While visiting with John Knowles today, I also had the opportunity to meet Wayne Stebbe, VP for Investor Relations. We had a very interesting chat about the Jeep project. The old Jeep mine produced the highest grade gold in Manitoba in its day. Recent drilling around the Jeep property has confirmed the presence of gold throughout a 600 metre area adjacent to the old Jeep mine, but the extent of what is now referred to as a "gold zone" is unknown as it appears to continue past the drilling areas on both ends.

As well, they have identified a gold vein (which they call the #1 Jeep Vein) that extends for over 2 kilometres with consistent gold in it. The fact that this vein kept on going has led to Wildcat entering a joint-venture with Harvest Gold on the adjacent property so that they could continue to explore the vein beyond the Wildcat property line. (This was detailed in the March 2008 News Release, excerpt of which is give here: Projection of the survey results, together with a recently completed airborne Dighem and mag survey over the Company's property indicates a potential for additional intersecting shear zones on certain properties immediately south of the Company's claims. As a result Wildcat and Harvest Gold Inc. signed a letter of intent allowing Wildcat to earn an interest in these properties. Under the terms of the letter the Company may earn up to one half of the interest held by Harvest Gold in the Morore and Gudroc claims which cover 405 hectares adjacent to the Company's current Jeep claims. The subject claims are part of a larger claim group in which Harvest Gold is earning a 50% interest from a private individual. Wildcat will earn its interest in the subject claims by completing linecutting and an IP survey at its cost and by funding 50% of the first $250,000 of drilling on the optioned claims.)

The gold on the Jeep property has tended to be in "nugget form" - that is individual chunks or parts of gold somewhat scattered through an area of rock, but there are areas where the occurence of gold is more frequent or concentrated. There also appear to be some patterns of recurrence which will be explored further in order to help determine the likelihood of greater gold occurrences. Wayne also mentioned that they are trying to determine the relationship between the fault lines in the area and the presence of higher gold levels in the rock. When the gold was deposited in the Bissett area rocks, the liquid gold found its way into the cracks and fissures in the rock, forced there under pressure. A better understanding of just how this occurred will possibly help to predict where to look for the greater concentrations of gold.

Also, when the old Jeep mine activity ended in 1950, there was an assumption that they had mined out what was worth taking. Now, new drilling below the old workings is revealing the presence of additional gold deposits that are worthwhile pursuing.

Drilling and other exploration on the Jeep property this summer will help fill in the picture better.