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Cascada Provides Update on Availability of Angie Project Assay Results

News provided by newsfile2025-03-17

March 17, 2025 4:55 PM EDT | Source: Cascada Silver Corp.

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.,

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.

Neither the Canadian Securities Exchange nor its regulation services provider has reviewed or accepts responsibility for the adequacy or accuracy of the content of this news release.