| Cascadia Minerals and Granite Creek Copper Announce Merger to  Create a Leading Yukon Copper-Gold Exploration and Development Company 
 Concurrent Non-brokered Private Placement Equity Financing of  up to $2.25 Million Supported by Strategic Investor Michael Gentile
 
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 News provided by 				 					 						 							 								  							 						 						Cascadia Minerals Ltd. 							 								 									 								 							 							 						 						 					 				 				Jun 09, 2025, 07:30 ET
 
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 VANCOUVER, BC, June 9, 2025 /CNW/ - Granite Creek Copper Ltd. ("Granite Creek") (TSXV:  GCX) and Cascadia Minerals Ltd. ("Cascadia") (TSXV:  CAM) are pleased to announce that they have entered into a definitive arrangement agreement dated June 8, 2025 (the "Agreement")  whereby Cascadia will acquire 100% of the issued and outstanding shares  of Granite Creek for consideration payable in shares of Cascadia (the "Transaction").  The consideration will consist of 0.25 common shares in the capital of  Cascadia for each one Granite Creek common share held. The Cascadia  shares to be received by Granite Creek shareholders represent a value of  $0.04 per Granite Creek share held based on Cascadia's closing price ending June 6, 2025.
 
 
 
 
 
 
 
 
 
 
   Carmacks Property Location (CNW Group/Cascadia Minerals Ltd.)
 
 
 
 
 
 The Cascadia shares provide Granite Creek  shareholders with a premium of 48% based on Granite Creek's 5-day  volume-weighted average trading price of $0.027 as of June 6, 2025, the last trading day prior to announcement of the Agreement.
 
 
 
 Granite Creek is primarily engaged in copper and gold  exploration and development of the Carmacks Project, located 34 km  northwest of Carmacks in central Yukon, and 40 km from the past-producing Minto mine.
 
 All references to $ in this news release are to Canadian dollars unless otherwise indicated.
 
 Transaction Highlights:
 
 
 Graham Downs, President and CEO of Cascadia, commented: "This  transaction is a great opportunity for both Cascadia and Granite Creek  shareholders. The Carmacks Project provides a strong foundation of  road-accessible resources in a safe jurisdiction. Our team is confident  in the exploration potential around the main deposits and throughout the  property. We look forward to building on the systematic work Granite  Creek has conducted in recent years by growing near-deposit resources  and exploring along trend toward the nearby Minto deposit to the north.  Planning is already underway for a fall drill program at Carmacks,  while work advances in parallel at our Catch Property and other  discovery-stage Yukon Stikine projects. The Cascadia team has a  demonstrated track record of advancing district-scale projects and  making meaningful discoveries, and we look forward to bringing this  experience to the Carmacks Project as well."Strong Resource Base. The road-accessible Carmacks Project hosts a high-grade Measured and Indicated Resource1 containing 651 Mlbs of copper and 302 koz of gold (36.3 million tonnes2 grading 0.81 % copper, 0.26 g/t gold, and 3.23 g/t silver and 0.01% molybdenum, or 1.07% copper equivalent3) with a 2023 PEA demonstrating positive economic potential ($230.5 M Post-Tax NPV(5%) and 29% Post-Tax IRR)4.
 
Expansion Potential. Cascadia is well positioned to grow the  Carmacks Project resource, with a resource expansion drill program  planned for fall 2025 to test numerous targets, including near 2021  diamond drill hole CRM21-0115,6 which returned 105.52 m of 0.96% copper with 0.18 g/t gold and 4.06 g/t silver (1.18% copper equivalent3) and has not seen follow-up.
 
Exploration Synergies. The combined company will be a leading Yukon  copper-gold explorer and developer, combining Granite Creek's advanced  Carmacks Project with Cascadia's portfolio of copper-gold exploration  projects across Yukon's Stikine  Terrane, providing shareholders a robust pipeline of projects from  greenfield discoveries to brownfield expansion and development.
 
Benefits to Shareholders. Granite Creek shareholders will receive exposure to Cascadia's discovery-stage Catch Property, where drilling is underway to test a new high-grade epithermal gold discovery (1,065 g/t gold in outcrop7) and extensive copper-gold porphyry mineralization.
 
Well Financed. Upon completion of the Transaction Cascadia will have a total cash balance of approximately $2.5 million, which will be used to fund ongoing work on the combined property portfolio.
 
Experienced Team. The Cascadia team brings extensive and proven Yukon  exploration experience, including comprehensive geology, engineering,  metallurgy, finance, capital markets, community engagement, governance  and sustainability backgrounds.
 
Streamlined Overhead. The Transaction will provide  efficiencies and remove duplicative costs by optimizing resources of the  combined company and providing for more efficient advancement of the  assets as a single portfolio with a focus on delivering maximum value  for shareholders.
 
 Tim Johnston, President and CEO of Granite Creek, commented: "With Cascadia's board and management's long history of discovery and development of mineral projects in the Yukon,  I have confidence that they are the right team to advance the Carmacks  Project and create long term shareholder value. This merger is a logical  next step for both companies and will result in a combined entity with a  robust portfolio of projects that will be positioned for success in  these strong copper and gold markets. I look forward to remaining  involved with Cascadia and moving the Carmacks Project forward towards  development."
 
 Carmacks Project Overview
 
 The 177 km2 Carmacks Project is located 34 km northwest of the town of Carmacks,  within the Traditional Territory of the Little Salmon Carmacks First  Nation and the Selkirk First Nation. It is 35 km southeast of the past  producing Minto Copper-Gold Mine, which is currently being acquired by the Selkirk First Nation8. It is road-accessible, with grid power located within 12 km of the property.
 
 Figure 1 – Property Location
 
 The  Carmacks Project is located within the Minto Copper Belt, a 180 km x 60  km belt of intrusion-related copper-gold-silver deposits. This belt is  within the Stikine Terrane, which extends into Yukon from British Columbia,  and is characterized by Late Triassic to early Jurassic  volcanic-plutonic arc complexes that are well-endowed with  copper-gold-molybdenum porphyries including the Red Chris, Schaft Creek,  Kemess, KSM and Galore Creek deposits and mines.
 
 Figure 2 – Geological Setting
 
 The Carmacks Project has seen significant historical work, including over 40,000 m  of drilling, primarily focused on the Carmacks Main deposit. Highlights  of drilling completed in 2020 and 2021 by Granite Creek are provided in  Table 1.
 
 
 
 
              Table 1: Carmacks Project Highlight Drill Results       6        | Drillhole 
 
 | From (m) 
 
 | To (m) 
 
 | Length (m) 
 
 | Cu (%) 
 
 | Mo (%) 
 
 | Au (g/t) 
 
 | Ag (g/t) 
 
 | CuEq3 (%) 
 
 |          | CRM20-0019 
 
 | 102.85 
 
 | 230.12 
 
 | 127.27 
 
 | 0.61 
 
 | 0.028 
 
 | 0.13 
 
 | 2.14 
 
 | 0.79 
 
 |          | incl 
 
 | 104.85 
 
 | 133.50 
 
 | 28.65 
 
 | 1.03 
 
 | 0.014 
 
 | 0.20 
 
 | 3.09 
 
 | 1.23 
 
 |          | CRM21-01110 
 
 | 223.98 
 
 | 329.50 
 
 | 105.52 
 
 | 0.96 
 
 | 0.013 
 
 | 0.18 
 
 | 4.06 
 
 | 1.15 
 
 |          | incl 
 
 | 223.98 
 
 | 245.20 
 
 | 21.22 
 
 | 2.17 
 
 | 0.010 
 
 | 0.36 
 
 | 9.13 
 
 | 2.51 
 
 |          | CRM21-01911 
 
 | 277.95 
 
 | 345.30 
 
 | 67.35 
 
 | 0.93 
 
 | 0.011 
 
 | 0.31 
 
 | 4.23 
 
 | 1.20 
 
 |          | incl 
 
 | 322.00 
 
 | 345.30 
 
 | 23.30 
 
 | 1.70 
 
 | 0.016 
 
 | 0.57 
 
 | 7.51 
 
 | 2.18 
 
 |          | CRM21-02512 
 
 | 88.65 
 
 | 209.30 
 
 | 120.65 
 
 | 0.76 
 
 | 0.016 
 
 | 0.14 
 
 | 2.53 
 
 | 0.92 
 
 |          | incl 
 
 | 106.00 
 
 | 155.40 
 
 | 49.40 
 
 | 1.08 
 
 | 0.015 
 
 | 0.20 
 
 | 3.41 
 
 | 1.28 
 
 |  
 
 Granite Creek completed an updated Mineral Resource Estimate in  2022 on the Carmacks Main deposit, which is summarized in Table 2.  These mineralized zones remain open along strike and at depth, with much  of the historical drilling focused on near-surface oxide  mineralization, overlooking the significant potential for more sulfide  mineralization throughout the system.
 
 
 
 
              Table 2: Carmacks Project Mineral Resource Estimate       1        | Category 
 
 | Cut-off2 
 
 | Tonnes 
 
 | Copper 
 
 | Silver 
 
 | Gold 
 
 | Molybdenum 
 
 | Copper Equiv.3 
 
 |          | 
 | (Cu %) 
 
 | Mt 
 
 | % 
 
 | Mlbs 
 
 | g/t 
 
 | Ounces 
 
 | g/t 
 
 | Ounces 
 
 | % 
 
 | Mlbs 
 
 | % 
 
 | Mlbs 
 
 |          | In-Pit Oxide 
 
 |          | Measured 
 
 | 0.30 
 
 | 11.36 
 
 | 0.96 
 
 | 239 
 
 | 4.11 
 
 | 1,501,000 
 
 | 0.40 
 
 | 145,000 
 
 | 0.006 
 
 | 1.5 
 
 | 1.28 
 
 | 319 
 
 |          | Indicated 
 
 | 0.30 
 
 | 4.33 
 
 | 0.91 
 
 | 87 
 
 | 3.37 
 
 | 469,000 
 
 | 0.28 
 
 | 39,000 
 
 | 0.007 
 
 | 0.6 
 
 | 1.14 
 
 | 190 
 
 |          | M&I 
 
 | 0.30 
 
 | 15.69 
 
 | 0.94 
 
 | 326 
 
 | 3.91 
 
 | 1,971,000 
 
 | 0.36 
 
 | 184,000 
 
 | 0.006 
 
 | 2.1 
 
 | 1.23 
 
 | 424 
 
 |          | Inferred 
 
 | 0.30 
 
 | 0.22 
 
 | 0.52 
 
 | 2.5 
 
 | 2.44 
 
 | 17,000 
 
 | 0.09 
 
 | 1,000 
 
 | 0.006 
 
 | 0.03 
 
 | 0.62 
 
 | 3 
 
 |          | In-Pit Sulphide 
 
 |          | Measured 
 
 | 0.30 
 
 | 5.71 
 
 | 0.68 
 
 | 86 
 
 | 2.54 
 
 | 467,000 
 
 | 0.16 
 
 | 28,000 
 
 | 0.016 
 
 | 2.0 
 
 | 0.85 
 
 | 107 
 
 |          | Indicated 
 
 | 0.30 
 
 | 13.49 
 
 | 0.72 
 
 | 214 
 
 | 2.83 
 
 | 1,226,000 
 
 | 0.19 
 
 | 82,000 
 
 | 0.013 
 
 | 4.0 
 
 | 0.90 
 
 | 269 
 
 |          | M&I 
 
 | 0.30 
 
 | 19.19 
 
 | 0.71 
 
 | 300 
 
 | 2.74 
 
 | 1,693,000 
 
 | 0.18 
 
 | 110,000 
 
 | 0.014 
 
 | 6.0 
 
 | 0.89 
 
 | 377 
 
 |          | Inferred 
 
 | 0.30 
 
 | 1.68 
 
 | 0.51 
 
 | 19 
 
 | 2.24 
 
 | 120,895 
 
 | 0.13 
 
 | 7,000 
 
 | 0.020 
 
 | 0.7 
 
 | 0.67 
 
 | 25 
 
 |          | Below Pit Sulphide 
 
 |          | Measured 
 
 | 0.60 
 
 | 0.03 
 
 | 0.71 
 
 | 0.41 
 
 | 2.54 
 
 | 2,000 
 
 | 0.16 
 
 | 132 
 
 | 0.010 
 
 | 0.0 
 
 | 0.86 
 
 | 0.5 
 
 |          | Indicated 
 
 | 0.60 
 
 | 1.34 
 
 | 0.82 
 
 | 24 
 
 | 2.88 
 
 | 124,000 
 
 | 0.19 
 
 | 8,000 
 
 | 0.012 
 
 | 0.4 
 
 | 1.00 
 
 | 30 
 
 |          | M&I 
 
 | 0.60 
 
 | 1.37 
 
 | 0.82 
 
 | 25 
 
 | 2.88 
 
 | 126,000 
 
 | 0.19 
 
 | 8,000 
 
 | 0.012 
 
 | 0.4 
 
 | 1.00 
 
 | 30 
 
 |          | Inferred 
 
 | 0.60 
 
 | 0.97 
 
 | 0.77 
 
 | 16 
 
 | 2.48 
 
 | 77,000 
 
 | 0.17 
 
 | 5,000 
 
 | 0.012 
 
 | 0.3 
 
 | 0.94 
 
 | 20 
 
 |          | Combined Total 
 
 |          | M&I 
 
 | Various 
 
 | 36.25 
 
 | 0.81 
 
 | 651 
 
 | 3.25 
 
 | 3,790,000 
 
 | 0.26 
 
 | 302,000 
 
 | 0.010 
 
 | 9 
 
 | 1.04 
 
 | 831 
 
 |          | Inferred 
 
 | Various 
 
 | 2.86 
 
 | 0.60 
 
 | 38 
 
 | 2.34 
 
 | 214,895 
 
 | 0.14 
 
 | 13,000 
 
 | 0.016 
 
 | 1 
 
 | 0.76 
 
 | 48 
 
 |  
 
 A preliminary economic assessment was completed in 2023 on  the Carmacks Main deposit, envisioning a 7,000 tpd open pit mine with  conventional flotation to produce a copper concentrate. This study  included processing of both oxide and sulfide material, and yielded the  results shown in Table 3.
 
 
 
 
              Table 3: Carmacks Project PEA Economics       4        | 
 | Base Case 
 
 | Case 1 
 
 |          | Copper Price (US$/lb) 
 
 | 3.75 
 
 | 4.25 
 
 |          | Gold Price (US$/oz) 
 
 | 1,800 
 
 | 2,000 
 
 |          | Silver Prince (US$/oz) 
 
 | 22 
 
 | 25 
 
 |          | Exchange Rate ($:US$) 
 
 | 0.75 
 
 | 0.75 
 
 |          | Pre-Tax NPV @5% 
 
 | $324.1M 
 
 | $475.0M 
 
 |          | Pre-Tax IRR 
 
 | 36 % 
 
 | 48 % 
 
 |          | Pre-Tax Net Cash Flow 
 
 | $505.9M 
 
 | $714.5M 
 
 |          | After Tax NPV @5% 
 
 | $230.5M 
 
 | $330.1M 
 
 |          | After Tax IRR @5% 
 
 | 29 % 
 
 | 38 % 
 
 |          | After Tax Net Cash Flow 
 
 | $371.2M 
 
 | $507.4M 
 
 |  
 
 Transaction Terms
 
 Pursuant to the Arrangement  Agreement, Cascadia will acquire all the issued and outstanding common  shares of Granite Creek in exchange for common shares of Cascadia by way  of a plan of arrangement under the Business Corporations Act (British Columbia). Each Granite Creek share will be exchanged for 0.25 of a Cascadia share (the "Exchange Ratio").  Upon completion of the Transaction, existing Cascadia and Granite Creek  shareholders will own approximately 59% and 41% of the issued and  outstanding shares of the combined company, respectively (excluding any  securities issued in the Placement, as defined below).
 
 Outstanding  stock options of Granite Creek will be exchanged for options of  Cascadia and all warrants of Granite Creek will become exercisable to  acquire common shares of Cascadia, in amounts and at exercise prices  adjusted in accordance with the Exchange Ratio.
 
 Granite Creek will hold a special meeting of Granite Creek securityholders in connection with the Transaction (the "Meeting"). Granite Creek expects to hold the Meeting in July 2025,  and the Transaction is expected to close shortly thereafter, subject to  customary closing conditions and approvals. In addition to  securityholder approvals, the Transaction is also subject to, among  other things, obtaining customary regulatory approvals including  applicable TSX Venture Exchange ("TSX-V") approvals. The Transaction is arm's length for the purposes of the TSX-V's policies.
 
 The  Agreement contains customary reciprocal deal-protection provisions.  Under certain circumstances, Cascadia or Granite Creek may be entitled  to a reciprocal termination fee of $500,000.  Further details regarding the terms and conditions of the Transaction  are set out in the Agreement, which has been filed by Cascadia and  Granite Creek under their respective SEDAR+ profiles.
 
 Further  information respecting the Agreement and the Transaction will be  provided in the Granite Creek information circular which will be sent to  Granite Creek's securityholders in connection with the Meeting.
 
 Principle Conditions to Completion
 
 The Transaction will be effected by way of a plan of arrangement under the Business Corporations Act (British Columbia),  requiring the approval of at least: (i) 66?% of the votes cast by  Granite Creek shareholders and optionholders (voting as a single class)  (the "Granite Creek Securityholders"); and (ii) a simple  majority of the votes cast by Granite Creek shareholders, excluding the  votes cast by certain persons in accordance with Multilateral Instrument  61-101 Protection of Minority Security Holders in Special Transactions ("MI 61-101"). No finders' fees are being paid in connection with the Transaction.
 
 The  completion of the Transaction is subject to a number of terms and  conditions, including, without limitation, the following: (i) acceptance  by the TSX-V; (ii) approval of the British Columbia Supreme Court;  (iii) there being no material adverse changes in respect of Granite  Creek or Cascadia; and (iv) other standard conditions of closing for a  transaction of this nature. There can be no assurance that the necessary  terms or conditions will be met or that the Transaction will be  completed as proposed or at all.
 
 Recommendation by the Boards of Directors and Fairness Opinion
 
 The board of directors of Granite Creek received a fairness opinion from Evans & Evans Inc. stating that, as of June 8, 2025  of such opinion and subject to the assumptions, limitations and  qualifications contained in its opinion, the consideration to be  received by Granite Creek Securityholders pursuant to the Transaction is  fair, from a financial point of view, to the Granite Creek  Securityholders. The board of directors of Granite Creek, as well as the  independent directors voting as a group, unanimously approved entering  into the Agreement and unanimously recommended that Granite Creek  Securityholders vote in favour of the Transaction.
 
 The Agreement has been unanimously approved by the board of directors of Cascadia.
 
 Board of Directors and Management of Resulting Issuer
 
 Upon closing of the Transaction, Timothy Johnston, Granite Creek's current President and CEO, is expected to join the board of directors of Cascadia.
 
 Voting Support Agreements
 
 The  officers and directors of Granite Creek, collectively holding  approximately 6% of Granite Creek's shares issued and outstanding, have  entered into voting support agreements pursuant to which they have  agreed, among other things, to vote their Granite Creek shares in favour  of the Transaction.
 
 Transaction Timeline
 
 Pursuant to  the Agreement and subject to satisfying all necessary conditions and  receipt of all required approvals, the parties anticipate completion of  the Transaction on or about July 2025. In  connection with completion of the Transaction, Granite Creek shares will  be de-listed from the TSX-V and following closing, Granite Creek will  make an application to cease to be a reporting issuer under Canadian  securities laws.
 
 Concurrent Private Placement and Consolidation
 
 In connection with the Transaction, Cascadia is undertaking a concurrent non-brokered private placement (the "Placement") to raise gross proceeds up to C$2,250,000 by the sale of: (a) up to 14,285,714 subscription receipts ("Subscription Receipts") at a price of $0.14 per Subscription Receipt for gross proceeds of up to C$2,000,000; and (b) up to 1,785,714 units ("Cascadia Units") at a price of C$0.14 per Cascadia Unit for gross proceeds of up to C$250,000.  Each Subscription Receipt will entitle the holder to receive at the  effective time of the Transaction one unit of Cascadia consisting of one  Cascadia share and one common share purchase warrant (a "Warrant"). Each Warrant will entitle the holder thereof to purchase an additional Cascadia share at a price of $0.24  per share for a period of two years following the date of issuance of  the Warrant. The Cascadia Units also consist of one Cascadia share and  one common share purchase warrant having the same terms as the Warrants  forming part of the units underlying the Subscription Receipts. Certain  directors, officers and insiders of Cascadia may participate in the  Placement.
 
 The proceeds from the sale of the Subscription Receipts  will be held in escrow pending the closing of the Transaction. If the  closing of the Transaction has not completed by August 29, 2025,  the Subscription Receipts will be cancelled and the escrowed proceeds  returned to the subscribers. The proceeds from the sale of the Cascadia  Units will not be escrowed, but will be available to Cascadia for its  immediate use, unconditional on the closing of the Transaction. Cascadia  may pay customary finders' fees in connection with the Placement. The  Placement is subject to the approval of the TSX-V.
 
 Cascadia will  use the proceeds of the Placement to pay expenses associated with the  Transaction and to conduct exploration on the Carmacks Project.
 
 Following  the closing of the Transaction and Placement, Cascadia will consider  undertaking a consolidation of its issued and outstanding common shares  at a ratio and on a timeline to be determined.
 
 Bridge Loan
 
 Cascadia will provide a non-interest-bearing bridge loan to Granite Creek in the amount of $375,000 to cover certain transaction costs (the "Bridge Loan"),  subject to TSX-V approval. If the Agreement is terminated for any  reason, the Bridge Loan will be repayable on demand by Cascadia in cash  or, at Cascadia's option, may be converted to up to 12,500,000 common  shares of Granite Creek at a price of $0.03 per share.
 
 Shares for Debt Transaction
 
 In connection with the Transaction, Granite Creek intends to settle an aggregate of up to approximately $521,000 of indebtedness owing to TruePoint Exploration Inc. ("TruePoint") and a Carmacks North royalty holder in exchange for Granite Creek shares (the "Shares for Debt Transaction").  Pursuant to the Shares for Debt Transaction, Granite Creek shares will  be issued at a price per share equal to the closing price of the Granite  Creek shares on June 9, 2025, subject to the polices of the TSX-V. The shares will be exchanged for Cascadia shares pursuant to the Transaction.
 
 TruePoint  is a privately held exploration service company that provides  exploration and administrative services to Granite Creek. TruePoint is  more than 50% owned by directors and senior officers of Granite Creek,  being Mr. Timothy Johnson, Mr. Michael Rowley and Ms. Susan Henderson.  Granite Creek's indebtedness to TruePoint relates primarily to certain  long-term loans owing to TruePoint for past services rendered.
 
 Following the Shares for Debt Transaction, and based on the closing price of Granite Creek shares on June 6, 2025,  TruePoint will hold 15,354,273 Granite Creek shares, representing  approximately 7.7% of the outstanding Granite Creek shares at the time  of issuance.
 
 The Shares for Debt Transaction is subject to TSX-V  approval, including any disinterested shareholder approval required  pursuant to the policies of the TSX-V.
 
 The Shares for Debt  Transaction with TruePoint is considered a "related party transaction"  for purposes of MI 61-101. The issuance of these Granite Creek shares  will be completed in reliance on exemptions available under MI 61-101  from the formal valuation and minority approval requirements of MI  61-101. Specifically, these Shares for Debt Transactions will be exempt  from the formal valuation requirement in Section 5.4 of MI 61-101 in  reliance on Section 5.5(b) of MI 61-101 as Granite Creek is not listed  on a specified market within the meaning of MI 61-101. Additionally, the  issuance is exempt from the formal valuation and minority approval  requirement in Section 5.6 of MI 61-101 in reliance on Section 5.7(1)(a)  of MI 61-101 as neither the fair market value of the subject matter of,  nor the fair market value of the consideration for, the shares exceeds  25% of Granite Creek's market capitalization. Granite Creek's board of  directors and independent directors (as such term is defined in MI  61-101) have, acting in good faith, determined that the Shares for Debt  Transaction is in the best interest of Granite Creek.
 
 Advisers and Counsel
 
 Cascadia  has engaged Stikeman Elliott LLP as its legal adviser in connection  with the Transaction. Sangra Moller LLP is acting as legal adviser to  Granite Creek and Evans & Evans Inc. provided a fairness opinion to  the Granite Creek board of directors.
 
 About Cascadia
 
 Cascadia is a Canadian junior mining company focused on making new copper and gold discoveries the Yukon and British Columbia. Cascadia's flagship Catch Property in the Yukon  hosts a brand-new copper-gold porphyry discovery where inaugural drill  results returned broad intervals of mineralization, including 116.60 m of 0.31% copper with 0.30 g/t gold13.  Catch exhibits extensive high-grade copper and gold mineralization  across a 5 km long trend, with rock samples returning peak values of  3.88% copper13, 1,065 g/t gold7, and 267 g/t silver7.
 
 In  addition to Catch, Cascadia is conducting exploration work at its Macks  and Milner properties – recently staked Catch analogues within Yukon's  Stikine Terrane which have additional copper porphyry targets. Cascadia  has approximately 70 million shares outstanding and its largest  shareholders are Hecla Mining Company, Michael Gentile and Barrick Gold.
 
 About Granite Creek
 
 Granite  Creek is a growth stage exploration company, focused on the acquisition  and development of exploration properties that host, or have the  potential to host, precious base or battery metals. GCX's flagship asset  is the Carmacks Project in the high-grade Minto copper district in Yukon Territory, Canada. The project is located south of and within 35km of the Minto mine.
 
 Qualified Person
 
 The technical information in this news release has been approved by Andrew Carne, M.Eng., P.Eng., VP Corporate Development for Cascadia and a qualified person for the purposes of National Instrument 43-101.
 
 Disclosure Notes
 
 
 Results referenced in this release represent highlights only.  Below detection values for gold, copper, silver and molybdenum have been  encountered in drilling, soil and rock samples in these target areas.The Mineral Resources disclosed here are referenced from the  2023 Technical Report on the Carmacks Project Preliminary Economic  Assessment, authored by SGS Canada Inc. for Granite Creek Copper, and  have not been independently reviewed by Cascadia.Mineral Resources are reported based on a 0.30% copper cut-off  for mineralization classified as in-pit, and a 0.60% copper cut-off for  mineralization classified as below-pit. Copper equivalent value assumes metal prices of $3.75/lb copper, $2,000/oz gold, $25/lb silver, $12/lb  molybdenum, and recoveries of 82% for copper, 70% for gold, 69% for  silver, and 70% for molybdenum, and has been re-calculated for  consistency of presentation.Pricing for the base case economic analysis was US $3.75/lb copper, US $1,800/oz gold, and US $22/oz silver at an exchange rate of $1:US$0.75.  For more details on the economic analysis, refer to the 2023 Technical  Report on the Carmacks Project Preliminary Economic Assessment, authored  by SGS Canada Inc. for Granite Creek Copper. The results of the Carmacks  preliminary economic assessment are preliminary in nature, it includes  inferred mineral resources that are considered too speculative  geologically to have the economic considerations applied to them that  would enable them to be categorized as mineral reserves, and there is no  certainty that the preliminary economic assessment will be realized.Please refer to Granite Creek's August 24, 2021, News Release for more information on CRM21-011. Reported lengths are drilled widths. Estimated true widths vary  but are expected to be typically 60-70% of the intersected widths. Please refer to Cascadia's July 25, 2024, News Release for more information on Amp Zone results.For more information, see CBC News article dated September 7, 2024, entitled "Selkirk First Nation clears 1st hurdle to buy Yukon's abandoned Minto mine", available here: cbc.caPlease refer to Granite Creek's February 11, 2021, News Release for more information on CRM20-001.Please refer to Granite Creek's August 24, 2011, News Release for more information on CRM21-011.Please refer to Granite Creek's October 28, 2021, News Release for more information on CRM21-019.Please refer to Granite Creek's March 10, 2022, News Release for more information on CRM21-025.Please refer to Cascadia's July 19, 2023, News Release for more information.
 
 Disclosure  regarding the Carmacks Project is reliant on previous disclosure made  by Granite Creek. Results from this project have not been independently  verified by Cascadia.
 
 On behalf of Cascadia Minerals Ltd.
 
 Graham Downs, President and CEO
 
 On behalf of Granite Creek Copper Ltd.
 
 Timothy Johnson, President and CEO
 
 NEITHER  THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT  TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS  RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
 
 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. Cascadia and Granite Creek undertake no  obligation to update forward-looking information, except as required by  securities laws.
 
 SOURCE Cascadia Minerals Ltd.
 
 
  For  further information, please contact: Andrew Carne, M.Eng., P.Eng., VP  Corporate Development, Cascadia Minerals Ltd., T: 604-688-0111 ext. 106,  acarne@cascadiaminerals.com; Timothy Johnson, President & CEO,  Granite Creek Copper Ltd., Telephone: 1 (604) 235-1982, Toll Free: 1  (888) 361-3494, E-mail: info@gcxcopper.com 
 
 
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