Mr. Graham Downs reports

CASCADIA MINERALS LTD. TO COMMENCE TRADING ON TSXV

Pursuant to the final approval received from the TSX Venture Exchange, Cascadia Minerals Ltd.'s common shares will commence trading on the TSX-V at the opening of market on July 19, 2023, under the symbol CAM.

Cascadia is a new copper- and gold-focused exploration company formed pursuant to the spinout of certain assets from Atac Resources Ltd. following its acquisition by Hecla Mining Company on July 7, 2023. In connection with the completion of the acquisition and spinout, Cascadia issued 22,150,089 Cascadia shares to former Atac shareholders and Hecla subscribed for an additional 5,502,956 Cascadia shares for an aggregate subscription price of $2-million. As a result, a total of 27,653,045 Cascadia shares will be issued and outstanding at the commencement of trading. Former shareholders of Atac, to the extent that they have not done so, are reminded to complete and submit their letter of transmittal to Atac's depository, Computershare Investor Services Inc., in order to receive the applicable consideration in connection with the Hecla transaction, including their Cascadia shares.

Further information concerning Cascadia may be found on its website and in Cascadia's TSX-V listing application, available on SEDAR under Cascadia's profile.

About Cascadia Minerals Ltd.

Cascadia is a Canadian junior mining company focused on exploring for copper and gold in Yukon and British Columbia. Cascadia's flagship Catch property is a brand-new grassroots discovery which exhibits extensive high-grade copper and gold mineralization across a five-kilometre-long trend, with rock samples returning peak values of 3.06 per cent copper and 14.60 grams per tonne gold. Diamond drilling is planned to commence at Catch in early August. In addition to Catch, Cascadia is conducting exploration work at its PIL property in British Columbia and the Rosy property in Yukon, as well as evaluating additional regional opportunities.

Please refer to Atac's Jan. 23, 2023, news release for quality assurance/quality control information regarding the results of 2022 exploration work at the Catch property.

The technical information in this news release has been approved by Adam Coulter, MSc, PGeo, vice-president, exploration, for Cascadia and a qualified person for the purposes of National Instrument 43-101.

We seek Safe Harbor.