TORONTO, ONTARIO--(Marketwired - Nov. 5, 2013) - Cadillac Ventures Inc. (TSX VENTURE:CDC)(OTC:CADIF) ("Cadillac" or the "Company") is pleased to announce the discovery of a second mineral occurrence, Wolf Ridge, at the Burnt Hill Project, located between 3 and 6 kilometres to the west of the existing Burnt Hill Mine deposit, with similar size and mineralization to the Burnt Hill Mine deposit.
This occurrence encompasses several mineralized locales, the Big Bad Wolf, Q60 Hill, the Stake Me veins and McLean Brook area. These occurrences have been interpreted, through the use of airborne data, geological information and the results of further trenching, to all be related in one occurrence, the scope of the occurrence is comparable in scale and in grade to the Burnt Hill Mine deposit. Channel samples were cut in several locations that returned tungsten values ranging up to 0.68% and separately tin values ranging up to 2.69%.
This occurrence has been identified through ground exploration efforts and data interpretation. Cadillac considers this cost-effective exploration method to have yielded worthwhile results.
In addition to the newly discovered Wolf Ridge occurrence, Cadillac has focused prospecting attention on an area approximately 500m NW of the Burnt Hill mine, a wide peninsula area along the SW shore of the river. This area had been partially previously mapped and prospected by Cadillac, identifying several showings. These showings were used to guide current efforts, which yielded mineralized outcrops across the area which typically yield wolframite, cassiterite, galena and primary sulphides. The mineralized showings in this area are interpreted to represent an extension of the Burnt Hill deposit.
To view the map associated with this release, please visit the following link: http://media3.marketwire.com/docs/Map-909113.pdf.
Mr. Brian H. Newton P.Geo, a "qualified person" pursuant to the requirements of National Instrument 43-101 has approved the technical contents of this press release.
Cadillac is a development-focused copper company currently advancing its 100% owned Thierry Property, near Pickle Lake, Ontario. The Thierry Property consists of the past producing Thierry Mine and hosts two NI 43-101 compliant resources: Thierry Mine and K1-1.
In addition, Cadillac also holds a 51% interest in the Burnt Hill Project, a historic tungsten/tin mine taken to test production by Mr. Norman Brewster P.Geo for Canadian International Paper during the early 1980's. Cadillac looks forward to resuming the development of this project.
For more information regarding Cadillac, please visit the Company's 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.