The company aims to discover 5-10 million more ounces of gold in this area. Their advantageous location in Yellowknife with existing infrastructure and an experienced management team contribute to lower costs and enhanced prospects.

The focus is on the Santa Ana project in Colombia, a high-grade primary silver project in a mining-friendly area.

Cascadia Minerals is a company that emerged from Hecla's acquisition of Aztec Resources, a copper and gold-focused exploration company in Yukon and B.C.

The company acquired the Fenn-Gib deposit, containing 2 million ounces of resources in the Timmins area, and has conducted extensive drilling, increasing the resource to approximately 3.7 million ounces.