Cascadia Minerals: Is the Carmacks Project one of Yukon’s next Copper-Gold Mines?

With a defined resource, strong drill success, and strategic backing, Cascadia is rapidly advancing its Yukon-based copper-gold asset.

Cascadia Minerals is advancing its 180 km², road-accessible Carmacks copper-gold project in Yukon’s Minto Copper Belt, which hosts a measured and indicated resource of approximately 36 million tonnes grading around 0.8% copper and 0.26 g/t gold. With a 15,000 metre drill program underway and a goal to significantly expand the resource, the company is advancing a project supported by existing infrastructure access and positive economics.

The project’s resource is predominantly categorized as measured and indicated, providing a higher level of confidence compared to early-stage exploration assets, and is characterized by higher grades than a typical copper porphyry system (>1% copper equivalent).

Recent drilling has reinforced the company’s expansion thesis. During its 2025 program, Cascadia reported mineralization in the majority of its drill holes, with over 90% returning positive results. This level of consistency supports the company’s view that the deposit can be expanded beyond its current size, forming the basis for its ongoing 15,000 metre drill campaign.

In addition to geology, infrastructure is a key factor in the project’s positioning. Carmacks benefits from road access and proximity to power, which can influence development timelines compared to more remote projects. The company is evaluating pathways to further economic studies, including the potential for an updated preliminary economic assessment or progression toward pre-feasibility.

Cascadia is also supported by Agnico Eagle Mines Limited through a recent equity investment, alongside a broader strategic alliance focused on exploration in the Yukon’s Stikine Terrane. These relationships provide both capital support and regional exploration alignment as the company continues to advance its portfolio.

For more information on Cascadia Minerals Ltd. (TSXV:CAM) please click the request investor info button.

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