Vancouver A summer prospecting program by Wildcat Exploration (WEL-V) has returned encouraging gold and platinum group metals (PGM) values from the Poundmaker and Jeep properties in the Bissett gold camp of southeastern Manitoba.
The Poundmaker property covers several historic showings that returned values ranging from trace to 17.2 grams gold per tonne in the late 1970s and early ’80s. The known showings occur in a northeast-trending shear zone that is believed to be part of the Rice Lake greenstone belt. Wildcat’s preliminary and limited sampling program returned gold values of 9.67 grams, 0.39 grams, 5.7 grams, and 50 partsper-billion gold from four samples.
Sampling of the nearby Rios showing was complicated by overburden and high water levels, but random samples returned values ranging from 2.3 grams up to 16.9 grams. Limited sampling from a trench returned 3.4 grams over 2.86 metres.
The gold showings at the Poundmaker property have never been drilled. The company says the shear zone hosting the showings is under-explored and plans to further explore the prospective trend.
Preliminary exploration on the Jeep property, 11 km east of Bissett, revealed a new mineralized zone in strongly deformed, altered gabbro with disseminated, stringer and semi-massive sulphides. The best grab sample returned 0.44% nickel, 0.18% copper, 1.4 grams palladium, 0.39 gram gold, and 65 parts-per-billion platinum. The company plans a substantial program to further test the nature, size, and distribution of the mineralization, and to test a known magnetic anomaly previously identified on the property.
Wildcat has six exploration projects in Manitoba and Saskatchewan, and holds the largest land position in the Bissett camp.
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