Cascadia Minerals Ltd. is excited to share an update on its ongoing exploration activities in Yukon and British Columbia, focused on discovering new copper-gold porphyry systems. The company has successfully completed its 2024 fieldwork program, and assay results for multiple projects are eagerly anticipated.
Catch Property Exploration – Yukon
Cascadia’s exploration efforts at the Catch Property continued to yield positive results. Phase 1 drilling in May at the Spark Zone extended the strike length of copper porphyry mineralization by 315 meters, with hole CA-24-006 returning 106.00 meters of 0.52% CuEq. Phase 2 drilling at the Spark Zone has also been completed, totaling 1,441.54 meters across two step-out holes. Additionally, Phase 2 prospecting and structural geology work was completed at the Amp Zone, resulting in the collection of 11 rock samples. This followed the discovery of high-grade epithermal gold-silver mineralization, with a sample returning an impressive 1,065 g/t gold and 267 g/t silver.
PIL Property Exploration – British Columbia
Cascadia’s first-ever drill program on the PIL property was completed, comprising two diamond drill holes at the PIL South target, totaling 1,759 meters. A new area of visual copper mineralization in outcrop was discovered 1.5 km south of the Copper Ridge target, measuring approximately 400 x 300 meters across a vertical extent of over 100 meters. This discovery, along with extensive property-wide prospecting and mapping, resulted in the collection of 408 rock samples.
Other Exploration Activities – Yukon
Cascadia conducted mapping and geochemical sampling programs at the early-stage Sands of Time, Mack’s Copper, and Milner properties. These properties hold potential for new copper-gold porphyry discoveries. A total of 652 soil samples and 10 rock samples were collected at the Sands of Time property, located adjacent to Western Copper and Gold’s Casino deposit. At the Mack’s Copper property, located 42 km south of Carmacks, a total of 696 soil samples and 35 rock samples were collected. Lastly, 878 soil samples and 30 rock samples were gathered at the Milner Property, located 80 km northeast of Whitehorse.
Key Highlights of the 2024 Exploration Program
– Continued expansion of known copper porphyry mineralization at the Catch Property.
– Successful completion of the first drill program at the PIL Property, yielding promising results.
– Discovery of a large area of visual copper mineralization in outcrop at the PIL Property.
– Comprehensive prospecting and mapping across multiple properties, generating numerous new targets.
– Advancement of early-stage projects through the exploration pipeline in preparation for future drilling.
Catch Property Exploration Details
The 2024 Phase 2 exploration program at Catch included prospecting, mapping, and diamond drilling. Two diamond drill holes totaling 1,445.41 meters were drilled at the Spark Zone, and 11 rock samples were collected. This brings the total number of diamond drill holes at the Spark Zone to five, with a combined total of 3,054.54 meters. Follow-up prospecting focused on the Amp Zone, where the previously discovered high-grade epithermal gold mineralization was further investigated. 11 rock samples were collected in this area to provide further insight into the gold-silver mineralization hosted within a highly silicified basalt.
The 119 km² Catch Property is situated in central Yukon, 50 km southeast of Carmacks. It is located within the traditional territory of the Little Salmon Carmacks First Nation and lies within the Stikine terrane, a significant geological terrane known for its copper-gold-molybdenum porphyry deposits.
PIL Property Exploration Details
Cascadia’s first diamond drill program at the PIL property included two holes at the PIL South target, totaling 1,759.00 meters. Both holes were extended beyond their initial target depths. Additionally, the company conducted a comprehensive prospecting and mapping program, resulting in the collection of 408 rock samples. The PIL South target is characterized by an IP chargeability anomaly that coincides with high-grade samples in outcrop.
The 151 km² PIL Property is located in the heart of the Toodoggone district in northern British Columbia, within the eastern part of the Stikine Terrane. This region is renowned for its porphyry copper-gold-molybdenum mines, deposits, and prospects, and hosts numerous epithermal gold-silver projects.
Other Properties
Exploration work was also completed at the Mack’s Copper, Milner, and Sands of Time properties, all located in Yukon. These properties were staked based on geological similarities to the Catch property and are situated within the Stikine Terrane.
The 75 km² Mack’s Copper Property is located 44 km south of Carmacks, near the Klondike Highway and grid power. This property was staked in late 2023 and holds significant potential for copper-gold porphyry mineralization. This season, a total of 696 soil samples and 35 rock samples were collected.
The 44 km² Milner Property is situated 80 km northeast of Whitehorse, adjacent to the Livingstone placer gold camp. This property was staked in late 2023 and covers an area with no documented historical work. A total of 878 soil samples and 30 rock samples were collected this season.
The 57 km² Sands of Time Property is located adjacent to Western Copper and Gold’s Casino porphyry project in western-central Yukon. This property hosts two large molybdenum ± copper soil geochemical anomalies, similar in size to the Casino Deposit. This season, 652 soil samples were collected to extend broad-spaced coverage across the property, and 10 prospecting rock samples were taken from areas with limited previous work.
About Cascadia Minerals Ltd.
Cascadia is a Canadian junior mining company dedicated to making new copper and gold discoveries in Yukon and British Columbia. The company’s flagship Catch Property in Yukon hosts a brand-new copper-gold porphyry discovery. In addition to Catch, Cascadia is currently drilling the PIL Property in British Columbia, and is actively exploring other properties like Mack’s Copper, Milner, and Sands of Time. Cascadia has approximately 53 million shares outstanding, with major shareholders including Hecla Mining Company, Michael Gentile, and Barrick Gold.
