Cascadia Expands Carmacks Mineralization with High-Grade Drill…

Event summary

Cascadia drilled 75.55 m of 1.19% Cu and 0.97 g/t Au at the Carmacks project, Yukon, expanding Zone 2000S mineralization beyond existing resource boundaries.
Three new drill holes returned high-grade results, including 48.66 m of 1.61% Cu and 1.39 g/t Au in Hole CD-26-058.
Mineralization remains open in multiple directions, with drilling continuing until mid-October 2026.
The Carmacks project covers 180 km² within the Minto Copper Belt, with an existing Measured and Indicated Resource of 651 Mlbs Cu and 302 koz Au.

The big picture

Cascadia's high-grade drill results at the Carmacks project highlight the potential for significant resource expansion in the Minto Copper Belt. The findings come as the mining sector continues to seek high-quality copper-gold assets amid growing demand for critical minerals. The project's road accessibility and proximity to grid power position it favorably for future development, though success will depend on maintaining high-grade intersections and managing operational scaling efficiently.

What we're watching

Resource Expansion: Whether Cascadia can sustain high-grade intersections in pending drill results and future programs.
Market Dynamics: How the expanded mineralization at Carmacks will impact the project's economic potential and investor interest.
Operational Scaling: The pace at which Cascadia can upgrade camp facilities and scale up work programs for 2027.