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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 |
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.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts: Cadillac Ventures Inc. Norman Brewster President and Chief Executive Officer 416 203-7722 www.cadillacventures.com
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