The company has awarded the contracts for the core drilling and reverse circulation drilling portions of the planned exploration drilling program, and the first reverse circulation drill has arrived and commenced drilling on site.
Wildcat plans to execute a 12,500ft exploration drilling program designed to evaluate high quality potential targets with the objective of expanding the current existing mineral resource of six million tonnes grading 187.8 grams per tonne silver for a total of 36 million ounces of silver in the indicated category and 46.3 tonnes grading 58.6 grams per tonne silver for a total of 85 million ounces in the inferred category.
As part of the exploration program, the company also plans to undertake drilling to provide material for metallurgical studies designed to optimize recoveries, streamline the flow sheet and improve operating costs.
Wildcat is a Canadian mineral exploration company focused on development of Hardshell, its 80% owned silver-manganese project located in Santa Cruz County, Arizona.