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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

Comment by Heywood_Silverson Jun 30, 2021 6:39pm
352 Views
Post# 33477678

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Am I Crazy or What?

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Am I Crazy or What?OK, so here is my synopsis of that document:

ATAC only has 3 years remaining on it's current Class 3 exploration license and not enough time remains to finish a tote road within the span of the current license. 

The tote road itself would be long enough to necessitate a Class 4 or higher exploration license and would not be approved under the current Class 3.

The idiginous people are concerned about environmental impact, so any future approval for a tote road would likely only allow for some easily decommissioned trail, not a permanent paved road that would yield easy, year-round access.

Looks like ATAC needs to go back to the drawing board and get a new license and a new plan worked up before any serious advances will occur at Rackla.  I don't doubt this will happen, we already have a high-grade resource in excess of 1 million ounces, so no way will Rackla be mothballed permanently.  However, let's all be prepared that in the short run the focus will be on Nevada.
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