Property Description

The Poundmaker property is comprised of 98 contiguous claims covering 15,574 hectares in the Saxton Lake area of the Rice Lake greenstone belt, west of Bissett, Manitoba in which Wildcat holds a 100% interest. In February 2008 the Company granted an option, subsequently amended in February, 2009, to StrikePoint Gold Inc. (formerly Marum Resources Inc.) to acquire a portion of the property comprised of 72 claims covering 12,176 hectares, approximately 10 km northwest of the San Gold’s Rice Lake Gold Mine. Wildcat retained the remaining 26 claims located in the southeast quadrant, known as the Mike Power Project area.

Activities in 2009

During the quarter a compilation of all relevant geological information pertaining to this property was prepared by the Company. The Company is awaiting receipt of StrikePoint’s progress report on their summer work programs.

Activities Contemplated for the Future

Exploration work pursuant to the optionee’s work obligation under the Poundmaker option agreement is under the direction of the optionee. Pursuant to its work obligations under the multi-year option agreement, on or before March 1, 2010, StrikePoint is required to conduct $500,000 of exploration work on the optioned property and to pay up to $100,000 to Wildcat in cash or $150,000 in cash and shares.