Vancouver, B.C., October 31, 2006 - Wildcat Silver Corporation (CNQ: WILD) is pleased to announce
the following assay results from its Hardshell property in Arizona, U.S.A., which were obtained from pulps
taken from previous drilling done by Asarco. They show excellent grades of silver as well as significant
grades of zinc, manganese, and lead.
The above are representative of results achieved to date from a systematic re-analysis program being
conducted on the 55 holes previously drilled for which pulp material is available. Another 40 holes
previously drilled have no pulp material available for re-analysis. The re-analysis results are comparable
to the previous Asarco results. These results are being used in a preliminary assessment study being
prepared by Pincock, Allen and Holt (“PAH”). The PAH study will also include a National Instrument -
43101 compliant silver resource on the Hardshell property, which will for the first time quantify an
additional resource of zinc, manganese and lead.
These drill results have been prepared under the guidance and supervision of Mike Clarke. Dr. Clarke,
who is the designated Qualified Person, has a Ph.D. in Geology, over thirty years of international industry
experience and the ability and authority to verify the data herein.
Wildcat’s wholly-owned subsidiary, Ventana Gold Corp. (“Ventana”), is continuing a drill program on its La
Bodega property in Colombia. The La Bodega property lies adjacent to Greystar Resources’ Angostura
gold deposit. Upon receiving shareholder approval for a Plan of Arrangement on November 15, 2006 and
subsequent court and regulatory approvals (as detailed in Wildcat’s news release dated October 16,
2006), Ventana will be spun out to Wildcat shareholders on the basis of one share of Ventana for each
Wildcat share held.
ABOUT WILDCAT SILVER CORPORATION - Wildcat Silver is developing the Hardshell silver project in
Santa Cruz County, Arizona, USA, and conducting gold exploration in the California-Vetas mining district
in Colombia. Wildcat trades on the CNQ Exchange in Canada under the symbol WILD.
For additional information please visit www.wildcatsilver.com or contact:
Marlo Hamer-Jackson, Investor Relations Manager
On behalf of the Board of Directors,
Donald B. Clark
Interim President and Director
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 the Corporation's latest annual report and
management discussion and analysis. The Corporation assumes no obligation to publicly update any
forward-looking statements, whether as a result of new information, future events or otherwise.
The CNQ has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.