M&A / Property
Cascada Silver Corp. To Become ATERRA Metals Inc

ATC · Price
Executive Summary
- Cascada Silver Corp. is changing its corporate name to ATERRA Metals Inc. and will trade under the ticker ATC beginning 16 Dec 2025.
- The re‑brand reflects a strategic focus on copper‑gold exploration in Chile, coinciding with pending option agreements to acquire three advanced porphyry properties (Frontera, Taruca, Clinton).
- Historical resource and drilling data for the three properties are disclosed, underscoring significant CuEq grades that will guide future exploration programs.
Key Details
- Name Change & Symbol: Effective 16 Dec 2025, common shares will be listed as “ATERRA Metals Inc.” with ticker ATC on OTCQB (symbol update pending).
- Board Approval: Resolution passed by the board in accordance with the Company’s Articles of Incorporation.
- Strategic Focus: Shift to copper‑gold exploration and development; name chosen to reflect Atacama region potential.
- Pending Acquisitions: Final binding option agreements are being finalized for three advanced copper‑gold porphyry properties in Region III, Chile (~60 km south of Vallenar).
- Historical Resource – Frontera Property:
- 16 Mt indicated at 0.66 % CuEq (0.38 % Cu & 0.22 g/t Au)
- 34 Mt inferred at 0.64 % CuEq (0.36 % Cu & 0.22 g/t Au)
- Historical Drilling – Taruca Property (Totora Target):
- Hole DDHTP‑02: 142 m @ 0.69 % CuEq (0.47 % Cu & 0.17 g/t Au)
- Hole DDHTO‑07: 114 m @ 0.61 % CuEq (0.23 % Cu & 0.31 g/t Au)
- Historical Drilling – Clinton Property:
- Hole RCCL‑01: 166 m @ 0.62 % CuEq (0.23 % Cu & 0.31 g/t Au)
- Hole DDHCL‑06: 278 m @ 0.61 % CuEq (0.23 % Cu & 0.30 g/t Au)
- CuEq Calculation Methodology: Uses $4.00/lb Cu and $3,500/oz Au ($112.53/g); formula provided; no recovery factors applied.
- Qualified Person: Francisco Bravo (Public Registered Person for Reserves and Resources N° 515, Chile) reviewed and approved technical information.
- Cautionary Note: Historical data have not been independently verified; they are presented solely as guidance for future exploration planning.
Notable Quotes
“The name ATERRA Metals is inspired by the potential of Atacama's mineral‑rich terrain… This experience and sustained success underpins our strategy for generating meaningful shareholder value as we finalize the recently announced acquisitions…” – Carl Hansen, CEO
More from ATAC Resources Ltd.
Jun 08, 2026 · 09:07