Cadillac Ventures Inc.
CNQ : CDEX

Cadillac Ventures Inc.

September 20, 2007 16:02 ET

Cadillac Ventures Inc.-Burnt Hill Project Update

TORONTO, ONTARIO--(Marketwire - Sept. 20, 2007) - Cadillac Ventures Inc. (CNQ:CDEX) ("Cadillac") is pleased to provide the following update on the Burnt Hill Project, the historic tungsten project situated near Fredericton, New Brunswick. As announced on April 4th 2007 the Burnt Hill Project is a joint venture with Noront Resources Inc. (TSX VENTURE:NOT) ("Noront") whereby Cadillac can earn up to an initial 65% interest in the project through a combination of work and payments to Noront.

Burnt Hill Project Update

Cadillac and Noront have signed a License Agreement with a J.D. Irving, Limited company ("Irving") of Saint John New Brunswick. This agreement contains terms and conditions regarding land usage during the exploration phase of the Burnt Hill Project, and will be in force until June 30th 2008. At present this agreement encompasses the Burnt Hill, Todd Mountain, Tin Hill and Mclean Brook claim groups, as well as the additional 221 claims which Cadillac has staked. The new claims encompass multiple mineralization showings as identified by Neil Willoughby P.Geo, an independent geologist employed through Billiken Management Services Inc. ("Billiken") of Toronto, during detailed surface mapping of the joint-venture claims and an informal prospecting survey of the surrounding area.

States Jim Voisin, President of Cadillac, "We are excited to begin operations on our Burnt Hill Project in earnest, and intend to do so with the utmost respect for Irving's land, recognizing that our actions to further our business plan impact theirs. Together with Irving we have come to an agreement encompassing access, safety procedures and compensation to both parties as applicable with regard to timber considerations. We are encouraged by the support for our plans expressed during our meetings, and the cooperation extended to Cadillac by J.D. Irving Limited."

Drilling is expected to commence in September, a drill contract having been entered into with Cabo Drilling of Vancouver for the Burnt Hill Project. Cadillac is advised that the drills are currently undergoing routine maintenance in Montreal and should be delivered to Burnt Hill as soon as they are finished. There will be two drills delivered to the site, and under the supervision of Jim Burns, P.Eng, an independent qualified person, the program shall commence with the objective of twinning historic holes in order to bring the historical data to a 43-101 compliant level, in order to enable a current resource calculation. Mr. Gene Puritch of P&E Mining Consultants Inc. is designing this phase of the drill program, and is, in conjunction with Brian Newton, P.Geo and President of Billiken, and Jim Burns, P.Eng, also going to assist in planning the exploration drill program to follow, expected to be a minimum 6000 metre program in total. The Company will carry out this program in compliance with the Mining Act, the Clean Environment Act and other applicable legislation.

Project operations at present are ongoing, and consist of detailed surface mapping as well as the brushing out of existing line, and the cutting of new line on each of the 4 claim groups. The linecutting will facilitate access and the continuation of the detailed surface mapping, as well as facilitate an IP survey. Logistical preparations are underway with the construction of core logging and storage facilities and preparations to receive the drill.

As required under the joint venture agreement, and towards earning a 51% interest in the project, Cadillac will be making the 2,500,000 share payment to Noront shortly.

About Cadillac

Cadillac is publicly traded on the CNQ under the symbol CDEX. Currently, in addition to the joint venture on the Burnt Hill Project, Cadillac also holds the New Alger Project which encompasses the historic New Alger Mine, located in the highly prospective Cadillac Break Mining Camp. The New Alger Mine has been sporadically productive but has not been fully explored or exploited. The property is situated contiguous to the O'Brien Mine and approximately 300 m to the SE of the LaRonde Mine.

Forward Looking Statements

This press release includes certain "Forward-Looking Statements" within the meaning of the US Private Securities Reform Act of 1995. Other than statements of historical fact, all statements are "Forward-Looking Statements" that involve such various known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove accurate. Results and future events could differ materially from those anticipated in such statements. Readers of this press release are cautioned not to place undue reliance on these "Forward-Looking Statements". All dollar amounts are in Canadian dollars unless otherwise noted.

The CNQ does not accept responsibility for the adequacy or accuracy of this release.

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