Cadillac Ventures Inc. (TSX VENTURE:CDC) ("Cadillac" or the "Company") is
pleased to announce that the underground resource at the Thierry Mine Project
has been revised, based upon the operating costs of conceptually combining the
operations of the Thierry underground and the K1-1 open pit deposits. The
conceptual combination of operations has resulted in a decrease to the NSR
cut-off of $5.30/tonne for the underground resource. The impact on the Resource
calculation is illustrated below.


February 2012 Updated Resource Estimate at a C$41/tonne NSR cut-off 



----------------------------------------------------------------------------
Class                 Tonnes    Cu %    Ni %  Ag g/t  Au g/t  Pt g/t  Pd g/t
----------------------------------------------------------------------------
Measured           3,233,000    1.65    0.19     4.6    0.03    0.03    0.09
----------------------------------------------------------------------------
Indicated          5,582,000    1.66    0.19     3.8    0.05    0.05    0.14
----------------------------------------------------------------------------
Meas&Ind           8,815,000    1.66    0.19     4.0    0.05    0.04    0.13
----------------------------------------------------------------------------
Inferred          14,922,000    1.64    0.16     6.4    0.10    0.07    0.21
----------------------------------------------------------------------------
                                                                            
(1)  Mineral resources which are not mineral reserves do not have           
     demonstrated economic viability. The estimate of mineral resources may 
     be materially affected by environmental, permitting, legal, title,     
     taxation, socio-political, marketing, or other relevant issues.        
(2)  The quantity and grade of reported Inferred resources in this          
     estimation are uncertain in nature and there has been insufficient     
     exploration to define these Inferred resources as an Indicated or      
     Measured mineral resource and it is uncertain if further exploration   
     will result in upgrading them to an Indicated or Measured mineral      
     resource category.                                                     
(3)  The mineral resources in this press release were estimated using the   
     Canadian Institute of Mining, Metallurgy and Petroleum (CIM), CIM      
     Standards on Mineral Resources and Reserves, Definitions and Guidelines
     prepared by the CIM Standing Committee on Reserve Definitions and      
     adopted by CIM Council                                                 
(4)  The January 31, 2012 two year trailing average US metal prices used in 
     this estimate were $3.72/lb Cu, $10.15/lb Ni, $28.18/oz Ag, $1,419/oz  
     Au, $1,663/oz Pt and $639/oz Pd. The C$US$Exchange rate was 0.99.      
(5)  Overall payable metal in the NSR calculation were 84% Cu, 13% Ni and   
     37% for Ag, Au, Pt & Pd.                                               
(6)  Costs used to determine the C$41/tonne NSR cut-off value are as        
     follows: mining C$30/tonne, processing C$9.50/tonne and G&A C$1.50/tone
     (Processing and G&A costs were developed on a shared basis with K1-1)  



"The impact to the existing resource statement of the lowering of the conceptual
combined operating costs for both the Thierry Mine underground and the K1-1 Open
Pit deposits, while not resulting in significant additional tonnage at this
time, will be positive for project economics and broadens the range of
underground material which, may, one day, be economically mined from Thierry
underground, should a production decision be made," stated Norman Brewster
P.Geo, President and CEO of Cadillac.


Mr. Brian H. Newton, P.Geo, of Billiken Management Services Inc., on behalf of
the Company, and Mr. Eugene Puritch, P.Eng. of P&E Mining Consultants Inc. are
"Qualified Persons" pursuant to NI 43-101 and have both reviewed and approved
the contents of 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. 


Thierry Mine Deposit

The Thierry Mine is a past producing mine with a current resource estimate
consisting of 8.8 million tonnes Measured and Indicated grading 1.66% Cu, 0.19%
Ni, 4 g/t Ag, 0.05 g/t Au, 0.04 g/t Pt and 0.13 g/t Pd and 14.9 million tonnes
Inferred grading 1.64% Cu, 0.16% Ni, 6.4 g/t Ag, 0.10 g/t Au, 0.07 g/t Pt, 0.21
g/t Pd using a cut-off NSR of C$41/tonne. The deposit remains open at depth and
to the west. 


K1-1 Deposit

The K1-1 is an open-pit, large tonnage, low grade deposit located approximately
3 km from the past producing Thierry Mine. The Inferred mineral resource
estimate for K1-1 within a Whittle pit shell consists of the following:
53,614,000 tonnes grading 0.38% Cu, 0.10% Ni, 1.83 g/t Ag, 0.03 g/t Au, 0.05 g/t
Pt, and 0.14 g/t Pd at an NSR cut-off of $41/tonne.


Forward Looking Statements

This news release contains forward-looking statements and information under
applicable securities laws, including with respect to the impact of the updated
resource at the Thierry Mine Project. All statements, other than statements of
historical fact, are forward looking. Forward-looking statements are frequently
identified by such words as 'may', 'will', 'plan', 'expect', 'believe',
'anticipate', 'estimate', 'intend' and similar words referring to future events
and results. Such statements and information are based on the current opinions
and expectations of management. All forward-looking information is inherently
uncertain and subject to a variety of assumptions, risks and uncertainties,
including the speculative nature of mineral exploration and development,
fluctuating commodity prices, the risks of obtaining necessary licences and
permits and the availability of financing, as described in more detail in the
Company's securities filings available at www.sedar.com. Actual events or
results may differ materially from those projected in the forward-looking
statements and the reader is cautioned against placing undue reliance thereon.
Forward-looking information speaks only as of the date on which it is provided
and Cadillac assumes no obligation to revise or update these forward-looking
statements except as required by applicable law. All dollar amounts are in
Canadian dollars unless otherwise noted.


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