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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 drill program at Burnt Hill

11th Aug 2011, 8:47 pm by Deborah Sterescu

Cadillac Ventures (CVE:CDC) said Thursday that it has started a drill program its 51% owned Burnt Hill tin, tungsten and molybdenum project near Fredericton, New Brunswick.

Phase one of the planned three phase program is now underway, with the first phase to include around 1,200 metres of diamond drilling with 7 holes. The holes will be designed to test the down dip extensions of the known mineralized vein systems in and around the Burnt Hill mine site, the company said.

Should the holes intersect the multiple parallel vein systems as expected, they will provide more data for an upcoming resource update. The first phase is due to complete within the next four to six weeks, Cadillac said.

The Burnt Hill project is one claim block covering more than 10,000 hectares, in a joint venture with Noront Resources. The property encompasses several separate holdings, including either historic showings, or more advanced parts.

A second phase program, due to begin in the fall, will follow up on a prospecting program from last year, which discovered mineralization in several different zones. Stripping is planned to expose previously unsampled areas, providing access for a new sampling program, which could be followed by a further diamond drill program, the company said.

A third phase of drilling at Burnt Hill mine site area will be planned to test the eastern and western extensions to the mineralization beyond the current model, in a bid to expand resources.

Cadillac also owns the Thierry Mine project in northwestern Ontario.

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