Wildcat - Doe Run Canadian Exploration Alliance Commences Work on Newly Acquired Bathurst, NB Area Properties

Wildcat Exploration Ltd. (TSX VENTURE:WEL) is pleased to announce that two
properties under the Wildcat-Doe Run Canadian Exploration Alliance (the
"Alliance") have been acquired and that work has commenced in preparation for
drill programs to be started following the spring breakup. 


Wildcat's partner in the Alliance, Doe Run Canadian Exploration ULC ("Doe Run
Canadian"), has acquired under option the Island Lake property, located
approximately 4 km southeast of the former Heath Steele copper-lead-zinc mine in
Northumberland County, NB and the Sewell Brook property, located approximately
40 km southeast of Grand Falls, in Victoria County, NB. Wildcat has commenced
geological data compilation and analysis on both properties. The purpose of this
work is to evaluate existing information on each of the properties and to
develop work programs and targets for drilling commencing in May or June. 


Wildcat's CEO, John Knowles, commented "Wildcat is delighted to be working with
the Doe Run Canadian team, and the Alliance provides a unique opportunity to
explore with the combined corporate strengths of a well-established major and a
junior explorer. Both companies will benefit from any exploration successes." 


In December, 2012, Wildcat entered into the Alliance, a strategic, base metal
exploration agreement with Doe Run Canadian, a British Columbia registered
company (see news release December 11, 2012). Under the terms of the Alliance,
properties are acquired and held by Doe Run Canadian, subject to Wildcat's
right, under certain circumstances, to earn up to a 30% interest in one or more
properties.


In addition to exploration under the Alliance, Wildcat is exploring for gold and
base metals on its current property portfolio, and adding to this portfolio when
new opportunities arise. A winter program of approximately 9,000 metres of
diamond drilling on Wildcat's gold projects in Bissett, MB commenced recently
(see news release February 26, 2013).


Wildcat's exploration program is managed by Tom Lewis, P. Eng., a Qualified
Person as defined by NI 43-101, who has reviewed all technical information in
this release.


About Wildcat 

Wildcat Exploration Ltd. is a Winnipeg-based company exploring for gold and base
metals in Canada. It manages exploration on its own properties in Ontario,
Manitoba and Saskatchewan and has optioned three properties in the Rice Lake
Greenstone Belt of Manitoba to San Gold Corporation which is carrying out
exploration programs. In addition, Wildcat is the manager of the Wildcat - Doe
Run Canadian Exploration Alliance which explores in Canada for base metal
deposits.


Cautionary Note 

No stock exchange, securities commission or other regulatory authority has
approved or disapproved the information contained herein. This news release may
contain "forward-looking information", within the meaning of applicable Canadian
securities legislation. Forward-looking information includes, but is not limited
to, statements with respect to Wildcat's exploration program and plans.
Generally, forward-looking information can be identified by the use of
forward-looking terminology such as "believes", "plans", "seeks", "expects",
"budget" or variations of such words or statements that certain actions, events
or results may, could, will, will be, would be or are expected to be.
Forward-looking information is subject to known and unknown risks, uncertainties
and other factors that may cause the actual results, level of activity,
performance or achievements of Wildcat to be materially different from those
expressed or implied by such forward-looking information. There can be no
assurance that such statements will prove to be accurate, as actual results and
future events could differ materially from those anticipated in such
information. Accordingly, readers should not place undue reliance on
forward-looking information. Wildcat does not undertake to update any forward-
looking information, except in accordance with applicable securities laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Wildcat Exploration Ltd.
John Knowles
President & CEO
(204) 944-8916
info@wildcat.ca
www.wildcat.ca


CHF Investor Relations
Cathy Hume
CEO
(416) 868-1079 ext. 231
cathy@chfir.com

Wildcat Exploration Ltd. (TSXV:WEL)
過去株価チャート
から 5 2024 まで 6 2024