Vancouver-based firm acquires mineral claims near U.S. border, Chilliwack Lake
CHILLIWACK — Vancouver-based Sasquatch Resources Corp. announced this past week it is acquiring mineral claims encompassing over 1,500 hectares south of Chilliwack near the U.S. border.
In a news release, the mineral exploration company says 11 of the 14 claims covering about 1,567 hectares have been acquired as part of a purchase agreement with Justin Deveault, described as the vendor, dated Thursday, Nov. 27, 2025.
Sasquatch says it has made an application through BC MinFile for the three remaining claims involving 422 hectares. The application process could take anywhere from 60 to 120 days before the registration process for these three additional claims is confirmed.
The company says the 11 claims acquired as part of the purchase agreement are illustrated in the primary image accompanying this story. The three additional claims they have sought stretch north and cover the former Mountain Goat Mines, described as two mines approximately 500 meters apart that were active in the early 1900s and contain several historic mining waste piles.
A number of samples were extracted from the Slesse Gold Claims area, and waste piles and other mineralization in the extended zone will be examined if the additional claim areas are successfully added.
Image: Sasquatch Resources Corp. / A sample taken from the Slesse Gold Claims area.Sasquatch Resources Corp. CEO Pete Smith said the company initiated an expedition into what is known as the “Slesse Gold Claims” area, which carries straight to the U.S. border. At its southern end, the claim area is within 150 metres of the Boundary Red Mountain Gold Mine.
Image: Sasquatch Resources Corp. / Samples from areas 2 and 3 of the Slesse Gold Claims area near Chilliwack Lake.“Although the area was previously accessible using an old logging/mining road, this road has been overgrown and now must be navigated by foot, thus requiring at least an overnight trip in to properly evaluate,” Smith said. “Due to the remote location, the area has not, as far as we know, been thoroughly investigated from the Canadian side, but we are confident that rehabilitation of the old road is an option if warranted.”
The company says members of the expedition led by Sasquatch director Justin Devault reported extensive mineralization, including thousands of large float boulders, large outcrops and extensive quartz veins. They’ve since taken a number of samples and are awaiting reporting results once received.
Image Sasquatch Resources Corp. / Quartz vein sample from Slesse Gold Claims area.The company has also applied to extend the claim area north to cover the old Mountain Goat Mines.
“These historic mines appear to contain a number of large waste piles that are of particular interest to the Company,” Smith said in a statement. “Given that mining occurred over 100 years ago, our hope is that the waste may still contain high levels of gold and/or other precious minerals. In addition, historic exploration from the Mountain Goat Mines area, as reported on Minfile, suggests there are gold-bearing quartz veins of considerable grade.”
Image: Sasquatch Resources Corp. / Apparent mineralization running up the mountain side at Slesse Gold Claims.Under the agreement, the vendor (Justin Deveault) has transferred the 11 claims in exchange for a covenant from Sasquatch to use him for all appropriate exploration activities for said claims, so long as the activities undertaken comply with all applicable laws; that the vendor has the availability, resources, personnel and expertise to conduct these explorations; and the vendor’s rates for exploration-related tasks do not exceed the average market rate for claim activities.
Sasquatch Resources Corp. describes itself as a mineral exploration company focused on four properties in British Columbia, one of which is the Slesse Gold Claims area near Chilliwack Lake. The other three properties consist of Mount Sicker in southern Vancouver Island, the Blue Grouse property located on the south side of Lake Cowichan on Vancouver Island, and the Santana property on Quadra Island.