Cascadia Minerals Expands Mineralization at the Carmacks Project with 52.84 m of 1.04% Cu and 0.37 g/t Au (1.45% CuEq)

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VANCOUVER, BC, Aug. 10, 2026 /CNW/ -- Cascadia Minerals Ltd. ("Cascadia") (TSXV: CAM) (OTCQB: CAMNF) is pleased to announce the results of six additional drill holes from its fully-funded 2026 exploration program at the road-accessible Carmacks copper-gold project in central Yukon. These results continue to expand mineralization at Carmacks beyond the boundaries of the existing Mineral Resource. Carmacks Drilling Highlights Hole CD-26-050 at Zone 2000S returned: 52.84 m of 1.04% copper with 0.37 g/t gold (1.45% CuEq), including 11.68 m of 2.59% copper with 0.98 g/t gold (3.65% CuEq); Hole CD-26-047 at Zone 147 returned: 93.22 m of 0.79% copper with 0.23 g/t gold (1.03% CuEq), including 17.65 m of 2.36% copper with 0.79 g/t gold (3.09% CuEq); Hole CD-26-048 at Zone 2000S returned: 91.00 m of 0.69% copper with 0.24 g/t gold (0.95% CuEq), including 38.94 m of 0.84% copper with 0.33 g/t gold (1.15% CuEq); Drilling has continued to step-out north of Zone 200S, towards Zone 147, encountering sulphide mineralization over 250 m beyond the Mineral Resource at the 2000S Zone, with results pending for five additional step-out holes. "The successful step-out drilling to the north of the 2000S Zone is extremely encouraging. These holes demonstrate the potential to meaningfully build on the existing Mineral Resource in close proximity to known mineralization," said Graham Downs, President and CEO of Cascadia. "Drilling continues to step further north, testing the potential to close the gap between the 2000S and 147 zones. Drilling encountered mineralization 250 m north of the previous boundary of the mineral resource at Zone 2000S, nearly doubling the previously defined strike length of the zone, and coming within 350 m of mineralization of the south end of Zone 147. One drill will continue to test this area, while the second drill will be moving to Zone 14, following up on 2007 drilling that identified promising sulphide mineralization in a parallel raft. Drilling later this season will focus on testing the down dip extent of mineralization of the 1213 Zone as well as testing Zone A in the northern portion of the property, where high-grade mineralization was intersected in 1980." Figure 1 – 2026 Drill Plan MapFigure 2 – Zone 147 Long SectionFigure 3 – Zone 2000S Long SectionFigure 4 – Cross Section A, CD-26-047Figure 5 – Cross Section B, CD-26-048Figure 6 – Cross...

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