Helicopter Servicing Project

Cadillac Mining Corporation is focused on the acquisition, exploration and development of precious and base metal mineral properties in Canada and the USA. Target selection concentrates on under-explored and/or undervalued projects offering the potential for exceptional returns for a modest initial investment. For example, many precious metal projects that had been dismissed in the 1990’s due to low grades, are now experiencing significant exploration at today’s metal prices. Further, recent advances in data management and deposit modeling often are applicable to re-evaluation and further exploration of many prospects.

The 200 km-long Cadillac-Larder Lake Deformation Zone has produced a spectacular array of gold and base metal deposits over many decades. Recent years have seen the delineation of one large new low grade gold deposit by Osisko Mining Corp. at the village of Malartic, while several other segments of this structure are currently the focus of extensive exploration.

The Break project is located within and west of the Noranda volcanic complex, primarily on a section of the Cadillac Break that had never been explored because it is obscured by a localized cover of Proterozoic (Cobalt) sediments. The Company holds a regional-scale land position, comprising 228 claims covering approximately 7755 hectares in Beauchastel, Dasserat, and Rouyn Townships, The principal focus of the Project is the roughly 20 kilometers of this unexplored section of the Break west of the mining center of Rouyn-Noranda.

The Break project has the potential for discovery of one or more gold deposits ranging in magnitude to the multi-million ounce level. In addition, VMS-style base metal mineralization remains a realistic objective because of proximity to the Noranda mining camp.

In early 2011 Cadillac Mining announced the acquisition of several patented mining properties and the staking of BLM claims, aggregating at approximately 3800 acres in the historical Goldstrike Mining District of southwestern Utah. Hardrock mining in the Goldstrike District dates to the early 20th century, when narrow ‘bonanza’ grade veins were mined from shallow shafts and adits. In the mid-1980’s, heap leaching of oxidized low-grade ores in the Great Basin had become established technology. Tenneco Minerals, encouraged by favourable drilling results, launched an extensive exploration initiative that led to a production decision in 1988. Published records indicate that 209,835 oz. gold and 197,654 oz. of silver were recovered from 6.9 million short tons of ore mined between 1988 and 1996 from twelve shallow pits extending over a roughly four mile-long trend.

Stored Core

By applying recent advances in the understanding of Great Basin deposit models to a camp that was last mined at a time of much lower and declining gold prices, we are confident that the potential for discovery of economic surface and deep-seated gold mineralization is high. This approach has been successfully applied at several of the open pits in Nevada where the geological environment is similar.