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Cascadia Minerals Ltd ( (TSE:CAM) ) just unveiled an update.
Cascadia Minerals reported strong assay results from the remaining eight holes of its 2025 diamond drill program at the Carmacks Copper-Gold Project, confirming broad sulphide mineralization and multiple high-grade copper-gold intercepts, including 42.88 metres grading 1.19% copper with 0.34 g/t gold. The program, which successfully intersected mineralization in ten of eleven holes and delivered grades above the cutoff used in the 2023 economic study, underpins plans for a fully funded 15,000-metre drill campaign in 2026 to expand the Carmacks deposit, test nearby zones and regional targets, and launch baseline environmental, engineering and metallurgical work, signaling a push to fast-track the project and potentially enhance the project’s scale and economic profile for stakeholders.
The most recent analyst rating on (TSE:CAM) stock is a Hold with a C$0.24 price target. To see the full list of analyst forecasts on Cascadia Minerals Ltd stock, see the TSE:CAM Stock Forecast page.
Spark’s Take on TSE:CAM Stock
According to Spark, TipRanks’ AI Analyst, TSE:CAM is a Neutral.
The score is held back primarily by weak financial performance (no revenue, ongoing losses, and continued cash burn), despite a clean no-debt balance sheet. Technicals are a meaningful positive with price above key moving averages and positive MACD. Valuation remains pressured by negative earnings and no dividend yield.
To see Spark’s full report on TSE:CAM stock, click here.
More about Cascadia Minerals Ltd
Cascadia Minerals Ltd. is a Vancouver-based mineral exploration company focused on copper and gold projects, with a key asset being the road-accessible Carmacks Copper-Gold Project in central Yukon. The company is targeting sulphide resource expansion and regional exploration across its 177 km² land package, aiming to grow its copper-gold resource base and advance Carmacks toward potential development.
Average Trading Volume: 410,028
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$44.54M
Learn more about CAM stock on TipRanks’ Stock Analysis page.