Cascadia expands sulphide mineralization with 106.62 m of 1.09% CuEq at Carmacks

Canada NewsWire VANCOUVER, BC , July 7, 2026 /CNW/ - Cascadia Minerals Ltd. (" Cascadia ") (TSXV: CAM) (OTCQB: CAMNF) is pleased to announce the first drill results from its fully-funded 2026 exploration program at the road-accessible Carmacks copper-gold project in central Yukon. Carmacks Drilling Highlights Hole CD-26-046 at Zone 2000S returned: 106.62 m of 0.79% copper with 0.28 g/t gold (1.09% CuEq), including 23.15 m of 1.42% copper with 0.51 g/t gold (1.94% CuEq); Hole CD-26-041 at Zone 147 returned: 98.16 m of 0.92% copper with 0.11 g/t gold (1.06% CuEq), including 21.24 m of 2.38% copper with 0.30 g/t gold (2.82% CuEq); Hole CD-26-046 extended Zone 2000S north by 60 m, with mineralization open at depth and along strike ; Additional drilling has tested extension of Zone 2000S a further 50 m to the north (to a total of 111 m beyond previous drilling) and at depth, as well as extensions of Zone 147 at depth, with results pending; and Over 8,000 m of drilling has been completed in 16 holes and crews are on track to complete the planned 15,000 m program this season. "We are achieving exactly what we set out to do this season.

The broad intercept in hole 46 at Zone 2000S demonstrates the potential to significantly extend mineralization outside of the existing resource model," said Graham Downs, President and CEO of Cascadia. "A total of 16 holes, comprising 8,226 m, have been completed this season out of a planned 15,000 m of drilling. This represents the largest drill program on the property since 2007, and the first significant drill campaign targeting expansion of sulphide resources.

All of the holes drilled at zones 147 and 2000S have intersected mineralization, with assays received for the 5 holes reported in this release. We will continue to test further growth of the 2000S and 147 zones through step-out drilling, and