Sasquatch Resources eyes Mount Sicker waste rock to unlock gold and clean up legacy pollution
- •The idea of not just extracting new resources but also cleaning up old mine waste and potentially recovering gold from it is a win-win in my book.
- •I'm curious what you all think.
- •Has anyone here invested in companies doing this kind of reclamation work before?
Hey everyone, just read this article about Sasquatch Resources and their Mount Sicker project: https://www.mining.com/sasquatch-resources-eyes-mount-sicker-waste-rock-to-unlock-gold-and-clean-up-legacy-pollution/
This is pretty interesting, right? The idea of not just extracting new resources but also cleaning up old mine waste and potentially recovering gold from it is a win-win in my book. I've always been a bit wary of junior miners, especially with how often things don't pan out, but a project with this kind of environmental angle might actually get some easier regulatory passes or even public support, which could be huge for de-risking it. My portfolio is already pretty diversified, but I've been looking for something with a bit more of an 'impact' angle, and this definitely fits the bill without being purely philanthropic. Especially with the mention of setting a precedent for other BC sites – that could open up a new revenue stream for these guys if they prove this concept works.
I'm curious what you all think. Has anyone here invested in companies doing this kind of reclamation work before? What are the typical hurdles? My wife is always on me about us investing more responsibly for our retirement, and while I’m primarily focused on returns, a solid environmental story like this could make it an easier sell at the dinner table. Any thoughts on the feasibility or general market reception for this kind of "recycled" gold?