Cascadia Minerals

Cascadia’s flagship asset is the road-accessible Carmacks Project in the high-grade Minto Copper Belt in Yukon Territory, Canada. Carmacks hosts a Measured and Indicated Resource containing 651 Mlbs copper and 302 koz gold (36.3 million tonnes at 1.07% copper equivalent). A 2023 PEA yielded a C$230.4 M post-tax NPV(5%) and 29% post-tax IRR at US$3.75/lb copper and US$1,800/oz gold. A fully-funded 15,000 m diamond drill program is scheduled to commence in spring 2026, focused on expanding the existing resource at Carmacks. Cascadia is also exploring the Stikine Terrane in Yukon for new gold-copper porphyry discoveries through its Strategic Alliance with Agnico Eagle. The Stikine Terrane extends into Yukon from British Columbia’s Golden Triangle and is a highly prospective target area for gold-copper porphyry mineralization.
 

Management Profile:

Graham Downs, President & CEO

Graham has worked in the mineral exploration industry for over 30 years ago, focused on Yukon. In 2007, he was appointed CEO of ATAC Resources Ltd., which was sold to Hecla Mining in 2023. Over his career, he has raised well over $100 million for mineral exploration and has completed numerous transactions with junior to major mining companies.

Andrew Carne, VP Corporate Development

Andrew is a Professional Engineer with a Masters of Engineering in Project and Construction Management and a Bachelor of Applied Science in Materials Engineering. Andrew has worked in the mineral exploration and development industry in Canada continuously since 2012. Andrew previously worked for ATAC Resources Ltd. and Archer Cathro & Associates (1981), a geological consulting firm. Andrew also currently sits as the Vice President of the Yukon Chamber of Mines.

What are your key goals for the next 3, 6 and 12 months?

3 Months:

Commence the 2026 diamond drill program at the Carmacks property, comprising a minimum of 15,000 m of drilling – the biggest drill program on the property since 2007. Commence the first season of grassroots gold-copper exploration work funded under our recently announced Strategic Alliance.

6 Months:

Complete 15,000 m or more of diamond drilling at the Carmacks deposit, and the first season of grassroots exploration under the Strategic Alliance.

12 Months:

Assess the expansion potential at the Carmacks deposit, initiate and/or complete key engineering studies to prepare for Prefeasibility, and initiate a 20,000+ m follow-up diamond drill program in early 2027. Targeting an updated Resource Estimate and initiation of Prefeasibility in late 2027.

What do you think makes your company such a compelling investment?

The Carmacks Project is a rare high-grade road-accessible copper-gold deposit with existing resources and a positive PEA. It is located in a stable, mining-friendly jurisdiction, only 10 km from power and 35 km from the past-producing Minto Mine. No significant drilling has been completed since 2021, when numerous high-grade sulphide intersects were drilled. The resources remain fully open to expansion, and we have the team and capital markets connections to rapidly grow resources and advance toward development.