Wildcat Intersects “Significant” Zinc-Lead-Copper-Silver Mineralization at Island Lake

Wildcat Exploration Ltd. (TSXV:WEL) announced that it has intersected “significant” zinc-lead-copper-silver mineralization in a step-out diamond drill hole at the New Brunswick-based Island Lake property.

As quoted in the press release:

In drilling at the Railroad Zone, samples from DDH IL-2014-003 included 3.0 m (2.6 m true width) of 6.57% Zn, 2.78% Pb, 0.46% Cu, and 68.1 g/t Ag from 389 m to 392 m down the hole. The hole also intersected 9.0 m (7.8 m true width) of 14.51% Zn, 5.86% Pb, 0.67% Cu, and 139.9 g/t Ag from 398 m to 407 m down the hole. DDH IL-2014-003 is a 70 m stepout to the northeast from DDH IL-2014-001. The contained mineralization in DDH IL-2014-003 is hosted in the same volcanic sequence as was intersected in DDH IL-2014-001 (see news release August 25, 2014). Drilling on the Railroad Zone as well as the Roche Long Lac Zone is continuing and assays are pending.

Tom Lewis, vice president of exploration at Wildcat, commented:

We are very encouraged by the intersections to date. We will be extending the drilling and I look forward to building our knowledge of this exciting property.

Click here to read the full Wildcat Exploration Ltd. (TSXV:WEL) press release.