Cascadia Commences Drilling at the PIL Property, Toodoggone Region, BC
PIL Exploration Plans:
- 1,600 to 2,000 m of diamond drilling at the PIL South target is underway, comprising a total of two to three holes (Figure 2);
- Diamond drilling will test a compelling copper-gold porphyry target where a 2023 TITAN IP Chargeability survey identified a strong anomaly underlying mineralized surface samples, including 3.89% copper with 173 g/t silver and 119 ppm molybdenum in outcrop (Figures 3, 4); and
- Prospecting and mapping will continue across the 151 km2 property, with a focus on the recently discovered
Spruce Zone , where 2023 rock sampling returned results including 3.75% copper and 101 ppm molybdenum from outcrop (Figure 5), as well as theCopper Ridge , Atlas and PIL South targets (Figure 1).
"We're excited to have work underway at the PIL Property in BC," said
Figure 1 – PIL Property Overview
Figure 2 – PIL South Copper-in-Soil Map
Figure 3 – PIL South TITAN IP Chargeability Section A-A'
Figure 4 – PIL South TITAN IP Resistivity Section A-A'
Figure 5 – Spruce Zone Copper-in-Soil Map
PIL South Work Program
PIL South hosts a 2.5 x 2.0 km copper ± gold-molybdenum soil anomaly. Outcrop rock samples collected in this area have returned values including 3.89% copper with 173 g/t silver and 119 ppm molybdenum. A TITAN deep IP survey was conducted at this target in 2023 and returned a signature suggestive of a buried porphyry target at depth, below historical drilling. The chargeability response exhibits a broad zone of very high chargeability around a deeper zone of moderate chargeability, suggestive of a pyrite shell around the core of a porphyry system (Figure 3) at the 1,200 m elevation level. The resistivity response shows a core zone of moderate resistivity with moderate chargeability values that could represent the potassic core (Figure 4).
Three shallow historical drillholes were completed by a previous operator at this target in 2003. Core from these holes was reviewed in detail in 2023 and exhibits high-level alteration signatures (propylitic to sericite alteration), with zones of significant pyrite, and short intervals of anomalous copper and gold. The alteration and mineralization seen in these historical holes supports the interpreted pyrite shell signature in the IP survey and suggests that they were drilled above or adjacent to an untested potassic core of a porphyry system.
This season's diamond drilling program will test deeper in the system, evaluating structures and multiple anomalous features present in the IP response. Two to three holes of up to 800 m length each are planned, with potential to extend the program if results are encouraging.
Other Exploration Projects
Cascadia anticipates receiving final assays from the Phase 1 exploration program at the Catch Property within a week, and will release further information once results are received, compiled and interpreted. Phase 2 drilling at Catch is scheduled to commence
PIL Property Geology
The 151 km2 PIL Property is located in the heart of the 90 x 20 km northwest-trending Toodoggone district in northern
The Toodoggone district is underlain by volcanic and sedimentary rocks of the Early to
The PIL Property is under option from Finlay Minerals Ltd., and Cascadia has the ability to acquire a 70% interest in the project by making a series of staged payments and work expenditures. For more details on the Property, please visit our website at www.cascadiaminerals.com.
About Cascadia
Cascadia is a Canadian junior mining company focused on making new copper and gold discoveries the
In addition to Catch, Cascadia is conducting exploration work at its Mack's Copper and Milner properties – Catch analogues within
Results referenced in this release represent highlight results only. Below detection values for copper, gold, silver and molybdenum have been encountered in silt, rock and soil samples in these target areas.
The technical information in this news release has been approved by
On behalf of
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Cautionary note regarding forward-looking statements:
This press release may contain "forward-looking information" within the meaning of applicable securities laws. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The statements in this press release are made as of the date of this press release. The Company undertakes no obligation to update forward-looking information, except as required by securities laws.
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