NEWS
posted on
Nov 19, 2009 03:47PM
The company is now known as FUSE Cobalt.
WILDCAT EXPLORATION LTD.
PRESS RELEASE
Wildcat Channel Sampling Demonstrates Gold Continuity on Jeep Project, Bissett MB
Winnipeg, Manitoba; November 19, 2009
Wildcat Exploration Ltd. (WEL: TSX-V) is pleased to announce that channel sampling on the newly discovered
Showing #4 and further channel sampling on Showing #1 has confirmed the continuity of gold and silver mineralization
along strike. These showings occur in the vicinity of the historical Jeep Gold Mine that is located on Wildcat’s 100%
owned Jeep property 13 km east of Bissett, Manitoba in the Rice Lake greenstone belt.
Showing #4 consists of a quartz bearing shear zone, up to 1.3 m wide, hosted in gabbro and containing disseminated
arsenopyrite and pyrite as well as visible gold. Showing #4 is located approximately 50 m northeast of Showing #1
(see company website). Wildcat exposed this shear zone over a distance of approximately 40 m along strike in an
area that was highlighted by the results of two grab samples yielding 35.05 g/t gold (Au) and 3.53 g/t Au (see Press
Release, Sept 23, 2009). A total of 14 channel samples collected at 2.5 m intervals from this shear zone returned
assays of up to 6.21 g/t Au over 0.8 m and 13.41 g/t Au over 0.4 m (see Table 1). Seven historical drillholes
intersected gold in the vicinity of Showing #4 in concentrations of up to 10.55 g/t Au over 0.84 m core length (see
Table 2).
Showing #1 consists of intermittently exposed, sub-parallel gold bearing quartz veins, located approximately 300 m
northwest of the Jeep Gold Mine shaft and approximately 25 m west of the historical #3 vein underground mine
workings. Based on encouraging results of previously collected channel samples (see Press Release, Sept 23, 2009).
Wildcat conducted further stripping, exposing an additional 40 m along strike of the quartz bearing vein system and
uncovered a crosscutting shear zone, approximately 3 m wide, and a fold nose containing quartz veins with visible
gold. A total of 21 channel samples were collected along Showing #1 yielding up to 5.14 g/t Au over 1 m and 3.43 g/t
Au over 0.4 m (see Table 1).
Wildcat is currently planning a winter drilling program to investigate these and other gold bearing quartz vein systems
on the property.
Table 1: Gold Showing #1 and #4 Surface Sampling Assay Results
Showing Channel Samples
Channel Length
(m) Gold (g/t) Gold (oz/t) Silver (g/t)