Cadillac Ventures Inc. announced the discovery of polymetallic veining consisting of silver and copper at the Burnt Hill Property, located in central New Brunswick. In the Fall 2012, the surface prospecting and exploration portion of the program led to the discovery of polymetallic mineralization at the new "Big Bad Wolf" showing and the newly named "Q60 Hill" showing, which to Cadillac's knowledge is the first discovery of polymetallic mineralization at Burnt Hill. The discovery of a polymetallic phase of mineralization at Burnt Hill suggests a more complex mineralization, with parallels to the mineral systems found in Cornwall, which exhibit similar setting and age relationships. Recent road construction on the property uncovered intact and broken bedrock, inspection of this fresh rock led to the Big Bad Wolf discovery adjacent to the road, where quartz bedrock fragments were observed over a 20 metre section to contain wolframite, magnetite and magnetite-dominated polymetallic sulphide-oxide agglomerations. Mineralized quartz veins are observed to be up to 50 cm thick with veining traceable over 300 metres of strike length hosted within quartz-porphyritic microgranite. The vein sets have an azmuth of 120° which is the same lineament as the veining at the Burnt Hill Mine site, located approximately 5 kms due west from this discovery location. Samples obtained in the field did not have visual indication of either silver, copper or in some instances tungsten, but examination with a handheld XRF analysis tool evidenced values which prompted the selection of samples for conventional assaying at a lab. The results of these samples are given below and include 33.3 g/t Ag in one sample and 0.24 % Cu in another sample. Tungsten and Tin values are also present.

Cadillac Ventures Inc. released the following result highlights from the Burnt Hill Mine Project drilling program. The recently completed 5 drillhole campaign was successful in intersecting mineralization in each hole, expanding the area of the Burnt Hill Mine site. Findings from this drill program include confirming the continuity of the mineralization in veins systems within the sediment and the granite host rocks. This is important as it signifies the mineralization is not constrained by fractures within the granite. In addition notable silver assays were received. Prior drill programs at Burnt Hill have concentrated the assaying on tungsten, tin and moly. Silver has not been tested since its first drill campaign at Burnt Hill in 2007. Based upon results received, a review of the 2007 drilling and the silver results received then has begun. An initial review has identified notable results there as well. The drill campaign consisted of 1450m drilled over 5 holes with 1167 samples selected, including 934 core samples and 233 quality control samples. Three of the drillholes were selected from those planned to confirm and/or extend the mineralization identified in the Technical Report and Resource Estimate on the Burnt Hill Deposit, York County, New Brunswick, Canada, dated September 9, 2009; the other two holes drilled were designed to investigate the new discovery of tin mineralization around the summit and southern flank of Burnt Hill. BH-12-01 was collared N/NE of the Burnt Hill Mine area and encountered veining within 20m of the collar, this hole is also notable as it intersected tungsten and moly within the sediments, and intercepted the Burnt Hill Mine #1 Vein with granites in the same hole. In addition zinc was found in the granites and silver was encountered within quartz veining and quartz alteration. BH-12-02 was collared slightly to the east of BH-12-01, again encountering mineralized quartz veining just within the bedrock, and also intersecting the Main #1 Vein further down the hole and the #2 Vein below it. This hole, collared to the NW of the mine area, also intersected the Main #1 Vein, in this instance around the start of the sediment/granitoid contact, after crossing through two clusters of mineralized veins in the sediments. The Main Vein zone, approximately 200-230m down the hole also contained notable copper and zinc mineralization, with one sample between 212-212.7 m encompassing sphalerite clots assaying 2.53% zinc. This hole, collared furthest to the east to date as seen in the illustration above, extends the drill tested mineralization at Burnt Hill by approximately 1000 feet. This hole was selected in follow up to successful surface exploration which found visible cassiterite at the summit of Burnt Hill on a southern flank. This hole intersected the anticipated jointed sediment for its entire length, returning tin assays from surface down to approximately 80m on joint planes, below 150m the same joint planes return copper values with pyrrhotite-chalcopyrite flakes on the joints. This hole was targeted to follow up on tin mineralization visible at surface and detected by XRF, on the summit of Burnt Hill several hundred metres vertically above the edge of the granites. Significantly this hole encountered the consistent presence of small amounts of sphalerite, galena and chalcopyrite mixed with pyrite on joint planes throughout most of the hole carrying zinc, in addition notable silver values were also encountered. Assay results detailed above represent notable values of specific elements above a cut-off grade of 0.1% W, 0.02% M and 0.03% Sn, lack of a result in a field does not mean no assay value was received, it simply isn't highlighted. Samples were selected in the field from drillcore, the drillcore was sawn in half, with one half bagged, tagged and security sealed in the field under the supervision of a qualified person. The sealed samples were delivered by hand to Activation Laboratories in Fredericton, an ISO Accredited facility, where they were prepped and assayed. Brian H. Newton of Billiken Management Services Inc. supervised the exploration program and the assaying, and reviewed and approved the technical disclosure in this press release.

Cadillac Ventures Inc. updated regarding the Burnt Hill Property, located in central New Brunswick. In 2011 Cadillac mounted two small drill programs at Burnt Hill designed to test the lateral extent of mineralized zones identified in drill holes from 1976, 1979 and 2007, and to fill in data gaps within the resource calculated for Burnt Hill in 2009 based upon the 1976, 1979 and 2007 drilling. Cadillac is releasing these results in a consolidated press release in order to provide information regarding the status of Burnt Hill. The fall/winter 2012 exploration prospecting and drilling campaigns were successful and will be press released following this orientation release. Cadillac considers this to be a preliminary resource, calculated using the historic drilling, limited drilling in 2007, and a resampling for verification purposes of the historic core. Subsequent to this 2009 resource calculation, Cadillac was focused on the acquisition of and exploration of the Company's Thierry Project. Upon the calculation of this resource a future exploration plan was also developed, aimed at further defining the deposit and moving the categorization of the resource from inferred to indicated by drilling in areas of the deposit where the company's consultants and authors of the above referenced technical report, P&E Mining Consultants Inc. In 2011 and again in 2012, Cadillac drilled a number of these holes, In 2012 exploration drilling was also added. In 2011 a total of 2330.08m were drilled over a total of 10 drill holes, 1836 samples were taken which included 114 standards, 114 blanks, 114 double splits and 58 coarse rejects. Each of the completed holes successfully intersected mineralization above the cut-off grades used in the resource calculation, with the exception of hole BH-11-07 which intersected an unknown shaft at 11m and was abandoned. Samples selected were assayed for tungsten, tin and molybdenum. Assay results detailed above represent notable values of specific elements above a cut-off grade of 0.1% W, 0.02% M and 0.03% Sn, lack of a result in a field does not mean no assay value was received, it simply isn't highlighted. Samples were selected in the field from drillcore, the drillcore was sawn in half, with one half bagged, tagged and security sealed in the field under the supervision of a qualified person. The sealed samples were delivered by hand to Activation Laboratories in Fredericton, an ISO Accredited facility, where they were prepped and assayed.