Cascadia Minerals Commences 2026 Exploration at the Carmacks Project, Yukon

About this update from Cascadia Minerals Ltd

VANCOUVER, BC, May 4, 2026 /CNW/ - Cascadia Minerals Ltd. ("Cascadia") (TSXV: CAM) (OTCQB: CAMNF) is pleased to announce the commencement of its fully-funded 2026 exploration program at its road-accessible Carmacks copper-gold project in central Yukon. Carmacks Exploration Plan Highlights 15,000 m of diamond drilling now underway at the Carmacks Project, the largest diamond drill program on the property since 2007; Drilling will continue testing expansion of sulphide mineralization at the Carmacks Deposit, including step-outs on key 2025 intersections (Figure 1): Zone 147 – CD-25-033 returned 83.52 m of 0.89% copper with 0.26 g/t gold, including 26.33 m of 1.53% copper with 0.35 g/t gold; Zone 2000S – CD-25-040 returned 87.44 m of 0.63% copper with 0.15 g/t gold, including 21.27 m of 1.25% copper with 0.28 g/t gold; and Zone 1213 – CD-25-035 returned 60.12 m of 0.84% copper with 0.16 g/t gold, including 25.20 m of 1.36 % copper with 0.25 g/t gold. Three targets located within 1 km of the Carmacks Deposit will be drill tested (Figure 1); Drilling at Zone A, 11 kms north of the Carmacks Deposit, where drilling in 1980 returned 22.86 m of 2.27% copper with 2.20 g/t gold from 56.21 m (Figure 2); and Metallurgical and engineering studies will be initiated to complete work necessary to prepare for prefeasibility in 2028. "We are excited to begin the largest diamond drill program at the Carmacks Deposit in almost two decades," said Graham Downs, President and CEO of Cascadia. "With funding from our recently completed equity investment by Agnico Eagle, we will be reviewing opportunities to further expand the Carmacks drill program this season. The additional funding will also allow us to restart baseline water and environmental work and initiate a robust metallurgical and engineering program necessary to prepare for commencement of prefeasibility work in 2028." Figure 1 – Carmacks Deposit MapFigure 2 – Carmacks Regional Map To learn more about Cascadia and the 2026 Carmacks drilling, join Graham Downs, Cascadia's President & CEO for a webinar on Wednesday, May 6th at 1PM ET / 10 AM PT. Register here: https://6ix.com/event/cascadia-minerals-exploring-for-copper-and-gold-at-carmacks Drill Plan Overview Approximately 10,000 m of drilling will focus on continued resource expansion at the Carmacks Deposit. Much of the historic drilling at the deposit focused solel...

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