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Cadillac Mining Reports 21.75 g/t Gold over 4.1 Meters over 1.3 Meter from Break Project Drilling in Quebec
Cadillac Mining Reports 21.75 g/t Gold over 4.1 Meters over 1.3 Meter from Break Project Drill...
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[{"type":"text","content":"\nCadillac Mining Reports 21.75 g/t Gold over 4.1 Meters over 1.3 Meter from Break Project Drilling in Quebec\n\nCadillac Mining Reports 21.75 g/t Gold over 4.1 Meters over 1.3 Meter from Break Project Drilling in Quebec\nVancouver, British Columbia CANADA, March 15, 2012 /FSC/ - Cadillac Mining Corporation (CQX - TSX Venture), announces that initial results have been received from Visible Gold Mines' Phase 2 \"Wasa Creek\" drilling program on the Company's Break project, west of Rouyn-Noranda, Quebec.\nOptionee Visible Gold Mines Inc. has reported that \"rush\" assays from DDH WC12-01 located approximately 3 kilometers southwest of Richmont Mines' Wasamac project and Cadillac's adjoining Wasa claims intersected two mineralized intervals carrying visible gold. Five samples from each of these intervals were submitted as \"rush\" assays and returned the results described below.\nDDH WC12-01, which was drilled to a depth of 684 meters in a southerly direction at approximately 55 degrees, intersected two zones of gold mineralization.  The first zone is an 11.85-meter interval consisting of massive alternating white and smoky quartz starting at 254 meters.  A high value of 4.54 g Au per tonne gold over 1.00 meter corresponds to observed free gold in quartz.  This intercept is bracketed by four samples returning only anomalous gold values, but together represent less than half the quartz vein.\nThe second zone, intersected at a core depth of 414.5 meters, displays cross-cutting quartz stingers in silicified basalt and localized bleaching over a core interval of 4.1 meters.  The entire interval returned a weighted average of 21.75 g Au per tonne, including 60.67 g Au per tonne over 1.3 meter.  True width has been estimated at better than 80% of core interval. \nAll remaining core from this drill hole has been split, sampled and submitted for assay.  Portions of the intervals discussed above will be re-assayed using the metallic screen methodology. \nDDH WC12-01 was collared approximately 700 meters east of DDH WC11-03 which intersected 1.3 g Au per tonne over 6.65 meters in 2011.  Drill hole WC12-02 collared 250 meters east of WC12-01 is in progress.  An interpretation of the data and significance of the mineralized intersections will be provided after comp...