Cadillac Ventures Inc. Positioned to leverage historical Canadian - - PowerPoint PPT Presentation
Cadillac Ventures Inc. Positioned to leverage historical Canadian - - PowerPoint PPT Presentation
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
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
1.
The New Alger Property
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
2.
The Burnt Hill Project
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
- perations 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
- f 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
- f 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 2nd 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 3rd quarter, undertake a
flow through financing
As discussed, the Company will commence