Cadillac Mining Corporation CQXFF

RIC - New Wasamac results are great...

[feasttime]

RICHMONT INTERCEPTS 7.28 G/T AU OVER 31.40 METRES AT WASAMAC; NEW DRILL RESULTS REAFFIRM STRONG POTENTIAL OF THIS PROJECT

Highlights:

• New 2011 drill results include: 7.28 grams per tonne Au over 31.40 metres in the Main zone, 3.14 g/t Au over 9.99 metres and 3.45 g/t Au over 7.66 metres in zone 1, 2.17 g/t Au over 32.88 metres in zone 2, and 4.52 g/t Au over 12.17 metres in zone 3 (true width).

• Richmont has five drills currently active in the area.

• It has completed over 34,000 metres of drilling to date; 2011 exploration program extended to 45,000 metres from 35,000 metres previously.

• Updated resource calculation for Wasamac is expected in fourth quarter 2011, and will be used to complete a preliminary economic assessment of the project in first quarter 2012.

Martin Rivard,president and chief executiveofficer, commented: "We have results frommore than 25,000 metres ofdrilling completed this year and are pleasedthat they have reaffirmedour optimism for Wasamac's long-term potentialfor Richmont'sshareholders. To this end, we have expanded ourexploration program to45,000 metres for 2011,

** The future looks very good indeed for RIC neighbours, VGD and CQX !!