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Cascadia Minerals Ltd
Jul 7, 2026 at 11:00 AM UTC
Jul 7
Jul 7, 2026 at 11:00 AM UTC
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Cascadia Expands Sulphide Mineralization with 106.62 m of 1.09% CuEq (0.79% Copper, 0.28 g/t Gold) at the Carmacks Copper-Gold Project, Yukon

VANCOUVER, BC, July 7, 2026 /CNW/ - Cascadia Minerals Ltd. ("Cascadia") (TSXV: CAM) (OTCQB: CAMNF) is pleased to announce the first drill results from its fully-funded 2026 exploration program at the road-accessible Carmacks copper-gold project in central Yukon.

Carmacks Drilling Highlights

  • Hole CD-26-046 at Zone 2000S returned:

    • 106.62 m of 0.79% copper with 0.28 g/t gold (1.09% CuEq),

    • including 23.15 m of 1.42% copper with 0.51 g/t gold (1.94% CuEq);

  • Hole CD-26-041 at Zone 147 returned:

    • 98.16 m of 0.92% copper with 0.11 g/t gold (1.06% CuEq),

    • including 21.24 m of 2.38% copper with 0.30 g/t gold (2.82% CuEq);

  • Hole CD-26-046 extended Zone 2000S north by 60 m, with mineralization open at depth and along strike;

  • Additional drilling has tested extension of Zone 2000S a further 50 m to the north (to a total of 111 m beyond previous drilling) and at depth, as well as extensions of Zone 147 at depth, with results pending; and

  • Over 8,000 m of drilling has been completed in 16 holes and crews are on track to complete the planned 15,000 m program this season.

"We are achieving exactly what we set out to do this season. The broad intercept in hole 46 at Zone 2000S demonstrates the potential to significantly extend mineralization outside of the existing resource model," said Graham Downs, President and CEO of Cascadia. "A total of 16 holes, comprising 8,226 m, have been completed this season out of a planned 15,000 m of drilling. This represents the largest drill program on the property since 2007, and the first significant drill campaign targeting expansion of sulphide resources. All of the holes drilled at zones 147 and 2000S have intersected mineralization, with assays received for the 5 holes reported in this release. We will continue to test further growth of the 2000S and 147 zones through step-out drilling, and will soon start drilling to expand Zone 1213, which has seen primarily shallow holes to-date. Crews have also started regional exploration work across the Carmacks property, and initial results have identified a new high-priority target for further follow-up."

Figure 1 – Drill Plan Map
Figure 2 – Zone 147 Long Section
Figure 3 – Zone 2000S Long Section
Figure 4 – Cross Section A, CD-26-041

To learn more about these results, join Graham Downs, Cascadia's President & CEO for a webinar on Wednesday, July 8th at 2PM ET / 11 AM PT. Register here:

https://6ix.com/event/cascadia-drill-campaign-delivers-successful-step-outs

2026 Carmacks Drilling Summary

A total of 16 holes, comprising 8,226 m, have been completed out of a planned 15,000 m of drilling. This represents the largest drill program on the property since 2007, and the first significant drill campaign targeting expansion of sulphide resources. All of the holes drilled at zones 147 and 2000S have intersected mineralization, with assays received for the 5 holes reported in this release.