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Message: Rice Lake Pt 7 - Mable (Ramrod)

Rice Lake Pt 7 - Mable (Ramrod)

posted on Feb 11, 2009 07:58PM

Ramrod: First claims acquired in 2002, now comprised of 2 claims (3.3 sq. km); no
outstanding Net Smelter Royalty (NSR), located in Rice Lake area.

2006, 2007 - No work was conducted on the Ramrod property in 2006 or 2007.

Dec 2007 News Release: On Wildcat’s Mable Lake property the Company has opened a third exploration project. This property, 100% owned by Wildcat, is situated 25 kilometers east of the town of Bissett, MB. Access is excellent with Provincial Road 304 transecting the property from northwest to south east. Line cutting of a grid is completed and will be followed by an IP geophysical survey and drilling of identified targets.

From 2007 Year-end Report: Ramrod (Mable Lake) Property:
This property, located southwest of the Siderock Lake property, straddles the Beresford Lake shear zone. It is underlain by volcanic rocks and gabbroic sills similar to the host rocks of the San Antonio Mine. Quartz veins bound to shear zones outcrop both to the northwest and south of the claims. Cutting of a grid in 2007 is planned to be followed up with prospecting activities in 2008. The resource property cost information is not material for discussion.

April 22, 2008 News Release:

An additional prospecting and sampling project using a recently cut grid is planned to study the gold potential of the Mable Lake (Ramrod claims) area. This project is motivated by the occurrence of gold bearing quartz veins outcropping in the northwest of the claim boundary. It will include a detailed survey which may be followed by trenching and rock sampling.

2008 - Minimal work was done on the Ramrod (Mable Lake) property in the first quarter of 2008 and costs incurred were not significant.

From June 30th MD&A:

Wildcat holds a 100% interest in the Mable Lake property, located in the Rice Lake greenstone belt some 25 kilometres east of the town of Bissett. The property, which is intersected in a southeasterly direction by Provincial Road 304, consists of two contiguous claims totaling 325 hectares, lies along the eastern margin of a southeast-trending shear zone deemed to be a splay of the Wanipigow fault, a dominant east- striking geological feature in the Rice Lake mineral belt. Historical gold mining in the vicinity of the property dating back to the 1930’s, includes the former Cryderman Gold Mine, located some 1100 metres west of the property, and the Moore shaft, some 250 metres south of the property boundary.
The rocks underlying this property were cut by several shear systems and host multiple quartz vein generations. The number of large decimeter to metre-sized and continuous quartz veins exposed on this property is estimated at several hundreds, interspersed with thousands of small (mm to cm sized quartz veinlets. Sulphide mineralization in the quartz veins is not as evident as in other parts of the belt, however, the veins may be distinguished by the structural parameters leading to the formation of the host fracture, their azimuths and the properties of the quartz fill such as texture and color.

No new activities were undertaken on this property in the 2nd quarter.

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