Siderock Property
Property Description
The Company holds a 100% interest in the Siderock property, encompassing 25 claims covering 4,249 hectares approximately 28 km east of the Rice Lake Gold Mine in the town of Bissett. The northern part of the property is underlain by rocks of the “Balmer Ball lithological assemblage” which are known to be part of the stratigraphy of the prolific Red Lake gold camp. The dominant geologic features of this property are a prominent shear zone that is an offshoot of the main Wanipigow shear and the occurrence of extensive iron formations.
Wildcat commenced work on this property in 2001, concentrating on the “Portage Gold Zone”, a swath of rocks approximately 1.8 km long by 200 m wide featuring numerous anomalous gold occurrences. Geological mapping and sampling was followed by 1,472 m of diamond drilling in 2005. All of the holes in this eight hole diamond drill program demonstrated the occurrence of anomalous gold concentrations.
Activities in 2009
A compilation of all relevant geological information pertaining to this property was prepared during 2009. Limited field work concentrated on the economic potential of the komatiites and the gold potential of areas highlighted by previous geophysical and geochemical surveys.
Activities Contemplated for 2010
Further mineral prospecting to evaluate the economic potential of this property will be undertaken in the summer of 2010.
