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Sarita Este GOLD Project Update―first Phase of 2017 Exploration

Corporate Updates

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CASCADERO COPPER

(TSXV: CCD)

WEDNESDAY NOVEMBER 15th 2017

SARITA ESTE GOLD PROJECT

UPDATE―FIRST PHASE OF 2017 EXPLORATION

The Company is pleased to announce the results of Phase One of its Sarita Este program in

the Puna region of Salta Province, Argentina.

The Sarita Este prospect is an untested gold bearing system th at is believed to represent a

high-sulphidation epithermal system periphe ral to First Quantum’s Taca Taca copper-

molybdenum-gold porphyry deposit located appr oximately six kilometres to the northeast.

Of the 128 prospecting rock samples collected in the area since 2004, 87 (68%) are greater

than 1 ppm gold and 36 (28%) are greater than 10 ppm gold. The gold bearing samples are

from sheeted quartz veins within a broad area of recessively weat hered limonitic, sericitic

and clay altered volcaniclastics. The alteration system appears to be structurally controlled

exhibiting a strike length of 1,200 metres in a NNW trending direction and 400 metres wide.

Outcrop is limited by the recessive weathering and the prospect is open in all directions.

The samples are selective grab samples, and the geochemical results are not necessarily

representative of the mineralization hosted on the property.

The October 2017 program consisted of grid soil sampling, rock sampling detailed structural

and geological mapping. A total of 646 soil sa mples were collected from the “C” horizon,

and a total of 218 rocks samples were colle cted, including 46 one-metre channel samples

from three (3) historic 2012 Cascadero trenches.

All samples were shipped to the Alex Stewar t Argentina SA Lab in Mendoza for preparation

and analysis of 42 elements by 4 acid digest and Ultratrace ICP-MS, a nd gold by fire assay

AA. Currently, the QA/QC program consists of the insertion of duplicates and standards at

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the lab. A more rigorous QA/QC program of field blanks and standards will be

implemented once drilling and trenching begins.

Alex Stewart Argentina SA is an ISO 9001 and ISO 14001 accredit ed analytical lab and is not

a related party to Cascadero Copper Corp.

Phase Two trenching and systematic sampling of the Sarita Este zone will begin once

results have been received and permitting is in place.

The Sarita Este property is an early stage exploration project on which no mineral resource

has been identified nor has the economic viabil ity or technical feasibility been established.

The property has never been subject to a drill program.

Andrew Wilkins, PGeo, approved the technica l content of this ne ws release and is a

Qualified Person under NI 43-101.

About the Company:

Cascadero Copper is an integrated mineral exploration and development business, which

through its 70% owned subsidiary, Cascadero Minerals Corp Canada (CMC) and its partner

Regberg Ltd. (Singapore) manage and fina nce CMC as a 70/30 Joint Venture. The

Company holds exploration rights to 27 tenements in north we stern Argentina. Twenty-two

(22) of the tenements are organized into four (4) core areas: Taron; Taca Taca; Santa Rosa;

El Oculto and five (5) of the tenements are st and-alone-exploration opportunities. In 2014,

the Company changed its business model fr om ‘prospect generator’ to a property

‘developer’ model.

The Company’s commodity focus includes: the alkaline metals Cesium and Rubidium, and

the rare metal Thallium. Gold, Silver, Lead , Copper, Zinc, are pres ent in most of the

tenements, while Tellurium and Tin are present in historic drill holes in the Incamayo high-

sulphidation showing in additi on to the presence of Copper, Gold and Silver values. The

current portfolio consists of a variety of ge ological settings, alteration assemblages and

deposit types, of which most contain precio us metals. The tenements are mainly 100%

owned by CMC and were generated from grass roots prospecting from 2004 to 2014. In 2006,

the Company had seventy-five tenements coveri ng 203,000 hectares. The current portfolio is

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a rendering of those tenements. There ar e no underlying agreements on any of the

tenements but twenty (20) including Taron, are subject to a 1% NSR and none is subject to

Joint Venture or Buy―Sell agreements. Three of the properties are subject to Confidentiality

Agreements. The Company has o ffices in North Vancouver, BC and Salta City in the

province of Salta, Republic of Argentina.

Bill McWilliam

Chairman

Office = 604.924.5504

Cell = 604-999-0391

[email protected]

“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 release.”