cadillac mining corp
(CQX:Canadian Ventures Exchange)
cadillac mining corp (CQX) Snapshot
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Open
C$0.03
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Previous Close
C$0.03
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Day High
C$0.03
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Day Low
C$0.03
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52 Week High
06/5/12 - C$0.30
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52 Week Low
05/16/13 - C$0.03
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Market Cap
962.7K
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Average Volume 10 Days
44.3K
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EPS TTM
C$-0.02
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Shares Outstanding
32.1M
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EX-Date
--
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P/E TM
--
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Dividend
--
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Dividend Yield
--
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Cadillac Mining Corporation engages in the acquisition, exploration, and development of precious and base metal mineral properties in Canada and the United States. The company’s primarily project includes the Goldstrike gold project covering approximately 4800 acres in the Great Basin in southwestern Utah State. It also holds a 100% interest in the Cadillac Break project comprising 228 claims covering approximately 7,755 hectares located on the Noranda Basin west of Rouyn-Noranda in Quebec. The company is headquartered in Vancouver, Canada.
cadillac mining corp (CQX) Top Compensated Officers
cadillac mining corp (CQX) Key Developments
Cadillac Mining Corporation announced that its most recent drilling program and ongoing research have resulted in significant advances in the understanding of the mineralizing environments at its 4800-acre Goldstrike project. The property is now recognized to straddle the eastern branch of a continental-scale fault system that is known to host numerous deposits over a length of thousands of kilometers. Folding, thrusting and high-angle faulting seen in older basement strata at Goldstrike all conform with deformation of the Sevier Orogeny, but since these structures are not seen in younger overlying strata hosting disseminated low-grade ores, their significance was disregarded by earlier operators. Compilation of historical data, and results of Cadillac's 2011-12 drill programs, reveal that gold mineralization is broadly based, and not confined to any specific age of host strata. The best understood mineralization is contained in Tertiary (Claron) sandstone, but prospective zones also show affinities to trends in underlying rocks that have not been explored. Drilling at the eastern limit of the Hassayampa Pit includes RCH #88-11, which intercepted a reported weighted average grade of 54.4 g Au/tonne over 15.2 meters (1.56 oz/ton over 50.0'), including 3.0 meters (10.0') at 256.6 g/t (7.55 oz/ton) in folded Paleozoic Chainman shale. This high grade mineralization was diluted with overlying lower grade run-of-mine ores but some of the resource was never extracted. The exceptional intersection was not explored to depth, and the target remains untested.
Cadillac Mining Corporation, Annual General Meeting, Feb 27, 2013., at 11:00 Pacific Standard Time. Location: Wilcox & Company. Agenda: To receive and consider the audited financial statements of the corporation for the financial year ended August 31, 2012, the report of the auditors thereon, and management's discussion and analysis for the financial year ended August 31, 2012; to elect directors of the corporation for the ensuing year; to re-appoint the auditors of the corporation for the ensuing year and to authorize the board of directors to fix the auditor's remuneration; to re-approve the 10% rolling stock option plan of the corporation, as required by the policies of the TSX Venture Exchange; and to transact such other business as may properly come before the Meeting or at any adjournment thereof.
Cadillac Mining Corporation filed its Annual on Dec 12, 2012 for the period ending Aug 31, 2012. In this report its auditor, De Visser Gray, gave an unqualified opinion expressing doubt that the company can continue as a going concern.
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Industry Analysis
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| Valuation | CQX | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | -- | Not Meaningful |
| Price/Book | 2.0x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
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To contact CADILLAC MINING CORP, please visit www.cadillacmining.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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