CAVU Mining Corp. provided an update on its 2022 exploration plans. Highlights: Fully financed for 2022 exploration on the Hopper project; Application made for a 10-year advanced exploration permit on the Hopper project; Exploration geologist, Lucia Theny, appointed to the Board of Directors; Engagement of investor relations and marketing teams. Permitting Update: The Company recently completed and submitted its exploration permit renewal for the Hopper Project in Yukon.

The permit will allow CAVU to drill the Hopper with up to three drills and continue to use access roads and trails to access the drill pads. The current drill permit expires June 18. The Company expects the new permit to be issued in advance of that date so that exploration may proceed uninterrupted.

CAVU's first drill program on the Hopper identified extensions of high-grade skarn horizons and porphyry-style mineralization. Drill planning for both areas, as well as for undrilled targets on the Hopper Project is in progress and the Company expects a productive 2022. As a result of the recently closed private placement, the 2022 program is fully financed.