Dr. Jaap Verbaas reports

CAVU MINING ANNOUNCES DRILL PROGRAM ON HOPPER PORPHYRY PROJECT

Cavu Mining Corp. will commence drilling on the Hopper project in early May. The Hopper project is in the traditional territory of the Champagne and Aishihik First Nations.

Highlights

• Drilling to focus on both new porphyry discovery potential and Copper Castle massive sulphide skarn;
• Minimum 5,000-metre diamond drill program;
• Contractors secured;
• Mobilization to site expected mid-April.

"After modelling the mineralized skarn horizons and defining our targets, we are pleased to announce the coming drill program. This program is substantially larger than our 2021 program and is set to start ahead of schedule," stated Dr. Jaap Verbaas, chief executive officer of Cavu. "We are in a position to execute an efficient program with 2,000 metres of drilling planned in the porphyry targets and 3,000 metres in the Copper Castle skarn."

Local hiring

Local hiring is a priority for Cavu to ensure the communities closest to the company's projects have a chance to benefit from its exploration activities. Contractors for the drill program are secured and the company is pleased to work with local first nations to ensure job openings and contracting opportunities are made available to them. Mobilization to site is expected in mid-April.

Qualified person

Derrick Strickland, PGeo (1000315), is the qualified person as defined in the National Instrument 43-101, and has reviewed and approved the technical information presented within this news release.

About Cavu Mining Corp.

Cavu Mining is a mining company engaged in the acquisition, exploration and development of mineral projects containing metals used in green technologies and the renewable energy sector. The company is currently focused on the exploration of its Hopper copper-gold project in Yukon and continues to evaluate complementary mineral projects in mining-friendly jurisdictions.

We seek Safe Harbor.