Ms. Letitia Cornacchia reports

WILDCAT DRILL RESULTS INCLUDE 26 METRES OF 346.52 G/T SILVER, 12.24% MANGANESE, 3.16% ZINC, 4.22% LEAD AND 0.30% COPPER

Wildcat Silver Corp. has released the results for an additional 11 holes completed on the company's Hermosa property located in Santa Cruz county, Arizona.

Of the 11 holes reported, seven holes are step-out holes (holes HDS-117, HDS-118, HDS-128, HDS-130, HDS-131, HDS-133 and HDS-135). The company continues to focus on increasing the width and length of the current resource, and these results further support the extension of mineralization.

A complete list of drill intercepts, location map and 3-D model of the Hermosa mineralization are available on the company's website.

Step-out holes

HDS-117 was drilled across or in the northwest-southeast-trending American fault and connects the down-dropped mineralization intersected in previously disclosed holes HDS-121 and HDS-119. Of note, HDS-117 intersected 25.9 metres of 346.52 grams per tonne silver, 12.24 per cent manganese, 3.16 per cent zinc, 4.22 per cent lead and 0.30 per cent copper, demonstrating excellent silver, manganese, lead and zinc grades.

HDS-118, a step-out hole of approximately 150 metres to the north of the existing resource, intersected significant thicknesses of manganese, lead and zinc mineralization with moderate silver grades. HDS-130, a larger step-out hole to the north of HDS-118, intersected a horizon of strong manganese.

The company is prioritizing drilling to expand the resource in the north and east directions, particularly across the American fault, as mineralization there appears to be demonstrating more robust silver and manganese grades.

HDS-135, located in the very south end of Wildcat's patented claims, intersected a thin horizon of strong manganese mineralization with moderate silver.

HDS-128, HDS-131 and HDS-133 are located west of the current resource. HDS-128 and HDS-131 intersected thin to moderate thicknesses of moderate silver grades while HDS-133 intersected two horizons of moderate to strong manganese grades.

Infill holes

HDS-124 encountered two distinct zones of mineralization. The upper zone hosts low manganese but silver of 113.8 g/t over 18.3 metres. The lower horizon is 22.9 metres thick containing strong manganese mineralization of 8.74 per cent with 178.4 g/t silver. Within the lower zone there are two higher grade zones of 4.6 metres and 3.0 metres averaging 7.86 per cent manganese and 440.8 g/t silver and 23.2 per cent manganese and 397.5 g/t silver, respectively.

HDS-126 is located in the southern portion of the current resource and intersected three intervals of moderate manganese. HDS-127 is located on the eastern margin of the current resource and intersected mineralization characteristic for the upper horizon in the area with low manganese and moderate silver grades.

HDS-134 is located between previously reported holes HDS-112 and HDS-113. This drill hole ties that mineralization together and expands the resource to the east. In the upper horizon this drill hole encountered 12.2 metres of 9.35 per cent manganese with strong silver grades of 318.4 g/t. In the lower horizon the drilling encountered 33.5 metres of strong manganese and silver mineralization accompanied by significant lead and zinc.

                                      A SUMMARY OF THE DRILL RESULTS 

Drill hole          From (metres)     To (metres)  Interval (metres)   Ag g/t      Mn%    Zn%    Pb%       Cu%

HDS-117                      39.6            64.0               24.4    23.09     0.02   0.01   0.11      0.02
HDS-117                     147.9           173.8               25.9   346.52    12.24   3.16   4.22      0.30
HDS-117                     182.9           214.9               32.0    84.56     6.75   4.39   1.42      0.10
HDS-117                     214.9           237.8               22.9    13.09     1.31   9.28   0.18      0.02
HDS-118                     209.0           216.9                7.9   101.22    16.50   1.94   4.50      0.29
HDS-118                     261.3           275.0               13.7    25.11    18.82   9.24   1.56      0.06
HDS-118                     320.7           329.9                9.1    73.61    11.18   3.73   2.50      0.23
HDS-118                     360.1           375.5               15.4   130.25     8.39   4.91   9.02      0.26
HDS-124                       0.0            18.3               18.3    113.8     0.47   0.03   0.50      0.02
HDS-124                      33.5            56.4               22.9    178.4     8.74   0.80   0.60      0.05
HDS-124 includes             33.5            38.1                4.6    440.8     7.86   0.26   0.36      0.06
HDS-124 includes             48.8            51.8                3.0    397.5    23.20   2.76   2.53      0.18
HDS-126                      68.6            86.9               18.3     45.8     2.42   0.06   0.24      0.02
HDS-126                      91.5            97.6                6.1     51.1     2.93   0.10   0.11      0.02
HDS-126                     111.3           137.2               25.9     12.4     3.99   4.96   0.04      0.01
HDS-127                      15.2            44.2               29.0    88.87     0.34   0.05   0.48      0.04
HDS128                       42.7            59.5               16.8    74.93     3.18   0.38   0.33      0.04
HDS-130                     152.4           155.5                3.0    44.35    17.52   0.51   0.82      0.05
HDS-131                      13.7            32.0               18.3    56.55     1.71   0.15   0.16      0.02
HDS-133                      39.6            48.8                9.1     38.5     5.71   0.85   0.22      0.02
HDS-133                      65.5            68.6                3.0     63.7    13.48   0.93   0.25      0.01
HDS-134                      77.7            89.9               12.2    318.4     9.35   0.68   8.18      0.31
HDS-134                      97.6           131.1               33.5    199.0    15.12   4.81   3.23      0.36
HDS-135                      45.7            48.8                3.0       95   18.585   0.92  50.26      0.02

The company will continue to aggressively drill with focus on step-out drilling in the north and east directions and enough infill drilling to achieve the objective of significantly expanding the size and quality of the current resource. Wildcat has four drills operating on the property (two core and two reverse circulation).

Qualified person

The results of Wildcat's drilling results have been reviewed, verified and compiled by Don Taylor, MSc, PG, vice-president of exploration for Wildcat Silver, a qualified person as defined by National Instrument 43-101 (NI 43-101). Mr. Taylor has more than 25 years of mineral exploration and mining experience, and is a licensed professional geologist in several U.S. states.

Assays and quality assurance/quality control

To ensure reliable sample results, Wildcat has a rigorous QA/QC program in place that monitors the chain of custody of samples and includes the insertion of blanks, duplicates and certified reference standards in each batch of samples. Core is photographed and split in half with one-half retained in a secured facility for verification purposes. Sample preparation (crushing and pulverizing) is performed at Skyline Laboratories, an ISO/IEC-accredited lab located in Tucson, Ariz. Skyline Laboratories prepares two pulps of all samples and completes analysis of one pulp sample by ICP for copper, lead, zinc and manganese. The second pulp is shipped to Inspectorate Labs, an ISO 9001-2008-accredited laboratory in Reno, Nev., where the duplicate pulp is analyzed for gold and silver. Silver values are determined by fire assay with an AA finish. For all samples that assay greater than 200 parts per million silver, the sample is rerun using fire assay with a gravimetric finish. In certain holes, Skyline also completes analysis of the pulps for gold (FA/AAS) and Ag by aqua regia digestion and AA finish. If over 150 g/t, all silver assays are redone using FA/gravimetric finish.

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