Cadillac Ventures Inc. (TSX VENTURE:CDC) ("Cadillac" or the "Company") is
pleased to announce the discovery of polymetallic veining consisting of silver
and copper at the Burnt Hill Property, located in central New Brunswick. In the
Fall 2012, the surface prospecting and exploration portion of the program led to
the discovery of polymetallic mineralization at the new "Big Bad Wolf" showing
and the newly named "Q60 Hill" showing, which to Cadillac's knowledge is the
first discovery of polymetallic mineralization at Burnt Hill. The discovery of a
polymetallic phase of mineralization at Burnt Hill suggests a more complex
mineralization, with parallels to the mineral systems found in Cornwall, which
exhibit similar setting and age relationships.


"Big Bad Wolf" Discovery

Recent road construction on the property uncovered intact and broken bedrock,
inspection of this fresh rock led to the Big Bad Wolf discovery adjacent to the
road, where quartz bedrock fragments were observed over a 20 metre section to
contain wolframite, magnetite and magnetite-dominated polymetallic
sulphide-oxide agglomerations. Mineralized quartz veins are observed to be up to
50 cm thick with veining traceable over 300 metres of strike length hosted
within quartz-porphyritic microgranite. The vein sets have an azmuth of 120
degrees which is the same lineament as the veining at the Burnt Hill Mine site,
located approximately 5 kms due west from this discovery location.


Samples obtained in the field did not have visual indication of either silver,
copper or in some instances tungsten, but examination with a handheld XRF
analysis tool evidenced values which prompted the selection of samples for
conventional assaying at a lab. The results of these samples are given below and
include 33.3 g/t Ag in one sample and 0.24% Cu in another sample. Tungsten and
Tin values are also present.


Based upon the success of the surface exploration and prospecting at Big Bad
Wolf four 50 metre long trenches intersecting the observed joints and veins at
90 degrees were dug using an excavator in order to expose these and any other
veins; however the onset of heavy snows prevented sampling of these trenches.
Prior to the cessation of work coarse wolframite was observed in bedrock during
preliminary trench investigation.


Cadillac intends to shortly recommence work in the area which will continue the
investigation of the polymetallic discovery at Big Bad Wolf with the clean out
and sampling of the existing trenches plus excavation of any additional trenches
required to prepare drill targets.




--------------------------------------------------------------------------
Sample              Ag g/t      Cu ppm      Zn ppm        Sn %         W %
--------------------------------------------------------------------------
590305                 1.4         169          15       0.011        2.92
--------------------------------------------------------------------------
590306       less than 0.3          61          24       0.009        1.89
--------------------------------------------------------------------------
590307                 6.3        2490         109        0.06       0.077
--------------------------------------------------------------------------
590311                 2.6         156          23       0.456       0.026
--------------------------------------------------------------------------
590312                33.3         126         133       0.012       0.306
--------------------------------------------------------------------------
590317                 4.2         525        1650       0.022       0.001
--------------------------------------------------------------------------
590318                 2.1         256         403       0.166        6.99
--------------------------------------------------------------------------



"Q60 Hill" Discovery

One kilometer north of the Big Bad Wolf discovery is Q60 Hill, which was
previously prospected but unnamed until now. This location was historically
recorded as hosting cassiterite and wolframite in float near the hilltop. In
this campaign the hill was visited with samples obtained from both float and
bedrock, with one sample in particular returning high silver values. This sample
was obtained from blowdown, within the roots of a toppled tree, at the summit of
Q60 hill. It is not definitive that the source for the blowdown sample is local
(gold and silver bearing fragments of drift have been found historically in a
wide area and have been difficult to trace) however the existence of silver at
Big Bad Wolf and in the bedrock sample from Q60 make it appear likely that the
source of the blowdown sample is local. During the upcoming program the Q60 Hill
area will be systematically prospected and trenched.




------------------------------------------------------------
Sample    Sample Description              W %         Ag ppm
------------------------------------------------------------
590285    Quartz granite                0.003            2.4
------------------------------------------------------------
590286    Blowdown                      0.339           52.8
------------------------------------------------------------
590297    Float                         0.279            3.5
------------------------------------------------------------



The Burnt Hill property consists of 11,000 hectares and although historical
prospecting activity was carried out during the 1970s work largely focused on
the Burnt Hill mine site. During the 2012 season Cadillac investigated several
independent sites along the Burnt Hill intrusive with the surrounding county
work and immediately within the intrusive host.


All of the sites examined showed occurrences of tin and or tungsten
mineralization and warrant further investigation.


Presently Cadillac is updating the resource model for the Burnt Hill deposit
with results from 16 recent drill holes not previously included in the existing
43-101 resource.


Field samples reported on above were selected by hand in the field based upon
the known or suspected (through use of the XRF) presence of mineralization, and
were bagged in the field. A unique tag was placed in each bag with the sample
material and the bags were individually sealed with cable ties. The sealed bags
were packed in rice bags and transported by program personnel to Activation
Laboratories (Actlabs) of Fredericton, New Brunswick. Samples were tested by
Na2O2 fusion and ICP-MS for tin, tungsten and molybdenum, as well as the "1F2"
ICP package for a wide suite of other elements and "code-8" four-acid digestion
on any overlimit samples. The sampling program was carried out under the
supervision of Brian H. Newton, P.Geo.


Brian H. Newton, P.Geo, a qualified person pursuant to the guidelines laid out
in National Instrument 43-101 has reviewed and approved the technical disclosure
in this press release.


About Cadillac

Cadillac is a development-focused copper company currently advancing its 100%
owned Thierry Property, near Pickle Lake, Ontario. The Thierry Property consists
of the past producing Thierry Mine and hosts two NI 43-101 compliant resources:
Thierry Mine and K1-1.


In addition, Cadillac also holds a 51% interest (with a right to increase to a
65% interest) in the Burnt Hill Project, a historic tungsten/tin mine taken to
test production by Mr. Norman Brewster P.Geo for Canadian International Paper
during the early 1980s. Cadillac looks forward to resuming the development of
this project.





FOR FURTHER INFORMATION PLEASE CONTACT: 
Cadillac Ventures Inc.
Norman Brewster
President and Chief Executive Officer
416 203-7722
www.cadillacventures.com

Cadillac Ventures (TSXV:CDC)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Cadillac Ventures Charts.
Cadillac Ventures (TSXV:CDC)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Cadillac Ventures Charts.