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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

Post by geolteacheron Jul 22, 2024 9:31pm
200 Views
Post# 36143644

Catch Deposit, PIL deposit:

Catch Deposit, PIL deposit:both projects have good exploration results.

I don't like Catch because its' in a steep ridge that's right against Claire Lake, and there's a First Nation land across the lake. I think permitting Catch will require a lot of effort to demonstrate there'll be no harm to surface water, or to groundwater (that eventually connects to surface water), and that mine development and operation won't disturb the stability of the slope down to the lake.

The northern end of Catch, called the 'Volt zone', is immediately east of a large landslide that looks to have occurred in the last century (or decade, maybe)per the distribution of vegetation evident on Google satellite view. This implies that the ridge top down to the lake is generally at the limit of slope stability. 

PIL project has two good soil anomalies a couple km apart, doesn't abut a lake, and the slopes aren't as steep.

I recommend valuing the Cascadia only on PIL.
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