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CDC Cadillac Ventures Inc

0.05
0.00 (0.00%)
22 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Cadillac Ventures Inc TSXV:CDC TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.05 0.05 0.055 0 01:00:00

Cadillac Obtains a 19.7% Copper Sample from Angostura Project Dumps on the Esperanza P.I. and Receives Over Limit Result

18/05/2010 5:13pm

Marketwired Canada


Cadillac Ventures Inc. (TSX VENTURE:CDC) ("Cadillac" or the "Company") is
pleased to report the following additional assays from a regional orientation
sampling program ongoing over the 12 license areas which form Cadillac's Joint
Venture with MATSA in the Iberian Pyrite Belt of Southern Spain. 


Esperanza Project, Esperanza P.I.

The Company has received the over limit result for sample E006875 press released
on May 17th 2010. The result is 49.3% Zinc, this sample was previously press
released as greater than 30% Zinc. The sample material used was the remaining
split of the prepared sample, this portion was processed using Zn-VOL50 process
by ALS Chemex following the same methodology as the original sample detailed in
the May 17th press release. The Zn-VOL50 process is a volumetric over limit
determination for Zinc up to 100%.




----------------------------------------------------------------------------
DESCRIPTION                 SAMPLE   Cu %  Zn %   Pb %   S %  Au gpt  Ag gpt
----------------------------------------------------------------------------
Complex sulphide (Zn rich)                                                  
 from dump. Esperanza      E006875  0.260  49.3  8.700  9.26   0.366    51.1
----------------------------------------------------------------------------



Angostura Project, Esperanza P.I.

The Angostura Project is located on the Esperanza investigation permit and
encompasses a historic copper mine which was active from 1906-1931, operated by
Esperanza Copper and Sulphur Ltd. The former Angostura Mine was an open pit and
underground operation that, in conjunction with the historic Esperanza Mine
located 3km to the east (and within the Esperanza P.I.), produced a total
between the two deposits of 1.84 MT at 1.55% Cu between 1906 and 1931 as
reported in Spanish language technical publications on the Pyrite Belt.


Sample Results



----------------------------------------------------------------------------
DESCRIPTION                             ANALYTICAL RESULTS                  
                      ------------------------------------------------------
                        SAMPLE    Cu %   Zn %   Pb %   S %  Au ppm    Ag ppm
----------------------------------------------------------------------------
Oxidized rocks from                                                         
 the dump. Angostura   E006887   0.366  0.006  0.018  0.44    0.11       0.6
Gossan from the dump.                                                       
 Angostura             E006888   0.167  0.014  0.005  0.46    0.44       0.3
Shales and tuffs with                                                       
 malachite. Angostura  E006889  19.050  0.034  0.701  2.07   0.327      89.7
In situ gossan.                                                             
 Angostura             E006890   0.144  0.004  0.005  0.15    0.29       0.2
In situ gossan.                                                             
 Angostura             E006891   0.163  0.017  0.006  0.11    0.25       0.4
Shales and tuffs with                                              less than
 malachite. Angostura  E006892  19.700  0.017  0.081  0.06   0.006       0.2
----------------------------------------------------------------------------



Sample Locations

To view the sample location map associated with this press release, please visit
the following link: http://media3.marketwire.com/docs/CDC0518.jpg


These samples were obtained onsite either by or under the direct supervision of
Mr. Jose Malave Mora, Euro Geol. The sample program is being executed under the
supervision of Mr. Brian H. Newton, P.Geo and President of Minroc Management
Limited. Both of Mr. Malave and Mr. Newton are "qualified persons" as defined by
National Instrument 43-101. The samples were personally delivered to the ALS
Chemex preparation facility in Seville under seal by Mr. Malave where they were
processed by ALS Chemex which includes the crushing of each sample and a
representative sample of that material being prepared. These were sent by air
express courier by ALS to their accredited laboratory facility in Vancouver,
Canada where the samples underwent the Au-AA23 (Au 30g FA-AA finish) for gold
and ME -OG 62 Ore Grade Elements -Four acid for other metals process. 


Mr. Brian H. Newton P.Geo, and a "qualified person" pursuant to NI 43-101 has
reviewed and approved the technical information in this press release on behalf
of the Company.


About Cadillac

Cadillac is a development-focused exploration Company which has the
past-producing Thierry Property near Pickle Lake in Northern Ontario, several
exploration projects in Spain in joint venture with MATSA and three Canadian
exploration projects, located in regions that have been historically active.


In addition to the Thierry mine project Cadillac wholly owns the New Alger
project, a previously productive gold mine, located outside of Cadillac, Quebec,
where the Company has entered into a joint venture agreement with Renforth
Resources Inc. for a three year $2.5 million exploration program. In Spain, the
Company is joint venture partner with Minas de Aguas Tenidas, S.A.U. regarding
the exploration of 12 different investigation licenses surrounding the Aguas
Tenidas Mine in the Iberian Pyrite Belt of southern Spain. The Burnt Hill
Project is a 51% owned tungsten tin project located outside of Fredericton, New
Brunswick. The Company also holds the Pickle Gold project comprised of 21 claims
in the vicinity of 3 historically proactive gold mines near Pickle Lake, and the
Kirkland Gold project, located about 15 kilometres west of the town of Kirkland
Lake.


For more information regarding Cadillac, please visit our website at
www.cadillacventures.com.


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