Cadillac Ventures Inc. (TSX VENTURE:CDC) ("Cadillac" or the "Company") is
pleased to announce that it has entered into heads of agreement with Latin
American Minerals Inc. (TSX VENTURE:LAT) ("Latin American"); whereby, Cadillac
has the right to earn a 50% interest in the Tendal VMS Project of Latin
American.


The Tendal VMS Project (the "Project") is located in the La Rioja Province of NW
Argentina and covers 36,434 hectares at an elevation of 3,000m in an accessible,
current and historical mining district. The Tendal project encompasses several
distinct targets, each of which have undergone varying amounts of exploration as
carried out by Latin American, the most senior of these being the Verdiona
Target, the Las Catitas Target and the Yegua Pircada Target.


Within the Tendal Project the Verdiona Target is defined by a distinct surface
showing of copper, zinc and lead visible in a surface mineralization length of 2
kilometres and a width of 80 metres (Latin American Press release Feb. 18,
2008), within which several stacked lenses of mineralization occur. Surface
diamond saw channel sampling of the Verdiona Target by Latin American has
returned values of




Channel Sample   Interval (m)   Zn (%)   Cu (%)   Pb (%)   Ag (gpt)
C-3                      5.0     4.64     0.04     1.87      23.20
C-4                     12.0     6.43     1.04     1.16     111.76
including                6.0     8.67     0.70     2.24      16.00
c-5                     27.0     3.70     0.11     2.95      13.69
including                7.5     5.69     0.34     1.75      34.40
including               10.0     3.01     0.02     4.63      10.85

- the above results were extracted from a press release of Latin
  American's released on Feb. 18, 2008 under the supervision of their
  inhouse "qualified person" Dr. Perez.



The surface zone has not been comprehensively examined below ground. Limited
exploration has been carried out elsewhere on the full property. Cadillac
intends to conduct immediately a program of surface geological mapping and
sampling, as well as geochemical and geophysical surveys to lay the ground work
for a diamond drilling program to occur as soon as technically possible.


Under the terms of agreement Cadillac will make a series of escalating cash
payments totaling US$300,000, and by spending US$5.0 million on exploration,
both over three years as follows:




Cash Option Payments                       Exploration Expenditures

On signing          US$ 25,000
                                   On or before the 1st Anniversary
First Anniversary   US$ 50,000                      US$ 1.0 million
                                   On or before the 2nd Anniversary
Second Anniversary  US$ 75,000                      US$ 1.5 million
                                   On or before the 3rd Anniversary
Third Anniversary  US$ 150,000                      US$ 2.5 million
                   -----------                      ---------------

TOTAL              US$ 300,000     TOTAL            US$ 5.0 million



Cadillac is not obligated to make payments and may terminate at any time. On
completion of all payments the joint venture will be Latin American as to 50%
and Cadillac as to 50%. The joint venture is formed now, and during exploration
and expenditure of Cadillac funds, Cadillac shall be operator and make all
decisions regarding exploration.


After the 50%/50% level is completed, non participation will trigger a standard
dilution clause. Cadillac shall have a one-time right to earn an additional 10%
by taking the project to feasibility, which it must elect within 60 days of the
50%/50% level. If either party's participating interest falls below 15%, such
interest will automatically convert to a 3% NSR. The other party shall have a
one time right to purchase 1% of the 3% NSR for US$ 1,000,000 and a second 1% of
the 3% NSR for US$ 2,000,000. The diluted party shall retain a 1% NSR. At the
completion of feasibility and upon a production decision Cadillac will have the
one time option to purchase a further 10% interest in the project by paying to
LAT US$2.5 million.


The transaction is subject to board approval by both parties, a site visit by
Cadillac to be completed with 60 days, and TSX Venture Exchange and other
applicable regulatory approval.


About Cadillac

Cadillac is a development focused exploration Company which, in addition to the
MATSA Huelva Joint Venture has two Canadian exploration projects, located in
regions that have been historically active.


The New Alger project is a wholly owned, previously productive gold mine,
located outside of Cadillac, Quebec. The Company has commenced a long term drill
program designed to identify the scope of mineralization present on the
Company's property along the Cadillac break, and outline new mineralization
untouched by the historic, shallow, mining operations.


The Burnt Hill Project is 51% owned by the Company and located outside of
Fredericton, New Brunswick. This operation was previously productive with a
small scale pilot plant operating onsite recovering tungsten via photometric
sorting. In recent drill campaigns the Company has received assay results
demonstrating the previously disregarded presence of molybdenum and tin on the
property. The objective of the drilling programs is the delineation of a 43-101
compliant reserve and resource, focusing in some part on the areas of historic
production, in addition to the mineralization newly demonstrated at depth and
along strike. The Company has also added significantly to the land position of
this project, encompassing several other surface showing of tungsten, tin and
molybdenum.


Latin American Technical Information

Sampling and Analytical Protocols: All of the lithogeochemical samples were
collected by geologists taking into account the nature of the material being
sampled and with due respect to geologic contacts. The individual sample
intervals varied depending on the location but typically ranged from 0.5 to 5.0
metres. Each individual sample weighted between 2 to 5 kilograms and was
collected in a plastic bag, tagged with a pre-numbered ticket and tightly closed
with plastic tape. The samples were stored in a secured location at the base
camp and were transported by Company professional to Alex Stewart Assayers
Argentina S.A. ("ASAA") laboratories in Mendoza (Argentina). ASAA is an ISO
9001-certified laboratory with headquarters in England. The samples were
crushed, dried, split and grinded to #200 mesh. A total of 200 grams of sample
have been separated for analysis. All samples were assayed for gold,
multi-elements by ICP and Hg by cold vapor. Gold was done by Fire Assay and AAS
using a 50 gram sample. For the multi-elements the samples were dissolved in
Aqua Regia at 120�C and read in ICP-OES. The samples that were above the upper
detection limit for Cu, Pb and Zn (1%) for the technique were reanalyzed by
dissolving in Aqua Regia again using a larger volume of solution to raise the
upper detection limit to 30% for Cu, Pb and Zn. Silver above 200 ppm was re-run
by Fire Assay with gravimetric finish. Accuracy of results is tested through the
systematic inclusion of certified reference standards.


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.


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