Cascade Copper Provides Update on the Bendor Gold-Tungsten Project

Executive Summary

• Cascade Copper completed a 3‑D magnetic inversion of its airborne magnetic‑radiometric survey over the Bendor Gold‑Tungsten Project, revealing a large interconnected intrusive body with multiple cupola targets beneath known mineralized zones.
• Historical underground samples from the Bristol workings assayed up to 30.86 g/t Au, 48 g/t Au (23 kg sample), 6.5 % WO₃, and 20.6 g/t Ag, supporting the potential for significant gold‑tungsten mineralization linked to the newly modelled intrusive.
• The company will integrate the inversion results into a comprehensive 3‑D geological model, pursue permit applications, expand soil sampling, and target diamond drilling in 2026.

Key Details

• Magnetic Inversion Results
• Delineates a large interconnected intrusive suite with numerous cupola bodies extending toward the surface beneath known gold‑bearing zones and gold‑in‑soil anomalies.
• Central high‑magnetism zone interpreted as hornfelsed, hydrothermally altered country rock potentially enriched in magnetite, Au, W, Ag, Cu.

• Several “magnetic cupola” targets are buried under thin cover; one larger outcropping aligns with the central magnetic feature.

• Historical Assay Highlights

• Underground Bristol samples: up to 30.86 g/t Au and 6.5 % WO₃.

• 23 kg winze sample: 48 g/t Au, 20.6 g/t Ag, 0.16 % WO₃.

• Next‑Step Exploration Plan

• Integrate magnetic inversion into a project‑wide 3‑D geological model incorporating historic mine workings and drilling data.
• Submit diamond‑drilling and geophysics permit applications after model completion (targeting 2026 drill program).
• Conduct expanded multi‑element soil sampling to generate new pathfinder targets.

• Detailed mapping and sampling of known mineralized zones and gold‑in‑soil anomalies, prioritizing the Oxide Ridge Prospect and Bristol 11 alteration zone.

• Near‑Term Targets

• Identify high‑priority drill targets from combined magnetic, LiDAR, historic assay, and soil data.

• Ground‑truth newly verified surface magnetic and gold‑in‑soil anomalies early in the next field season.

• Technical Review

• Technical information prepared and reviewed by Shannon Baird, P.Geo., VP Exploration (Qualified Person under NI 43‑101).

Notable Quotes

“The previous exploration work at Bendor has shown some impressive values of gold, tungsten, and silver… we are extremely excited that the 3D magnetic inversion modelling has verified the potential interconnected nature of all these showings and we are excited to get on the ground and follow up on these newly generated targets.” – Shannon Baird, VP Exploration, Cascade Copper Corp.