The former Wildcat Exploration Ltd HUB On AGORACOM

The company is now known as FUSE Cobalt.

Free
Message: Further Details on Wildcat AGM - Peter Theyer

Further Details on Wildcat AGM - Peter Theyer

posted on Jun 04, 2009 08:44PM

Peter Theyer, Chief Geologist for Wildcat then followed. He began by reinforcing what John Knowles had said about the staff enjoying their working together at Wildcat. He also said that Wildcat has excellent properties, making it a joy for a geologist. [Peter retired from working for the Province of Manitoba some years ago, and now has been with Wildcat for the past 3 years. My impression of this older genetleman is that he is not working because he needs to but because he delights in it - that left me with a favourable impression of both himself and the company].

Rice Lake - although there is a lot of gold up there, there are also significant showings of NI-CU-PGE, so we should not just think of these other metals as sidelines, because Wildcat is very seriously exploring for those as well. Of particularf interest at Siderock and Garner are Komatiite features, which are usually good indicators of mineralization. Marum will be doing helicopter-borne camera topography mapping work on the Poundmaker JV property, and Wildcat has arranged for them to also include the Jeep property for minimal charge. Peter had seen some indications of potential Platinum Group Elements (PGE) on the Jeep property, but to-date has been frustrated by finding little of economic consequence. At this time, gold is more likely to be the main focus at Jeep, and Ryus St. Pierre had more to say on that later.

Reed Lake - the mineralization all around the Wildcat Reed Lake property and the findings to date make this a very valuable Wildcat holding. In Peter's words, "it is increasing in value all the time, and would even if all we did was to sit back and have a beer!" The Rockcliff finds to the north and Cream findings to the west are highly significant. This summer, attention will be focused on "resolving the puzzle" of how these two trends come together on the north part of Wildcat's land and on getting a better idea of how much nickel and copper we might have.

Ikwasum has had some exploration work done in the past, but it did not go far enough to yield significant results. Based on the first part of the work that was done, there could have been adjustments made in the balance of the exploration that may have given better results. Ano5ther effort will need to be made.

Foster River, SK has been presented at PDAC and more recently at GAC MAC; the unique possibilities and potential there are being talked about amongst the people that care and could make a difference in its development. This year there will be a focus on trying to find the source of the mineral-laden boulder trains that were pushed along by glaciers. The pattern of where these boulders are now found may help define where they were carried from.



Share
New Message
Please login to post a reply