Cascadia Drills High-Grade Copper-Gold Intersection at Carmacks Project — Cascadia Minerals Ltd.

Event summary

Cascadia drilled 82.69 m of 1.12% Cu and 0.64 g/t Au (1.78% CuEq) at Zone 2000S of the Carmacks Project in Yukon.
The intersection includes 49.16 m of 1.63% Cu and 0.95 g/t Au (2.62% CuEq), one of the highest-grade intervals ever drilled on the project.
Sulphide mineralization was encountered 300 m beyond the existing Mineral Resource, doubling the strike length of Zone 2000S.
The 2026 drill program was expanded from 15,000 m to 18,000 m to allow for additional drilling at the northern extension of Zone 2000S.
Drilling has commenced at Zone A, located 11 km northwest of the main Carmacks Deposit.

The big picture

Cascadia's latest drilling results at the Carmacks Project highlight the potential for significant resource expansion and higher-grade mineralization. The project is situated within the Minto Copper Belt, a region known for its copper-gold-molybdenum porphyries. The successful drilling results could enhance the project's economic viability and attract further investment. The strategic alliance with Agnico Eagle Mines Ltd. also positions Cascadia to leverage additional exploration and development capabilities in the Stikine Terrane.

What we're watching

Resource Expansion: Whether the additional drilling at the northern extension of Zone 2000S will further expand the mineral resource and improve the project's economic potential.
High-Grade Intersections: How the high-grade intersections at Zone 2000S will impact the overall grade and quality of the Carmacks Deposit.
Exploration Success: The pace at which Cascadia can translate these positive drilling results into a larger, higher-grade mineral resource.