VANCOUVER, July 19 /CNW/ - Cadillac Mining Corporation (TSXV:CQX) announces the commencement of diamond drilling on two separate targets on its Break Project in Beauchastel Township, near Rouyn-Noranda, Quebec. The Company acquired the properties by staking in 2002.
The first program involves the deepening of DDH06-12 situated on the Wasa claims approximately 15 kilometers west of Rouyn-Noranda. Drilled southerly at 50 degrees inclination to 383 meters in August 2006, DDH06-12 was terminated in an 80-meter zone of elevated sulphides, including minor chalcopyrite, in favourable geology. Assays returned elevated copper and zinc values over approximately 50 meters at the bottom of the hole.
The northeasterly-striking, north-dipping Horne Creek fault is projected south of the current EOH for DDH06-12; hence it will be deepened to at least 600 meters. As casing was left in the hole in 2006, re-entry is expected to be straightforward.
Also of note, Richmont Mines Inc. announced earlier a May 2010 commencement of a 10,000-meter drill program on its Wasamac Mine property, which lies immediately south of Cadillac's claims. The Wasamac shear zone and related mineralization dips north toward Cadillac's Wasa property.
Cadillac's second program will target the projected trace of the Cadillac Break in the eastern portion of the Company's Kekeko claims, near Lac Beauchastel. The area exhibits two conductors identified by the Company's airborne EM survey conducted in 2004. Strategically located for distribution of assessment credits, DDH10-21 is collared west of a series of short holes drilled in the 1930's and '40's. A drill hole assay of 43.5 g/t silver over 0.5 meter is shown on the Ministry compilation map for the area.
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 in Canada and the western USA. Current holdings include properties in Quebec, and 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.
Neither the 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.
SOURCE Cadillac Mining Corporation
For further information: For further information: Victor Erickson, 604-684-7300, Email: firstname.lastname@example.org, Website: www.cadillacmining.com