Cadillac Options Pickle Gold Claims to Newcastle

Cadillac Ventures Inc. (TSX VENTURE:CDC) ("Cadillac") is pleased to announce
that the Pickle Gold claims held by Cadillac in Pickle Lake, Ontario have been
optioned to Newcastle Minerals Ltd. ("Newcastle") subject to regulatory
acceptance. 


Under the terms of the option agreement Newcastle can earn an initial 60%
interest in the 21 claims by the payment to Cadillac of $30,000 and 1,000,000
shares of Newcastle, and the completion of $250,000 in exploration work on the
claims within 12 months of the date of the agreement. To earn the remaining 40%
interest in the claims Newcastle must make payment to Cadillac of an additional
$85,000 and an additional 1,000,000 shares within 24 months of the date of the
agreement, incur exploration expenses on the claims of an additional $300,000
within 30 months, and issue to Cadillac an NSR of 2%. Newcastle can purchase
from Cadillac 1% of the NSR for $1,000,000 at any time prior to the date that is
three years after the commencement of commercial production on the claims.


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.


The Thierry Property encompasses the past producing Thierry Mine which ceased
production in 1982 leaving mineralization in situ. 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. 


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


Forward Looking Statements

This news release may contain certain forward-looking statements under
applicable securities laws. All statements, other than statements of historical
fact, are forward looking. Forward-looking statements are frequently identified
by such words as 'may', 'will', 'plan', 'expect', 'believe', 'anticipate',
'estimate', 'intend' and similar words referring to future events and results.
Forward-looking statements are based on the current opinions and expectations of
management. All forward-looking information is inherently uncertain and subject
to a variety of assumptions, risks and uncertainties, including the speculative
nature of mineral exploration and development, fluctuating commodity prices, the
risks of obtaining necessary licences and permits and the availability of
financing, as described in more detail in the Company's securities filings
available at www.sedar.com. Actual events or results may differ materially from
those projected in the forward-looking statements and the reader is cautioned
against placing undue reliance thereon. Cadillac assumes no obligation to revise
or update these forward-looking statements except as required by law. All dollar
amounts are in Canadian dollars unless otherwise noted.