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Wildcat Silver Corp.

Publié le 19 juillet 2011

DRILL RESULTS INCLUDE 52 METRES OF 369 G/T SILVER CONTINUING TO SUPPORT EXTENSION OF MINERALIZATION

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Mots clés associés :   K Street | Manganese | Zinc |

PRESS RELEASE

WILDCAT DRILL RESULTS INCLUDE 52 METRES OF 369 G/T SILVER CONTINUING TO SUPPORT EXTENSION OF MINERALIZATION

Vancouver, B.C., July 19, 2011 – Wildcat Silver Corporation (TSX: WS) ("Wildcat” or "the Company”) is pleased to announce the results for 23 additional holes (21 of which are step-out holes), completed on the Company's Hermosa property located in Santa Cruz County, Arizona.

The Company has completed 80 holes accounting for approximately 20,730 metres of the total 30,000 metres planned. Wildcat has added a fifth drill rig to accelerate the current exploration program as it continues to focus on expanding the size and upgrading the quality of the current resource. The Company now has two core and three reverse circulation drills on the property. An update to the existing Hermosa mineral resource is expected to be released in the fourth quarter of 2011.

Highlights:

Seven holes (all step-out holes) were drilled in the central area of the Hermosa property where results continue to exhibit strong silver and manganese mineralization. The best intersections include:

  • HDS-162 was drilled in a sparsely drilled area at the edge of the current resource and intersected 51.8 metres of 368.6 g/t silver, 6.32% manganese, 2.89% lead and 1.37% zinc.
  • HDS-159, located 150 metres south of HDS-162, was drilled in an area of wide-spaced drilling near the edge of the existing resource and intersected 45.7 metres of 195.4 g/t silver, 13.83% manganese, 1.76% lead and 2.09% zinc.

Wildcat drilled five holes (all step-out holes) on the northern portion of the property, an area of focus, with the objective of expanding the resource. These drill results continue to indicate that silver mineralization extends to the north with strong manganese mineralization and lead and zinc exhibiting increased values. Significant intersections include:

  • HDS-158, located 250 metres north and east of the existing Hermosa resource, intersected two thick zones of mineralization with the lower zone averaging 249.0 g/t silver, 13.14% manganese, 3.44% zinc and 2.70% lead over 14.0 metres.
  • HDS-147, 250 metres near HDS-158, intersected seven significant mineralized zones from 277.5 metres down to 412.5 metres, with intervals ranging from 2.7 metres to 64.5 metres exhibiting silver grades from 27.76 g/t to 178.9 g/t, manganese grades from 10.51% to 24.05%, zinc grades from 2.12% to 14.66% and lead grades from 1.61% to 10.97%.

In the southern area of the Hermosa property, nine holes were drilled (seven step-out holes and two infill holes). Of note:

  • HDS-142, an infill hole, intersected 13.4 metres of 158.5 g/t silver adding continuity to the resource.
  • HDS-154, a step-out hole approximately 50 metres west of the current resource, intersected an interval of 13.7 metres averaging 161.8 g/t silver.

Two holes (both step-out holes), HDS-145 and HDS-153, have been completed in the northwest area with the objective of expanding and helping determine the width extent of the mineralization identified in previous drilling. Both drill holes intersected significant intervals of silver/manganese mineralization with increased amounts of lead and zinc.

For the full press release please click here

About Wildcat

Wildcat is a Canadian mineral exploration company focused on development of Hermosa, its 80% owned silver project located in Santa Cruz County, Arizona. The project currently has an indicated mineral resource of 6.0 million tonnes averaging 187.8 grams per tonne silver for a total of 36 million ounces of silver in addition to an inferred mineral resource of 46.3 million tonnes averaging 58.6 grams per tonne silver for a total of 85 million ounces of silver. The Company has completed an updated preliminary economic assessment which contemplates an 18 year mine life with expected annual production in excess of 6 million ounces of silver for the first full five years of production.

For additional information please visit http://www.wildcatsilver.com/ or contact:
Letitia Cornacchia, Vice President, Investor Relations and Corporate Communications
Telephone: +1 416 860 6310
Email: lcornacchia@wildcatsilver.com

FORWARD LOOKING STATEMENTS

The statements that are not historical facts are forward-looking statements involving known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described from time to time in Wildcat's latest annual report and management discussion and analysis. Wildcat assumes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise.

CAUTIONARY NOTE CONCERNING INFERRED MINERAL RESOURCES

A preliminary economic assessment is preliminary in nature and includes inferred mineral resources. Inferred mineral resources have a great amount of uncertainty as to their existence and as to their economic and legal feasibility. It cannot be assumed that an inferred mineral resource will have the economic consideration applied that would enable it to be categorized in the mineral reserve category, and there is no certainty that the preliminary assessment will be realized.

 


Suite 400 - 837 West Hastings Street, Vancouver, BC, V6C 3N6
Telephone: 604 687 1717  Facsimile: 604 687 1715
info@wildcatsilver.com

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Wildcat Silver Corp. est une société développant des projet miniers d'argent basée au Canada.

Wildcat Silver Corp. détient divers projets d'exploration en USA.

Son principal projet en exploration est HERMOSA (HARDSHELL) en USA.

Wildcat Silver Corp. est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 65,9 millions CA$ (52,7 millions US$, 47,0 millions €).

La valeur de son action a atteint son plus haut niveau récent le 15 avril 2011 à 3,16 CA$, et son plus bas niveau récent le 03 avril 2015 à 0,22 CA$.

Wildcat Silver Corp. possède 148 040 000 actions en circulation.

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Rapports annuels de Wildcat Silver Corp.
2007 Annual report
Financements de Wildcat Silver Corp.
03/05/2011CLOSES $13 MILLION PRIVATE PLACEMENT WITH SILVER WHEATON
07/03/2011ANNOUNCES $13 MILLION PRIVATE PLACEMENT WITH SILVER WHEATON
16/08/2008Extends Expiry For Outstanding Warrants
12/03/2007 Wildcat Increases Private Placement
Nominations de Wildcat Silver Corp.
22/06/2013Wildcat announces AGM results including election of Donald Y...
08/08/2011Wildcat appoints William J. Pennstrom, Jr as Vice President ...
13/07/2011APPOINTS GREG LUCERO AS VICE PRESIDENT OF SUSTAINABLE DEVELO...
29/07/2008 Appoints Chairman, CEO & CFO
04/07/2008Appoints Two New Board Directors
Projets de Wildcat Silver Corp.
06/05/2013Wildcat Silver completes acquisition of Riva Gold
03/05/2013Riva Gold shareholders approve acquisition by Wildcat Silver
04/04/2013Wildcat Silver enters into a defintive agreement for the acq...
10/01/2013Wildcat drilling increases Manto Zone thickness in centre of...
01/10/2012Wildcat Silver updated PEA more than doubles expected annual...
31/05/2012Wildcat Drill Results Include 54.9 Metres of 236.8 g/t Silve...
17/05/2012Wildcat announces results for 24 additional drill holes: con...
10/05/2012Wildcat announces additional drill results, expanding Upper ...
25/04/2012Wildcat announces additional drill results, extends Upper Si...
15/09/2011Wildcat announces additional drill results including 19.8 me...
08/09/2011Wildcat drill results continue to expand Hermosa mineralizat...
19/07/2011DRILL RESULTS INCLUDE 52 METRES OF 369 G/T SILVER CONTINUING...
01/06/2011(Hermosa (hardshell))ANNOUNCES DRILL RESULTS INCLUDING 20.0 METRES OF 329.8 GRAMS...
25/04/2011(Hermosa (hardshell))ANNOUNCES ADDITIONAL DRILL RESULTS
04/04/2011(Hermosa (hardshell))DRILL RESULTS INCLUDE 37 METRES OF 407 GRAMS PER TONNE SILVE...
24/03/2011(Hermosa (hardshell))DRILL RESULTS INCLUDE 100 METRES OF 153 GRAMS PER TONNE SILV...
22/03/2011(Hermosa (hardshell))INITIAL DRILL RESULTS SUPPORT EXTENSION OF MINERALIZATION
24/11/2008(Hermosa (hardshell))Improves Processing at Hardshell
28/02/2008(Hermosa (hardshell))Drilling Highlights From Hardshell - Includes 49.9 m of 239 ...
23/07/2007(Hermosa (hardshell))Starts Drilling at Hardshell
Communiqués de Presse de Wildcat Silver Corp.
29/09/2015September 29th, 2015 AZ Mining expands Hermosa NW with high ...
03/08/2015AZ Mining to expand Hermosa land package
24/07/2015July 24th, 2015 AZ Mining to expand Hermosa land package
30/06/2015June 30th, 2015 AZ Mining AGM Results
21/08/2014Closes C$2 Million Private Placement and Commences Sulfide S...
21/08/2014Wildcat Silver Closes C$2 Million Private Placement and Comm...
15/08/2014Wildcat Silver Announces Election of Donald R. Siemens to it...
31/07/2014Wildcat Silver highlights Sulfide Skarn potential at Hermosa...
09/04/2014Wildcat signs letter agreement for Regal Resources' Sunnysid...
10/12/2013Wildcat announces positive prefeasibility study results and ...
18/07/2011to commence trading on the Toronto Stock Exchange on July 19...
05/07/2011Conditionally Approved To List On The TSX
06/06/2011Wesgold Options the 25,790 Hectare Cordoba Property, Colombi...
02/09/2008Commence Trading on TSX-V Exchange
09/01/2008FILES YEAR-END AND Q1 FINANCIAL STATEMENTS - MANAGEMENT CEAS...
23/10/2007Define Manganese Market Potential
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