2012-07-18

CADILLAC MINING INTERSECTS 2.05 GRAMS GOLD PER TONNE OVER 30.8 METERS AND EXTENDS LENGTH OF HAMBURG ZONE TO 200 METERS

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 Vancouver, BC, July 18, 2012: Cadillac Mining Corporation (TSX-V:CQX) is pleased to announce assay results from the final five holes of its May 2012 nine-hole Hamburg Extension diamond drilling program on the Goldstrike project in southwestern Utah. Highlights of the most recent results include the following intercepts:

DDH GS12-08: 30.8 meters @ 2.05 g gold/t & 4.31 g silver/t

DDH GS12-11: 54.9 meters @ 0.86 g gold/t & 4.14 g silver/t

DDH GS12-12: 21.3 meters @ 1.02 g gold/t & 9.34 g silver/t

Cadillac has completed 12 drill holes as an orientation drill program at Goldstrike. This work commenced in December 2011 with three reverse circulation holes and was recently completed with nine NQ diamond drill holes. All results as tabulated below demonstrate continuous economic grades of gold mineralization over a strike length of about 200 meters. The Hamburg Extension zone follows the south margin of the Goldstrike graben, and is open to both the east and west along the graben. Maps showing Cadillac's drill locations, and historical RC drilling, in context with principal faults and abandoned pits, can be viewed on the Company's website at http://cadillacmining.com/NR46.php

Prospective ground east and north of holes GS12-11 and GS12-12, which is surrounded by abandoned pits, is virtually untested over an area of roughly 1000 meters by about 400 meters. This immediate exploration target is also open for expansion in all directions but the south, as it comprises but a small part of known mineralization extending over 8 kilometers, and is covered by Cadillac leases and claims. Heap leach production of 210,000 oz gold between 1988 and 1994 originated from a total of 12 pits that extended over six kilometers of the Goldstrike graben.

Hamburg Extension Drill Results December 2011 - May 2012

*Drill hole terminated before reaching targeted depth due to drilling conditions.

Strategic angled core drilling on relatively close-spaced sections along the Hamburg Extension has revealed geological complexities and features that will prove of great value in targeting additional gold mineralization. Correlations between mineralization and stratigraphic variations had been difficult to determine from chip samples produced by RC drilling.   However, core recovered by Cadillac clearly demonstrates that higher grade values favour specific sedimentary units, and that these are further influenced by position relative to certain marker-beds. This information has particular application in large portions of the principal graben (see above-referenced map) which remain under-explored in spite of encouraging gold values seen in scattered exploration holes. The Company's ongoing compilation work also shows large areas that are either completely un-explored because of proximity to former processing facilities, or that are minimally tested because of drilling reaching insufficient depth.

In addition to precious metal analyses, all core samples were run by ICP for 36-elements. Results confirm that trace element associations at Goldstrike are consistent with Carlin-style mineralization seen throughout the Great Basin.

Management is currently designing the next stage of drilling, which will include some of the sites previously permitted, and shown in the target map on the Company's website at http://cadillacmining.com/NR46_CA.php

Quality Control

Andre J. Audet, P.Eng., a qualified person ("QP") under the meaning of NI 43-101, the QP and project manager at Goldstrike, has reviewed the technical information in this news release. Sawn core samples were shipped directly to SGS Minerals Services in Elko, Nevada for preparation. Reported analyses were carried out at SGS' laboratories in Vancouver, British Columbia, using industry standard analytical techniques. Samples were analyzed using fire assay of a 30g cut and atomic absorption spectroscopy ("AAS"). The same pulps were analyzed for 36 elements, including silver, using ICP-MS. Samples returning silver values greater than 10 g/t silver were analyzed separately, using by HF-HNO3-HCLO4 and HCL for complete digestion, by atomic absorption.


Blanks, were inserted into the sample stream as part of Cadillac's quality assurance and control program. Pulps from randomly selected samples will be checked by an independent laboratory.


About Cadillac Mining Corporation

Cadillac Mining Corporation is a junior exploration and development company based in Vancouver, Canada focused on large-scale precious and base metal projects in the Abitibi geological province in Canada, and the Great Basin in the western USA. The Company's long term objective is the discovery of a major deposit through carefully planned exploration strategies. Its business model provides shareholders access to a wealth of exploration experience, dedicated management, and the opportunity to experience discovery through a conservatively capitalized company. The Company has approximately 32 million shares outstanding.

On behalf of the Board of Directors

Victor Erickson, P.Eng.
President & CEO           This email address is being protected from spambots. You need JavaScript enabled to view it.

Steve Kubota,                 604-805-6684
Investor Relations         This email address is being protected from spambots. You need JavaScript enabled to view it.

Website:           www.cadillacmining.com

THIS NEWS RELEASE WAS PREPARED BY MANAGEMENT WHICH TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. THE TSX-VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX-VENTURE EXCHANGE) DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Cautionary Note Regarding Forward-Looking Information

This news release contains "forward-looking information" within the meaning of the Canadian securities laws. Forward-looking information is generally identifiable by use of the words "believes," "may," "plans," "will," "anticipates," "intends," "budgets", "could", "estimates", "expects", "forecasts", "projects" and similar expressions, and the negative of such expressions. Forward-looking information in this news release include statements about the recently completed reverse circulation drilling program which may be deemed to be forward-looking information in that it reflects a prediction of the mineralization that could be encountered if additional exploration and drilling is completed.

In connection with the forward-looking information contained in this news release, Cadillac has made numerous assumptions, regarding, among other things: the geological data and information has received is reliable, and is based upon practices and methodologies which are consistent with industry standards. While Cadillac considers these assumptions to be reasonable, these assumptions are inherently subject to significant uncertainties and contingencies. Additionally, there are known and unknown risk factors which could cause Cadillac's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. Known risk factors include, among others: the possibility that future drilling on the Goldstrike project may not occur on a timely basis, or at all; that additional drilling may not intersect additional gold mineralization and uncertainty as to timely availability of permits and other governmental approvals.

All forward-looking information herein is qualified in its entirety by this cautionary statement, and Cadillac disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.

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