financetom
Business
financetom
/
Business
/
Cascadia Minerals Edging Up As Completes Diamond Drilling at Amp Zone in Yukon
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Cascadia Minerals Edging Up As Completes Diamond Drilling at Amp Zone in Yukon
Jun 26, 2025 7:52 AM

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.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Update: Microsoft to Separate Sales of Teams From Office Worldwide to Avoid Anti-Monopoly Scrutiny
Update: Microsoft to Separate Sales of Teams From Office Worldwide to Avoid Anti-Monopoly Scrutiny
Apr 2, 2024
05:01 AM EDT, 04/02/2024 (MT Newswires) -- (Updates with a statement from Microsoft ( MSFT ).) Microsoft ( MSFT ) said Monday it plans to separate sales of its chat and video app Teams from its Office product line across the world. The company did the same last year in Europe to avoid the scrutiny of antitrust investigators following a...
White House makes last-ditch push for internet subsidy program
White House makes last-ditch push for internet subsidy program
Apr 2, 2024
WASHINGTON, April 2 (Reuters) - The White House plans to renew a push in April to convince Congress to extend an internet subsidy program used by 23 million American households just weeks before it runs out of money, officials said. In October, the White House asked for $6 billion to extend the program through December 2024, but Congress has not...
Veeva Systems Chief Financial Officer Steps Down
Veeva Systems Chief Financial Officer Steps Down
Apr 2, 2024
05:01 AM EDT, 04/02/2024 (MT Newswires) -- Veeva Systems ( VEEV ) said in a regulatory filing on Monday that Brent Bowman stepped down as chief financial officer of the company, effective April 1. Tim Cabral, who served as Veeva's ( VEEV ) CFO from 2010 to 2020 and is a member of the board, will serve as interim finance...
Informatica Establishes New Cloud Point of Delivery in Riyadh
Informatica Establishes New Cloud Point of Delivery in Riyadh
Apr 2, 2024
05:12 AM EDT, 04/02/2024 (MT Newswires) -- Informatica ( INFA ) said Tuesday it has begun offering its artificial intelligence-powered cloud data management system in Saudi Arabia. The company also established a new point of delivery in Riyadh, the kingdom's capital, its second Middle East investment in infrastructure after launching a point of delivery in the United Arab Emirates capital...
Copyright 2023-2026 - www.financetom.com All Rights Reserved