VANCOUVER, BC / ACCESSWIRE / April 5, 2024 / Sassy Gold Corp. (CSE:SASY)(OTCQB:SSYRF)(FSE:4E7) ("Sassy" or "the Company") is pleased to provide further information on its ongoing uranium property acquisitions in the Western United States, strategically positioning Sassy as the most dominant landholder with multiple past producing mines and deposits in Lisbon Valley, Utah, historically the state's most productive uranium district.

Highlights:

Sassy's binding LOI's announced March 1, 2024, now include a Utah state lease contiguous to the claims comprising the Central Lisbon Project (without change to the terms of the Transaction);
The total Lisbon Valley land package to be acquired by Sassy (North Lisbon and Central Lisbon) encompasses approximately two-thirds of this entire past producing district (16 miles long and up to 1 mile wide) which was responsible for 78 million pounds of uranium production between 1948 and 1988, 9% of total U.S. domestic uranium produced during that period (see attached map), mostly from the lower member (Moss Back) of the Chinle Formation (source: Chenoweth, 2006, Utah Geological Association Publication 32);
Significant new discovery potential exists in the underlying and under-explored Cutler Formation which hosts massive sandstone units and was determined to be an economic host in the late 1970's (source: Chenoweth, 2006, Utah Geological Association Publication 32);
Except for the Jackpile-Paquate area in Cibola County, New Mexico, the Lisbon Valley in Utah has produced more uranium than any area of similar size in the United States. In addition to uranium, more than 24 million pounds of vanadium oxide (V2O5) was associated with some of the ores, especially in the central and southern parts of Lisbon Valley (source: Chenoweth, 2006, Utah Geological Association Publication 32)
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