Cadillac Obtains a 19.7% Copper Sample from Angostura Project Dumps on the Esperanza P.I. and Receives Over Limit Result
19 May 2010 - 2:13AM
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 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%.
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DESCRIPTION SAMPLE Cu % Zn % Pb % S % Au gpt Ag gpt
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Complex sulphide (Zn rich)
from dump. Esperanza E006875 0.260 49.3 8.700 9.26 0.366 51.1
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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
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DESCRIPTION ANALYTICAL RESULTS
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SAMPLE Cu % Zn % Pb % S % Au ppm Ag ppm
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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
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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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