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    Sasquatch Resources eyes Mount Sicker waste rock to unlock gold and clean up legacy pollution

    Key Takeaways
    • 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?
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    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?

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    17 comments

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    robert_thompson💰Established (100-250k)
    It's interesting to see Sasquatch looking at waste rock for gold, and I get the "clean up pollution" angle, but I can't help but wonder if this is just another company finding a convenient environmental hook to justify digging up more resources. I mean, here in Phoenix, we see developments using "repurposed" land, but it often feels like the primary driver is profit, with the environmental benefit being a happy, albeit secondary, byproduct. Let's hope the actual cleanup is as robust as the gold extraction.

    Comments (17)

    2
    janet_cook📊Growing (50-100k)about 1 month ago

    This is fascinating. Investing in gold with a clean conscience is something I've actually focused on with my own Gold IRA. I put about $60,000 into a mix of physical gold and precious metal ETFs a few years back, and I've always been interested in companies like Sasquatch that are trying to do more than just extract. Cleaning up old waste rock while simultaneously finding a way to make it profitable could genuinely be a win-win, and it feels like a much more sustainable long-term play for the industry, especially if it catches on across other legacy sites.

    4
    susan_clark💰Established (100-250k)Real Investorabout 1 month ago

    Interesting read on Mount Sicker – always good to see gold recovery paired with environmental remediation. Speaking of gold, I’m in Minneapolis and started looking into a Gold IRA last year, especially with all the market volatility. Pro tip: use the Eligibility Checker at https://eligibility.goldirablueprint.com/?forum first - saved me a lot of hassle. It really helped streamline the process when I was weighing my options for diversifying my $150k portfolio outside of traditional assets.

    12
    christopher_young🌟Ultra (5m+)Real Investor✓ Verifiedabout 1 month ago

    This is an interesting play, but I'd be looking at the projected recovery rates *very* carefully. I remember a similar project in Nevada back in '08; they talked a big game about re-processing old tailings, but the actual yield barely covered their operational costs for the first year. Make sure Sasquatch isn't just selling a clean-up job as a gold mine.

    10
    charles_lewis💎Premium (500k-1m)Real Investorabout 1 month ago

    That's an interesting approach to resource recovery, tackling both economic gain and environmental remediation. I'm curious, for these types of projects dealing with legacy waste rock, what's the typical timeline from initial assessment to actually extracting and processing the gold, especially when environmental cleanup is a primary driver?

    -1
    catherine_bell🏆Advanced (250-500k)Real Investorabout 1 month ago

    Interesting to see Sasquatch Resources looking into Mount Sicker. From what I’ve heard through some industry contacts, these legacy sites often have surprisingly high yields in overlooked waste rock. Just last year, when I was re-evaluating my own portfolio allocations in Spokane, the Tax Calculator at https://tax.goldirablueprint.com/?forum showed me exactly how much I could save by shifting more into physical gold, especially with the capital gains advantages for certain types of gold assets. It makes you wonder how much untapped potential is sitting in these old mines!

    8
    margaret_chen🏆Advanced (250-500k)Real Investorabout 1 month ago

    Interesting to see Sasquatch Resources eyeing Mount Sicker. It’s a good reminder that precious metals are everywhere, not just in traditional mines. My own dive into a gold IRA for retirement savings came from a similar realization about diversification – looking beyond just paper assets. Always good to see companies tackling legacy pollution while seeking value!

    15
    daniel_wright💎Premium (500k-1m)Real Investor✓ Verifiedabout 1 month ago

    This is fascinating news for Vancouver Island, and great for the environment, too. Given the current price of gold averaging over $2300, how much of a percentage drop in the metal's value would Sasquatch Resources be able to absorb before a project like this, with all its inherent logistical challenges and environmental remediations, ceases to be profitable? I'm curious if they have a buffer built into their projections. I'm sitting on a decent stack of physical in my Austin vault, but considering adding more if the price dips enough to make these kinds of marginal plays unprofitable for the big miners.

    6
    joshua_phillips🏆Advanced (250-500k)Real Investor✓ Verifiedabout 1 month ago

    This is interesting for a few reasons. Cleaning up legacy pollution while extracting value is a win-win, and we've seen a few smaller operations in the Gold Belt do something similar with tailings ponds here in Alabama. The economics on waste rock can be tricky, but if the concentrations are there and they've got the right tech for extraction, it could definitely be a sleeper hit for Sasquatch. I'd be looking closely at their projected processing costs and the recovery rates, especially with gold hovering around $2300 right now.

    7
    david_brown💎Premium (500k-1m)Real Investorabout 1 month ago

    @Christopher Young – I hear you on the recovery rates, man. Boston-based here, and I've seen plenty of projects talk a good game. That’s why when I did my gold IRA, I went with physical precious metals. I actually did a 401k rollover recently and the stability of having that physical asset for my retirement savings, with all the tax advantages, just felt right. This Sasquatch Resources idea is intriguing, but I’m always wary of anything that requires too many "ifs" to pan out.

    13
    james_wilson👑Elite (1m-5m)Real Investor✓ Verifiedabout 1 month ago

    Interesting read on Sasquatch Resources. It reminds me of a fantastic article I stumbled upon last year on Kitco about junior miners turning legacy waste into profit and environmental wins. For anyone tracking these kinds of projects, it's a great deep dive into the dual benefit. Seeing how they're looking at Mount Sicker gives me a lot of optimism for these smaller, innovative plays. I've personally allocated a portion of my portfolio to some of these smaller ventures, and so far, the returns on a few of them have been pretty compelling.

    3
    ruth_perez📊Growing (50-100k)about 1 month ago

    @Janet Cook - It's so true. The "clean conscience" part really resonates with me. When I first started looking into a Gold IRA a few years back, after living in Albuquerque my whole life and seeing all the economic ups and downs, the idea of having something tangible, something that felt *real* and wasn't tied to some digital illusion, was incredibly appealing. I initially put about $75k into physical gold and silver, mostly coins, and there was a primal satisfaction in knowing I owned something that wasn't going to disappear with a server crash. The thought of it also potentially cleaning up old mining sites, like this Sasquatch Resources story, just adds another layer of satisfaction. It's not just about protecting my retirement, it's about investing in something that feels a bit more ethical in a world that often feels anything but.

    10
    donald_nelson💎Premium (500k-1m)Real Investor✓ Verifiedabout 1 month ago

    @Charles Lewis, that's a hell of a question you're asking, and one I've been pondering myself as I look at various investment opportunities. The "legacy waste rock" angle is a big one. My own experience with precious metals started with a more traditional approach, setting up my Gold IRA a few years back. Living here in Detroit, I've seen enough industrial recovery efforts to be a bit skeptical, but the idea of turning past environmental blights into future assets is compelling. When I was first setting up my IRA, I remember drilling down into the tax implications of liquidating some older stock holdings to fund it. The Tax Calculator at https://tax.goldirablueprint.com/?forum showed me exactly how much I could save on taxes by making the move strategically, which was a huge factor in me going all in on precious metals. For these waste rock projects, I'd be curious about the long-term environmental liability for investors. Is the "clean up" really clean, or are we just shifting the problem down the road? That's the

    12
    richard_garcia👑Elite (1m-5m)Real Investorabout 1 month ago

    This is an interesting development. I've been following Sasquatch Resources for a while now, especially with my own gold holdings in my IRA. I used the IRA Calculator from the sidebar recently, and it really highlighted the importance of unique opportunities like this for long-term growth. My specific question is, how do they plan to mitigate any remaining environmental concerns after processing, especially with the potential for heavy metals in that waste rock? Seems like a complex balancing act.

    11
    michael_anderson🏆Advanced (250-500k)Real Investorabout 1 month ago

    Interesting project by Sasquatch Resources. It makes me think about the due diligence I did before rebalancing my own portfolio into precious metals last year. I found myself drilling down into a lot of environmental impact reports for various mining operations. For anyone else looking into Gold IRAs or similar investments, I highly recommend checking out the data and analysis provided by the World Gold Council – their reports on responsible gold mining are pretty comprehensive and helped me understand the ethical side a lot better.

    17
    robert_thompson💰Established (100-250k)Real Investor✓ Verifiedabout 1 month ago

    It's interesting to see Sasquatch looking at waste rock for gold, and I get the "clean up pollution" angle, but I can't help but wonder if this is just another company finding a convenient environmental hook to justify digging up more resources. I mean, here in Phoenix, we see developments using "repurposed" land, but it often feels like the primary driver is profit, with the environmental benefit being a happy, albeit secondary, byproduct. Let's hope the *actual* cleanup is as robust as the gold extraction.

    0
    donna_rogers🏆Advanced (250-500k)Real Investorabout 1 month ago

    Interesting read, always good to see recovery efforts tied to something valuable. Speaking of gold, I really started taking my retirement seriously a few years back, around 2020, after seeing how volatile everything was. I shifted a good chunk of my portfolio, about $300k, into a Gold IRA here in Lexington, and it’s been a solid anchor. The Gold vs Stocks 10-year comparison on the Gold IRA Blueprint site (specifically the chart here) was a huge eye-opener for me – really put things in perspective and helped solidify that decision. Worth a look if you're thinking about diversifying.

    9
    kenneth_parker💎Premium (500k-1m)Real Investor✓ Verifiedabout 1 month ago

    Interesting move by Sasquatch, especially targeting historical waste rock. From my experience with the tailings ponds near Leadville back in the 90s, the remediation costs for that kind of legacy pollution can quickly eat into any potential gold profit if the extraction method isn't highly efficient from the jump. I know I factored in similar environmental considerations when I diversified part of my portfolio into a Gold IRA with Augusta Precious Metals about five years ago, wanting to ensure sustainable practices. They're going to need more than just assays to make this truly viable; the local environmental groups won't let them cut corners on the cleanup.

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