The former Wildcat Exploration Ltd HUB On AGORACOM

The company is now known as FUSE Cobalt.

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Message: MD&A - Garner Property

MD&A - Garner Property

posted on Dec 06, 2009 03:14PM

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 structure that is 500 metres in length. 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 2009

During the period a comprehensive summary including all relevant geological information was prepared and a joint field trip was conducted with a member of the Provincial Geological Survey was used to review Wildcat’s exploration priorities on this property.

Activities Contemplated for the Future

Wildcat will continue to evaluate the mineral potential of this property by prospecting and sampling. The contact of komatiites with surrounding rocks will be investigated to determine whether there is evidence of geochemical interaction. The absence of such interaction would indicate a low probability of Ni Cu sulphide accumulations.

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Dec 21, 2009 11:03AM
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