Cadillac Ventures Inc. Positioned to leverage historical Canadian production
The Company Cadillac Ventures Inc. is Publicly traded on the cnq as “CDEX” Presently Cadillac has 23,101,489 shares issued and in excess of 200 shareholders
Board of Directors Members of the Board of Cadillac are; Jim Voisin, President William McCullough, Chairman Neil Novak, P.Geo Maurice Stekel, CA Michael S. Harrington
Management Mr. Jim Voisin, President Mr. Voisin has extensive business management in private company situations, and long term exposure to the mining industry Mr. Leo O’Shaughnessy CA, CFO Mr. O’Shaughnessy has over 35 years experience, much of it in the mining industry. Most recently Mr. O’Shaughnessy was CFO to Iberian Minerals Corp., a Canadian reporting issuer.
The Properties The Company is positioned in 2 areas The New Alger Property 1. This historically Productive Gold property is located is the productive “Cadillac Break” mining camp in quebec, in proximity to the LaRonde Mine and adjacent to the O’Brien Mine The Burnt Hill Project 2. Encompassing 4 claim areas, a pilot plant ran in pre-feasibility on the main claim of this historic New Brunswick Tungsten/molybdenum project
NEW ALGER MINE Cadillac Camp Quebec
Cadillac Camp Quebec
Mining Camp Geology
Overview – New Alger The New Alger Mine was historically productive, with a shaft sunk to 1124 feet. Mining operations only reached a depth of 600 ft., with veining encountered as deep as the 1000 ft. level. Productive mining operations ceased by 1939, the property fell idle in 1949. The property is located within the Cadillac Mining Camp, only several hundred meters from the currently operating LaRonde Mine. The production shaft at LaRonde is presently at 2,250 m. Based upon airborne IP survey work completed over the entire property by the Company there have been identified several attractive anomalies, which the Company will target with a summer 2007 drill campaign. The survey work identified several areas of interest outside of the area of historical workings and development. The Company will first pursue these “NEW” targets, before drill confirming the formerly productive areas.
Cadillac Camp Vertical Sections
The Plan – New Alger Summer 2007 drill Campaign to target several high priority new targets, and twin historic drillholes The Company has acquired a significant amount of historical mapping data and information, and has commenced compiling this information in a model, in conjunction with the current IP mapping, to provide a comprehensive overview of the entire land position, and aid in forumlating the exploration strategy. The Company is excited by the proximity to the LaRonde Mine, especially given the depth of production, and the O’Brien Mine next door.
BURNT HILL PROJECT Boiestown New Brunswick
Location Map
Historical Burnt Hill Photo Miner in front Of Tungsten bearing* quartz vein *as demonstrated in historic drill results and underground operations
Overview – Burnt Hill The Burnt Hill Project consists of 4 claim areas, Burnt Hill, Tin Hill, McLean Brook and Todd Mountain. This project is a joint venture with Noront Resources (press release April 4/07). The Burnt Hill Claim had reached the pre-feasibility stage, with a pilot plant in operation on the property, in the early 1980’s, at which point the price of tungsten plummeted. Tungsten is a strategic metal, the 2 nd hardest substance with the highest melting point, and is critical in numerous industrial and military applications.
Claim Location Map
Continued…. The mineralization at Burnt Hill is easily discernible wolframite in quartz veining, as seen in the following photo, amenable to photometric sorting onsite prior to milling, as demonstrated historically. Also present in this claim group, as demonstrated historically, is molybdenum and tin. The Company is confident that the historical results can be confirmed in a 43-101 compliant manner, especially as the Company has recently identified historical core lodged in the government library facility, which may also be available for compliant confirmation sampling.
Wolframite In Quartz Veining at Burnt Hill * * As per historical operations and historical photo shown
The Plan – Burnt Hill The Company intends to, in the short term, spend the balance of the flow-through funds held on deposit surveying (physical and IP) the 4 Claim areas. This is required as historical mining operations have drastically altered the surface at Burnt Hill. Once this is completed the Company will evaluate the information, and in conjunction with consulting expertise plan a program. The Program will encompass twinning some of the historical holes, for which most of the collars were located in a recent site visit, and exploration drilling. The Company has commenced cutting base lines in each claim group, and has retained geologists, one of whom will focus on the Burnt Hill claim, the other the 3 remaining project areas. Additionally the Company has identified and accessed a significant amount of historical information and mapping to aid in their current endeavours.
The Plan – Burnt Hill In late summer 2007 the Company intends to pursue a program, envisaged as an extensive drill campaign, on the property. The program will be designed to both confirm the historic data and test the known mineralization along strike at burnt hill. The company will also explore the other 3 claim areas. It is anticipated that this program will require flow- through financing to be completed Q2 2007.
Burnt Hill Historic Headframe
Corporate Development The Company has achieved listing on the CNQ, and has recently raised $615,000 for working capital purposes. This bring the total cash resources of the Company to in excess of $1,250,000 – including $630,000 in flow through funds to be spent in 2007. The Company intends to pursue TSX or TSXV listing – commencing ASAP The Company will, in the 3 rd quarter, undertake a flow through financing As discussed, the Company will commence exploration programs on both New Alger and Burnt Hill, with drills reserved for both, awaiting target selection.
Recommend
More recommend
