There has been some confusion about who has rights to the property at Horseshoe Lake - with its interesting folds. A close look at this map found on the Wildcat website (http://www.wildcat.ca/openwindow.php?PATH=upload/map/large/8.jpg) shows clearly that all of Horseshoe Lake (except for a small tip on the Northeast corner) is on Wildcat property. The map doesn't differentiate between the part of Poundmaker optioned to Strikepoint and the Mike Power area kept by Wildcat, but Horseshoe Lake is all in the Mike Power area -- not in the part Strikepoint optioned area.

Wayne Stebbe commented on Horseshoe Lake -- "our frist priority is the Jeep -- we will get to Horseshoe Lake (later)."

In the meantime, the new geological model that San Gold is pursuing (which extends to the Horseshoe Lake area) is developing further and adding to the likelihood of there being something good on Wildcat's property there.

NL