Cascadia Minerals Appoints Robert Dixon as Chairman, Drills Carmacks Project
Cascadia Minerals Ltd. (TSXV: CAM, OTCQB: CAMNF) has appointed Robert Dixon as a director and non-executive Chairman of its Board of Directors. Dixon, who holds a BA from the University of Victoria and a Kellogg-Schulich MBA, brings over 20 years of capital markets experience to the role.
Cascadia has granted incentive stock options to certain directors, officers, employees, and consultants, entitling them to purchase up to 600,000 common shares at $0.20 per share. The technical information in this news release has been approved by Andrew Carne, M.Eng., P.Eng., VP Corporate Development for Cascadia and a qualified person for the purposes of National Instrument 43-101.
Cascadia's flagship asset is the 177 km Carmacks Project, located 35 km southeast of the past producing Minto Mine. The project boasts an existing 40-person camp and roads throughout the property. The Carmacks Main Deposit has a Measured and Indicated Resource containing 651 Mlbs of copper and 302 koz of gold, with a preliminary economic assessment demonstrating positive economic potential. The company currently has approximately $4M in working capital.
Cascadia is currently drilling at the Carmacks Project, with up to 4,000 m of diamond drilling planned for fall 2025. This drilling program includes about 4,000 meters of diamond drilling, with a second drilling rig starting work in Zone 1213. However, specific details about the analysis of the drilling results are not mentioned in the available information.
With the appointment of Robert Dixon as its new director and non-executive Chairman, Cascadia Minerals Ltd. strengthens its leadership team. The company's Carmacks Project, with its significant resource potential and existing infrastructure, remains a key focus. Cascadia continues to drill at the project, with a planned program for fall 2025. Forward-looking information is subject to risks and uncertainties.
Read also:
- Germany's Social Workers in High Demand Despite Salary Disparities
- Minimal Essential Synthetic Intelligences Enterprise: Essential Minimum Agents
- Tesla is reportedly staying away from the solid-state battery trend, as suggested by indications from CATL and Panasonic.
- UK automaker, Jaguar Land Rover, to commit £500 million for electric vehicle manufacturing in Merseyside
