Cascadia Minerals Ltd. has intersected 82.69 metres grading 1.12% copper with 0.64 g/t gold (1.78% copper equivalent) in hole CD-26-056 at the Zone 2000S target of the Carmacks project in central Yukon.

The drill hole, which included a higher-grade intercept of 49.16 metres at 1.63% copper and 0.95 g/t gold (2.62% copper equivalent), was collared 70 metres northwest of hole CD-26-050. Drilling at Zone 2000S has encountered sulphide mineralization 300 metres beyond the existing Mineral Resource, effectively doubling the known strike length of the zone. The step-out program also returned elevated gold and molybdenum grades compared to the wider deposit.

The 180-square-kilometre Carmacks Project serves as Cascadia's flagship asset, situated within the Traditional Territory of the Little Salmon Carmacks and Selkirk First Nations. Work on the asset follows Cascadia's acquisition of the project from Granite Creek Copper, marking the resumption of significant drilling following a period of inactivity that lasted until late 2025.

In response to the ongoing exploration success, Cascadia has expanded its fully-funded 2026 diamond drill program from 15,000 metres to approximately 18,000 metres to accommodate additional testing at the northern extension of Zone 2000S. A total of 26 holes comprising 13,106 metres have been completed to date.

“The interval drilled in hole 56 is one of the strongest intersections ever returned on the property,” said Graham Downs, President and CEO of Cascadia. “The discovery of this significant extension of Zone 2000S in an area previously thought to be barren is extremely encouraging. In addition to high-grade copper, this area is also exhibiting more gold than is typically seen elsewhere in the deposit. Given the success of this year's drilling, we are expanding our 2026 drill program to approximately 18,000 m, with additional follow-up holes planned in the 2000S area. We have also recently completed regional exploration holes at Zone 14, located 500 m east of the Carmacks Deposit, and drilling is now underway at Zone A, 11 km northwest of the Carmacks Deposit.”

— Graham Downs, President and CEO of Cascadia

Readers can view the Carmacks Deposit and newly released results in 3D to examine the geometry of the mineralized zones.

Assay results remain pending for six step-out holes at Zone 2000S and three holes recently drilled at Zone 14 as the exploration team continues testing structural targets across the district.

Read the full announcement: Cascadia Drills 82.69 m of 1.12% Cu and 0.64 g/t Au (1.78% CuEq) at the Carmacks Project, Yukon