Cascadia Minerals Ltd. announced that it has commenced the first ever diamond drilling program at the Catch copper-gold property ("Catch") located in central Yukon. Crews are also on-site at the Rosy Property in Yukon, conducting soil sampling and prospecting, and at the PIL Property in BC, conducting soil sampling, prospecting and a deep induced polarization geophysical survey. 2,500 m maiden diamond drill program at the Catch Property is underway; Three to four holes at the Diorite Zone will test coincident surface mineralization and geophysical response at depth, including under an outcrop which returned 3.88% copper with 30.00 g/t gold; Three holes at the Main Zone will test geophysical response at depth under a 500 m long area with extensive surface mineralization; Permits are in place to expand the drill program up to 4,000 m if results warrant; and Crews will continue to prospect, map and soil sample underexplored areas of the Property.

The initial holes at Catch will be drilled at the Diorite Zone, targeting the intersection of strong surface mineralization with geophysical response at depth. The first hole will test underneath the initial outcrop discovery, which returned 12 m of 0.21% copper with 0.17 g/t gold in an open-ended chip sample from a hand trench. Subsequent holes will test other mineralization, including a showing which returned 3. 88% copper with 30.00g/t gold from an outcrop grab sample.

Following initial holes at the Diorite zone, the drill will move to the Main Zone, where extensive surface mineralization is present across a broad area. Drilling in this area will test chargeability anomalies at depth, as well as a co-incident resistivity high. Cascadia also announces the granting of incentive stock options to its directors, officers, employees and consultants, pursuant to its Omnibus Equity Incentive Plan (the "Plan"), entitling them to purchase up to 1,250,000 common shares at a price of $0.20 per share.

These options have a term of five years and will vest on a quarterly basis, commencing three months from the date of grant. In addition, Cascadia also announced the granting of 275,000 Restricted Share Units ("RSUs") to certain of its executive officers pursuant to the Plan. These RSUs will vest one-third per year commencing one year from the date of grant.

Overlimit values for copper were determined by the Cu-OG62 procedure which involves a four-acid digestion followed by ICP-AES analysis. Results referenced in this release represent highlight results only and include samples collected by previous operators in 2022 and earlier years. Below detection values for gold and copper have been encountered in soil and rock samples in these target areas.

The technical information in this news release has been approved by Adam Coulter, M.Sc., P.Geo., VP Exploration for Cascadia and a qualified person for the purposes of National Instrument 43-101.