Cadillac Obtains a 5.8% Copper and 24.8% Zinc Sample From Esperanza Project Dumps on the Esperanza P.I.
17 May 2010 - 10:45PM
Marketwired
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 Esperanza 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
Esperanza Mine was an underground operation that, in conjunction
with the historic Angostura Mine located 3km to the west (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
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DESCRIPTION ANALYTICAL RESULTS
----------------------------------------------------
SAMPLE Cu % Zn % Pb % S % Au gpt Ag gpt
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Float gossan. Esperanza E006871 0.010 0.005 1.820 1.64 0.53 9.6
Float gossan. Esperanza E006872 0.010 0.006 0.465 0.55 0.24 12.3
In situ gossan.
Esperanza E006873 0.004 0.001 0.066 0.12 0.94 7
Float gossan but near to
in situ gossan.
Esperanza E006874 0.013 0.016 0.174 0.38 0.7 74.3
Complex sulphide (Zn
rich) from dump. greater
Esperanza E006875 0.260 than 30 8.700 9.26 0.366 51.1
Polymetallic sulphide greater
(Zn-Cu rich) from dump. than
Esperanza E006876 5.810 24.800 2.060 10.0 1.03 98.5
Float gossan. Esperanza E006877 0.017 0.037 6.330 2.94 0.09 4
greater
Float gossan. Esperanza E006878 0.153 0.025 0.220 0.33 4.3 than 100
greater
Float gossan. Esperanza E006879 0.066 0.005 0.682 0.56 3.45 than 100
Float gossan. Esperanza E006880 0.075 0.026 0.192 0.22 6.17 76.4
In situ gossan.
Esperanza E006881 0.191 0.010 0.766 1.22 0.17 10.6
greater
Float gossan. Esperanza E006882 0.099 0.013 0.129 0.19 14.1 than 100
less
than
Float gossan. Esperanza E006883 0.020 0.005 0.016 0.2 0.05 0.7
Complex sulphide (Zn
rich) from dump greater
(Entibado shaft). than
Esperanza E006884 0.069 29.30016.350 10.0 2.03 75.2
Massive sulphide (Cu greater
rich) from the dump. than
Esperanza E006885 3.930 0.240 0.191 10.0 0.056 10.9
greater
Coarse grain pyrite than
(Azufron). Esperanza E006886 0.996 0.071 0.043 10.0 0.427 38.8
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NOTE: To view the "Sample Locations", please visit the following
link - http://media3.marketwire.com/docs/cdc0517.pdf
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.
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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