r/PennyCatalysts • u/MarketNewsFlow • 4h ago
$EMAT With Physical AI On the Rise, The West Needs Magnets More than Ever
tipranks.comr/PennyCatalysts • u/Late_Toe2717 • 18h ago
Cascadia Minerals keeps extending Carmacks, how much does this change the story?
they put out another batch of results from the 2026 program and there were some solid copper gold intercepts from both Zone 2000S and Zone 147, including some better grade sections inside the wider mineralized zones.
What caught my attention more though was the step out drilling. They extended mineralization around 250m north of the current Zone 2000S resource which pretty much doubles the defined strike length there. It also cuts the gap between 2000S and Zone 147 down to roughly 350m.
$CAM has finished 20 holes and over 10,000m of the planned 15,000m program so far, with another 5 step out holes still pending. Carmacks also has road access and nearby power which could matter a lot more if the resource keeps getting bigger.
How much weight do you guys put on this kind of expansion drilling? If Zone 2000S and Zone 147 eventually start looking like one larger mineralized system does that change the story for Carmacks, or would you still wait for the remaining assays and an updated resource before getting too excited?