Cadillac Ventures Inc. (CDC.V) provided an update regarding the Burnt Hill Property, located in central New Brunswick.
Norman Brewster, CEO, said: "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."
CDC is currently trading at $0.06, slightly above 52-week low $0.045.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
