Mr. Graham Downs reports

CASCADIA ANNOUNCES APPOINTMENT OF CHAIRMAN

Cascadia Minerals Ltd. has appointed Robert Dixon as a director and non-executive chairman of Cascadia's board of directors.

Mr. Dixon is the global head of institutional coverage at Jett Capital, with over 20 years of experience in capital markets. He has previously held roles including managing director -- Dundee Goodman Merchant Partners; partner, vice-president institutional sales, at Clarus Securities Inc.; and VP equity sales at Dundee Securities. In addition, Mr. Dixon lived in London, England, working for Bryan Garnier & Co, and Standard & Poor's. He also serves as an independent director for private company Willeson Metals. Mr. Dixon holds a bachelor of arts from the University of Victoria, British Columbia, and a Kellogg-Schulich master of business administration.

"We are very pleased to welcome Rob as Cascadia's chairman and we look forward to working with him as we rapidly advance our newly acquired Carmacks project in central Yukon," stated Graham Downs, Cascadia's president and chief executive officer. "Rob's decades of global capital markets experience in the resource sector will be invaluable as we work to expand resources at our 100-per-cent-owned Carmacks copper-gold deposit and test regional targets throughout the Minto copper belt."

"I am very honoured to be appointed chairman of the board of directors of Cascadia and to be working with a proven management and technical team with decades of Yukon experience and a track record of discoveries. Management has created an exceptional and timely opportunity by acquiring the Carmacks project, which covers a large portion of Yukon's Minto copper belt and hosts one of very few road-accessible, copper-gold deposits in a mining-friendly jurisdiction," commented Mr. Dixon. "With Cascadia's inaugural 4,000-metre drill program nearing completion, I am very excited to see the results and look forward to contributing to the company's efforts for the benefit of its stakeholders."

Equity incentive plan grants

Cascadia also announces the granting of incentive stock options to certain of its directors, officers, employees and consultants, pursuant to its omnibus equity incentive plan, entitling them to purchase up to 600,000 common shares at a price of 20 cents per share. These options have a term of five years and will vest on a quarterly basis, commencing three months from the date of grant.

About Cascadia Minerals Ltd.

Cascadia's flagship asset is the 177-square-kilometre Carmacks project, located 35 km southeast of the past-producing Minto mine, which was recently acquired by Selkirk Copper Mines Inc. The Carmacks project is road accessible, via a 13 km access road which extends from the government-maintained Freegold Road northwest of Carmacks in central Yukon. The project has an existing 40-person camp, numerous roads throughout the property and is 10 km from grid power.

Quality assurance/quality control (QA/QC)

The mineral resources and economic analysis disclosed herein are referenced from the 2023 technical report on the Carmacks project preliminary economic assessment, written by SGS Canada Inc. Pricing for the Carmacks project preliminary economic assessment base-case economic analysis was $3.75 (U.S.) per pound copper, $1,800 (U.S.) per ounce gold and $22 (U.S.) per ounce silver at an exchange rate of $1 (Canadian) to 75 U.S. cents. 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. Estimated true widths vary but are expected to be typically 60 to 70 per cent of the intersected widths. 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. Readers are cautioned that the characterization of the Minto deposit mineralization described in this release is not necessarily indicative of mineralization on the Carmacks project. Copper equivalent value assumes metal prices of $3.75 per lb copper, $2,000 per oz gold, $25 per lb silver and $12 per lb molybdenum, and recoveries of 82 per cent for copper, 70 per cent for gold, 69 per cent for silver and 70 per cent for molybdenum.

The technical information in this news release has been approved by Andrew Carne, MEng, PEng, VP corporate development for Cascadia and a qualified person for the purposes of National Instrument 43-101.

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