Mr. Jeff Ackert reports

CASCADE COPPER HIGHLIGHTS 2023 EXPLORATION RESULTS AND 2024 PROGRAMS

Cascade Copper Corp. has provided a summary of exploration results at its five copper projects in Canada. It has also provided details of its 2024 exploration programs at all five projects, which includes drilling at three of the five and developing targets at the remaining two.

Jeff Ackert, Cascade's president, comments: "Cascade has made some great progress at its copper projects during the 2023 season. Having only listed the company on the CSE in April, I believe we have added value to all projects in a short period of time. Our team has been able to bring a large amount of data together to produce a 3-D database for three projects and has initiated the process on the remaining two. Initial fieldwork has also provided new information with encouraging results. Our plans for 2024 include more boots-on-the-ground work and core drilling."

2023 highlights

Corporate:

• Listing on the Canadian Securities Exchange (CSE) under the ticker CASC in April;
• Completion of an initial public offering financing of $1-million;
• Acquisition of Copper Plateau for shares and Centrefire through an earn-in option.

Rogers Creek copper-gold project:

• 3-D compilation, including induced polarization inversion modelling, shows a high-priority porphyry-style drill-ready target;
• Hyperspectral survey of historic drill core has been initiated;
• Drill permit application submitted;
• First nations engagement with Samahquam.

Fire Mountain copper-gold project:

• 3-D compilation, including magnetic inversion modelling;
• Fieldwork completed, including hyperspectral study;
• High-grade copper, gold and silver values up to 1.88 per cent Cu, 5.51 grams per tonne Au and 76.5 g/t Ag;
• First nations engagement with Xa'xtsa7 (Douglas Band).

Bendor gold project:

• Lidar and airborne magnetics/radiometrics completed;
• Compilation of historic data initiated.

Copper Plateau copper-gold-molybdenum project:

• New acquisition by an all-share purchase for 90 per cent of the project with no royalty or option payments;
• High-quality historic work, including drilling, 3-D array IP, airborne magnetics, radiometrics and electromagnetic;
• Porphyry system with copper, gold, silver and molybdenum mineralization;
• Hyperspectral study completed, including alteration mapping and sampling;
• High-grade copper, gold, silver and molybdenum values up to 11.35 per cent Cu, 1.55 g/t Au, 129 g/t Ag and 0.17 per cent Mo;
• 3-D compilation initiated.

Centrefire copper project:

• Option to earn 100 per cent and additional staking along strike in volcanogenic massive sulphide and iron-formation-style mineralized prospect in Ontario;
• Initial sampling returned excellent copper and gold values up to 2.48 per cent Cu and 1.22 g/t Au;
• Compilation of historic data, including airborne magnetics and EM, trenching, and drilling.

2024 exploration plans

Rogers Creek copper-gold project:

• Initial drilling up to 1,500 metres in two to three holes at target 1 North;
• Ground truth geochemical anomalies at target 1 South.

Fire Mountain copper-gold project:

• Drilling and exploration permit submission;
• Initial IP survey across Inferno zone;
• Mapping and sampling on the mag-low anomaly;
• Ground truth historic copper-gold showings, including Money Spinner and Lilabet zones;
• Mapping and sampling along new logging road exposures;
• Project-wide hyperspectral study of all collected samples;
• Develop drill targets.

Bendor gold project:

• Complete 3-D compilation, including inversion of new magnetic data;
• Project-wide mapping, sampling and hyperspectral survey;
• Develop drill targets.

Copper Plateau copper-gold-molybdenum project:

• Drilling and exploration permit submission;
• Expand IP coverage along strike;
• Project-wide mapping, sampling and hyperspectral survey;
• Lidar survey with in-depth structural interpretation;
• Scan all historic core with hyperspectral and high-resolution photography;
• Complete 3-D compilation modelling of drilling, IP, magnetics and hyperspectral analysis;
• Develop drill targets and drill up to 1,500 m.

Centrefire copper project:

• Drilling and exploration permit submission;
• High-resolution magnetics and EM surveys with inversion;
• Project-wide mapping, sampling and hyperspectral survey;
• Lidar survey with in-depth structural interpretation;
• Trenching and channel sampling of newly stripped and historic zones;
• Drill up to 1,500 m in four to five holes.

Corporate:

• Equity financing;
• Evaluate early- to mid-stage, high-potential copper exploration projects for low-cost and low-commitment acquisition.

The qualified person responsible for the technical content of this press release is Shannon Baird, PGeo, vice-president, exploration, of Cascade Copper.

About Cascade Copper Corp.

The corporation is an exploration-stage natural resource company engaged in the evaluation, acquisition and exploration of copper-based mineral resource properties. Cascade is focused on copper and gold, porphyry, and epithermal deposits in British Columbia. Cascade's priority is to conduct exploration, including drilling on its flagship Rogers Creek property located in the Coast Mountain belt of British Columbia, 90 kilometres northeast of Vancouver, in the Southwest mining region. Cascade currently has five projects, including the Centrefire copper project, the Copper Plateau copper-moly project, the Fire Mountain copper-gold project, the Bendor gold project and the flagship Rogers Creek copper-gold project.

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