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Cadillac Mining Prepares for an Exploration Program at Wasa Property
Feb. 24, 2011 (Filing Services Canada) -- Cadillac Mining Corporation  (CQX - TSX Ven...
About this update from Copper Quest Exploration Inc.
[{"type":"text","content":"\nCadillac Mining Prepares for an Exploration Program at Wasa Property\n\n Feb. 24, 2011 (Filing Services Canada) -- Cadillac Mining Corporation  (CQX - TSX Venture), announces that it is preparing an exploration program comprising geophysics and diamond drilling at its 100% owned \"Wasa\" property, 15 kilometers west of Rouyn-Noranda in northwestern Quebec. The Company is strongly encouraged by Richmont Mines Inc. announcement on February 17, 2011, of a greatly expanded NI-43-101 resource of approximately 1.4 million ounces of gold on its Wasamac property as well as plans for 35,000 meters of additional drilling.  Cadillac continues to review the details released by Richmont, but it is clear that the host Wasamac shear zone dips northerly at 50-55 degrees toward Cadillac's seven-claim Wasa property.  In addition to testing gold targets, Cadillac will also be exploring the Wasa prospect for its VMS potential.  The Company expects to announce details of its exploration program in the near future.   Meanwhile, Cadillac has completed the acquisition of the final group of seven patented claims covering the Goldstrike Project in southwestern Utah on terms comparable with the other 33 patents that were leased as announced January 17, 2011.  A considerable volume of historical data and maps have been recovered and digitized to augment similar work performed in 1997.  Previous managerial personnel from the Goldstrike Mine, which operated as a heap-leach gold-silver producer between 1988 and 1996, have assisted in these efforts.  Management believes that the wealth of information, generated at a time of much lower gold prices, will lead to exciting drill targets.Cadillac is also pleased to announce that it has contracted Bernie Kennedy Consulting Inc. (\"BKC\") of Cranbrook, B.C., for investor relations services.  BKC provides corporate communications services to public companies in North America and specializes in the development and management of customized marketing programs.  Mr. Kennedy brings over 14 years of successful marketing and corporate communications experience to Cadillac.  BKC will assist Cadillac in fostering productive and continuing dialogues with private investors, analysts, brokers and other financial profess...