Cache Exploration

V.CAY, Cache Exploration, gold, Nunavut, Jack BalV.CAY ● A true district play with a claim package covering a majority of the sedimentary rocks of the Proterozoic Kiyuk Group ● 12,000 meter drill database: 2008-2013 ● Gold Showings over a 15 Km Strike Length ● Multiple Gold Intercepts over 3 g/t Au ● Four Discrete Mineralized Zones ● Significant expansion possible: ○ Five new target areas identified ○ Many parts of main trend untested by drilling ● Drill Ready ○ Fuel, drills and 35-man camp on site and ready for summer drilling

For more information Cache’s website here

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V.CAY, Cache Exploration, gold, Nunavut, Jack Bal

Cache Exploration Drilling Intersects 122m of 1.8 g/t Gold in the Rusty Zone and 64m of 1.5 g/t Gold at the New Discovery East Gold Point

Cache Exploration Inc. (the "Company", or "Cache"), (TSX-V:CAY) is pleased to announce the complete assay results of the 2017 summer ...
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V.CAY, Cache Exploration, gold, Nunavut, Jack Bal

Cache Exploration Modifies Private Placement

Cache Exploration Inc. (the "Company", or "Cache"), (TSX-V:CAY) wishes to announce that it has modified its non-brokered private placement (the ...
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V.CAY, Cache Exploration, gold, Nunavut, Jack Bal

Cache Intersects Multiple Zones of Gold Mineralization from Drilling Hole 2 at its Kiyuk Lake Gold Project, Nunavut

Cache Exploration Inc. (the "Company", or "Cache"), (TSX-V:CAY) is pleased to announce that complete assay results have been received for ...
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V.CAY, Cache Exploration, gold, Nunavut, Jack Bal

Cache Exploration Drilling Intersects Two Additional Visible Gold Zones,

Cache Exploration Inc. (the "Company", or "Cache"), (TSX-V:CAY) is pleased to announce that visible gold ("VG") has been observed, in ...
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V.CAY, Cache Exploration, gold, Nunavut, Jack Bal

Cache Exploration Acquires 100% of Kiyuk Lake Gold Project, Nunavut

September 7, 2017 / TheNewswire / Vancouver, British Columbia - Cache Exploration Inc. (the "Company", or "Cache"), (TSX-V:CAY) is pleased to announce that ...
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V.CAY, Cache Exploration, gold, Nunavut, Jack Bal

Cache Exploration Drilling Intersects 26.4 g/t Au over 8m from Drilling in the Rusty Zone at the Kiyuk Lake Gold Project, Nunavut

September 6, 2017 / TheNewswire / Vancouver, British Columbia - Cache Exploration Inc. (the "Company", or "Cache"), (TSX-V:CAY) is pleased to announce that ...
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The Stream

Everything about Cache Exploration

Cache Exploration Drilling Intersects 122m of 1.8 g/t Gold in the Rusty Zone and 64m of 1.5 g/t Gold at the New Discovery East Gold Point

Cache Exploration Inc. (the “Company”, or “Cache”), (TSX-V:CAY) is pleased to announce the complete assay results of the 2017 summer drill program at its 100% wholly owned Kiyuk Lake project in Nunavut.

Significant Release Highlights:

  • – KI17-004 at Rusty Zone returned 122m at 1.8 g/t gold from 188m down-hole in the Rusty Zone

    – KI17-005 at newly discovered East Gold Point Zone intersected:

    • – 64m at 1.5 g/t gold from 35m and

      – 10m of 6.5 g/t gold from 248m

    – Prospecting samples returned:

    • – 5.57 g/t gold from west of the Rusty Zone

      – 5.60 g/t gold grab sample from north of Kiyuk Lake and 1.1km from the newly identified Nansen target area

VP Exploration, Chris Pennimpede Comments:

“The discovery at East Gold Point is significant as it confirms that the extensive polymictic conglomerate unit is a favorable host to gold mineralization. Further exploration will continue to target these magnetite destructive features where they correspond with positive surface geochemical results in gold or pathfinder elements.

Additionally, the discovery of the Nansen target area through grid till sampling and prospecting, north of Kiyuk Lake, is also hosted in the same magnetitic polymictic conglomerate that hosts Gold Point and East Gold Point adding further to the prospective nature of this unit which has a 13km strike length extending on either side of Kiyuk Lake.

We are thrilled with the multiple new discoveries resulting from our modest 2017 program”.

Rusty Zone

KI17-004 intersected a broad zone of brecciated cross bedded sandstone with actinolinte-carbonate-magnetite infill with abundant pyrrhotite and visible gold from 188m down hole. The hole ended in mineralization at 310m down hole. KI17-004 tested the depth extension of mineralization intersected in the discovery hole and previous drill holes in the north part of the Rusty zone. This hole succeeded in increasing the depth of known gold mineralization from surface to 200m in depth below surface. The mineralized zone remains open at depth.

East Gold Point

KI17-005, East Gold Point, is located 700m to the east of the Gold Point zone. This previously untested target was defined by coincidence of magnetite destructive features observed in ground magnetic data and the presence of mineralized boulders on surface. East Gold Point represents a ‘proof of concept’ new discovery that confirms the prospective potential of structures that cross cut the polymictic conglomerate unit. Success in intercepting significant gold mineralization in the first drill hole to target the northern most extent of this structure is a positive result for further development of gold mineralization models at the Kiyuk Lake project. The strike length of the magnetite destructive features is yet to be determined and will require further ground magnetic surveying to define and constrain their extent.

Please click http://cacheexploration.com/CAY-NR-10-26-17 to view:

  • – Plan map of the Rusty Zone and East Gold Point

    – Detailed section showing the recent KI17-004 drill results

    – Plan map of the East Gold Point Zone

    – Detailed section showing the recent KI17-005 drill results

    – Maps of rock and till sampling results

Drill Results Summary

New assay results from drilling:

Hole IDFrom (m)To (m)Length (m)Gold (g/t)Zone
KI17-0041883101221.82Rusty
including19219423.52
including21622043.54
including225240153.34
including27928893.20
including294309.6815.683.03
KI17-0053599641.46East Gold Point
including3751143.12
including576363.292
including959723.13
KI17-005248258106.5104East Gold Point

CEO Jack Bal comments:

“Our 2017 drill program has delivered extremely impressive results which confirmed and extended a known target and discovered significant gold mineralization at a new target.

At Rusty Zone we not only confirmed that mineralization extends to 200m below surface but also intersected a previously unknown high-grade phase of 8m of 26.4 g/t gold. At the same time, we discovered extensive mineralization at East Gold Point with 64 m at 1.46 g/t gold.

Our prospecting returned two +5 g/t gold samples and our till campaign isolated two new anomalous areas that offer compelling evidence for further possible discovery.

All in all, this drill program has revealed the potential for Kiyuk Lake to be recognised as an extensive gold camp.

I wish to thank Cache VP Ex, Chris Pennimpede and his technical team for an incredible job.”

Cache would like to thank CSA Global for its successful operation of the 2017 summer drill program at Kiyuk Lake.

QA/QC, and Till and Core Sampling Protocols

One to two kilogram till samples collected in the field were screened to -230 mesh at the Bureau Veritas Minerals laboratory in Vancouver, British Columbia before being digested using a dilute aqua regia digestion of a 30g subsample (code AQ252) and analyzed by ICP-MS for a suite of 37 elements, including gold. Data accuracy and precision is monitored with certified reference materials submitted with the samples and field duplicates, as well as through monitoring of laboratory internal standards and pulp duplicates.

Drill core and rock samples are bagged and sealed and submitted to SGS in Red Lake, Ontario for sample preparation. Sample preparation involves crushing 2m lengths of split drill core to a nominal 75% passing 2mm, followed by pulverization of a 250-g split to a nominal 85% passing 75 microns. Gold analysis is completed in the SGS Red Lake lab with a 50g fire assay and AAS finish (code GE-FAA515). Samples returning >10g/t Au are re-assayed with a gravimetric finish (code GO-FAG505). Control samples (certified reference materials, coarse blanks and 1/4 core duplicates) were inserted on a regular basis. Laboratory internal standards, coarse crush duplicates and pulp duplicates are also monitored. Results are assessed for accuracy, precision and contamination on an ongoing basis.

Qualified Persons

Chris Pennimpede, P. Geo., Vice President, Exploration and Director for the Company is a Qualified Person as defined by National Instrument 43-101, has reviewed and verified the technical mining information provided in this release.

For more information about Cache Exploration, please visit: http://www.cacheexploration.com/

On behalf of the Board of Directors

Cache Exploration Inc.

“Jack Bal”

Jack Bal

Chief Executive Officer

FOR MORE INFORMATION, PLEASE CONTACT:

Jack Bal

+1-604-306-5285

jackbal@cacheexploration.com

FORWARD LOOKING STATEMENTS: This news release contains certain forward-looking statements within the meaning of Canadian securities laws, including statements regarding the Kiyuk Lake Property: statements pertaining to the ability of Cache Exploration Inc. (“CAY”); the potential to develop resources and then further develop reserves; the anticipated economic potential of the property; the availability of capital and finance for CAY to execute its strategy going forward. Forward-looking statements are based on estimates and assumptions made by CAY in light of its experience and perception of current and expected future developments, as well as other factors that CAY believes are appropriate in the circumstances. Many factors could cause CAY’s results, performance or achievements to differ materially from those expressed or implied by the forward looking statements, including: discrepancies between actual and estimated results from exploration and development and operating risks, dependence on early exploration stage concessions; uninsurable risks; competition; regulatory restrictions, including environmental regulatory restrictions and liability; currency fluctuations; defective title to mineral claims or property and dependence on key employees. Forward-looking statements are based on the expectations and opinions of the Company’s management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

The TSX Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release

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Cache Exploration Modifies Private Placement

Cache Exploration Inc. (the “Company”, or “Cache”), (TSX-V:CAY) wishes to announce that it has modified its non-brokered private placement (the “Private Placement”) previously announced on September 18, 2017. The Company will sell up to 9,000,000 Units for gross proceeds of up to $720,000 (the “Offering”) at a price of $0.08 per unit (the “Units”). Each Unit consists of one common share (a “Unit Share”) and one common share purchase warrant (a “Warrant”). Each Warrant will entitle the holder to purchase one full additional common share (a “Warrant Share”) at an exercise price of $0.10 per Warrant Share. The Warrant Share is exercisable for the first two years from the date of issue of the Warrant. Finder’s fees of 8% cash and 8% finder warrants may be payable in connection with this transaction.

For more information about Cache Exploration, please visit: http://www.cacheexploration.com/

On behalf of the Board of Directors

Cache Exploration Inc.

“Jack Bal”

Jack Bal

Chief Executive Officer

FOR MORE INFORMATION, PLEASE CONTACT:

Jack Bal

604-306-5285

jackbal@cacheexploration.com

FORWARD LOOKING STATEMENTS: This news release contains certain forward-looking statements within the meaning of Canadian securities laws, including statements regarding the Kiyuk Lake Property: statements pertaining to the ability of Cache Exploration Inc. (“CAY”); the potential to develop resources and then further develop reserves; the anticipated economic potential of the property; the availability of capital and finance for CAY to execute its strategy going forward. Forward-looking statements are based on estimates and assumptions made by CAY in light of its experience and perception of current and expected future developments, as well as other factors that CAY believes are appropriate in the circumstances. Many factors could cgoldse CAY’s results, performance or achievements to differ materially from those expressed or implied by the forward looking statements, including: discrepancies between actual and estimated results from exploration and development and operating risks, dependence on early exploration stage concessions; uninsurable risks; competition; regulatory restrictions, including environmental regulatory restrictions and liability; currency fluctuations; defective title to mineral claims or property and dependence on key employees. Forward-looking statements are based on the expectations and opinions of the Company’s management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

The TSX Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release

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Cache Intersects Multiple Zones of Gold Mineralization from Drilling Hole 2 at its Kiyuk Lake Gold Project, Nunavut

Cache Exploration Inc. (the “Company”, or “Cache”), (TSX-V:CAY) is pleased to announce that complete assay results have been received for the first two holes of its summer drill program at its Kiyuk Lake project in Nunavut. Complete results have now been received from the till sampling program.

Significant Release Highlights:

  • – KI17-002 returned 10m at 2.6 g/t gold from 32m in the Rusty Zone

    – 38m at 1.12 g/t gold from 58m and

    – 4m at 4.2 g/t gold from 150m

Previously Released Results from KI17-001:

  • – 26.4 g/t gold over 8m from the Rusty Zone

    – 6m at 5.7 g/t gold from 132m

    – New style of alteration and mineralization intersected associated with high grade gold mineralization

Rusty Zone

KI17-002 was designed to target the potential eastward extension of gold mineralization from the known Rusty gold mineralization and is a step out hole of the discovery hole RU11-001 targeting the eastward extension of gold mineralization intersected in RU11-001 which intersected 37.8m of 4.18 g/t Gold (previously reported). Drill hole KI17-002 was drilled to a depth of 209.1m. Sections containing gold mineralization were coincident with strongly albite altered and brecciated sandstone with carbonate-actinolite infill from 32 meters to 154 meters.

Complete assays results from KI17-001 to the end of the hole were also received with no additional gold mineralization.

Assay Results Pending

Assay results from the remainder of drill program are expected in the coming weeks. A total of 1,172 metres were drilled over five holes during the 2017 summer drill program.

Drill Results Summary

New assay results from drilling below:

Hole IDFrom (m)To (m)Length (m)Gold (g/t)Zone
KI17-0023242102.60Rusty
Incl.323649.90
KI17-0025896381.16Rusty
Incl.687683.98
KI17-00215015441.20Rusty
Incl.15215424.17

Till Sampling Results

Complete till sampling results have now been received. Sampling grids extending Rusty zone till sampling have identified several gold-in-till anomalies up to 390.2ppb gold. Several samples were above 50ppb gold and are considered highly anomalous. The dispersion of these anomalies may indicate additional sources of gold mineralization to the west and south of the Rusty zone. Previously reported till sampling results identified a new area named the Nansen target of potential gold mineralization north of Kiyuk Lake with values up to 768ppb gold.

To view new plan map and detailed section of Rusty Zone and till sampling results, please click: http://cacheexploration.com/cay-news-release-10-11-17

QA/QC and Core Sampling Protocols

One to two kilogram till samples collected in the field were sieved to -230 mesh at the Bureau Veritas Minerals laboratory in Vancouver, British Columbia before being digested using a dilute aqua regia digestion of a 30g subsample (code AQ252) and analyzed by ICP-MS for a suite of 37 elements, including gold. Data accuracy and precision is monitored with certified reference materials submitted with the samples and field duplicates, as well as through monitoring of laboratory internal standards and pulp duplicates.

Drill core samples are bagged and sealed and submitted to SGS in Red Lake, Ontario for sample preparation. Sample preparation involves crushing 2m lengths of split drill core to a nominal 75% passing 2mm, followed by pulverization of a 250-g split to a nominal 85% passing 75 microns. Gold analysis is completed in the SGS Red Lake lab with a 50g fire assay and AAS finish (code GE-FAA515). Samples returning >10g/t Au are re-assayed with a gravimetric finish (code GO-FAG505). Control samples (certified reference materials, coarse blanks and 1/4 core duplicates) were inserted on a regular basis. Laboratory internal standards, coarse crush duplicates and pulp duplicates are also monitored. Results are assessed for accuracy, precision and contamination on an ongoing basis.

Qualified Persons

Chris Pennimpede, P. Geo., Vice President, Exploration and Director for the Company is a Qualified Person as defined by National Instrument 43-101, has reviewed and verified the technical mining information provided in this release.

For more information about Cache Exploration, please visit: http://www.cacheexploration.com/

On behalf of the Board of Directors

Cache Exploration Inc.

“Jack Bal”

Jack Bal

Chief Executive Officer

FOR MORE INFORMATION, PLEASE CONTACT:

Jack Bal

604-306-5285

jackbal@cacheexploration.com

FORWARD LOOKING STATEMENTS: This news release contains certain forward-looking statements within the meaning of Canadian securities laws, including statements regarding the Kiyuk Lake Property: statements pertaining to the ability of Cache Exploration Inc. (“CAY”); the potential to develop resources and then further develop reserves; the anticipated economic potential of the property; the availability of capital and finance for CAY to execute its strategy going forward. Forward-looking statements are based on estimates and assumptions made by CAY in light of its experience and perception of current and expected future developments, as well as other factors that CAY believes are appropriate in the circumstances. Many factors could cgoldse CAY’s results, performance or achievements to differ materially from those expressed or implied by the forward looking statements, including: discrepancies between actual and estimated results from exploration and development and operating risks, dependence on early exploration stage concessions; uninsurable risks; competition; regulatory restrictions, including environmental regulatory restrictions and liability; currency fluctuations; defective title to mineral claims or property and dependence on key employees. Forward-looking statements are based on the expectations and opinions of the Company’s management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

The TSX Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release

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Cache Exploration Drilling Intersects Two Additional Visible Gold Zones,

Cache Exploration Inc. (the “Company”, or “Cache”), (TSX-V:CAY) is pleased to announce that visible gold (“VG”) has been observed, in drill core, from detailed logging of hole KI17-005 at the new East Gold Point target area. The 5-hole program has been successful in defining VG in a previously unrecognized structural host (please see news release 8-31-2017) and now in two newly intersected polymictic conglomerate settings at East Gold Point. East Gold Point is located some 5km from the 26.4g/t Au VG and finely mineralized intercept over 8m reported previously for the Rusty Zone.

Initial till samples results have also been received, and report compelling values of up to 756 ppb Au from a newly established till grid targeting prospective geology located north of Kiyuk Lake. This new till-indicated mineralization (the Nansen Prospect) is located 9.5km north of the previously well-defined trend of gold mineralization extending south of Kiyuk Lake.

To view photos of the drill core with visible gold, please click: http://www.cacheexploration.com/cay-nr-images-09-18-17

To view maps showing the location of the new, till sample defined area of potential mineralization, please click: http://www.cacheexploration.com/cay-nr-maps-09-18-17

The East Gold Point

Prospect drilling (KI17-005) has targeted parts of a 400m long zone of magnetite destruction located 700 m east of the known gold mineralization in the Gold Point zone. East Gold Point has not been previously drill tested. Though assay results have not yet been received, the Company is very encouraged to observe VG in the first drill hole in that location. This indicates that the targeting thesis is robust, and that cost-effective magnetic surveying is an effective tool at East Gold Point.

Drill hole KI17-005 was drilled to a depth of 279.2m and visible gold was observed in a section of strongly hematized polymictic conglomerate with up to 5% pyrite and quartz veining at 70m and is also observed in similar alteration and mineralization from 248m to 250m.

Five drill holes have now been completed at the Kiyuk Lake Project.

Results from the first batch of till samples, from north of Kiyuk Lake have identified two new areas of gold anomalism. Gold values up to 756ppb Au were discovered in an area that potentially represents mineralization in the northern limb of a synformal fold which repeats a sequence of polymictic conglomerate from the Gold Point zone and oligomictic conglomerates which host the Cobalt, Amundsen and other mineralized zones south of Kiyuk Lake. Overlaying the magnetics, these till anomalies correlate well with breaks in magnetics, which could represent magnetite destruction in structures that potentially represent a geological setting identical to that controlling gold mineralization at Gold Point. Historic rock sampling in the area returned values up to 2.04g/t Au, with and several other samples grading between 1-2 g/t Au.

Previous drilling at the Gold Point zone returned:

  • – 63.6m at 2.84g/t Au from 148m

    – 12m at 2.4g/t Au from 120m

    – 12m at 3.9g/t Au from 163.5m

QA/QC and Core Sampling Protocols

One to two kilogram till samples collected in the field were sieved to -230 mesh at the Bureau Veritas Minerals laboratory in Vancouver, British Columbia before being digested using a dilute aqua regia digestion of a 30g sub-sample (code AQ252) and analyzed by ICP-MS for a suite of 37 elements, including gold. Data accuracy and precision is monitored with certified reference materials submitted with the samples and field duplicates, as well as through monitoring of laboratory internal standards and pulp duplicates.

Drill core samples are bagged and sealed and submitted to SGS in Red Lake, Ontario for sample preparation. Sample preparation involves crushing 2m lengths of split drill core to a nominal 75% passing 2mm, followed by pulverization of a 250-g split to a nominal 85% passing 75 microns. Gold analysis is completed in the SGS Red Lake lab with a 50g fire assay and AAS finish (code GE-FAA515). Samples returning >10g/t Au are re-assayed with a gravimetric finish (code GO-FAG505). Control samples (certified reference materials, coarse blanks and 1/4 core duplicates) were inserted on a regular basis. Laboratory internal standards, coarse crush duplicates and pulp duplicates are also monitored. Results are assessed for accuracy, precision and contamination on an ongoing basis.

Chris Pennimpede, P. Geo., a Qualified Person as defined by National Instrument 43-101, has reviewed and verified the technical mining information provided in this release.

In addition, the Company announces a non-brokered private placement (the “Private Placement”) to sell up to 8,000,000 units at a price of $0.11 per unit (the “Units”) for gross proceeds of up to $880,000 (the “Offering”). Each Unit consists of one common share (a “Unit Share”) and one common share purchase warrant (a “Warrant”). Each Warrant will entitle the holder to purchase one half additional common share (a “Warrant Share”) at an exercise price of $0.20 per Warrant Share. The Warrant Share is exercisable for the first two years from the date of issue of the Warrant. Finder’s fees of 8% cash and 8% finder warrants may be payable in connection with this transaction.

For more information about Cache Exploration, please visit: http://www.cacheexploration.com/

On behalf of the Board of Directors

Cache Exploration Inc.

“Jack Bal”

Jack Bal

Chief Executive Officer

FOR MORE INFORMATION, PLEASE CONTACT:

Jack Bal

604-306-5285

jackbal@cacheexploration.com

FORWARD LOOKING STATEMENTS: This news release contains certain forward-looking statements within the meaning of Canadian securities laws, including statements regarding the Kiyuk Lake Property: statements pertaining to the ability of Cache Exploration Inc. (“CAY”); the potential to develop resources and then further develop reserves; the anticipated economic potential of the property; the availability of capital and finance for CAY to execute its strategy going forward. Forward-looking statements are based on estimates and assumptions made by CAY in light of its experience and perception of current and expected future developments, as well as other factors that CAY believes are appropriate in the circumstances. Many factors could cause CAY’s results, performance or achievement to differ materially from those expressed or implied by the forward looking statements, including: discrepancies between actual and estimated results from exploration and development and operating risks, dependence on early exploration stage concessions; uninsurable risks; competition; regulatory restrictions, including environmental regulatory restrictions and liability; currency fluctuations; defective title to mineral claims or property and dependence on key employees. Forward-looking statements are based on the expectations and opinions of the Company’s management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

The TSX Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release

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Cache Exploration Acquires 100% of Kiyuk Lake Gold Project, Nunavut

September 7, 2017 / TheNewswire / Vancouver, British Columbia – Cache Exploration Inc. (the “Company”, or “Cache”), (TSX-V:CAY) is pleased to announce that it has made the final payment to Montego Resources Inc. for the acquisition of 100% of the Kiyuk Lake Gold Property through payment of $300,000 by the issuance of up to 3,000,000 Common shares of the Company having a deemed value of $0.105 per Share (“Shares for Debt Settlement”)

Closing for the Shares for Debt Settlement is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals, including the TSX Venture Exchange.

About Cache Exploration

Cache Exploration is solely focused on its 100%-owned Kiyuk Lake Property covering 590 square kilometers in southwest Nunavut. Cache has recently released assay results of 26.4 g/t Au over 8m in the Rusty Zone (news release 9/6/2017).

To view a detailed section showing the recent KI17-001 drill results and a plan map of the Rusty Zone, please click: http://www.cacheexploration.com/wp-content/uploads/2017/08/2017-08-02-nrm-rusty-cay-uy95qm.pdf

To view plan map of East Gold Point Zone please click:

http://www.cacheexploration.com/wp-content/uploads/2017/08/2017-08-02-nrm-gold-pt-cay-uy95qm.pdf

For more information about Cache Exploration, please visit: http://www.cacheexploration.com/

On behalf of the Board of Directors

Cache Exploration Inc.

“Jack Bal”

Jack Bal

Chief Executive Officer

FOR MORE INFORMATION, PLEASE CONTACT:

Jack Bal

604-306-5285

jackbal@cacheexploration.com

FORWARD LOOKING STATEMENTS: This news release contains certain forward-looking statements within the meaning of Canadian securities laws, including statements regarding the Kiyuk Lake Property: statements pertaining to the ability of Cache Exploration Inc. (“CAY”); the potential to develop resources and then further develop reserves; the anticipated economic potential of the property; the availability of capital and finance for CAY to execute its strategy going forward. Forward-looking statements are based on estimates and assumptions made by CAY in light of its experience and perception of current and expected future developments, as well as other factors that CAY believes are appropriate in the circumstances. Many factors could cause CAY’s results, performance or achievements

to differ materially from those expressed or implied by the forward looking statements, including: discrepancies between actual and estimated results from exploration and development and operating risks, dependence on early exploration stage concessions; uninsurable risks; competition; regulatory restrictions, including environmental regulatory restrictions and liability; currency fluctuations; defective title to mineral claims or property and dependence on key employees. Forward-looking statements are based on the expectations and opinions of the Company’s management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

The TSX Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release

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Cache Exploration Drilling Intersects 26.4 g/t Au over 8m from Drilling in the Rusty Zone at the Kiyuk Lake Gold Project, Nunavut

September 6, 2017 / TheNewswire / Vancouver, British Columbia – Cache Exploration Inc. (the “Company”, or “Cache”), (TSX-V:CAY) is pleased to announce that partial assay results have been received for KI17-001 the first hole of the program of its ongoing summer drill program at its Kiyuk Lake Gold project in Nunavut.

Significant Release Highlights from Hole KI17-001 from the Rusty Zone:

  • – 26.4 g/t Au over 8m from 108m – 116m

    – 5.7 g/t Au over 6m from 132m – 138m

    – New style of alteration and mineralization intersected associated with high grade gold mineralization

KI17-001 is a step out hole from KI13-011 targeting the southward extension of gold mineralization intersected in KI13-011 which ended in 24.0 m at 2.5 g/t Au (previously reported). Drill hole KI17-001 was drilled to a depth of 287.75 m and visible gold was observed in a section of strongly altered and brecciated sandstone from 110 meters to 112 meters. The zone was not expected and was above target mineralization. This represents a new, high grade gold interval within the Rusty zone. Abundant visible gold occurs with vuggy quartz veining, sooty pyrite and magnetite infill which is distinct from the dominant actinolite-carbonate veining and breccia at Rusty.

Assay Results Pending

Assay results from the remainder of KI17-001 are expected in the next week. A total of 300 samples from the first three drill holes were shipped to SGS Canada Inc. in Red Lake for gold analysis. In addition, 150 till samples from grid sampling north of Kiyuk Lake have been shipped for analysis to Bureau Veritas in Vancouver.

Drill Results Summary

New assay results from drilling below:

Hole IDFrom (m)To (m)Length (m)Gold (g/t)Zone
KI17-001108116826.48Rusty
Incl.110112292.76
KI17-00113213865.70Rusty

Drilling has now been completed at the Rusty Zone and is now focusing on the extending the known gold mineralization at Gold Point. Drill hole KI17-005, currently being drilled, is targeting a 400 m long zone of magnetite destruction at East Gold Point. This target is located 700 m east of the Gold Point zone and has not yet been drill tested.

To view a detailed section showing the recent KI17-001 drill results and a plan map of Rusty Zone, please click: http://www.cacheexploration.com/wp-content/uploads/2017/08/2017-08-02-nrm-rusty-cay-uy95qm.pdf

Gold Point

Significant step outs are planned at Gold Point where prospecting and ground magnetics have defined two new zones of possible extensions of the known Gold Point mineralization. These extensional zones – South Gold Point and East Gold Point respectively – are defined in ground magnetics as zones of magnetite destruction coincident with east-west structures, which are identical to those found at the Gold Point zone.

Previous drilling at the Gold Point zone returned:

  • – 63.6 m at 2.84 g/t Au from 148 m

    – 12 m at 2.4 g/t Au from 120 m

    – 12 m at 3.9 g/t Au from 163.5 m

To view plan map of East Gold Point Zone please click: http://www.cacheexploration.com/wp-content/uploads/2017/08/2017-08-02-nrm-gold-pt-cay-uy95qm.pdf

QA/QC and Core Sampling Protocols

Drill core samples are bagged and sealed and submitted to SGS in Red Lake, Ontario for sample preparation. Gold analysis is completed in the SGS Red Lake lab with a 30g fire assay and AAS finish (code GE-FAA313). Samples returning >5 g/t Au are re-assayed with a gravimetric finish (code GO-FAG303). Control samples (accredited standards and non-accredited blanks) were inserted on a regular basis. Results are assessed for accuracy, precision and contamination on an ongoing basis.

Qualified Persons

Chris Pennimpede, P. Geo., Vice President, Exploration and Director for the Company is a Qualified Person as defined by National Instrument 43-101, has reviewed and verified the technical mining information provided in this release.

For more information about Cache Exploration, please visit: http://www.cacheexploration.com/

On behalf of the Board of Directors

Cache Exploration Inc.

“Jack Bal”

Jack Bal

Chief Executive Officer

FOR MORE INFORMATION, PLEASE CONTACT:

Jack Bal

604-306-5285

jackbal@cacheexploration.com

FORWARD LOOKING STATEMENTS: This news release contains certain forward-looking statements within the meaning of Canadian securities laws, including statements regarding the Kiyuk Lake Property: statements pertaining to the ability of Cache Exploration Inc. (“CAY”); the potential to develop resources and then further develop reserves; the anticipated economic potential of the property; the availability of capital and finance for CAY to execute its strategy going forward. Forward-looking statements are based on estimates and assumptions made by CAY in light of its experience and perception of current and expected future developments, as well as other factors that CAY believes are appropriate in the circumstances. Many factors could cause CAY’s results, performance or achievements

to differ materially from those expressed or implied by the forward looking statements, including: discrepancies between actual and estimated results from exploration and development and operating risks, dependence on early exploration stage concessions; uninsurable risks; competition; regulatory restrictions, including environmental regulatory restrictions and liability; currency fluctuations; defective title to mineral claims or property and dependence on key employees. Forward-looking statements are based on the expectations and opinions of the Company’s management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

The TSX Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release

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