Cadillac Mining Corp. obtains encouraging moly results from Tuzo Creek, BC drilling



    VANCOUVER, March 28 /CNW/ - Cadillac Mining Corporation (TSXV:CQX) is
pleased to announce the results of a four-hole 780-meter December 2007 diamond
drilling program on the Tuzo Creek molybdenum prospect located near the town
of Beaverdell in the West Kettle Valley, south-central British Columbia.
    Cadillac management is particularly encouraged by DDH TZ07-04 which
returned molybdenum mineralization over its total length of 173 meters, and
bottomed in mineralization. The hole averaged 0.038% Mo over 170 meters,
including 48 meters from 59 to 107 meters at 0.074% Mo. The 2008 follow-up
drilling program is currently in the planning stage.
    Molybdenum mineralization at Tuzo Creek was discovered in 1962 when minor
molybdenite was recognized in surface showings. Apart from 15 shallow
pack-sack drill holes, the property had been tested by only five diamond drill
holes prior to Cadillac's current initiative. All earlier drilling was
conducted by Amax Exploration who held the claims from 1964 to 1991.
    Detailed mapping of the prospect in the mid-1960's, part of a Masters
level thesis, identified a zoned alteration complex measuring more than
1600 meters along strike and about 500 meters in width. Surface mineralization
consists of disseminated, stringer and fracture-fill sulphides grading outward
to a hematite dominated halo. Alteration related to an early Tertiary (Eocene)
porphyry stock includes argillization, silicification, and potash
metasomatism.
    All Cadillac and Amax drilling, which extends over 700 meters in a
roughly east-west trend, shows elevated molybdenum mineralization. Potentially
economic grades were intersected primarily near the eastern margins of the
mineralized system in Cadillac's DDH TZ07-04 and in the adjacent DDH 81-5
drilled by Amax in 1981. Mineralization occupies a broad zone of brecciation
and related patterned fractures carrying fine molybdenite in gray quartz and
as fracture fillings. This style of mineralization is similar to that of the
better molybdenum prospects in British Columbia, and is nearly identical to
that reported at Hi Ho Silver Resources' Carmi deposits located some 16 km to
the north of Tuzo Creek.
    The lower third of drill hole TZ07-03 intersected 103 meters of strongly
mineralized breccia carrying significantly elevated zinc values (0.33% Zn) and
unusually strong pyrite as stringers and disseminations (average 6% over-all).
Zinc is often found peripherally to molybdenite deposits in British Columbia
and the exceptionally high pyrite levels suggest proximity to a center of
hydrothermal activity.
    The attitude, geologic constraints, and size of the zone cannot be
determined from available data, and mineralization is effectively open in all
directions. Cadillac plans limited IP surveys in the Spring to determine the
shape and extent of sulphide mineralization to assist in the targeting of
further drilling in 2008.
    The following table summarizes significant results of holes TZ07-01
through -04 and includes results obtained in the Amax hole drilled in 1981.

    
                         Selected Analytical Results

                                         Location data in UTM; Nad27 Zone 11
    -------------------------------------------------------------------------
               From (m)            To (m)      Interval (m)            Mo (%)
    -------------------------------------------------------------------------
    DDH TZ07-01
    -------------------------------------------------------------------------
    UTM E345287 N5470862; Inclination -90; TD 166.8m
    -------------------------------------------------------------------------
    Scattered elevated molybdenum values
    -------------------------------------------------------------------------
    DDH TZ07-02
    -------------------------------------------------------------------------
    UTM E345050; N5470840; Inclination -90; TD 151.5m
    -------------------------------------------------------------------------
                     7                10                 3             0.103
    -------------------------------------------------------------------------
                    19                24                 5             0.038
    -------------------------------------------------------------------------
                    39                46                 7             0.041
    -------------------------------------------------------------------------
                    95               104                 9             0.047
    -------------------------------------------------------------------------
                   117               127                10             0.060
    -------------------------------------------------------------------------
    DDH TZ07-03
    -------------------------------------------------------------------------
    UTM E344970; N5470670; Inclination -90; TD 306.1m
    -------------------------------------------------------------------------
                     3                 9                 6             0.067
    -------------------------------------------------------------------------
                   214               220                 6             0.090
    -------------------------------------------------------------------------
    Includes 103m averaging 0.33% Zinc with elevated Copper, Lead and Silver
    values
    -------------------------------------------------------------------------
    DDH TZ07-04
    -------------------------------------------------------------------------
    UTM E345420; N5470880; Direction 340; Inclination -50; TD 173m
    -------------------------------------------------------------------------
                     3               173               170             0.034
    -------------------------------------------------------------------------
      Includes       7                 9                 2             0.063
    -------------------------------------------------------------------------
      and           59               107                48             0.074
    -------------------------------------------------------------------------
      and           62                77                15             0.094
    -------------------------------------------------------------------------
      and          115               121                 6             0.079
    -------------------------------------------------------------------------
    DDH 81-05 (Amax 1981)
    -------------------------------------------------------------------------
    UTM E345420; N5470890; Inclination -90; TD 765m
    -------------------------------------------------------------------------
                  36.6              70.1              33.5             0.060
    -------------------------------------------------------------------------
      Includes    54.9              70.1              15.2             0.096
    -------------------------------------------------------------------------
      and         61.0              70.1               9.1             0.114
    -------------------------------------------------------------------------
      and         61.0              64.0               3.0             0.168
    -------------------------------------------------------------------------
                  76.2              82.3               6.1             0.036
    -------------------------------------------------------------------------
    

    Maps, sections and a more detailed description of the geological
environment will be posted on the company's website shortly.
    The Company can acquire a 100% interest in the 1746-hectare property by
paying the claim owner and the current optionee an aggregate of $90,000 and
1,100,000 Cadillac shares over a two-year period. The agreement is subject to
a 2% production royalty that can be purchased for $1,000,000. Cadillac has
made an initial $20,000 payment, and has issued 300,000 shares.
    Andre J. Audet, P.Eng, Vice-President Exploration, is the Qualified
Person who has reviewed and verified the technical information detailed in
this release.

    Cadillac Mining Corporation is a junior resource company focused on the
acquisition, exploration and development of precious and base metal mineral
properties across Canada. Current activities include properties near
Rouyn-Noranda, Quebec and a growing number of projects in British Columbia.

    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.

    %SEDAR: 00009048E




For further information:

For further information: First Canadian Capital Corp., 1-866-580-8891;
Victor Erickson, (604) 684-7300, Email: v.erickson@cadillacmining.com,
Website: www.cadillacmining.com

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