These results are Wildcat’s second successful expansion of gold mineralized structures associated with historic mines in the Rice Lake Greenstone Belt. The previous program conducted at the Poundmaker mine, 15 kms west of Bissett, followed the downward extension of the deposit to a vertical depth exceeding 70 metres. The northwest zone intersected 0.5 metres assaying 3.8 g/t Au at 21.0 metres depth. The central zone encountered 5.36 g/t Au over 3.0 metres at a downhole depth of 72 metres (includes 13.6 g/t over one metre). The southeast zone, intersected by 4 drill holes, encountered numerous mineralized intercepts. The most significant of these includes 9.0 g/t Au over 2.84 metres (includes 24.3 g/t over 0.4 metres; and 30.3 g/t over 0.4 metres). The Poundmaker Gold Zone remains open down plunge and along strike.

To the northwest of the Poundmaker mine, the company opened new target areas along the trend of the Saxton Lake deformation zone, over a total strike length of 6 kilometres. A number of showings in this area returned significant gold concentrations, including up to 59.2 g/t gold from quartz veins.

At the Garner Lake property, located 40 kilometres south-east of the town of Bissett, MB, the company is focusing on the Beresford Lake Shear Zone (BLSZ). Exploration defined several gold showings including the Marlin occurrence where sampling of a trench returned 153.2 g/t gold from blast rock and 29.56 g/t gold from quartz veining. North of the Marlin trench (150 metres) grab samples returned 3.1 g/t gold. The Swordfish gold occurrence, 360 metres south of the Marlin occurrence, returned grab samples assaying up to 18.2 g/t gold. These three showings, generally north-trending, occur along a structure approximately 500 metres long structure, within the BLSZ. Data from a 2007 prospecting program, that focused on this structure, together with the results of a Mobile Metal Ion (MMI) geochemical sampling survey, is being analyzed to define drill targets.

The company’s Siderock claim group, located near the Manitoba-Ontario provincial boundary, has indications that the area is underlain by Balmer-Ball equivalent assemblage of rocks, as found in Red Lake, ON, 60 kilometres to the east. Drilling and sampling between Wallace Lake and Siderock Lake resulted in the discovery of an auriferous trend, the Portage Gold Zone, of 1.8 kilometres length and up to 400 metres width, striking parallel to the Wanipigow Fault.