Jeep Property
Property Description
The Jeep property comprises 26 contiguous unpatented mining claims totaling 4,016 hectares on which Wildcat holds a 100% of the mineral rights. The property is located approximately 14 km east of San Gold’s Rice Lake mine in the town of Bissett, with its southern boundary partially defined by Provincial Highway 304.
In addition to the original project area, in March 2008 Wildcat signed a letter of intent with Harvest Gold Corp. to acquire a 25% interest in two claims (Morore and Gudroc) covering 405 hectares adjacent to the south east boundary of the Jeep property.
The property is underlain by two distinct geological domains: 1) in the north, the “Jeep Gabbro” and granitoids of the Wanipigow River Plutonic Complex, and 2) in the south, a narrow east-trending extension of the Little Beaver Belt, consisting of mafic and felsic volcanic rocks and minor iron formation and mafic and felsic intrusions. The Jeep Gabbro is a multi-phased intrusion composed of mafic to intermediate intrusive rocks and, in places, partially assimilated xenolithic rocks. An area adjacent to the former Jeep Gold Mine is characterized by a prominent magnetic susceptibility high. The magnetic susceptibility high is interpreted to be due to large amounts of pyrrhotite occurring in a complex assemblage of mafic and intermediate magmatogenic rocks, felsic volcanogenic and derived sedimentary rocks, quartz porphyry, and hybrid rocks consisting of quartz diorite and gabbro that intruded and partially assimilated heterolithic clastic debris. The
resulting hybrid rocks contain ubiquitous mineralization consisting of disseminated, semi-massive, podiform and fracture-controlled pyrrhotite, chalcopyrite, bornite, and traces of pyrite and arsenopyrite.
Activities in 2009
In 2009 Wildcat compiled all geological data, including historic and recent geophysical and geochemical surveys, records of historical and recently drilled holes and mining plans and using 3D capable software produced a 3 dimensional geological model. This model suggested the existence of reasonably predictable quartz vein distribution patterns at the intersection of auriferous structures. Field work in the summer of 2009 consisting of mechanized and hydraulic overburden stripping, concentrated on areas whose potential to host gold bearing quartz veins was highlighted by the 3D model. The mineral content of four gold bearing quartz vein arrays hosted by brittle and brittle ductile shear zones within gabbroic and sedimentary rocks was evaluated through regularly spaced grab and channel samples.
Activities in the first quarter of 2010
Twenty two holes totaling 2822 metres (m), drilled on this property between January 21 and February 28, 2010 aimed to:
a) test the down plunge extensions and continuity of the gold bearing structures in the vicinity of the Jeep mine shaft exposed and tested in 2009,
b) extend mineralized zones intersected in previous drill programs and
c) test the possible down plunge extension of the main gold bearing quartz vein that supported the gold mining in the former Jeep mine below the historical underground mine workings
Significant results from this drilling include 5.59 g/t Au over 1.07 m intersected in hole JP-10-13 within a smoky-grey quartz vein, 11.49 g/t Au over 0.37 m intersected in hole JP-10-14 within a smoky-grey quartz vein, 3.5 g/t Au over 0.74 m intersected in JP-10-03 within quartz-carbonate veinlets in a shear zone and 3.4 g/t Au over 0.82 m intersected in a milky-white quartz vein containing chlorite and pyrrhotite mineralization in fractures within JP-10-05.
Activities planned for 2010
Wildcat intends to integrate the results of the first quarter, 2010 drilling campaign with the existing geological model and follow up with a detailed geological and structural mapping summer program. The results of this data will be used to determine the appropriate follow-up work on the property.
