Vancouver, B.C., November 27, 2006 - Wildcat Silver Corporation (CNQ: WILD) (the “Company”) is
pleased to announce re-assay results from its Hardshell property in Arizona, U.S.A. These results have
been obtained from pulps taken from previous drilling done by Asarco. They show excellent grades of
silver as well as significant grades of zinc, manganese, lead and copper.
| Drill |
From |
To |
Interval |
Ag |
Mn |
Pb |
Zn |
Cu |
| Hole # |
(meters) |
(meters) |
(meters) |
(grams/tonne) |
(%) |
(%) |
(%) |
(%) |
| HDS-56 |
118.8 |
135.6 |
16.8 |
122.9 |
7.16 |
1.53 |
1.23 |
0.11 |
| HDS-57 |
65.5 |
106.7 |
41.1 |
270.2 |
6.25 |
1.19 |
0.60 |
0.11 |
| Includes |
76.2 |
82.3 |
6.1 |
1450.7 |
17.26 |
3.48 |
0.32 |
0.35 |
| HDS-58 |
62.5 |
132.6 |
70.1 |
344.9 |
6.29 |
1.47 |
0.46 |
0.17 |
| Includes |
105.2 |
125.0 |
19.8 |
808.2 |
15.50 |
2.60 |
1.10 |
0.46 |
| HDS-59 |
68.6 |
74.7 |
6.1 |
632.2 |
10.06 |
3.22 |
0.54 |
0.34 |
| HDS-60 |
29.0 |
77.7 |
48.8 |
165.1 |
8.17 |
0.66 |
1.17 |
0.02 |
HDS-61
Includes |
64.0 |
100.6 |
36.6 |
345.5 |
10.19 |
0.76 |
1.95 |
0.12 |
| 65.5 |
79.2 |
13.7 |
585.6 |
7.92 |
1.45 |
0.48 |
0.22 |
| HDS-62 |
74.7 |
86.9 |
12.2 |
389.0 |
16.08 |
3.72 |
2.31 |
0.64 |
| HDS-63 |
71.6 |
117.3 |
45.7 |
147.9 |
5.52 |
1.25 |
2.66 |
0.10 |
| HDS-64 |
89.9 |
118.9 |
29.0 |
358.6 |
18.57 |
3.80 |
1.82 |
0.29 |
| HDS-66 |
99.1 |
115.8 |
16.8 |
132.2 |
16.50 |
1.08 |
1.25 |
0.12 |
| HDS-74 |
67.1 |
114.3 |
47.2 |
153.8 |
13.49 |
1.70 |
2.50 |
0.11 |
| HDS-75 |
103.6 |
123.4 |
19.8 |
983.9 |
6.85 |
2.64 |
0.69 |
0.29 |
The above results are representative of results from a systematic re-analysis program being conducted
on the 55 holes previously drilled for which pulp material is available. The re-assay results are being
used in a preliminary assessment study being prepared by Pincock, Allen and Holt (“PAH”) that is
scheduled for completion prior to the 2006 year-end. The PAH study will also include a National
Instrument 43-101 compliant silver resource on the Hardshell property, which will for the first time quantify
an additional resource of zinc, manganese and lead.
Don Clark, President of Wildcat Silver, is pleased to see that the re-assay results are comparable to the
previous Asarco results. “The tonnes and grades are shaping up nicely to give us a sizable resource
estimate to build on,” he said.
Qualified Person
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.
Ventana Update
Further to the release dated November 16, 2006, we have now received the court approval needed to
proceed with the Plan of Arrangement, whereby Ventana Gold will be spun off as a separate company.
Finalization of the spinoff is still subject to certain regulatory approvals. For further information on
Ventana Gold Corp. please visit www.ventanagold.com.
ABOUT WILDCAT SILVER CORPORATION – Wildcat Silver is developing the Hardshell silver project in
Santa Cruz County, Arizona, USA and through its wholly-owned subsidiary, Ventana Gold Corp., is
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
Phone: 604-687-1717
Fax: 604-687-1715
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.