Cascadero Copper Corporation: Francisco I and Francisco II Taca Taca Drill Results, Northwestern Argentina

Cascadero Copper Corporation (TSX VENTURE:CCD) - 

Highlight: FR-12-06 drills 146 metres 0.35% Cu, 0.013 % Mo and 0.05 g/t Au
(0.46% CuEq)


Salta Exploraciones S.A. (Salta), Cascadero's 50% owned Argentine subsidiary,
has received assays from the Francisco I and Francisco II properties in Salta
province, northwestern Argentina. The properties are jointly controlled assets,
50% by Corrientes S.A., a subsidiary of Lumina Copper and 50% by Salta. The
properties adjoin the Taca Taca 3.1 billion tonne Cu-Mo-Au porphyry deposit to
the west. 




TABLE ONE                                                                   
Francisco I and Francisco II                                                
Drill Holes and Assays                                                      
                                                                            
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                      From      To  Interval      Cu      Mo     Au     CuEq
HOLE ID                (m)     (m)       (m)       %       %     g/t       %
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FR-12-04                42      48         6    0.43      Tr    0.34    0.62
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and                     66      68         2    0.10      Tr    2.47    1.54
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and                    134     136         2    0.09      Tr    0.89    0.61
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and                    148     150         2    0.06      Tr    1.50    0.94
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and                    214     216         2    0.06      Tr    0.83    0.54
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FR-12-05                24      28         4    0.19      Tr    0.23    0.32
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and                    244     254        10    0.03      Tr    0.36    0.24
----------------------------------------------------------------------------
                                                                            
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FR-12-06                 2      38        36    0.22   0.007    0.05    0.29
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inc                      6      24        18    0.26   0.009    0.16    0.41
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and                    168     420       252    0.25   0.009    0.04    0.33
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inc                    274     420       146    0.35   0.013    0.05    0.46
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FR-12-07               232     348       116    0.25   0.006    0.06    0.32
----------------------------------------------------------------------------



The exploration program included Gravity and Magnetic geophysical surveys and 10
reverse circulation drill holes, five on each of Francisco I and Francisco II
for a total of 3,695 metres.


FR-12-06 is 130 metres west of the common Taca Taca property boundary and a 150
metre step out west of Corrientes drill hole RC-12-19. FR-12-07 is 150 metres
north of FR-12-06. FR-12-08 -09 and -10 are step outs to the west and north of
FR-12-06 and returned anomalous levels of Cu, Mo and Au from surface to total
depth. The mineralization present in FR-12-06 and FR-12-07 could be an extension
of the copper values present in the area of RC-12-19 drilled close to the common
boundary by Corrientes in early 2012. 


Additionally, FR-12-04, in the north western part of Francisco I, encountered
intervals of copper and gold mineralization in an altered granite to a depth of
216 meters. FR-12-05 encountered two anomalous intervals of gold and copper
mineralization. The higher gold content in drill holes on Francisco I may
indicate a different style of mineralization, possibly an IOCG system, that
could extend onto Salta's 100% owned La Sarita I and La Sarita II properties
that adjoin Francisco I and II to the west. Salta believes a follow up
exploration program in these areas is warranted. 


Francisco I drill holes FR-12-01, -02 and -03 returned low values of copper,
gold and moly. The ten drill holes on Francisco I and Francisco II, respectively
1,313 and 1,000 hectares, only tested a small portion of the properties. 


The shared exploration program was formulated in a series of June and July
meetings in 2012 where the VPs of Exploration, Raul Chocobar from Salta, and
Andy Carstensen from Lumina discussed and designed a cost effective exploration
program to cover legally required work in order to keep the concessions in good
standing. The exploration program was led by Corrientes. All of the required
expenditure on both of the jointly controlled properties has been made in order
to maintain the properties in good standing. 


To view the map associated with this press release, please visit the following
link: http://media3.marketwire.com/docs/ccd-0207-map.pdf


All samples from Francisco I - II were sent to ALS Minerals, Mendoza, Argentina.
The assay package was ICP 33 elements + Au fire assay. Copper equivalent is
calculated as: (Cu% + Au g/t x 0.583 + Mo% x 6).


This news release was prepared by Bill McWilliam, president and director of
Cascadero Copper and Salta Exploraciones S.A., and was reviewed and read by Raul
Chocobar, VP Exploration and director of Salta Exploraciones SA.


Dr. George Gale, Ph.D., P.Eng., is the Qualified Person for Cascadero Copper.
Dr. Gale reviewed the Francisco I and Francisco II assay data and compilation
and has approved this news release.


Bill McWilliam, CEO

FOR FURTHER INFORMATION PLEASE CONTACT: 
Cascadero Copper Corporation
Bill McWilliam
CEO
Office: 604-924-5504 or Cell: 604-999-0391
[e-mail]
www.cascadero.com