Cascadia Discovers New High-Grade Gold and Silver Mineralization at its Rosy Property, Yukon

Cascadia Discovers New High-Grade Gold and Silver Mineralization at its Rosy Property, Yukon

Cascadia Minerals Ltd. ("Cascadia") (TSX-V:CAM) (OTCQB:CAMNF) is pleased to provide 2025 exploration results from its 100%-owned road-accessible Rosy Property in south-central Yukon. The Rosy Property hosts widespread gold-silver bearing epithermal quartz-carbonate veins likely related to the adjacent Red Mountain Molybdenum Deposit.

Highlights

  • Prospecting in 2025 extended the mineralized footprint at Rosy, returning the highest gold grade ever sampled on the property: 45.40 g/t gold and 10.1 g/t silver;
  • Numerous additional rock samples returned high-grade gold and silver including 24.20 g/t gold with 39.4 g/t silver in float, 13.85 g/t gold with 5.9 g/t silver in outcrop, and 2.32 g/t gold with 302 g/t silver in float;
  • Prospecting and mapping have outlined a 3.8 km × 2.5 km gold-arsenic ± silver ± antimony soil anomaly and over 35 gold-silver low-sulphidation epithermal quartz-carbonate veins; and
  • Historical prospecting has returned very high-grade silver, including a 2016 rock sample which returned 0.31 g/t gold with 1,835 g/t silver.

"With gold and silver prices at record highs, we are excited to scale up work at our road-accessible, royalty-free Rosy Property. The mineralogy, extent and tenor of mineralization at Rosy is clear evidence of a large epithermal gold-silver system," said Graham Downs, President and CEO of Cascadia. "The main target at Rosy has seen minimal historical work, with less than 300 m of drilling. Planning is underway for follow-up work to advance multiple targets at Rosy to the drill stage."

Figure 1 – Rosy Highlights Map

Figure 2 – Rock Photo Highlights

2025 Rosy Exploration

Exploration at Rosy in 2025 was conducted over a five-day field program focused on prospecting and mapping within a 3.8 km × 2.5 km gold-arsenic ± silver ± antimony soil anomaly. A total of 262 rock samples were collected from underexplored areas, expanding the footprint of known mineralization, extending known veins and identifying several new veins. Rock sampling returned widespread gold-silver mineralization across the target area, with 100 rock samples returning greater than 0.50 g/t gold, and 31 samples returning greater than 1.00 g/t gold. Structural orientation information was also collected to improve the understanding of the vein system orientations, including near historical rock samples that returned 35.93 g/t gold with 32.4 g/t silver, and 0.31 g/t gold with 1,835 g/t silver. Highlight results from 2025 prospecting are provided in Table 1 and Figure 1.

Sample
Number

  Gold 
   (g/t)

Silver   

(g/t)

Sample
Type

H658171

45.40

10.1

Float

H658573

24.20

39.4

Float

K073951

13.85

5.9

Outcrop

H658153

10.25

2.8

Outcrop

K073953

7.96

2.4

Outcrop

H658800

6.41

2.5

Outcrop

H658796

2.32

302

Subcrop

 

Rosy Property Overview

Cascadia's 64 km2 Rosy Property is located within the Traditional Territory of the Teslin Tlingit Council, 77 km east of Whitehorse. The property is road-accessible via the Red Mountain Tote Road, which extends from the government-maintained South Canol Road. The property hosts widespread gold and silver-bearing veins that are likely associated with the nearby Late Cretaceous Boswell Pluton and Red Mountain Molybdenum Deposit.

Mineralization on the Rosy property is indicative of the distal part of a large hydrothermal system It occurs within low-sulphidation epithermal quartz-carbonate veins as well as altered intrusive rocks. Over 35 gold-silver bearing quartz-carbonate-ankerite-sericite-arsenopyrite-pyrite veins have been mapped on the property and occur with rusty oxidation, faults and fractures, quartz-feldspar porphyry dykes and silica-carbonate-clay altered wall rocks. The mineralized veins vary in size from millimetres to tens of centimetres and typically display crustiform, colloform and cockade textures. Prospecting programs have returned highlight grab samples including 45.40 g/t gold with 10.1 g/t silver, and 0.31 g/t gold with 1,835 g/t silver.

About Cascadia

Cascadia's flagship asset is the 177 km2 Carmacks Project, located within in central Yukon, Canada, 35 km southeast of the past producing Minto Mine. The road-accessible Carmacks Project has a Measured and Indicated Resource containing 651 Mlbs of copper and 302 koz of gold (36.3 million tonnes grading 0.81% copper, 0.26 g/t gold, 3.23 g/t silver and 0.01% molybdenum) or 1.07% copper equivalent. A 2023 preliminary economic assessment demonstrated positive economic potential, with a $330.1 M post-tax NPV(5%) and 38% after-tax IRR at $4.25/lb copper and $2,000/oz gold. 

Cascadia also has a pipeline of discovery stage copper-gold properties throughout the Yukon Stikine Terrane including its Catch Property, which hosts a copper-gold porphyry discovery where inaugural drill results returned broad intervals of mineralization (116.60 m of 0.31% copper with 0.30 g/t gold). High-grade copper and gold mineralization is found at surface over 5 km long trend, with grab samples returning peak values of 3.88% copper, 1,065 g/t gold, and 267 g/t silver.

QA/QC

Analytical work was completed by ALS Canada Ltd., with sample preparation for in Whitehorse, Yukon, and geochemical analyses in North Vancouver, British Columbia. Samples were analyzed for gold by the Au-AA23 procedure, which involves fire assay preparation using a 30-gram charge with an atomic absorption spectroscopy finish. Multi-element data for 48 elements was determined by the ME-MS61 procedure, which involves a four-acid digestion followed by inductively coupled plasma – atomic emission spectroscopy ("ICP-AES") and inductively coupled plasma – mass spectrometry. Overlimit values for gold were determined by the Au-GRA21 method, which involves fire assay preparation using a 30-gram charge and a gravimetric finish. Overlimit values for silver were determined by the Ag-OG62 method, which involves a four-acid digest followed by ICP-AES.

Results referenced in this release represent highlight results only, and include results from 2025 and previous years. Below detection values for gold and silver have been encountered in soil and rock samples in these target areas. Readers are cautioned that grab samples are selective by nature and are not necessarily representative of the grade of mineralization on the property.

Copper equivalent calculations for the Carmacks Deposit use metal prices of US$4.00/lb for copper, US$2,500/oz for gold, US$30/oz for silver and US$20/lb for molybdenum. Recovery factors of 82% for copper, 70% for gold, 69% for silver and 70% for molybdenum were used, based on recovery projections from the 2023 PEA study.

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.

On behalf of Cascadia Minerals Ltd: 
Graham Downs, President and CEO

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.

Cautionary note regarding forward-looking statements:

This press release may contain "forward-looking information" within the meaning of applicable securities laws.  Readers are cautioned to not place undue reliance on forward-looking information.  Actual results and developments may differ materially from those contemplated by these statements.  The statements in this press release are made as of the date of this press release.  The Company undertakes no obligation to update forward-looking information, except as required by securities laws.

SOURCE Cascadia Minerals Ltd.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/January2026/26/c4004.html

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Investor Insight

Cascadia Minerals offers investors exposure to a compelling combination of near-term development potential and district-scale exploration upside, supported by strategic backing from Agnico Eagle Mines Limited.

Overview

Copper and gold are among the biggest commodities in 2026, with reports saying that they will remain supported despite rising oil prices this year and beyond.

Cascadia Minerals, a Canadian junior mining company, is focused on the exploration and development of copper and gold assets in the Yukon Territory.

The company is advancing a portfolio that combines a resource-stage development asset with multiple earlier-stage exploration projects targeting large-scale copper-gold systems.

The company’s strategy focuses on advancing its flagship 180 km2 Carmacks project toward development while pursuing new discoveries across its significant land package. Its exploration focus is on the Stikine Terrane in Yukon, a geologic extension of British Columbia’s prolific Golden Triangle, where the company is systematically identifying and testing new copper-gold targets.

Recently, Cascadia entered a multi-year strategic alliance with Agnico Eagle for the identification and advancement of gold-copper exploration properties in the Stikine Terrane.

The company is targeting an updated resource for its Carmacks project in 2027, followed by a pre-feasibility study in 2028.

Company Highlights

  • High-grade resource: Flagship Carmacks copper-gold project has an existing resource of approximately 650 million pounds copper and over 300,000 ounces of gold at over 1% CuEq
  • Excellent Location: Carmacks copper-gold deposit is located in a mining friendly jurisdiction and is road accessible and 10 km from grid power
  • Near-term catalysts: Targeting an updated resource in 2027 and pre-feasibility study in 2028 for flagship Carmacks project
  • Strategic alliance: Recently entered a multi-year strategic alliance with Agnico Eagle for the identification and advancement of gold-copper exploration properties in Yukon’s Stikine Terrane

Key Projects

Cascadia Minerals project locations

Carmacks Project

The Carmacks project is Cascadia’s flagship, advanced-stage copper-gold asset located in central Yukon. The project hosts a mineral resource of approximately 650 million pounds of copper and over 300,000 ounces of gold and is supported by a positive preliminary economic assessment completed in 2023.

The 180 square kilometer project benefits from favorable infrastructure, including existing road access and close proximity to power. The project is located 40 km from the past-producing Minto Mine, which is being evaluated for a return to production by Selkirk Copper Mines.

The 2026 exploration program at Carmacks is fully funded and has expanded from 15,000 meters to 18,000 meters of diamond drilling. This is the largest diamond drill program on the property since 2007. It has returned up to 82.69 meters of 1.12 percent copper with 0.64 g/t gold so far, with drilling now underway at multiple zones.

Ongoing exploration is focused on expanding sulphide mineralization and enhancing project economics through additional resource definition. Drilling in 2026 has completed a total of 26 holes comprising 13,106 meters as of September 1st. Engineering, metallurgical and baseline environmental work is also being undertaken to support initiating a pre-feasibility study in 2028.

Agnico Eagle Strategic Exploration Alliance

  • Multi-year Strategic Alliance focused on gold and copper exploration in Yukon’s Stikine Terrane
  • Stikine Terrane extends into Yukon from BC’s Golden Triangle and is highly prospective for gold-copper porphyry mineralization
  • Minimum of $500,000/yr of generative exploration will be funded by Agnico Eagle
  • Agnico Eagle can also earn up to an 80% interest in Strategic Alliance properties
  • Up to $5 million in exploration is planned for the 2026 field season under the Strategic Alliance and Catch Earn-in

Management Team

Graham Downs – President and CEO

Graham Downs has over 30 years of experience in mineral exploration, beginning his career with Archer, Cathro & Associates (1981) in Yukon, where he worked across prospecting and both early- and advanced-stage exploration programs. In 2007, he was appointed CEO of ATAC Resources, later becoming president in 2015 and director in 2022, where he helped guide the company’s exploration and growth strategy. Over his career, he has raised more than $100 million for mineral exploration and completed numerous transactions across the junior and major mining sectors.

Andrew Carne, M.Eng., P.Eng. – Vice President, Corporate Development

A Professional Engineer registered in British Columbia and Yukon, Carne has worked continuously in the mineral exploration and development industry in Canada since 2012. He gained experience across both technical and project execution roles, previously working with ATAC Resources Ltd. and Archer Cathro & Associates (1981) Limited, a geological consulting firm. He has also served as Vice President of the Yukon Chamber of Mines since 2018.

Dr. Thomas Hawkins, PhD, P.Geo. – Vice President, Exploration

Dr. Hawkins is an economic geologist with over 20 years of experience in copper and critical minerals exploration, specializing in integrating structural geology, geochemistry, and geophysics to develop and test robust exploration models. He has led multidisciplinary exploration teams across northern Canada and international jurisdictions, contributing to programs ranging from early-stage generative work through to resource definition drilling.

Stuart Van Bibber - Vice President, Sustainability and Regulatory Affairs

With over 20 years of experience in environmental science and management, Stuart Van Bibber has provided senior level technical expertise related to mining, reclamation and closure activities and First Nations consultation. He has worked on behalf of First Nations governments, First Nations Development Corporations, Territorial government, private sector, and industry in the Yukon. He also previously held roles at companies such as ERM Consultants Canada and is currently a sitting member of the Yukon Mineral Advisory Board.

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