Cadillac Mining Corporation

December 19, 2006 07:00 ET

West Cadillac Project: Geophysical Follow-Up on VMS Potential

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Dec. 19, 2006) - Cadillac Mining Corporation (TSX VENTURE:CQX) announces that fieldwork for an InfiniTEM Bore Hole Electromagnetic Survey has been completed by Abitibi Geophysique Inc. of Val d'Or in DDH CM06-10, where stratiform massive sulphide mineralization was discovered earlier this year. (See August 22, 2006 release). This broad mineralized zone was discovered beneath about 700m of unconformable younger Proterozoic sediments that have long discouraged exploratory drilling in the area covered by the Company's West Cadillac Project.

In addition to surveying the bottom 600m of the 1300m hole, an 8.1 line-km pilot InfiniTEM surface survey was conducted across a buried ridge striking south-east from the drill hole. This feature is one of several 'cross-trend' paleo-topographic anomalies identified by advanced mathematical modeling of estimating depth to the Archean basement from aeromagnetic data. Preliminary results for this area suggest that a significant section of favourable basement strata will be well within range of the InfiniTEM surface survey.

A similar reinterpretation of the Company's airborne magnetic survey covering the full 24 kilometers of its holdings on the Cadillac Break is now in progress. This will help to develop a better understanding of favourable structural and lithological features hidden by the Proterozoic sediments along this segment of the historic 250 km-long structure.

Receipt of formal reports on the InfiniTEM surveys and re-analysis of the magnetics are expected early in 2007.

The West Cadillac project is under the direct supervision of Andre J. Audet, P.Eng., Vice-President, Exploration, a Qualified Person under NI 43-101.

Statements contained in this release that are not historical facts may be "forward-looking statements". Such statements are subject to risks and uncertainties and other factors which may cause actual developments or results or level of activity or performance to vary materially from those projected by Management.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release, which has been prepared by Management.

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