Cascadia Commences First Drill Test of 1,065 g/t Gold Outcrop at Amp Zone Catch Copper- Gold Property, Yukon
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.
Amp Zone 2025 (CNW Group/Cascadia Minerals Ltd.)
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.
"
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 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
, B.Sc.,
P.Geo., 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.
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For further information:
For further information, please contact: Andrew Carne, M.Eng., P.Eng.,
VP Corporate Development, Cascadia Minerals Ltd., T: 604-688-0111 ext. 106,
CO: Cascadia Minerals Ltd.
CNW 08:00e 20-MAY-25