Cascada Provides Update on Availability of Angie Project Assay Results
Cascada Silver Corp (CSE: CSS) has announced that final assays from its Phase II diamond drilling program at the Angie Copper Molybdenum Project are expected to be released this week. The company completed a 1,641 metre diamond drill program in late February 2025, successfully intersecting a dioritic porphyry complex with variable pyrite and chalcopyrite mineralization in two of three drill holes.
The identified porphyry system, predicted by Phase I drill results which showed significant molybdenum mineralization, is associated with an induced polarization chargeability high coinciding with a magnetic low. The geophysical anomalies suggest an extensive exploration target measuring 1,300 metres by 550 metres.
Cascada Silver Corp (CSE: CSS) ha annunciato che i risultati finali del suo programma di perforazione a diamante di Fase II presso il Progetto di Rame e Molibdeno Angie sono attesi per questa settimana. L'azienda ha completato un programma di perforazione a diamante di 1.641 metri alla fine di febbraio 2025, intersecando con successo un complesso porfirico di diorite con mineralizzazione variabile di pirite e calcopirite in due dei tre fori di perforazione.
Il sistema porfirico identificato, previsto dai risultati di perforazione della Fase I che hanno mostrato una significativa mineralizzazione di molibdeno, è associato a un'alta carica di polarizzazione indotta che coincide con un basso magnetico. Le anomalie geofisiche suggeriscono un ampio obiettivo di esplorazione che misura 1.300 metri per 550 metri.
Cascada Silver Corp (CSE: CSS) ha anunciado que se esperan los análisis finales de su programa de perforación con diamante de Fase II en el Proyecto de Cobre y Molibdeno Angie para esta semana. La compañía completó un programa de perforación con diamante de 1.641 metros a finales de febrero de 2025, intersectando con éxito un complejo porfirítico de diorita con mineralización variable de pirita y calcopirita en dos de los tres agujeros de perforación.
El sistema porfirítico identificado, predicho por los resultados de perforación de la Fase I que mostraron una significativa mineralización de molibdeno, está asociado con una alta capacidad de polarización inducida que coincide con un bajo magnético. Las anomalías geofísicas sugieren un amplio objetivo de exploración que mide 1.300 metros por 550 metros.
카스카다 실버 코퍼레이션 (CSE: CSS)는 앤지 구리 몰리브덴 프로젝트의 2단계 다이아몬드 시추 프로그램의 최종 분석 결과가 이번 주에 발표될 예정이라고 발표했습니다. 이 회사는 2025년 2월 말에 1,641미터 다이아몬드 시추 프로그램을 완료했으며, 3개의 시추 홀 중 2개에서 피라이트와 칼코파라이트 광물이 다양하게 포함된 화강암 포필리트 복합체를 성공적으로 관통했습니다.
1단계 시추 결과에 의해 예측된 식별된 포필리트 시스템은 상당한 몰리브덴 광물화를 보여주며, 자기 저주와 일치하는 유도된 분극 전하율이 높습니다. 지구물리학적 이상 현상은 1,300미터 x 550미터의 광범위한 탐사 목표를 제안합니다.
Cascada Silver Corp (CSE: CSS) a annoncé que les résultats finaux de son programme de forage à diamant de Phase II au Projet de Cuivre et de Molybdène Angie devraient être publiés cette semaine. L'entreprise a achevé un programme de forage à diamant de 1 641 mètres fin février 2025, intersectant avec succès un complexe porphyrique dioritique avec une minéralisation variable de pyrite et de chalcopyrite dans deux des trois forages.
Le système porphyrique identifié, prédit par les résultats de forage de la Phase I qui ont montré une minéralisation significative de molybdène, est associé à une forte capacité de polarisation induite coïncidant avec une faible magnétique. Les anomalies géophysiques suggèrent un vaste objectif d'exploration mesurant 1 300 mètres par 550 mètres.
Cascada Silver Corp (CSE: CSS) hat angekündigt, dass die endgültigen Analysen seines Diamantbohrprogramms der Phase II im Angie Kupfer-Molybdän-Projekt in dieser Woche veröffentlicht werden sollen. Das Unternehmen hat Ende Februar 2025 ein Diamantbohrprogramm über 1.641 Meter abgeschlossen und erfolgreich ein dioritisches Porphyrkomplex mit variabler Pyrit- und Chalkopyritmineralisierung in zwei von drei Bohrlöchern durchteuft.
Das identifizierte Porphyrsystem, das durch die Ergebnisse der Phase-I-Bohrungen vorhergesagt wurde, die eine signifikante Molybdänmineralisierung zeigten, ist mit einer hohen induzierten Polarisation, die mit einem magnetischen Tiefpunkt übereinstimmt, assoziiert. Die geophysikalischen Anomalien deuten auf ein umfangreiches Explorationsziel von 1.300 Metern mal 550 Metern hin.
- Confirmation of predicted porphyry system from Phase I results
- Large exploration target identified (1,300m x 550m)
- Successful mineralization intersection in 2 of 3 drill holes
- Ahead of schedule on laboratory results
- One drill hole did not intersect mineralization
Toronto, Ontario--(Newsfile Corp. - March 17, 2025) - Cascada Silver Corp. (CSE: CSS) ("Cascada") is pleased to announce that final assays from its Phase II diamond drilling program on the Angie Copper Molybdenum Project ("Angie") are expected to be released this week. Cascada completed a 1,641 metre diamond drill program on Angie in late February 2025 intersecting a dioritic porphyry complex, with variable pyrite and chalcopyrite mineralization, in two of the three drill holes completed.
"The Phase II program was successful in locating the predicted porphyry system indicated by the results from the Phase I drill program which returned significant intervals of molybdenum mineralization and porphyry-style alteration assemblages," said Carl Hansen, Cascada's President and CEO. "Now, with the laboratory ahead of schedule, we anticipate being able to release the assay results from our Phase II diamond drill program within the next few days."
The dioritic porphyry complex is spatially associated with an induced polarization chargeability high coinciding with a magnetic low. The combined geophysical anomalies suggest that the diorite porphyry complex has a significant footprint providing an exploration target measuring 1,300 metres by 550 metres (see Figure 1 attached). For further information on the Angie Project, review Cascada's November 20, 2024 and February 25, 2025 press releases.
NI 43-101 Technical Disclosure
The Qualified Person, as defined by National Instrument 43-101 of the Canadian Securities Administrators, for Cascada's exploration activities in Chile is Sergio Diaz, a resident of Santiago, Chile. Mr. Diaz is a Public Registered Person for Reserves and Resources N° 51, in Chile and is also registered in the Colegio de Geólogos de Chile under N° 315.
About Cascada Silver Corp.
Cascada is a mineral exploration company focused on exploration opportunities in Chile. Cascada's team of successful exploration professionals are dedicated to the discovery of mineral deposits that can be progressed into economically viable development projects creating value for all stakeholders.
On behalf of Cascada Silver Corp.,
Carl Hansen, CEO
Phone: 416-907-9969
For additional information, please contact us at: IR@cascadasilver.com
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements, including predictions, projections and forecasts. Forward-looking statements include, but are not limited to: plans for the evaluation of exploration properties; the success of evaluation plans; the success of exploration activities; mine development prospects; and, potential for future metals production. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "planning", "expects" or "does not expect", "continues", "scheduled", "estimates", "forecasts", "intends", "potential", "anticipates", "does not anticipate", or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.
Forward-looking statements involve known and unknown risks, future events, conditions, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, prediction, projection, forecast, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others: changes in economic parameters and assumptions; all aspects related to the timing of exploration activities and receipt of exploration results; the interpretation and actual results of current exploration activities including pending assay results; changes in project or exploration parameters as plans continue to be refined; the results of regulatory and permitting processes; future metals price; possible variations in grade or recovery rates; failure of equipment or processes to operate as anticipated; labour disputes and other risks of the mining industry; the results of economic and technical studies; delays in obtaining governmental approvals or financing or in the completion of exploration; as well as those factors disclosed in Cascada's publicly filed documents.
Although Cascada has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.
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FAQ
What were the key findings of Cascada Silver's (CSSCF) Phase II drilling at Angie Project?
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