Cascadero Receives Technical Report on Jovan Gold-Copper Prospect in Ontario

Cascadero Copper Corporation (TSX VENTURE:CCD) - 

JOVAN SURVEY HIGHLIGHTS



--  Twenty-one (21) high-priority geophysical targets are present with
    significant strength and depth extension to warrant diamond drill
    testing 

--  Integration of recent Mobile Metal Ions soil geochemistry and historic
    assay data with geophysical data reveals an excellent correlation
    between known mineralization and induced polarization (IP) 

--  Several long (greater than 600 metres) NE-SW trending IP anomalies are
    open to the east and west 

--  IP targets are located at shallow-to-mid depths 

--  QUANTITATIVE SECTIONS(TM) Methodology surveys suggest mineralization is
    generally sub-vertical and likely extends to great depths 

--  Report strongly recommends extending reconnaissance survey to property
    scale 



The Company received a Technical Report on the JOVAN copper gold prospect from
Toronto based Matrix GeoTechnologies Ltd. The report details the geophysical
report and integrates MMI geochemical data supervised by Mount Morgan Resources
Ltd.


The JOVAN property is located about 40 kms east northeast of the city of
Sudbury, an area with excellent infrastructure. The property is wholly within
Davis Township and is approximately 4.9 kms east west by 1.6 kms north south
(approx. 800 hectares) and is road accessible. The Cascadero exploration is on
the western most part of the claim block. The property is within a belt of past
gold producers that extends from northeast of the Sudbury Basin to Espanola some
120 kms to the southwest.


Exploration history in the area dates to 1913. In early days, work was by
private owners. In the 1930s to the 1980s larger Canadian companies, (including
Consolidated Mining and Smelting Company of Canada, Noranda, Falconbridge,
Kerr-Addison, and Currie-Rose), conducted several campaigns in the area. Notable
former producing mines close to JOVAN are Norstar and Scadding.


Cascadero entered into an Option Agreement to acquire a 100% interest in the
JOVAN gold-copper (the Brady Option), which consists of 29 contiguous units that
are in good standing. The Brady Option agreement provides for cash, share
issuances and a work commitment over a four-year term. The Property is subject
to a 3% net smelter return royalty on precious metal (the "NSR"), 50% of which
can be purchased for cash.


Cascadero exploration amounts to approx. C$230,000 to date, which includes due
diligence, geochemistry, geology, mapping, sampling and IP/Res/Mag geophysics
and related reports.


The Company is evaluating the Matrix Report with a view to identify 12 to 20
drill collar locations in planning for up to 4,000 metres of core drilling.


ABOUT CASCADERO COPPER

Cascadero Copper is an integrated prospecting and mineral exploration business.
The Company has offices in North Vancouver, BC, Sudbury, Ontario and Salta City
in the province of Salta, Republic of Argentina. The Company generates, acquires
and explores mineral properties. Exploration is currently active in Ontario and
Argentina.


The Company has several copper-gold porphyry prospects in the Toodoggone Project
in north central British Columbia, which adjoins the Kemess Mine property now
controlled by AuRico Gold. Cascadero holds a 100% in the Toodoggone Project. The
Company holds a 100% interest in 17 volcanic and intrusive hosted gold
properties in the Sudbury, Swayze and Timmins camps of Ontario and holds a 50%
interest in SESA Holdings LLC (Nevada), which holds a 100% interest in Salta
Exploraciones SA. Salta has a large high-quality property portfolio organized
into 14 project areas consisting of 226,000 hectares in north western Argentina.


Cascadero's commodity focus is gold, silver and base metals, which are hosted in
large-scale mineral bulk mineable open pit systems.


In 2011 and 2012, Cascadero and Salta plan to initiate development drilling on
Las Burras, a new Cu-Mo-Au porphyry discovery, twin historic holes and drill
several new core holes on the Pancho Arias Cu-Mo-(Au) deposit and drill test
Incahuasi an undrilled large-scale Cu-Mo-Au porphyry prospect with excellent
geochemistry and a compelling geophysical anomaly. There is an undrilled
sediment hosted gold and silver-rich mineral system peripheral to Pancho Arias
and Incahuasi porphyry.