. km of prospective ground, highlighted by our Glover Island Project, on trend with a known gold resource and high-grade mineralization.  

MaxPower

The Nicobat area consists of 165 non-contiguous claims in six townships covering a total surface area of nearly 22 sq. km. The nearest town is the historic mining community of Fort Frances, about 45 km to the southeast.

Bottom Line

As noted above, the Sassy story—to investors– is like a mini-ETF for the best metal properties in Canada. Precious and base metals and uranium are all represented. Northeastern BC, Athabasca and Newfoundland are all potent areas that have and will produce significant commodities.

With roughly a CDN$13 million market cap and a share price below CDN$0.20, Sassy seems, while still speculative, to bring incredible diversity to those investors who search out unique vehicles laced with exciting and perhaps excellent price potential.

This piece is merely an intro. Dig in. I am.

Bob Beaty
+ posts

For over 30 years, Bob Beaty has been explaining concepts and companies to the global investment community. One of the original writers for Jim Cramer’s Thestreet.com, he also wrote for AOL (Can/US), the Globe and Mail, and the Huffington Post. Over that period, he illuminated small-cap companies to investors with wit and pith but mostly opinion and facts. Investing should be fun. Pedantic, staid content is no fun.

Before embarking on his writing career, Bob had a successful international journey in the finance industry. He served as a broker, derivatives product manager, and a Director of London's Credit Suisse subsidiary. His career spanned across major financial hubs including Toronto, Vancouver, and the UK, giving him a unique global perspective. (He is still fondly remembering those English client lunches.)

Other than everything Groucho Marx and George Carlin ever said, Bob lives by a simple credo;

‘Never do anything the person standing in front of you can't understand.’ Hunter S. Thompson.

Let’s go.

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