Vancouver, British Columbia – TheNewswire - November 5, 2026. Cascade Copper Corp. (CSE: “CASC”/FRA: 91O) (“Cascade” or the “Company”) is pleased to announce that it has exercised its earn-in option to own 100% interest in the Centrefire Copper and Gold Project (the Project) from the vendor by completing the third and final option installment of cash and shares.  The Company now holds 100% of the entire 3,922 hectares project area located in northwest Ontario, Canada. The original vendor holds a 2% NSR on a portion of the entire project area where 1% can be bought back for $1M.

"I am more than happy that Cascade was able to fulfill our earn-in option commitments to acquire 100% of the Centrefire Copper and Gold project near Dryden Ontario.  After our maiden drilling program success and our upcoming plans for a Phase 2 program, its nice to know we have the project 100%.”  Stated Jeffrey Ackert, President and CEO of Cascade Copper Corp.  “We have more work planned beyond the next drilling program that will help uncover more copper and gold targets across the entire project area."

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Figure 1: Centrefire Copper-Gold Project Location in NW Ontario showing significant companies active in the region.

1 Bellavista Website Sioux Lookout Project

2  Ashley Gold Website: Press Release June 25, 2026

3 NexGold Website: Goliath Gold Complex

Note: The information disclosed from adjacent properties is not necessarily indicative of the mineralization on the Centrefire Project.

 

Project Description

The 3,922-hectare Centrefire Cu-Au Project is located in the Wabigoon Greenstone Belt in Northwestern Ontario, ~40 kilometers northeast of Dryden and ~35 kilometers southwest of Sioux Lookout. It has been minimally explored in the past with 10 short (<75m vertical depth) drill holes, 5 surface trenches, continuous channel sampling over multi-meter intervals, and geophysics, both surface and airborne including magnetics and EM surveys. Phelps Dodge explored the area between 1968 and 1970 and discovered several stacked intervals of copper, gold, and nickel mineralization within the majority of drill holes. Recent modern work by Cascade has confirmed surface mineralization, re-interpreted and modelled the EM and magnetic geophysics and defined priority drill targets from this. Recent surface sampling has returned values up to 2.86% Cu, 2.84 g/t Au, and 23.5 g/t Ag.

**Note: a recently completed Phase 1 Drill Program returned multiple intervals of greater than 1.0% CuEq* with Drill Hole CF-26-04 returning 1.56% CuEq over 14.75m within a wider zone of 0.78% CuEq over 52.90m. The entire 122.40m long hole returned 0.42% CuEq. See Press Release October 15, 2026

*CuEq values are calculated using the following commodity prices and recovery factors:$5.00 Cu, $3750 Au, $50 Ag and 85% recovery for Cu, 75% recovery for Au and 65% recovery for Ag (values from similar sulphide rich deposits), Using those values the CuEq% = Cu% + Au g/t x 0.965074 + Ag g/t x 0.01115

 

Outlook for the Centrefire Project

A follow-up Phase 2 drill program is planned at Centrefire to test the along strike and depth continuity of the zones intersected in the Phase 1 drill holes, targeting the potential deeper, higher-grade core to the system at the MGZ.  Biogeochemistry, LiDAR, and airborne EM surveys are planned to help delineate further target areas, especially along strike and within the newly staked claims.

The technical information in this news release was prepared and approved by Shannon Baird, P.Geo., a Qualified Person as defined in National Instrument 43-101. Mr. Baird is Vice President Exploration of Cascade Copper Corp. and registered as a Professional Geoscientist with the Professional Geoscientists of Ontario as well as the Engineers and Geoscientists of British Columbia.

About Cascade Copper

Cascade Copper is an exploration stage natural resource company engaged in the evaluation, acquisition, and exploration of copper based mineral resource properties. Cascade is focused on copper and gold, porphyry and mesothermal gold deposits in British Columbia and VMS and BIF copper, gold, and silver style deposits in Ontario. Cascade’s priority is to conduct exploration using modern technology that includes 3D inversion modelling of geophysics, LiDAR elevation models, and AI enhanced Predictive Modelling from all historic and modern data inputs.  Drilling is planned on several of its copper-gold targets this year. Cascade has five projects, including the Copper Plateau Copper-Moly Project, the Centrefire Copper-Gold Project, the Rogers Creek Copper-Gold Project, the Fire Mountain Copper-Gold Project, and the Bendor Gold-Tungsten Project.

FOR FURTHER INFORMATION, PLEASE CONTACT:

CASCADE COPPER CORP.

Jeffrey S. Ackert, President and CEO

555-1130 West Pender St.

Vancouver, BC V6E 4A4

Telephone: 1 613 851 7699

E-Mail: info@cascadecopper.com

Web:    www.cascadecopper.com

Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

DISCLAIMER & FORWARD-LOOKING STATEMENTS

This news release includes certain “forward-looking statements” which are not comprised of historical facts. Forward-looking statements are based on assumptions and address future events and conditions, and by their very nature involve inherent risks and uncertainties. Although these statements are based on currently available information, Cascade Copper Corp. provides no assurance that actual results will meet management’s expectations. Factors which cause results to differ materially are set out in the Company’s documents filed on SEDAR+. Undue reliance should not be placed on “forward looking statements.”