Latest news with #GrahamDowns
Cision Canada
24-07-2025
- Business
- Cision Canada
Cascadia Announces Fully Subscribed C$3M Non-Brokered Private Placement
VANCOUVER, BC, /CNW/ - Cascadia Minerals Ltd. (" Cascadia") (TSXV: CAM) (OTCQB: CAMNF) is pleased to announce a non-brokered private placement (the " Offering") of up to $3,000,000. The Offering will consist of the sale of 13,043,478 common shares (each a " FT Share") at a price of $0.23 per FT Share for total gross proceeds of approximately $3,000,000. Each FT Share will qualify as a "flow-through share" within the meaning of subsection 66(15) of the Income Tax Act (Canada) (" Tax Act"). "This financing will allow us to significantly expand our planned work program at the Carmacks Copper project this fall, once the transaction with Granite Creek Copper closes," stated Graham Downs, Cascadia's President and CEO, "We're very encouraged by the exploration potential at Carmacks, and plan to drill up to 4,000 m this fall at near-surface sulfide targets adjacent to the existing mineral resource." The gross proceeds from the issuance and sale of the FT Shares will be used for "Canadian exploration expenses" that qualify as "flow-through critical mineral mining expenditures", as both terms are defined in the Tax Act (the " Qualifying Expenditures"). The Qualifying Expenditures will be incurred on or before December 31, 2026, and will be renounced to the subscribers with an effective date no later than December 31, 2025, in an aggregate amount not less than the gross proceeds raised from the issuance of the FT Shares. The proceeds from the Offering will be used for critical minerals exploration primarily at the Carmacks Copper project, following the completion of Cascadia's transaction with Granite Creek Copper Ltd., announced June 9, 2025, and anticipated to close in early August. A portion of proceeds from the Offering may be used for exploration at Cascadia's Catch, Macks, Milner, and Idaho Creek properties. The Offering is scheduled to close on or before August 15, 2025, and is subject to regulatory acceptance. Finder's fees may be paid in accordance with TSX Venture Exchange policies. All securities issued as part of the Offering will be subject to a hold period in Canada of four months plus one day from the closing of the Offering. About Cascadia Cascadia is a Canadian junior mining company focused on making new copper and gold discoveries the Yukon and British Columbia. Cascadia's flagship Catch Property in the Yukon hosts a brand-new copper-gold porphyry discovery where inaugural drill results returned broad intervals of mineralization, including 116.60 m of 0.31% copper with 0.30 g/t gold. Catch exhibits extensive high-grade copper and gold mineralization across a 5 km long trend, with rock samples returning peak values of 3.88% copper, 1,065 g/t gold, and 267 g/t silver. Cascadia and Granite Creek Copper Ltd. recently announced a merger, whereby Cascadia will acquire all outstanding shares of Granite Creek by way of a plan of arrangement (see news release dated June 9, 2025). Granite Creek's flagship asset is the Carmacks Project in the high-grade Minto copper district in Yukon Territory, Canada. The project is located south of and within 35km of the past-producing Minto mine, which was recently acquired by Selkirk Copper Mines. The Carmacks Project hosts a Measured and Indicated Resource containing 651 Mlbs of copper and 302 koz of gold (36.3 million tonnes grading 0.81 % copper, 0.26 g/t gold, and 3.23 g/t silver and 0.01% molybdenum) with a 2023 PEA demonstrating positive economic potential ($230.5 M Post-Tax NPV (5%) and 29% Post-Tax IRR). QA/QC The technical information in this news release has been approved by Andrew Carne, VP Corporate Development for Cascadia and a qualified person for the purposes of National Instrument 43-101. Prospecting grab samples referenced in this release represent highlight results only, and include results from 2024 and previous seasons. Below detection values for copper, gold and silver have been encountered in grab samples in these target areas. For more details on Catch drilling and prospecting results, please see Cascadia's News Releases dated July 25, 2024, and July 19, 2023. The Mineral Resources disclosed here are referenced from the 2023 Technical Report on the Carmacks Project Preliminary Economic Assessment, authored by SGS Canada Inc. for Granite Creek Copper, and have not been independently reviewed by Cascadia. Pricing for the Carmacks Project PEA base case economic analysis was US $3.75/lb copper, US $1,800/oz gold, and US $22/oz silver at an exchange rate of $1:US$0.75. For more details on the economic analysis, refer to the 2023 Technical Report on the Carmacks Project Preliminary Economic Assessment, authored by SGS Canada Inc. for Granite Creek Copper. The results of the Carmacks preliminary economic assessment are preliminary in nature, it includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the preliminary economic assessment will be realized. On behalf of Cascadia Minerals Ltd. Graham Downs, President and CEO NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE. Cautionary note regarding forward-looking statements: This press release may contain "forward-looking information" within the meaning of applicable securities laws. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The statements in this press release are made as of the date of this press release. The Company undertakes no obligation to update forward-looking information, except as required by securities laws. SOURCE Cascadia Minerals Ltd.
Cision Canada
26-06-2025
- Business
- Cision Canada
Cascadia Provides Exploration Update, Announces AGM Results and Grant of Options
VANCOUVER, BC, June 26, 2025 /CNW/ - Cascadia Minerals Ltd. (" Cascadia") (TSXV: CAM) (OTCQB: CAMNF) is pleased to provide an update on phase one exploration activities at its Catch Property in Yukon. Cascadia also announces the results of its 2025 Annual General Meeting of shareholders (the " Meeting"), and the granting of incentive stock options and restricted share units. Catch Phase One Exploration Update: The first ever diamond drill holes at the Amp Zone were completed with a total of 741.50 m drilled in five holes testing an outcrop which returned 1,065 g/t gold with 267 g/t silver in 2024 prospecting (Figure 1); Field crews identified two discrete zones of surface alteration at Amp, one corresponding with the high-grade gold outcrop samples, and one corresponding with nearby high-grade copper samples (2.13% copper in subcrop sampled in 2023); The Amp Zone is interpreted to be an intermediate sulphidation epithermal zone based on observed mineralogy, vein textures and elemental signature; and Comprehensive field mapping has provided a much better understanding of the potential source of mineralisation at the Volt Zone, preparing it for drilling in a future phase of work. " We have had a very productive start to the exploration season at Catch," said Graham Downs, President and CEO. " Our team now has a much better understanding of the nature of mineralization at Amp and Volt. Based on the scale of the alteration present at Amp, we allocated the full Phase 1 drill program to testing this target. Volt remains a compelling target, and we look forward to drill testing it in future work phases. Our crews will go on a short break before we transition to prospecting and mapping programs at Macks, Milner, Rosy and Idaho Creek while we await assay results from Catch." Catch Property Exploration Overview The 2025 phase one exploration program at Catch consisted of 741.50 m of diamond drilling in five holes at the Amp Zone, as well as the collection of 109 prospecting rock samples and 319 soil samples. Field crews spent two weeks prospecting and mapping the Amp and Volt zones prior to drilling. At Amp, a series of northeast striking alteration zones were identified at surface, corresponding with previous rock samples which returned high copper and gold grades (Figure 1). These zones vary in width and appear to be steeply dipping to the south. A total of five diamond drill holes were completed targeting these zones, with all holes encountering silicified zones, as well as varying amounts of pyrite±sphalerite±chalcopyrite. Based on the observed vein textures and mineral assemblage, the mineralization is interpreted to be intermediate sulfidation in nature. Holes CA-25-011 and CA-25-012 were drilled immediately under the outcrop which returned 1,065 g/t gold with 267 g/t silver in 2024 prospecting. Hole 11 targeted the zone approximately 25 m below surface, and Hole 12 was a deeper undercut. Holes CA-25-013 and CA-25-014 were drilled 50 m to the northeast, along the projected strike of the alteration zone. Hole 13 was a shallower test, with Hole 14 as a deeper undercut. Hole CA025-015 was collared 100 m north of Hole 11, targeting the high-grade gold outcrop from a different drill orientation, to test a second orientation in case the mineralization is orthogonal to the interpreted alteration zone. Crews are in the process of finishing the logging of drill core and are diligently working to cut samples and prepare them for shipment to the assay laboratory. Turnaround times can vary significantly in summer, which is peak Yukon exploration season. Cascadia will provide further updates as soon as results are received and reviewed. Crews also conducted comprehensive prospecting and mapping at the Volt Zone, to identify the bedrock source of significant mineralization in float across a 500 m area. The Volt Zone has a localized landslide at surface which was remobilized material up to several hundred metres from source, complicating the ability to target it in drilling. During the prospecting program, several new outcrops with encouraging alteration on the periphery of the slide area were identified and sampled. The next phase of work will comprise prospecting and mapping at Cascadia's earlier-stage projects, Macks, Milner, Rosy and Idaho Creek, while assay results are pending from Catch. Annual General Meeting Cascadia's Annual General Meeting of shareholders was held on June 25 th, 2025. All seven director nominees listed in the Management Information Circular dated May 13, 2025 were elected. "On behalf of the Cascadia team and board, I would like to officially welcome Paul West-Sells to Cascadia's board of directors. Paul's previous experience on the Carmack's Copper Project while with Western Copper Corporation coupled with his Ph.D. in Metallurgical Engineering and extensive project development experience will be an invaluable benefit to Cascadia as we advance our projects." The resolutions approving the appointment of the Company's auditors and renewal of the Omnibus Equity Incentive Plan (the " Plan") were also passed. At the Meeting, a total of 23,451,278 shares were voted, representing 33.07% of Cascadia's issued and outstanding common shares. The voting results for the election of Directors are set forth below: The voting results for the additional resolutions are set forth below: Equity Incentive Plan Grants Cascadia also announces the granting of incentive stock options (the " Options") to its directors, officers, employees and consultants, pursuant to the Plan, entitling them to purchase up to 2,400,000 common shares at a price of $0.17 per share. These options have a term of five years and will vest on a quarterly basis, commencing three months from the date of grant. In addition, Cascadia also announces the granting of 405,000 Restricted Share Units (" RSUs") to certain of its executive officers and key employees pursuant to the Plan. These RSUs will vest one-third per year commencing one year from the date of grant. Further terms of the RSUs and Options can be found in the Plan, which is summarized in Cascadia's information circular dated May 13, 2025, as filed on SEDAR+ at under the Cascadia Minerals Ltd. profile. About Cascadia Cascadia is a Canadian junior mining company focused on making new copper and gold discoveries the Yukon and British Columbia. Cascadia's flagship Catch Property in the Yukon hosts a brand-new copper-gold porphyry discovery where inaugural drill results returned broad intervals of mineralization, including 116.60 m of 0.31% copper with 0.30 g/t gold. Catch exhibits extensive high-grade copper and gold mineralization across a 5 km long trend, with rock samples returning peak values of 3.88% copper, 1,065 g/t gold, and 267 g/t silver. Cascadia and Granite Creek Copper Ltd. recently announced a merger, whereby Cascadia will acquire all outstanding shares of Granite Creek by way of a plan of arrangement (see news release dated June 9, 2025). Granite Creek is a growth stage exploration company, focused on the acquisition and development of exploration properties that host, or have the potential to host, precious base or critical minerals. GCX's flagship asset is the Carmacks Project in the high-grade Minto copper district in Yukon Territory, Canada. The project is located south of and within 35km of the Minto mine. QA/QC The technical information in this news release has been approved by Austin Schneebeli, Senior Geologist for Cascadia and a qualified person for the purposes of National Instrument 43-101. Prospecting grab samples referenced in this release represent highlight results only, and include results from 2024 and previous seasons. Below detection values for copper, gold and silver have been encountered in grab samples in these target areas. For more details on Catch drilling and prospecting results, please see Cascadia's News Releases dated July 25, 2024, and July 19, 2023. On behalf of Cascadia Minerals Ltd. Graham Downs, President and CEO NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE. Cautionary note regarding forward-looking statements: This press release may contain "forward-looking information" within the meaning of applicable securities laws. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The statements in this press release are made as of the date of this press release. The Company undertakes no obligation to update forward-looking information, except as required by securities laws. SOURCE Cascadia Minerals Ltd.
Cision Canada
16-06-2025
- Business
- Cision Canada
Cascadia Minerals Ltd. to Hold Investor Webinar with Presentation and Audience Q&A Regarding Granite Creek Merger
VANCOUVER, BC, June 16, 2025 /CNW/ - Cascadia Minerals Ltd. (" Cascadia") (TSXV: CAM) (OTCQB: CAMNF), is pleased to invite investors and other interested parties to attend the Company's upcoming live webinar presentation, audience Q&A and interview with Radius Research. President and CEO, Graham Downs, and VP Corporate Development, Andrew Carne. Will discuss Cascadia Minerals' merger with Granite Creek Copper ("GCX"), and its plans to advance GCX's Carmacks Project. The road-accessible Carmacks Project hosts a high-grade Measured and Indicated Resource containing 651 Mlbs of copper and 302 koz of gold (36.3 million tonnes grading 0.81% copper, 0.26 g/t gold, and 3.23 g/t silver and 0.01% molybdenum, or 1.07% copper equivalent) with a 2023 PEA demonstrating positive economic potential ($230.5M Post-Tax NPV (5%) and 29% Post-Tax IRR at US$1,800/oz gold and US$3.75/lb copper). The webinar will be a live, interactive online event where attendees can ask the presenters questions in real time. A recording will be available for those who cannot join the live event. Event: Radius Research Pitch, Deep Dive, and Q&A with Cascadia Minerals Ltd. Presentation Date & Time: Thursday, June 19 @ 2 PM ET / 11 AM PT Webcast Registration Link: Radius Research gives individual investors access to in-depth CEO interviews with deep-dive institutional-level discussion and Q&A. Radius Research is part of Market Radius Capital, Inc. and hosted by Martin Gagel, a former top-ranked sell-side technology and special situations analyst. About Cascadia Cascadia is a Canadian junior mining company focused on making new copper and gold discoveries the Yukon and British Columbia. Cascadia's flagship Catch Property in the Yukon hosts a brand-new copper-gold porphyry discovery where inaugural drill results returned broad intervals of mineralization, including 116.60 m of 0.31% copper with 0.30 g/t gold. Catch exhibits extensive high-grade copper and gold mineralization across a 5 km long trend, with rock samples returning peak values of 3.88% copper, 1,065 g/t gold, and 267 g/t silver. In addition to Catch, Cascadia is conducting exploration work at its Macks and Milner properties – recently staked Catch analogues within Yukon's Stikine Terrane which have additional copper porphyry targets. Cascadia has approximately 70 million shares outstanding and its largest shareholders are Hecla Mining Company, Michael Gentile and Barrick Gold. QA/QC The technical information in this news release has been approved by Andrew Carne, VP Corporate Development for Cascadia and a qualified person for the purposes of National Instrument 43-101. The Mineral Resources and economic analysis disclosed here are referenced from the 2023 Technical Report on the Carmacks Project Preliminary Economic Assessment, authored by SGS Canada Inc. for Granite Creek Copper, and have not been independently reviewed by Cascadia. Mineral Resources are reported based on a 0.30% copper cut-off for mineralization classified as in-pit, and a 0.60% copper cut-off for mineralization classified as below-pit. Copper equivalent value assumes metal prices of $3.75/lb copper, $2,000/oz gold, $25/lb silver, $12/lb molybdenum, and recoveries of 82% for copper, 70% for gold, 69% for silver, and 70% for molybdenum. The results of the Carmacks preliminary economic assessment are preliminary in nature, it includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the preliminary economic assessment will be realized. Prospecting grab samples referenced in this release represent highlight results only, and include results from 2024 and previous seasons. Below detection values for copper, gold and silver have been encountered in grab samples in these target areas. For more details on Catch drilling and prospecting results, please see Cascadia's News Releases dated July 25, 2024, and July 19, 2023. On behalf of Cascadia Minerals Ltd. Graham Downs, President and CEO Cautionary note regarding forward-looking statements: This press release may contain "forward-looking information" within the meaning of applicable securities laws. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The statements in this press release are made as of the date of this press release. The Company undertakes no obligation to update forward-looking information, except as required by securities laws. SOURCE Cascadia Minerals Ltd.
Yahoo
20-05-2025
- Business
- Yahoo
Cascadia Commences First Drill Test of 1,065 g/t Gold Outcrop at Amp Zone Catch Copper-Gold Property, Yukon
VANCOUVER, BC, May 20, 2025 /CNW/ - Cascadia Minerals Ltd. ("Cascadia") (TSXV: CAM) (OTCQB: CAMNF) is pleased to announce the commencement of its fully-funded exploration program for the 2025 field season. Crews have recently mobilized to the Catch copper-gold porphyry and gold-silver epithermal project, where work is underway to follow up on a new 1,065 g/t gold outcrop discovery made in 2024 and other copper-gold target areas. Highlights Amp Zone Epithermal Gold-Silver±Copper Target Prospecting and mapping underway to follow up on 2024 discovery of a new undrilled outcrop returning 1,065 g/t gold with 267 g/t silver (Figure 1); Hand trenching and sampling will focus on a 20 m long area where the average grade of 20 outcrop samples was 73.45 g/t gold with 19.5 g/t silver (Figure 1); Sampling will also follow-up on an area 70 m to the north which returned 2.13% copper in outcrop (Figure 1); Diamond drilling to commence in late May, totaling 400 m in two or three holes targeting the high-grade trend (Figure 1); and Grid soil sampling underway to refine a trend of anomalous results including 1,128 ppb and 471 ppb gold in soil and 531 ppm copper in soil (Figures 2-3). Volt Zone Porphyry Copper-Gold Target Prospecting and surficial mapping underway to identify the bedrock source of a 500 x 500 m area of copper-gold mineralization in float, with rock samples returning 3.03% copper with 4.46 g/t gold, 2.83% copper with 6.07 g/t gold, and 14.60 g/t gold with 0.42% copper (Figures 2-3); and Diamond drilling planned totaling up to 600 m testing the bedrock source of mineralization (Figure 4). Prospecting will also occur at numerous underexplored areas throughout the property with compelling copper-gold±molybdenum soil anomalies. "We're very excited to have our 2025 exploration at Catch underway," stated Cascadia's President and CEO, Graham Downs, "The discovery in 2024 of extremely high-grade gold-silver mineralization at the Amp Zone is a game changer for Cascadia. Crews are conducting detailed prospecting and mapping of outcrops at Amp to refine drill targeting and drill pad placement. With diamond drilling scheduled to begin before the end of the month, we will soon see what these high-grade rocks look like at depth. The next priority for crews will be systematic exploration of the Volt Zone, which has extensive float mineralization across a broad geochemical anomaly. Our team is confident we can localize the bedrock source of this mineralization for drilling after the Amp holes are completed." Figure 1 – Amp Zone Drilling Plan Figure 2 – Amp-Volt Zone Gold-in-Soil Figure 3 – Amp-Volt Zone Copper-in-Soil Figure 4 – Volt Zone Drilling Plan Catch Property Exploration The 119 km2 Catch Property is located in central Yukon, 50 km southeast of the town of Carmacks, within the Traditional Territory of the Little Salmon Carmacks First Nation, in an underexplored part of the Stikine Terrane – a key geological terrane which extends from the Golden Triangle in British Columbia into Yukon. The property is only 10 km from an all-season highway and powerline and has no documented historical exploration before 2020. Work in 2025 is planned to focus on the Amp and Volt zones. At the Amp Zone, two to three shallow drill holes, totaling approximately 400 m, will test high-grade epithermal gold-silver mineralization discovered in outcrop in 2024. One sample returned 1,065 g/t gold with 267 g/t silver, with nearby follow-up samples returning 187.0 g/t gold with 33.9 g/t silver, and 141.0 g/t gold with 45.2 g/t silver. These samples are located within a highly silicified basalt associated with elevated arsenic and antimony geochemistry. Significant copper mineralization has also been encountered in rock samples at Amp, with 2023 sampling returning 2.13% copper in outcrop. Crews will also conduct prospecting and mapping at this target to better understand the distribution of mineralization, and the relationship between the high-grade gold and copper zones. At the Volt Zone, located 1 km north of Amp, drilling will target the as-yet unidentified source of significant copper-gold mineralization in float across a 500 x 500 m area, where 258 rocks returned an average grade of 0.32% copper with 0.70 g/t gold. This mineralization is located within a landslide which has shifted it from source by up to 250 m. Crews will begin by completing a comprehensive mapping and surficial geology study to refine drill targeting, with up to 600 m of diamond drilling planned. The Spark Zone, the focus of Cascadia's 2024 drilling, remains open in multiple directions. A comprehensive core review was conducted this spring, which has identified a distinct north-east trend of mineralization. This corresponds well with a geophysical interpretation which identified key structural controls in the area and a string of potential intrusive centers extending to the northeast from the drilled target. Hand pitting will be completed to sample bedrock in these areas, with additional geophysics and diamond drilling to be considered later in the season, if results warrant. About Cascadia Cascadia is a Canadian junior mining company focused on making new copper and gold discoveries the Yukon and British Columbia. Cascadia's flagship Catch Property in the Yukon hosts a brand-new copper-gold porphyry discovery where inaugural drill results returned broad intervals of mineralization, including 116.60 m of 0.31% copper with 0.30 g/t gold. Catch exhibits extensive high-grade copper and gold mineralization across a 5 km long trend, with rock samples returning peak values of 3.88% copper, 1,065 g/t gold, and 267 g/t silver. In addition to Catch, Cascadia is conducting exploration work at its Macks and Milner properties – recently staked Catch analogues within Yukon's Stikine Terrane which have additional copper porphyry targets. Cascadia has approximately 70 million shares outstanding and its largest shareholders are Hecla Mining Company, Michael Gentile and Barrick Gold. Results referenced in this release represent highlight results only. Below detection values for gold, copper, silver and molybdenum have been encountered in soil and rock samples in these target areas. The technical information in this news release has been approved by Austin Schneebeli, Senior Geologist for Cascadia and a qualified person for the purposes of National Instrument 43-101. On behalf of Cascadia Minerals Ltd. Graham Downs, President and CEO NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE. Cautionary note regarding forward-looking statements: This press release may contain "forward-looking information" within the meaning of applicable securities laws. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The statements in this press release are made as of the date of this press release. The Company undertakes no obligation to update forward-looking information, except as required by securities laws. SOURCE Cascadia Minerals Ltd. View original content to download multimedia: Sign in to access your portfolio
Cision Canada
20-05-2025
- Business
- Cision Canada
Cascadia Commences First Drill Test of 1,065 g/t Gold Outcrop at Amp Zone Catch Copper-Gold Property, Yukon
VANCOUVER, BC, May 20, 2025 /CNW/ - Cascadia Minerals Ltd. (" Cascadia") (TSXV: CAM) (OTCQB: CAMNF) is pleased to announce the commencement of its fully-funded exploration program for the 2025 field season. Crews have recently mobilized to the Catch copper-gold porphyry and gold-silver epithermal project, where work is underway to follow up on a new 1,065 g/t gold outcrop discovery made in 2024 and other copper-gold target areas. Highlights Amp Zone Epithermal Gold-Silver±Copper Target Prospecting and mapping underway to follow up on 2024 discovery of a new undrilled outcrop returning 1,065 g/t gold with 267 g/t silver (Figure 1); Hand trenching and sampling will focus on a 20 m long area where the average grade of 20 outcrop samples was 73.45 g/t gold with 19.5 g/t silve r (Figure 1); Sampling will also follow-up on an area 70 m to the north which returned 2.13% copper in outcrop (Figure 1); Diamond drilling to commence in late May, totaling 400 m in two or three holes targeting the high-grade trend (Figure 1); and Grid soil sampling underway to refine a trend of anomalous results including 1,128 ppb and 471 ppb gold in soil and 531 ppm copper in soil (Figures 2-3). Volt Zone Porphyry Copper-Gold Target Prospecting and surficial mapping underway to identify the bedrock source of a 500 x 500 m area of copper-gold mineralization in float, with rock samples returning 3.03% copper with 4.46 g/t gold, 2.83% copper with 6.07 g/t gold, and 14.60 g/t gold with 0.42% copper (Figures 2-3); and Diamond drilling planned totaling up to 600 m testing the bedrock source of mineralization (Figure 4). Prospecting will also occur at numerous underexplored areas throughout the property with compelling copper-gold±molybdenum soil anomalies. " We're very excited to have our 2025 exploration at Catch underway," stated Cascadia's President and CEO, Graham Downs, " The discovery in 2024 of extremely high-grade gold-silver mineralization at the Amp Zone is a game changer for Cascadia. Crews are conducting detailed prospecting and mapping of outcrops at Amp to refine drill targeting and drill pad placement. With diamond drilling scheduled to begin before the end of the month, we will soon see what these high-grade rocks look like at depth. The next priority for crews will be systematic exploration of the Volt Zone, which has extensive float mineralization across a broad geochemical anomaly. Our team is confident we can localize the bedrock source of this mineralization for drilling after the Amp holes are completed." Catch Property Exploration The 119 km 2 Catch Property is located in central Yukon, 50 km southeast of the town of Carmacks, within the Traditional Territory of the Little Salmon Carmacks First Nation, in an underexplored part of the Stikine Terrane – a key geological terrane which extends from the Golden Triangle in British Columbia into Yukon. The property is only 10 km from an all-season highway and powerline and has no documented historical exploration before 2020. Work in 2025 is planned to focus on the Amp and Volt zones. At the Amp Zone, two to three shallow drill holes, totaling approximately 400 m, will test high-grade epithermal gold-silver mineralization discovered in outcrop in 2024. One sample returned 1,065 g/t gold with 267 g/t silver, with nearby follow-up samples returning 187.0 g/t gold with 33.9 g/t silver, and 141.0 g/t gold with 45.2 g/t silver. These samples are located within a highly silicified basalt associated with elevated arsenic and antimony geochemistry. Significant copper mineralization has also been encountered in rock samples at Amp, with 2023 sampling returning 2.13% copper in outcrop. Crews will also conduct prospecting and mapping at this target to better understand the distribution of mineralization, and the relationship between the high-grade gold and copper zones. At the Volt Zone, located 1 km north of Amp, drilling will target the as-yet unidentified source of significant copper-gold mineralization in float across a 500 x 500 m area, where 258 rocks returned an average grade of 0.32% copper with 0.70 g/t gold. This mineralization is located within a landslide which has shifted it from source by up to 250 m. Crews will begin by completing a comprehensive mapping and surficial geology study to refine drill targeting, with up to 600 m of diamond drilling planned. The Spark Zone, the focus of Cascadia's 2024 drilling, remains open in multiple directions. A comprehensive core review was conducted this spring, which has identified a distinct north-east trend of mineralization. This corresponds well with a geophysical interpretation which identified key structural controls in the area and a string of potential intrusive centers extending to the northeast from the drilled target. Hand pitting will be completed to sample bedrock in these areas, with additional geophysics and diamond drilling to be considered later in the season, if results warrant. About Cascadia Cascadia is a Canadian junior mining company focused on making new copper and gold discoveries the Yukon and British Columbia. Cascadia's flagship Catch Property in the Yukon hosts a brand-new copper-gold porphyry discovery where inaugural drill results returned broad intervals of mineralization, including 116.60 m of 0.31% copper with 0.30 g/t gold. Catch exhibits extensive high-grade copper and gold mineralization across a 5 km long trend, with rock samples returning peak values of 3.88% copper, 1,065 g/t gold, and 267 g/t silver. In addition to Catch, Cascadia is conducting exploration work at its Macks and Milner properties – recently staked Catch analogues within Yukon's Stikine Terrane which have additional copper porphyry targets. Cascadia has approximately 70 million shares outstanding and its largest shareholders are Hecla Mining Company, Michael Gentile and Barrick Gold. Results referenced in this release represent highlight results only. Below detection values for gold, copper, silver and molybdenum have been encountered in soil and rock samples in these target areas. The technical information in this news release has been approved by Austin Schneebeli, Senior Geologist for Cascadia and a qualified person for the purposes of National Instrument 43-101. On behalf of Cascadia Minerals Ltd. Graham Downs, President and CEO Cautionary note regarding forward-looking statements: This press release may contain "forward-looking information" within the meaning of applicable securities laws. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The statements in this press release are made as of the date of this press release. The Company undertakes no obligation to update forward-looking information, except as required by securities laws. SOURCE Cascadia Minerals Ltd.
