(via TheNewswire)
Continues Exploration Focus on Canadian Copper Projects
Summary of exploration on Cascade’s five projects in
Canada 2024 exploration focus on drilling at three of its five Copper Projects
2023 Highlights
Corporate
Listing on the Canadian Securities Exchange (CSE) under the ticker CASC in April.
Completion of an IPO financing of
$1M .Acquisition of Copper Plateau for shares and Centrefire through an earn-in option.
3D compilation including IP inversion modelling shows a high priority porphyry style drill ready target.
Hyperspectral survey of historic drill core has been initiated.
Drill permit application submitted.
First Nations engagement with Samahquam.
3D compilation including magnetic inversion modelling.
Field work completed including hyperspectral study.
High grade copper, gold, and silver values up to 1.88% Cu, 5.51 g/t Au, and 76.5 g/t Ag.
First Nations engagement with Xa’xtsa7 (
Douglas Band ).
LiDAR and airborne magnetics/radiometrics completed.
Compilation of historic data initiated.
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Figure1: Location of the Rogers Creek, Fire Mountain, and Bendor Projects in Southwestern BC
New acquisition by an all share purchase for 90% of the project with no royalty or option payments.
High quality historic work including drilling, 3D Array IP, airborne magnetics, radiometrics, and EM.
Porphyry system with copper, gold, silver, and molybdenum mineralization.
Hyperspectral study completed including alteration mapping and sampling.
High grade copper, gold, silver, and molybdenum values up to 11.35% Cu, 1.55 g/t Au, 129 g/t Ag, and 0.17% Mo.
3D compilation initiated.
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Figure2: Location of the
Option to earn 100% and additional staking along strike in VMS and Iron Formation style mineralized prospect in
Ontario .Initial sampling returned excellent copper and gold values up to 2.48% Cu and 1.22 g/t Au.
Compilation of historic data including airborne magnetics and EM, trenching, and drilling.
2024 Exploration Plans
Initial drilling up to 1500m in 2-3 holes at Target 1 North.
Ground truth geochemical anomalies at Target 1 South.
Figure3: Priority Target Areas at Rogers Creek |
Figure4: |
Fire Mountain
Drilling and exploration permit submission.
Initial IP survey across
Inferno Zone .Mapping and sampling on the Mag-Low Anomaly.
Ground truth historic copper-gold showings including Money Spinner and Lilabet Zones.
Mapping and sampling along new logging road exposures.
Project-wide hyperspectral study of all collected samples.
Develop drill targets.
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Figure5:
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Figure6: Target Areas at Fire Mountain including Inferno, Mag-Low, Money Spinner, and Lilabet
Bendor
Complete 3D compilation including inversion of new magnetic data.
Project wide mapping, sampling, and hyperspectral survey.
Develop drill targets.
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Figure7: Bendor Location in the Gold Bridge Bralorne Camp
Copper Plateau
Drilling and exploration permit submission.
Expand IP coverage along strike.
Project wide mapping, sampling, and hyperspectral survey.
LiDAR survey with in-depth structural interpretation.
Scan all historic core with hyperspectral and high resolution photography.
Complete 3D compilation modelling of drilling, IP, magnetics, and hyperspectral analysis.
Develop drill targets and drill up to 1500m.
Figure8:Copper Plateau IP Chargeability Isoshells with Drillhole Intercepts >500ppm Cu |
Figure9: Copper Plateau Total Magnetic Intensity Showing Historic Drill Collars |
Centrefire
Drilling and exploration permit submission.
High resolution magnetics and EM surveys with inversion.
Project-wide mapping, sampling, and hyperspectral survey.
LiDAR survey with in-depth structural interpretation.
Trenching and channel sampling of newly stripped and historic zones.
Drill up to 1500m in 4-5 holes.
Click Image To View Full Size
Figure10:Centrefire 2024 Plans (LiDAR, EM, and Inversion of High-Resolution Magnetics)
Corporate
Equity Financing
Evaluate early to mid-stage, high potential copper exploration projects for low cost and low commitment acquisition.
The Qualified Person responsible for the technical content of this press release is
About Cascade Copper
The Corporation is an exploration stage natural resource company engaged in the evaluation, acquisition, and exploration of copper based mineral resource properties. Cascade is focused on copper and gold, porphyry and epithermal deposits in
FOR FURTHER INFORMATION, PLEASE CONTACT:
Telephone: 1 613 851 7699
E-Mail:info@cascadecopper.com
Web: www.cascadecopper.com
Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
DISCLAIMER & FORWARD-LOOKING STATEMENTS
This news release includes certain “forward-looking statements” which are not comprised of historical facts. Forward-looking statements are based on assumptions and address future events and conditions, and by their very nature involve inherent risks and uncertainties. Although these statements are based on currently available information,
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