Garner Property

Property Description
The Garner property is comprised of 12 claims covering 2,285 hectares located approximately 33 km southeast of Bissett between Provincial Road 304 and the Ontario border, in which the Company holds a 100% interest. The west half of the property contains a section of the Beresford Lake shear zone along which the Company has obtained gold concentrations of up to 150 g/t from chip samples.
Within the Garner Lake property, three gold occurrences, hosted within quartz-carbonate veins, were discovered by Wildcat: Marlin, Swordfish and an unnamed occurrence. All of these occur on a 500 metre long structure. The gold mineralization, hosted within quartz-carbonate veins, is open along strike to the north and south. Gold concentrations of up to 153 g/tonne were found along this structure.
Significant gold mineralization was also recently discovered in the southwestern corner of the property, the Garner West showing. The Garner West area comprises an area of anomalous gold and arsenic approximately 400 metres along strike and 200 metres wide. Gold concentrations of up to 3.77 g/tonne were obtained from this area.
Kambalda type nickel ore deposits are a class of nickel-copper ore deposit associated with ultramafic komatiitic volcanic rocks of Archean age. On the Garner Property, in the northern claims area, a thick sequence of ultramafic komatiite / komatiitic basalt overlying a silicate-sulphide iron formation may represent a geological setting favorable for Kambalda type nickel-copper mineralization

Activities in 2008

The Garner Lake property was prospected by Wildcat in July and September, 2008 to investigate the significance and extent of numerous gold showings in the area and to evaluate the potential of this property for Ni-Cu-PGE mineralization contained in “komatiites” a rare type of volcanic mafic-ultramafic rocks that underlie a large part of the area north of Garner Lake. Komatiites are known to host compact but very high grade Ni Cu PGE deposits with examples occurring world wide. The field program comprised geological mapping and rock sampling. Eight rock samples were collected and assayed for Ni, Cu, Pt, Pd, Au and Ag.
A mineralized zone (sample GL 10446) in the mafic-ultramafic rocks located 3 km east of the Beresford Shear Zone returned 1.48% Cu. Another sample (GL 10452) taken further to the east in a mafic intrusive rock contained 0.78% Cu and is located 1.5 km east of the first sample. An additional survey, conducted in mid-September, evaluated the mineral potential of an island underlain by differentiated mafic and ultramafic rocks that were known to contain elevated concentrations of Ni-Cu and PGE. An array of promising mineralized brittle fracture networks yielded slightly elevated but not economically significant mineral content. Wildcat also conducted channel sampling of mineralized wallrock near the Marlin gold showing discovered in 2005. The mineralized wall rock did not contain significant Au concentrations; however, the quartz vein sampled as part of the channel sample contained 2.67 g/t Au.

Activities Contemplated for the Future
Wildcat will continue to evaluate the Garner Lake property for Au and Ni-Cu-PGE mineralization by further prospecting and mapping on the project. The Company also intends to investigate the mafic-ultramafic flows north of Garner Lake using an IP survey to pinpoint areas for further examination.