The former Wildcat Exploration Ltd HUB On AGORACOM

The company is now known as FUSE Cobalt.

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Message: Siderock (from the MD&A)

Siderock (from the MD&A)

posted on Apr 30, 2009 05:38PM

Siderock Property

Property Description
The Company holds a 100% interest in the Siderock property, encompassing 25 claims covering 4,249 hectares approximately 28 km east of the Rice Lake Gold Mine in the town of Bissett. The northern part of the property is underlain by rocks of the “Balmer Ball lithological assemblage” which are known to be part of the stratigraphy of the prolific Red Lake gold camp. The dominant geologic features of this property are a prominent shear zone that is an offshoot of the main Wanipigow shear and the occurrence of extensive iron formations.
Wildcat commenced work on this property in 2001, concentrating on the “Portage Gold Zone”, a swath of rocks approximately 1.8 km long by 200 m wide featuring numerous anomalous gold occurrences. Geological mapping and sampling was followed by 1,472 m of diamond drilling in 2005. All of the holes in this eight hole diamond drill program demonstrated the occurrence of anomalous gold concentrations.

Activities in 2008
Work on the Siderock property from January to December 2008 consisted of data compilation.

Activities Contemplated for the Future
On the basis of the positive results of previous exploration programs Wildcat considers the Siderock property a gold project that has not been thoroughly explored and which merits further investigation. The Company may consider exploration partnerships for this property.

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