Little Salmon Carmacks First Nation and Cascadia Minerals Ltd.

About this update from Cascadia Minerals Ltd

VANCOUVER, BC, July 16, 2026 /CNW/ -- Cascadia Minerals Ltd. (" Cascadia ") (TSXV: CAM) (OTCQB: CAMNF) is pleased to provide a joint press release with the Little Salmon Carmacks First Nation. Representatives of Cascadia, including Graham Downs (President and CEO), met with Chief Blackjack and members of his council and administration on the Traditional Territory of the Little Salmon Carmacks First Nation in June. The meeting was a positive step forward in working collaboratively within the Little Salmon Carmacks First Nation Traditional Territory. Details of what that relationship will look like have not yet been determined however Cascadia is committed to working with the Nation to ensure that its exploration projects move forward in a good way and have the support of the Nation. Cascadia confirmed that no activity will take place in the Claire Lake Region without the support of the Nation. Cascadia and Little Salmon Carmacks First Nation look forward to continuing deeper discussions on how to work collaboratively as Cascadia works to advance its Carmacks Copper Project, which is located outside of the Claire Lake Region, and its other projects within Little Salmon Carmacks First Nation Traditional Territory. The parties are in the initial stages of conversations regarding the possibility of developing a Memorandum of Understanding to guide the relationship.  On behalf of Little Salmon Carmacks First Nation: On behalf of Cascadia Minerals Ltd.: Chief Russell Blackjack Graham Downs, President and CEO About LSCFN Little Salmon Carmacks First Nation is a Self-Governing FN located in central Yukon. The Nation prides itself on protection of the Land that they have occupied for time immemorial while working to create opportunities for its Nations citizens. About Cascadia Cascadia's flagship asset is the Carmacks Project in the high-grade Minto Copper Belt in Yukon Territory, Canada. Cascadia is also exploring the Stikine Terrane in Yukon for new gold-copper discoveries through its Strategic Alliance with Agnico Eagle. The Stikine Terrane extends into Yukon from British Columbia's Golden Triangle and is a highly prospective target area for gold-copper porphyry mineralization. While the expression of the Stikine Terrane in British Columbia has been explored in detail – resulting in numerous discoveries – its expression in Yukon is comparatively underexplored and not well understood. Qualified Person The technical information in this news release has been approved by Thomas Hawkins, P.Geo., VP Exploration for Cascadia and a qualified person for the purposes of National Instrument 43-101.

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