CAVU Energy Metals Corp. to provided results of the first four diamond drill holes from its exploration program on the Hopper porphyry/skarn copper-gold project in southern Yukon. The Hopper Project is located in the traditional territory of the Champagne and Aishihik First Nations.

Highlights: HOP22-DDH-03 returned 15.27m at 2.80% CuEq from 62.23m, the best high-grade intersect ever drilled in the Copper Castle skarn zone, extending high grade mineralization in horizon #1 to the north by 50 metres; HOP22-DDH-02 returned 16.52m at 1.27% CuEq from 107.02m, the longest intercept grading over 1% CuEq obtained to date from horizon #2 of the Copper Castle zone. High-grade mineralization in horizon #1 is now known to occur over 300m north-south and 200m east-west and remains open to the north and south by several hundred metres. Hole HOP22-DDH-01 was collared on the eastern edge of a geophysical EM anomaly that is associated with massive magnetite and copper-iron sulphides in the skarn.

The hole intercepted a single skarn horizon that yielded 0.731% Cu, 1.37 g/t Au and 5.5 g/t Ag over 91cm from 69.50m before it had to be abandoned at 104m due to ground conditions. Hole HOP22-DDH01B was collared from the same pad as HOP22-DDH-01 and drilled at a steeper grade. The hole intercepted 8 skarn horizons ranging from 1 to 6.99m thick and grading up to 1.59% CuEq.

Hole HOP22-DDH-02 intersected 16.52m at 1.27% CuEq from 107.02m in what is modeled as skarn horizon #2. This is the first time that horizon #2 intersected meaningful grades of copper over a significant intercept and indicates the potential for this horizon to also host significant mineralization. The hole was collared in between two 2011 drill holes to test the continuity of high-grade horizon #1 around 70m depth. Horizon #1 was not intercepted because an unmineralized intrusive dyke was cut where the prospective skarn horizon was expected.

Hole HOP22-DDH-03 intersected the richest part of skarn horizon #1 drilled to date, grading 15.27m at 2.80% CuEq, and is the northernmost hole drilled into the centre of the targeted geophysical anomaly. It was collared 50m west of HOP22-DDH-01. The results of HOP22-DDH-01 and HOP22-DDH-03 together indicate the skarn system exhibits metal zonation and the copper content increases from east to west.

These holes imply the eastern extent of the shallowest high-grade copper-bearing skarn has been reached, but also show that there are more horizons at depth, as indicated by 1.59% CuEq over 3.95m from 182.37m in HOP22-DDH-01B. The Company used high-power UV core photography this season to photograph all historic core to assist with vectoring towards these higher-grade deeper horizons.