Mr. Peter Smith reports

SASQUATCH RESOURCES EXECUTES AGREEMENT TO ACQUIRE ADDITIONAL MINERAL CLAIMS ON MOUNT SICKER AND PROVIDES UPDATE SURROUNDING SANTANA PROPERTY

Sasquatch Resources Corp. has executed an asset purchase agreement dated as of Oct. 10, 2025, with Justin Deveault and 802213 Alberta Ltd., to acquire 14 mineral claims covering approximately 1,636 hectares, located on Mount Sicker on Vancouver Island, B.C.

Under the agreement, to acquire the claims, the company is obligated to issue an aggregate of two million common shares of the company to the vendors. The shares will be issued a price of six cents per share, representing a purchase price of $120,000. When issued, the shares will be subject to a four-month hold period in accordance with applicable securities laws. The company will also issue a 1.0-per-cent net smelter return (NSR) royalty on the claims to each vendor. Sasquatch will have the right to repurchase one-half of each NSR by paying $1-million to the respective vendor at any time prior to the commencement of commercial production on the claims.

The property comprises 14 claims covering 1,636 hectares. Logging roads have recently been constructed within the acquired claims, exposing a substantial area of mineralization at surface. It is the company's intention to include high-sulphide waste rock created by this recent road construction in its plans to exploit waste rock in other areas of Mount Sicker currently held by Sasquatch. Further systematic sampling and volume calculations are planned for the near future in areas where logging roads have intersected with mineralized rock. Mr. Deveault, a director of the company, has obtained and holds a bulk sampling and trenching permit, which can be relied upon by Sasquatch.

Sasquatch's chief executive officer, Pete Smith, said: "There is a substantial volume of newly discovered high-sulphide waste from the recent construction of logging roads. As with the legacy mines sites on Mount Sicker currently held by the company, namely Lenora, Tyee and Richand III, we intend to include the newly discovered waste material in our plans to reclaim all these sites. Simply put, exposed high-sulphide waste in piles at surface can be bad for the environment, as it can leach acid and other contaminants, but the waste can also be valuable as it often contains high levels of gold, silver, copper and/or zinc. Our goal is to remove all the high sulphides we can find piled at surface on Mount Sicker, which improves the environment and makes the mountain safe, while also possibly leading to a significant financial windfall. These new claim areas potentially add to the rather large volume of easily accessible high sulphide waste we've already identified."

Justin Deveault is a director of the company and, accordingly, the agreement is a related party transaction, as defined under Multilateral Instrument 61-101. This transaction is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as the fair market value of the transaction does not exceed 25 per cent of the market capitalization of the company, as determined in accordance with MI 61-101. All of Sasquatch's directors, other than Mr. Deveault, who abstained from voting, unanimously approved the related party transaction. The company did not file a material change report respecting the related party transaction at least 21 days prior to the anticipated closing date for the transaction, which is reasonable in the circumstances given the MI 61-101 exemptions described above.

Santana property update

Sasquatch is also pleased to announce the results of its recently completed grid sampling program at its Santana property, encompassing the area known as the former Santana mine and covering 517.19 hectares, located on Quadra Island, B.C.

The grid sampling program at Santana was designed to start to assess the average composition of gold, copper and silver in waste rock throughout the area. Santana was the site of past mining activity between 1914 and 1916. Future work is planned for late October and/or November, and will target visible copper mineralization at surface, located throughput the property, with channel sampling and backpack drilling. The current sampling was designed by Jacques Houle, PEng, and completed by 911 Exploration Corp., which is wholly owned by Mr. Deveault. Over all, 61 samples were taken. A comprehensive list of samples and the results for each sample will be made available on the company's website.

Average grades for gold, copper and silver across the 61 samples were 0.818 gram per tonne (g/t) gold, 84.8 g/t silver and 3.09 per cent copper, respectively. Results of rock geochemistry analyses by ALS Canada Ltd. also yielded elevated values of bismuth, cadmium, molybdenum, rhenium, antimony, tellurium and zinc in many of the samples.

Mr. Smith commented: "We are thrilled with these results, and in particular with the high silver and gold values that seem to be occurring with the copper. Mount Sicker remains our most developed site and our highest priority, but these results certainly help bolster prospects for repeating our model at both Blue Grouse and Santana once our first reclamation project commences. These waste piles and their corresponding hazards need to be addressed, and these numbers continue to show that there is certainly value in the waste. We are confident there is a way to get these projects permitted, to sell the concentrated high-grade waste material and to safely reclaim all these areas, essentially restoring them to their original premining state."

Qualified person

Jacques Houle, PEng, an independent qualified person for the purpose of National Instrument 43-101, has reviewed and approved the scientific or technical information included in this news release surrounding Santana. Mr. Houle has visited the project site and verified the information disclosed by reviewing all available data on which such information is based. There were no limits on the verification process.

About Sasquatch Resources Corp.

Sasquatch Resources is a mineral exploration company focused on its Mount Sicker property in Southern Vancouver Island, B.C., the Blue Grouse property, located about 30 kilometres (km) from the Mount Sicker property on the south side of Lake Cowichan, and the Santana property (the area known as the former Santana mine) on Quadra Island, B.C.

The company owns its interest in the Mount Sicker property outright, subject to an aggregate 2-per-cent net smelter return royalty, half of which Sasquatch can repurchase by issuing an aggregate of 500,000 Sasquatch common shares to the royalty holders. Sasquatch has the irrevocable right and option until July, 2030, to conduct exploration on the Blue Grouse property, and to remove and process minerals from the surface and near surface, including without limitation from the mineral waste rock and near-surface exposures up to a depth of 10 metres (m) from surface. The company owns its interest in the Santana property outright.

We seek Safe Harbor.