Agreement On Project In
TORONTO, ON - Cadillac Ventures Inc. reported that it has entered into heads of agreement with Latin American Minerals Inc. whereby, Cadillac has the right to earn a 50% interest in the Tendal VMS Project of Latin American.
The Tendal VMS Project is located in the La Rioja Province of NW Argentina and covers 36,434 hectares at an elevation of 3,000m in an accessible, current and historical mining district. The Tendal project encompasses several distinct targets, each of which have undergone varying amounts of exploration as carried out by Latin American, the most senior of these being the Verdiona Target, the Las Catitas Target and the Yegua Pircada Target.
Within the Tendal Project the Verdiona Target is defined by a distinct surface showing of copper, zinc and lead visible in a surface mineralization length of 2 kilometres and a width of 80 metres within which several stacked lenses of mineralization occur.
The surface zone has not been comprehensively examined below ground. Limited exploration has been carried out elsewhere on the full property. Cadillac intends to conduct immediately a program of surface geological mapping and sampling, as well as geochemical and geophysical surveys to lay the ground work for a diamond drilling program to occur as soon as technically possible.
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