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Cascadia Minerals Ltd V.CAM

Alternate Symbol(s):  CAMNF

Cascadia is a Canadian junior mining company focused on exploring for copper and gold in the Yukon and British Columbia . Cascadia's flagship Catch Property in the Yukon hosts a brand-new copper-gold porphyry discovery where inaugural drill results returned broad intervals of mineralization, including 116.60 m of 0.31% copper with 0.30 g/t gold. Catch exhibits extensive high-grade copper and gold mineralization across a 5 km long trend, with rock samples returning peak values of 3.88% copper and 30.00 g/t gold.


TSXV:CAM - Post by User

Bullboard Posts
Comment by desertmuleon Sep 17, 2014 6:16pm
348 Views
Post# 22945941

RE:Denver Gold Forum

RE:Denver Gold Forum
$21 mill in the treasury...will have $20 mill to begin 2015. Have completed 77000 metre of drilling.....5000 metre in 2014....no plans for 2015 have been made yet....will depend on market conditions and further pending results. As we know the property is huge and many many zones to be completely developed. Tiger zone has a small but lucrative deposit which could be mined easily in particular the oxide part which maybe a financing benefit. Good relationship with natives....geopolitically very good....grass root development thus no nsr's etc.........My impression is that management believes this property has EXTREME potential but unless market conditions are right it could take ALOT of money to develop. A tough call for the small investor, there's no doubt the property contains a huge amount of gold but under what time frame and cost will it take to develop!
Bullboard Posts