Cascadia Provides Exploration Update and Appoints Vice President of Exploration
Key Point Summary
- Crews have been mobilized to Cascadia's recently acquired
Carmacks Project to prepare for a 4,000 m diamond drill program (Figure 1); - Drilling will focus on resource expansion with step-outs on 2021 drill holes that returned 105.52 m of 0.96% copper, 0.18 g/t gold, 4.0 g/t silver and 119.40 m of 0.76% copper, 0.14 g/t gold, 2.6 g/t silver (CRM21-011 and CRM21-025, respectively);
- Appointment of Thomas Hawkins, PhD, as VP Exploration, bringing decades of exploration experience to lead Cascadia's accelerated plans to advance the
Carmacks Project and make new discoveries throughoutYukon's Stikine Terrane; and, - 2025 prospecting at the
Amp Zone on the Catch Property returned outcrop samples with visible gold that returned 699 g/t gold with 100 g/t silver and 0.65% zinc, and 80.74 g/t gold with 12.4 g/t silver and 0.11% zinc (Figures 2 and 3); and - Inaugural drilling at Amp identified sporadic intervals of gold mineralization, but was unsuccessful in determining the source of high-grade surface gold at the Amp (Figure 4).
"We're very excited to get crews on the ground to prepare for Cascadia's inaugural drill program at the
Figure 1 – Carmacks Project Location
Figure 2 – Amp Zone
Figure 3 – Amp Zone
Carmacks Property Mobilization
The road-accessible
Cascadia's work at the
Drilling in 2025 will step out on previous drill holes that returned very favourable results and test gaps in the sulphide resource. Further details regarding the 2025 drill program will be provided once drilling has commenced.
Vice President of Exploration Appointment
Cascadia has appointed
In this new role,
- Designing and executing near-term drill programs on priority targets;
- Advancing data-driven generative work to expand Cascadia's discovery pipeline; and
- Strengthening technical partnerships and community engagement.
"We are very fortunate to have Tom join our team, and the board and I would like to offer him a very warm welcome. As Cascadia accelerates work at the
"I'm excited to join Cascadia at this pivotal time," said
Catch Exploration Results
2025 exploration at the Catch Property comprised an inaugural diamond drilling program targeting high-grade gold surface samples at the
Prospecting at the
Mapping identified a series of northeast striking alteration zones that vary in width, dip steeply to the south and consist of moderate to strong silicification, oxidation, bleaching, brecciated and discontinuous quartz-calcite veinlets as well as varying amounts of pyrite ± sphalerite ± chalcopyrite. Vein textures and mineral assemblage are indicative of intermediate sulphidation epithermal style mineralization.
A total 741.50 metres over five diamond drill holes tested the alteration zone directly below and along strike of the gold bearing outcrop and subcrop at the
Table 1 : 2025 Catch Drill Highlights
Drill Hole |
From (m) |
To (m) |
Interval (m) |
Gold (g/t) |
Silver (g/t) |
CA-25-011 |
198.00 |
201.00 |
3.00 |
1.51 |
0.9 |
CA-25-012 |
No Significant Mineralization |
||||
CA-25-013 |
107.00 |
109.28 |
2.28 |
0.33 |
7.7 |
CA-25-014 |
1.88 |
4.88 |
3.00 |
- |
49.3 |
CA-25-015 |
No Significant Mineralization |
The source of high-grade gold found during surface sampling remains unexplained. Drilling has revealed that gold mineralization at the
Table 2 : 2025 Catch Drill Hole Collars*
Drill Hole |
Easting (m) |
Northing (m) |
Azimuth (°) |
Dip (°) |
Depth (m) |
CA-25-011 |
482753 |
6860774 |
310 |
-50 |
253.5 |
CA-25-012 |
482753 |
6860775 |
310 |
-65 |
152.0 |
CA-25-013 |
482793 |
6860807 |
310 |
-50 |
120.0 |
CA-25-014 |
482793 |
6860806 |
312 |
-65 |
105.0 |
CA-25-015 |
482725 |
6860863 |
183 |
-50 |
111.0 |
* Easting and Northing are UTM co-ordinates in the NAD 83 datum, zone 8N. Azimuth is respect to true north. |
Equity Incentive Plan Grants
Cascadia also announces the granting of incentive stock options (the "Options") to certain of its directors, officers, employees and consultants, pursuant to the plan, entitling them to purchase up to 650,000 common shares at a price of
About Cascadia
Cascadia's flagship asset is the
Cascadia also has a pipeline of discovery stage copper-gold properties throughout the Yukon Stikine Terrane including its Catch Property, which hosts a copper-gold porphyry discovery where inaugural drill results returned broad intervals of mineralization (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.
QA/QC
Analytical work was completed by
Rigorous procedures are in place regarding sample collection, chain of custody and data entry. Certified assay standards, duplicate samples and blanks are routinely inserted into the sample stream of diamond drill samples to ensure integrity of the assay process. All diamond drill samples included in this news release have passed the QA/QC procedures as described above. All assay intervals presented in this news release are uncut. Core was sampled using a diamond saw, with half of each interval sent to the lab for analysis, and the other half retained.
Prospecting grab samples referenced in this release represent highlight results only and include results from 2025 and previous seasons. Grab samples are selective by nature, below detection values for copper, gold and silver have been encountered in grab samples in these target areas. Estimated true widths vary but are expected to be typically 60-70% of the intersected widths.
The technical information in this news release has been approved by
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE
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. Cascadia undertakes no obligation to update forward-looking information, except as required by securities laws.
SOURCE