Cascade Copper Corp. announced the results from a priority channel sampling program at its Centrefire Copper and Gold Project (the "Project") located approximately 40 kilometres northeast of Dryden, Ontario, Canada. The results indicate significant copper, gold, and silver values over substantial widths.

A total of 43 samples were taken across the 7 channel locations. The samples where contiguous samples of 1.0m or 0.5m in length within each priority channel area. Individual copper values ranged from 2.36% over 1m in Channel 7 to 95.2 ppm over 1m in Channel 6 with 49% of the samples assaying over 0.25% Cu.

Gold values ranged from 3.61 g/t over 1m in Channel 2 to 0.017 g/t in Channel 6 with 63% of the samples assaying over 0.5 g/t Au. Silver values ranged from 10.5 g/t over 1m in Channel 7 to below detection in Channel 6 with 67% of the samples assaying over 1.0 g/t Ag. Discussion of Results: It is noted that at many of the channels, the samples at the end of the sequences returned high values.

This infers that the mineralization may continue beyond the areas that have been sampled. Channel area 7 is an example where the last sample at the south end returned 2.36% copper and 1.41 g/t gold while the last sample to the north returned 0.38% copper and 1.95 g/t gold. Also to note that the best channel (Channel 7) was the east-most area sampled and indicates that mineralization may continue further to the east.

Cascade Copper is encouraged by the results of this program as it confirms the EM conductor in the area of the Main Gossan is mineralized with significant copper, gold, and silver values. This upgrades the potential of the other identified conductors within the Centrefire Project area. Cascade has identified over five linear kilometres of EM conductors on the western block of the project area.

The eastern portion of the project area has not seen any EM surveys but contains similar geology and magnetic trends as the western project area. Next Steps: The Corporation plans to continue exploration at Centrefire with a proposed diamond drill program to test the subsurface continuity of the copper and gold mineralization. The drilling will focus on the Main Gossan Zone.

Additional ground work such as mapping, sampling, and surface geophysics will investigate the identified EM conductors as well as the high mag axes that are deemed to convey iron formations that are known to host high grade gold systems. The northeast portion of the project area that was recently staked, will see some airborne magnetic and/or EM surveys and prospecting.