Mr. Carl Hansen reports
CASCADA PROVIDES UPDATE ON AVAILABILITY OF ANGIE PROJECT ASSAY RESULTS
Cascada Silver Corp. will release the final assays from its phase 2 diamond drilling program on the Angie copper-molybdenum project this week. Cascada completed a 1,641-metre diamond drill program on Angie in late February, 2025, intersecting a dioritic porphyry complex, with variable pyrite and chalcopyrite mineralization, in two of the three drill holes completed.
"The phase 2 program was successful in locating the predicted porphyry system indicated by the results from the phase 1 drill program, which returned significant intervals of molybdenum mineralization and porphyry-style alteration assemblages," said Carl Hansen, Cascada's president and chief executive officer. "Now, with the laboratory ahead of schedule, we anticipate being able to release the assay results from our phase 2 diamond drill program within the next few days."
The dioritic porphyry complex is spatially associated with an induced polarization chargeability high coinciding with a magnetic low. The combined geophysical anomalies suggest that the diorite porphyry complex has a significant footprint providing an exploration target measuring 1,300 metres by 550 metres. For further information on the Angie project, review Cascada's Nov. 20, 2024, and Feb. 25, 2025, press releases.
National Instrument 43-101 technical disclosure
The qualified person, as defined by National Instrument 43-101 of the Canadian Securities Administrators, for Cascada's exploration activities in Chile is Sergio Diaz, a resident of Santiago, Chile. Mr. Diaz is a public registered person for reserves and resources in Chile, and is also registered in the Colegio de Geologos de Chile.
About Cascada Silver Corp.
Cascada is a mineral exploration company focused on exploration opportunities in Chile. Cascada's team of successful exploration professionals is dedicated to the discovery of mineral deposits that can be progressed into economically viable development projects creating value for all stakeholders.
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