10:27 AM EDT, 06/26/2025 (MT Newswires) -- Cascadia Minerals ( CAMNF ) was edging up at last look on Thursday after saying that it completed the first ever diamond drill holes at the Amp zone within the Catch property in Yukon.
The company said it drilled a total of 741.50 meters in five holes, testing an outcrop which returned 1,065 grams per tonne (g/t) gold with 267 g/t silver in 2024 prospecting.
Cascadia said field crews identified two discrete zones of surface alteration at Amp, corresponding with high-grade gold outcrop samples and high-grade copper samples.
The company said its phase one drilling will focus on testing the Amp target.
Cascadia added that comprehensive field mapping provided a much better understanding of the potential source of mineralization at the Volt Zone, preparing it for drilling in a future phase of work.
"We have had a very productive start to the exploration season at Catch ," said Graham Downs, President and CEO. "Our team now has a much better understanding of the nature of mineralization at Amp and Volt. Based on the scale of the alteration present at Amp, we allocated the full Phase 1 drill program to testing this target. Volt remains a compelling target, and we look forward to drill testing it in future work phases. Our crews will go on a short break before we transition to prospecting and mapping programs at Macks, Milner, Rosy and Idaho Creek while we await assay results from Catch."
The company's share price was up $0.005 at last look to $0.175 on the TSXV.