Cascadia Minerals Updates on Recent Exploration Activities
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Cascadia Minerals Exploration Overview
Cascadia Minerals Ltd. (TSXV: CAM) is excited to share the latest developments from their recent exploration across key properties in Yukon and British Columbia. The company is primarily focused on discovering new copper-gold porphyry systems, and while the exploration program for the year is now wrapped up, multiple assay results are still pending across several projects.
Insights from the Catch Property in Yukon
The Catch Property has seen significant activity, notably during Phase 1 drilling which commenced in May. This drilling successfully extended the copper porphyry mineralization by an impressive 315 meters. One of the notable achievements was hole CA-24-006, which returned a mineralization interval of 106.00 meters with an equivalence of 0.52% CuEq.
Further Exploration Activities at Catch
Recently completed Phase 2 drilling at the Spark Zone amounted to 1,441.54 meters and included two step-out holes that have opened up potential new areas of mineralization. Additionally, prospecting and structural geology work conducted at the Amp Zone yielded 11 new rock samples that followed the discovery of exceptional epithermal gold-silver mineralization returning 1,065 g/t gold and 267 g/t silver.
Update on the PIL Property in British Columbia
Cascadia's first assessment of the PIL property has proven fruitful as well, comprising two diamond drill holes that totaled 1,759 meters at the PIL South target. An exciting discovery of visual copper mineralization was made approximately 1.5 kilometers south of the Copper Ridge target, presenting new opportunities for further exploration.
Continued Exploration and Sampling
In total, 408 rock samples have been collected as part of an extensive prospecting and mapping program. Both drill holes were extended beyond their intended depths, which has provided valuable insights into the porphyry system’s larger structure.
Exploration Across Other Significant Properties
Besides Catch and PIL, Cascadia has also been active at the Sands of Time, Mack's Copper, and Milner properties in Yukon. At each of these sites, teams have conducted essential mapping and geochemical sampling tasks to uncover new copper-gold porphyry discoveries.
Summarizing Recent Discoveries
At Sands of Time, 652 soil samples were collected, while Mack's Copper saw 696 soil and 35 rock samples collected. At the Milner Property, exploration yielded 878 soil samples and 30 rock samples. The focus remains on advancing early-stage projects through comprehensive exploration strategies.
CEO Statement on the 2024 Exploration Season
"Our team has had a busy and productive season," stated Graham Downs, Cascadia's president and CEO. The company made significant advancements in exploration and demonstrated a commitment to discovering new copper and gold resources. The various drilling and prospecting programs have opened up new paths towards understanding the underlying geology and potential of their properties.
Looking Ahead
Cascadia continues to analyze the data from the 2024 exploration season. As results emerge, they will inform the strategic direction for future drilling and exploration phases. The company's commitment to exploring the underappreciated Stikine Terrane signifies their confidence in the potential for substantial copper-gold discoveries.
Frequently Asked Questions
What is the current status of the Catch Property exploration?
The Catch Property has experienced successful drilling campaigns with assay results pending from significant drilling efforts this season.
How many samples were collected during the PIL Property exploration?
A total of 408 rock samples were collected during extensive prospecting and mapping efforts at the PIL Property.
What notable mineralization results have emerged from the Amp Zone?
The Amp Zone has shown promising results, including high-grade mineralization of 1,065 g/t gold and 267 g/t silver from recent rock samples.
What is Cascadia's approach to future exploration?
Cascadia aims to continue its commitment to exploration by advancing early-stage projects and analyzing newly collected data for future drilling opportunities.
Who leads Cascadia Minerals Ltd.?
The company is led by Graham Downs, the president, and CEO, who has emphasized the importance of resource discovery in their recent explorations.
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