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Market: TSX-V
Sector: General Mining - Copper
EPIC: CDC
Latest Price: C$0.15  (0,00%)
52-week High: C$0.25
52-week Low: C$0.14
Market Cap: C$18.66M
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Cadillac Ventures
www.cadillacventures.com

Exploration activities in Cadillac's property portfolio range from the grass roots stage to resource development projects and are not limited by geographical boundaries. The company holds the right to earn up to 90% interest on 14 separate properties within the prolific Iberian Pyrite Belt of southern Spain and two advanced Canadian projects; the New Alger property which is a gold project in Quebec and Burnt Hill, a tungsten project in New Brunswick.

Full Cadillac Ventures profile here
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Cadillac Ventures begins 2,000m drill program on K1-1 deposit at Thierry Mine

3rd Jun 2011, 7:37 pm by Deborah Sterescu

Cadillac Ventures (CVE:CDC) said Thursday that it has started its planned 2,000 metre drill program on the K1-1 deposit of its Thierry Mine copper property in northwestern Ontario, to the east of the main Thierry Mine deposit.

The new drill program is designed to undercut known mineralization at the deposit, as well as drill for extensions along strike.

The K1-1 deposit is a separate occurrence from the Thierry Mine site, where Cadillac successfully drilled and expanded mineralization along strike to the east and the west, but is also on the same property.

The company said the first hole of the new program at K1-1 has been completed, with hole K-11-04 being  drilled to a depth of 660 feet.

Mineralization of varying degrees was encountered over two thirds of this hole, according to Cadillac, and three mineralized zones were found, which spanned intervals over 211.8 feet to 316 feet, 340 feet to 490 feet, and 504.75 feet to 574.20 feet.

Samples have been selected from these zones, and are currently being tested.

The Thierry mine, which is mainly a copper resource, but also includes nickel, silver, gold, platinum and palladium deposits, was last in operation under UMEX in the early 1980s, leaving significant underground development in place.

Since re-acquiring the project, Cadillac has been focused on adding to the resource in the immediate area of the mine by drilling a gap in the current deposit model, referred to as the tooth target area. Last week, the Toronto, Ontario-based company successfully finished drilling the final hole of the tooth program.

Currently, Thierry has a measured and indicated mineral resource of 6.2 million tonnes at a grade of 1.92% Cu, and an additional inferred resource of 8.4 million tonnes at a grade of 1.79% Cu.

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