|September 02, 2009|
Cadillac Commences Iberian Pyrite Belt Exploration Program
|Toronto, September 2, 2009 -- Cadillac Ventures Inc. (TSXV-CDC) ("Cadillac" or the "Company") is pleased to announce that it has commenced an exploration program on the Cadillac/MATSA joint venture properties in the Iberian Pyrite Belt in southern Spain (see press release July 7, 2009).|
The program consists of geophysical (Electromagnetic) surveys, surface sampling and geological mapping. This work will focus on identified targets consisting of mineral showings, old workings and existing gravity geophysical targets. The Spanish firm, Geognosia, will carry out the ground geophysical program under the guidance of Jose Malavè, Eurogeologist Geo., Cadillac's consulting geologist in Spain.
Following this program, the Company anticipates that a surface diamond drilling campaign will initiated in late September to test any new drill targets in addition to those already identified.
View the Iberian Pyrite Belt Exploration Program photo gallery.
Cadillac is a development focused exploration Company which has two Canadian exploration projects, located in regions that have been historically active, and an exploration project in Spain.
The New Alger project located outside of Cadillac, Quebec is wholly-owned, previously producing gold mine, where the Company has commenced a long term drill program designed to identify the scope of mineralization present on the Company's property. The Burnt Hill Project is 51% owned tungsten tin project located outside of Fredericton, New Brunswick. In Spain, the Company is joint venture partner with Minas de Aguas Tenidas, S.A.U. regarding the exploration of a number of high potential properties surrounding the Aguas Tenidas Mine.
For more information regarding Cadillac, please visit our website at www.cadillacventures.com, or call Norman Brewster, President and Chief Executive Officer, at 416 203-7722.
Mike Newbury, P.Eng is the Qualified Person who has reviewed the technical information in this news release on behalf of the Company.
Forward Looking Statements
This news release may contain certain forward-looking statements under applicable securities laws. All statements, other than statements of historical fact, are forward looking. Forward-looking statements are frequently identified by such words as "may", "will", "plan", "expect", "believe", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the risks of obtaining necessary licences and permits and the availability of financing, as described in more detail in the Company's securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and the reader is cautioned against placing undue reliance thereon. Cadillac assumes no obligation to revise or update these forward-looking statements except as required by law. All dollar amounts are in Canadian dollars unless otherwise noted.
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.