Cadillac Obtains Receives Further Assay Results from Angostura Including 4.03% Copper Outcrop
25 May 2010 - 10:30PM
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.
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
----------------------------------------------------------------------------
ANALYTICAL RESULTS
DESCRIPTION ----------------------------------------------
SAMPLE Cu % Zn % Pb % Au gpt Ag gpt
----------------------------------------------------------------------------
Massive sulphide (Cu rich)
float from the dump E006897 8.22 0.067 0.022 0.368 2
less
than
Float gossan E006898 0.119 0.001 0.010 0.149 0.2
less
than
Gossan outcrop E006899 0.014 0.000 0.006 0.02 0.2
Gossan outcrop E006900 0.104 0.009 0.005 0.063 0.7
less
than
Float gossan E006929 0.016 0.169 0.000 0.01 0.2
less
than
Gossan outcrop E006930 0.220 0.016 0.000 0.066 0.2
less
than
Gossan outcrop E006931 0.242 0.053 0.000 0.04 0.2
Outcrop oxidized rocks with
gossan bands E006932 0.167 0.009 0.173 1.34 24.2
less
Outcrop gossaneous rocks with than
malachite E006933 0.323 0.000 0.008 0.141 0.2
less
Outcrop oxidized tuffs and than
tuffites from mineral horizon E006934 0.018 0.001 0.001 0.021 0.2
less
Outcrop oxidized tuffs and than
tuffites from mineral horizon E006935 0.032 0.001 0.000 0.034 0.2
less
Outcrop oxidized tuffs and than
tuffites from mineral horizon E006936 0.033 0.001 0.001 0.033 0.2
less
Outcrop gossaneous rocks and than
gossan E006937 0.020 0.000 0.001 0.061 0.2
Semimassive sulphide float
from Santo Tomas dump E006938 0.463 3.310 0.114 1.485 21.9
Quartz outcrop with iron
oxided and malachite E006939 4.03 0.055 0.002 0.007 0.4
----------------------------------------------------------------------------
Note: Samples taken above are grab samples and selective in nature which are
unlikely to represent average grades on the property.
Sample Locations
To view the map associated with this release, please visit the
following link: http://media3.marketwire.com/docs/cdc525.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 productive 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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