Strategic Focus
Cascadia is
in the process of restructuring it exploration activities to focus efforts on International as well as North American
exploration properties. Cascadia's exploration success will be driven
by low-cost exploration for base and precious metals in under-explored
mineral belts throughout the world. Initial efforts will focus on South America where Cascadia has recently incorporated Peruvian and Brazilian companies to begin exploration activities. Cascadia
intends to develop base and precious metal properties in Peru
focusing primarily on porphyry Cu-Au-Mo exploration targets. In keeping
with this strategy, Cascadia is in the process of signing a Strategic
Alliance Agreement with a private Peruvian exploration company to
explore for base metal opportunites in southern Peru. As part of the
agreement, Cascadia will help fund exploration activities in southern
Peru in return for an 80% interest in base metal opportunities
generated. Cascadia
intends to develop a similar base and precious metal exploration
strategy focusing on Ni-Cu-PGE and IOCG exploration in key
parts of Brazil. Cascadia will continue to be
opportunity driven with a global outreach to provide a solid base
needed to achieve success in the present day exploration climate.
North American Operations
Goat Mountain - Mo-W (Interested Joint Venture Partners Welcome)
The Goat Mountain Mo-W Property is located in southern British Columbia
and cosists of 12 continguous tenures covering approximately 10,000
acres. The property was originally optioned from a local propector
because of its similarities to the Roca MAX Mo deposit, a 43 million tonne high grade (at 0.21% MoS2) Mo deposit, located
approximately 150 kms to the north of Goat Mountain. Initial
diamond drilling, during the fall of 2007, outlined anomalous Mo and W
in 5 of the 6 holes completed with assay grades of up to 0.405% MoS2
over 4m and 0.083% MoS2 over 11m in holes GM-07-06 and GM-07-02
respectively. The mineralization occurs as disseminations and fracture
filling veinlets within quartz-feldspar altered metasediments similar
to the mineralization reported in the 43-101 technical report for the
Roca MAX Mo deposit. These similarities as well as the extensive skarn alteration observed on
the Goat Mountain property suggest that a Mo rich stockwork and
porphyry system may be present at depth.
>>more >> Executive Summary (660 KB PDF)
Norton
Lake - Ni-Cu-Co-PGE (Interested Joint Venture Partners Welcome)
The property is owned 51% by Cascadia, as the earn-in commitment of $1.5 million dollars
and option payments totaling $150,000 has been satisfied. There is a 2% NSR on the property
which is due to the original vendors. East West Resources Corp. and Trillium North Minerals
own the remainder of the working interest on the property.
The Norton Lake Project is an Archean aged Gabbro ultramafic intrusion
located 130 miles north of Armstrong, Ontario, Canada (northeast of
the CNR rail line and Hwy 527). The 164 claim unit project is staked
for 20 miles (32 km) along strike.
>>more >>norton
map (466 KB PDF) >>longitudinal
section map (246 KB PDF)
Midway - Ni-Cu-Co-PGE and U
The Midway
Property is comprised of 608 claims located approximately 75 kms north of the Lac des
Iles Palladium-Gold-Nickel-Copper mine operated by North American
Palladium Ltd.. The Midway property was stake by Cascadia in 2004 for
its Ni-Cu-Co-PGE and U potential and straddles the contact between the
Sturgeon Lake Greenstone belt and the overlaying Sibley Basin
sediments. Cascadia recently entered into a joint venture agreement
with East West Resources Corp. where East West will earn a 50% interest
in the property by spending $175,000 by February 8, 2009 and issuing
100,000 common shares and 100,000 warrents at $0.15 per share,
exercisable within one year of TSX approval.
>>more >>Executive Summary (839 KB PDF)
Awkward Lake - Ni-Cu-PGE (Interested Joint Venture Partners Welcome)
The Awkward Lake Property is comprised of 256 claims owned 100% by
Cascadia located approximately 50 kms southwest of the community of
Armstrong Station and approximately 70 kms north of the Lac des Iles Palladium-Gold-Nickel-Copper
mine operated by North American
Palladium Ltd.. Historical work completed by Harrison Minerals in 1963
outlined several zones of mineralized gabbro with assays of up to 15
feet (4.57m) of 0.33% Ni and 0.21% Cu at a depth if 280 ft (84.34 m)
with an interval of 0.54% Ni and 0.23% Cu over 5 ft (1.52 m) at a depth
of 285 ft (86.87 m). A total of 7 holes were completed, however, none
of these holes intersecting the lower footwall contact between the
mineralized gabbro and the underlying country rocks where
Ni-Cu-PGE rich massive sulphides are expected to accumulate.
Recent resampling of historic showing by Cascadia returned
assays of up to 0.384% Ni, 0.290% Cu and 0.181g/t PGE in suface grab
samples. The recalculation of Ni within 100% sulphides (Ni tenor for
massive sulphides) outlined grades of between 4.53% and 5.77% Ni
and proves the potential of the Awkward Lake property to host a high
grade Ni-Cu-PGE deposit along the footwall contact where magmatic
sulphides are expected to accumulate.
>>more >> Executive Summary (317 KB PDF)
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