TSX-V:CCD

This press release summarizes the exploration work carried out by Cascadero Copper Corporation (the "Company") in 2005, 2006, and 2007 on its Toodoggone mineral claims. The Company did not conduct any exploration on the Toodoggone claims in 2008. On March 3rd, 2009 Cascadero signed an Option and Joint Venture Agreement with Gold Fields Toodoggone Exploration Corporation, a wholly owned subsidiary of Gold Fields Netherlands Services BV. Since that time, all exploration work on the claims has been conducted by Gold Fields Toodoggone Exploration Corporation pursuant to the Joint Venture Agreement.

2005

Diamond drilling was carried out on the FIN, MEX and RYAN CREEK properties. Significant drill intersections are listed in Tables One, Two and Three below. Geological mapping and sampling was carried out on the following Cascadero properties: Canyon Creek, Steel, Dry Pond, Pine North and 10K.

FIN PROSPECT

In 2005, the Company completed eight HQ/NTW core holes (F-05-01 to F-05-08) for a total of 1,892 metres. Drill access for the skid-mounted drill was attained by existing 1991 Cominco drill roads. Drill holes were located about 400 metres southwest of the 1991 Cominco percussion drill sites, targeted on historic Cominco geochemical and IP chargeability anomalies. Exploration work by Stealth Minerals in 2004 discovered copper and molybdenum surface mineralization hosted by intrusive rocks of the Geigerich pluton and crystal tuffs of the Toodoggone Formation. The best copper values from the 2005 drill program occurred in drill holes F-05-02 and F-05-06, which are located peripheral to the margin of the IP anomaly, indicating that future drilling should be located to the northwest. Significant copper and molybdenum values were attained from surface samples in the area northwest of the drill holes.

TABLE ONE

FIN PROSPECT

Notable Assay Values

HOLE
ID
FROM
(M)
TO
(M)
INT
(M)
Mo
ppm
Cu
ppm
Zn
ppm
Au
ppb
F05-01628119666
127130382535
13914232121,011
F05-021760431,109
8092121,160
10711912758
F05-03648622297
F05-04

No significant assays

F05-059149140981
inc4156151,224
and67103381,230
and109136271,364
and14114981,468
F05-0657603491,222
6883151051,400725
87103161371,736
10311916611,415
14014442621,402
1691723374387
F05-0718112942561,560
168222543811,288
F05-08387840421,71130
inc3848102,13566
122138166572,551
1491523158783

MEX PROSPECT


In 2005, the Company drilled four BQ/TW core holes (MX-05-01 to MX-05-04) for a total of 990 metres. The helicopter-supported program tested a 700 metre x 300 metre zone along the MEX ridge. Drill hole MX-05-01 tested a magnetic anomaly between the Giegerich pluton and MEX intrusions, including dykes. MX-05-01 is anomalous in gold values from 22.0 metres (360 ppb gold) to the end of the hole. MX-05-01 averaged 0.084% copper, 0.095% zinc and 0.45 g/tn gold over 123.43 metres from 22.0 metres to 145.43 metres. Included in this interval, from 136.0 metres to 145.43 metres, was a 9.4 metre interval that averaged 1.37 g/tn gold with 462 ppm copper and 334 ppm zinc. MX-05-01 was lost in a fault at 145.43 metres and was not followed up.

The MEX intrusions are overlain by intrusive breccia that cut Toodoggone tuffs. Surface oxidation extends down to at least 150 metres. Secondary copper (neotocite) occurs on fracture surfaces deeper in the system. Elevated gold values correlate with intense argillic alteration and high magnetic values. High copper values correlate with low magnetic values in altered rocks. Elevated gold values may be related to the roots of the hydrothermal breccia deeper in the system.

TABLE TWO

MEX PROSPECT

Notable Assay Values

HOLE IDFROM
(M)
TO
(M)
INT
(M)
Cu
ppm
Zn
ppm
Au
ppb
MX-05-0122145.4123.4838953448
inc305286821,160808
and6294321,8001,486393
and136145.49.44623341,366
MX-05-02044334208
230246.116.11091800162
MX-05-3A5.22216.8242
MX-05-3B83830220
14228553
MX-05-0415817618636129

RYAN CREEK PROSPECT

At Ryan Creek, copper and zinc mineralization discovered in outcrop was followed up by soil geochemical and geophysical surveys, which defined a coincident 4,000 metres by 1,000 metres anomaly. The helicopter-supported program completed four BQ/TW core holes (RC-05-01 to RC-05-04) for a total of 918.25 metres. All inclined holes were drilled northeastward toward outcropping mineralization in Ryan Creek, and intersected monzonite porphyry. Toodoggone lithic crystal tuff was intersected in holes RC-05-01 and RC-05-04 above the monzonite. All drill holes encountered low copper with elevated zinc values and locally elevated gold values over significant widths. The positive geochemistry and lithologies in all holes suggests that these drill holes are located at the periphery of a porphyry deposit possibly related to the Nub Massif to the north or northeast.

TABLE THREE

RYAN CREEK PROSPECT

Notable Assay Values

HOLE IDFROM
(M)
TO
(M)
INT
(M)
Cu
ppm
Zn
ppm
Ag
ppm
Au
ppb
RC-05-01303668137,7865199
4362193217,8122
909221,05416,70020.3440
26108826,570
114144301,446664
168182149765172
20620822,3303,0905.2275
RC-05-02364265,931257
808882253,180270
148154696031,353
RC-05-03104124204791,156
RC-05-043452182794,8793349
inc485023115,30018.32,990
5286346,7141
86228.4144.41,288

2006

Geological mapping on MEX near drill hole MX-05-01 defined a zone of magnetite-veined volcanic tuff about 1,000 metres by 250 metres, which is estimated to be about 300 metres thick. Four drill holes were proposed for 2007 but none was drilled.

At PINE NORTH, a MMI geochemical line was sampled from Ryan Creek northeastward to PINE NORTH, a distance of 2,400 metres The MMI survey defined a Copper-gold anomaly interpreted to correspond to a body of porphyry-type mineralization possibly extending from PINE NORTH through Ryan Creek southwestward to PINE WEST.

2007

At PINE NORTH one NQ/TW core hole was drilled with helicopter support at -75º to azimuth 045º, to intersect a coincident MMI Cu-Au anomaly and an IP chargeability high. The hole intersected 67.1 metres of monzonite porphyry followed by 69.6 metres of quartz monzonite before terminating at 137.31 metres due to mechanical problems with the drill. The hole was planned to 350 metres in length.

Quartz-magnetite-pyrite veins were observed throughout the drill hole, copper assays ranged from 14 to 708 ppm, zinc from 37 to 91 ppm, silver values ranged from 0.2 ppm to 1.8 ppm and gold values were 0.03 g/t throughout. The planned five-hole program was deferred until another drill could be obtained.

A collaborative NSERC-CRD grant research project between UBC/Northgate Minerals Corporation/Stealth Minerals Ltd/Cascadero Copper Corporation was started in 2003 and ended in 2007. An airborne magnetic and radiometric survey was flown in conjunction, with GSC and BCGS support in 2003. Results were published by UBC in 2007. The research objectives included determination of porphyry-epithermal geological controls, identification of genetic links between the deposit types, construction of factual deposit models and a regional metallogenic model, and development of a predictive exploration model for the Toodoggone district.

This news release was prepared and approved for public distribution by the Company by Dr. Ken Dawson, P. Geo., and the Qualified Person for the Company's British Columbia properties. All assays included in this report were done by ECO TECH Laboratories Ltd., Kamloops BC.

Bill McWilliam
Chief Executive Officer
Cascadero Copper Corporation

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