March 14, 2013 at 08:00 AM EDT
Cadillac Ventures Inc.: Update on Burnt Hill Property

TORONTO, ONTARIO--(Marketwire - March 14, 2013) - Cadillac Ventures Inc. (TSX VENTURE:CDC) ("Cadillac" or the "Company") is pleased to provide the following update regarding the Burnt Hill Property, located in central New Brunswick.

Burnt Hill Update

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 today 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 has recently focused our exploration resources on Burnt Hill, and we are pleased with our success to date. We also feel that a great deal of potential value lies in proving a significant tungsten, tin resource in Atlantic Canada, in a jurisdiction noted for being the world's most attractive jurisdiction for mineral exploration and development in 2012," stated Norman Brewster, President and CEO of Cadillac.

Burnt Hill Resource Estimate

Burnt Hill has a resource estimate in place on the property as follows:

/T/

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INDICATED INFERRED

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Cut-Off WO3 MoS2 SnO2 WO3 MoS2 SnO2

WO3 TONNES (%) (%) (%) TONNES (%) (%) (%)

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Open Pit 0.10% 245,000 0.530 0.012 0.012 38,000 0.413 0.008 0.008

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Underground 0.25% 216,000 0.440 0.011 0.007 552,000 0.543 0.009 0.013

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Total 461,000 0.489 0.012 0.010 590,000 0.535 0.009 0.013

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Note: The above resource estimate is reproduced from the "Technical Report

and Resource Estimate on the Burnt Hill Deposit, York County, New Brunswick,

Canada" dated September 9, 2009, a copy of which can be found under the

Company's profile on Sedar.

/T/

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.

Consequently, operations at Burnt Hill were limited but sufficient to keep the property in good standing.

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., recommended further drilling. In 2011 and again in 2012, Cadillac drilled a number of these holes, In 2012 exploration drilling was also added.

Burnt Hill 2011 Drill Campaign

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.

To view the "Burnt Hill Collar Location Plan", please visit the following link: http://media3.marketwire.com/docs/CDCFigure_859828.pdf.

/T/

Drill Hole Highlights

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From To Length

Hole # (m) (m) (m) W% Sn% Mo%

BH-11-01 40.83 41.35 0.52 2.81

BH-11-01 101.12 101.9 0.78 0.19

BH-11-01 146 147 1 0.31

BH-11-01 176 179.6 3.6 0.19

BH-11-01 235.87 236.67 0.8 0.16 0.97 0.14

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BH-11-02 15 16 1 0.15

BH-11-02 20 23 3 0.11

BH-11-02 33 34 1 0.15

BH-11-02 36 37 1 0.11

BH-11-02 42 43 1 0.14

BH-11-02 42 45 3 0.18

BH-11-02 71 71.84 0.84 0.32

BH-11-02 126 127 1 0.10

BH-11-02 148 150 2 0.35

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BH-11-03 61 62 1 0.13 0.13

BH-11-03 62 63 1 0.49

BH-11-03 85 86 1 0.16

BH-11-03 92 93 1 0.11

BH-11-03 105.9 107 1.1 0.44 1.87 0.17

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BH-11-04A 8 9 1 0.18

BH-11-04A 14 15 1 0.45

BH-11-04A 15 16 1 0.11 0.34

BH-11-04A 20 22 2 0.54

BH-11-04A 48 49 1 0.37

BH-11-04B 4 5 1 0.27

BH-11-04B 9 12 3 0.26

BH-11-04B 17 18 1 0.52

BH-11-04B 21 22 1 0.73

BH-11-04B 27 28 1 0.99 0.07

BH-11-04B 48 49 1 0.22

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BH-11-05 15 16 1 0.26

BH-11-05 30 31 1 0.13

BH-11-05 41 42 1 0.11

BH-11-05 50 53 3 0.25

BH-11-05 61 62 1 0.82

BH-11-05 70 71 1 0.23

BH-11-05 95 96 1 0.28

BH-11-05 102 104 2 0.39

BH-11-05 106 107 1 0.17

BH-11-05 116 117 1 0.14

BH-11-05 139 140 1 0.22 0.07

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BH-11-06 74.00 75.00 1 0.166 0.35

BH-11-06 98.00 99.00 1 0.37

BH-11-06 140.00 141.00 1 0.123

BH-11-06 184.00 185.00 1 1.63

BH-11-06 230.00 231.00 1 0.122

BH-11-06 235.00 236.00 1 0.103

BH-11-06 245.00 246.00 1 0.132

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BH-11-08 56.00 57.00 1 0.148

BH-11-08 65.00 66.00 1 0.899

BH-11-08 67.00 68.00 1 0.133

BH-11-08 69.00 70.00 1 0.764

BH-11-08 106.00 107.00 1 0.118

BH-11-08 132.00 133.56 1.56 0.103

BH-11-08 143.00 144.00 1 0.358

BH-11-08 147.00 148.00 1 0.144

BH-11-08 152.00 153.00 1 0.134

BH-11-08 168.00 169.00 1 0.207

BH-11-08 184.00 185.00 1 0.178

BH-11-08 193.00 194.00 1 0.267

BH-11-08 199.00 200.00 1 0.118

BH-11-08 216.00 217.00 1 0.137

BH-11-08 224.00 225.00 1 0.12

BH-11-08 233.00 234.00 1 0.13

BH-11-08 235.00 236.00 1 0.14

BH-11-08 279.00 280.00 1 0.1

BH-11-08 281.00 282.00 1 0.23

BH-11-08 284.00 285.00 1 0.14

BH-11-08 288.00 289.53 1.53 0.19

BH-11-08 289.53 291.00 1.47 0.10

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BH-11-09 47.00 48.00 1 0.369

BH-11-09 101.00 102.00 1 0.147 0.0535

BH-11-09 172.00 173.00 1 0.388

BH-11-09 178.00 179.28 1.28 0.0696

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BH-11-10 26.00 27.00 1 0.0479

BH-11-10 28.00 29.66 1.66 0.346

BH-11-10 43.00 44.00 1 0.183

BH-11-10 56.00 57.00 1 0.107

BH-11-10 195.00 196.00 1 0.15 0.0121

BH-11-10 216.00 218.00 2 0.516 0.0729

BH-11-10 251.00 252.00 1 0.28

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/T/

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.

About Cadillac

Cadillac is a development-focused copper company currently advancing its 100% owned Thierry Property, near Pickle Lake, Ontario. The Thierry Property consists of the past producing Thierry Mine and hosts two NI 43-101 compliant resources: Thierry Mine and K1-1.

In addition, Cadillac also holds a 51% interest (with a right to increase to a 65% interest) in the Burnt Hill Project, a historic tungsten/tin mine taken to test production by Mr. Norman Brewster P.Geo for Canadian International Paper during the early 1980's. Cadillac looks forward to resuming the development of this project.

For more information regarding Cadillac, please visit the Company's website at www.cadillacventures.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact:

Cadillac Ventures Inc.

Norman Brewster

President and Chief Executive Officer

416 203-7722

www.cadillacventures.com

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