HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Cadillac News

Re: Cadillac News....thanks Newbers2

in response to by
posted on Mar 25, 2008 10:47AM

Cadillac management is sufficiently satisfied with the results, to proceed as folows:

 

"Cadillac will be issuing to Noront Resources Inc. 1,875,000 shares of Cadillac in order to earn a 51% per cent interest in the Burnt Hill project, pursuant to the joint venture agreement as amended and previously announced. Cadillac has the option to earn a further 14% interest in Burnt Hill through the payment to Noront of $500,000 in either cash or common shares, as determined by Cadillac.

Last trade on CDEX.....65 cents.....every little bit helps.

NORONT.....WHAT A COMPANY!

Holding with confidence, Canseco

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