|February 22, 2013|
Cadillac Commences Review Of Kirkland Lake Gold Property
TORONTO, ONTARIO - (Marketwire - Feb. 22, 2013) - Cadillac Ventures Inc. (TSX VENTURE:CDC) ("Cadillac" or the "Company") is pleased to announce the commencement of an internal review of Cadillac's Kirkland Lake Gold Property. The property, which Cadillac acquired as part of its acquisition of Richview Resources Inc. in January 2010, is located west of the town of Kirkland Lake, Ontario, within four kilometres of the producing Macassa Mine.
A preliminary review of Ontario Assessment records and a technical report filed on SEDAR under Richview's profile, has led Cadillac to form the following initial conclusions:
"Cadillac is intrigued by the potential of this property. The compelling geological setting, the historic activity and location of the property all merit Cadillac's exploration attention. We look forward to developing this asset further," stated Norman Brewster P.Geo, President and CEO of Cadillac.
Information regarding the Kirkland Lake Gold Property contained in this press release has been derived from the above referenced Technical Report or the following publicly filed report: "Assessment Report on the Kirkland Lake Gold Property (South Area) Grenfel Township Larder Lake Mining District Ontario" by Aung Myint Thein M. Sc., P.Eng.
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.
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.
Cadillac Ventures Inc.
President and Chief Executive Officer