Cadillac Obtains Receives Further Assay Results from Angostura Including 4.03% Copper Outcrop
May 25 2010 - 8:30AM
Marketwired Canada
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.
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