WILDCAT GRANTS STOCK OPTIONS
posted on
Dec 29, 2010 07:31PM
Edit this title from the Fast Facts Section
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VANCOUVER, Dec. 29 /CNW/ - Wildcat Silver Corporation (TSX-V: WS) ("Wildcat" or "the Company") has granted 1,065,000 incentive stock
options to Directors, officers, employees and consultants of the
Company. The options are exercisable at $0.54 per share for a period of
five years expiring on December 29, 2015.
About Wildcat
Wildcat Silver is a Canadian mineral exploration company focused on
development of Hardshell, its 80% owned silver-manganese project
located in Santa Cruz County, Arizona. The recently completed updated
preliminary economic assessment estimates average annual production
four million ounces of silver over an 18 year mine life at industry low
cash costs of negative $5.84 per ounce net of by-product credits. The
project currently has an indicated mineral resource of 6.0 million
tonnes averaging 187.8 grams per tonne silver and 6.83% manganese for a
total of 36 million ounces of silver and 410,000 tonnes of manganese,
in addition to an inferred mineral resource of 46.3 million tonnes
averaging 58.6 grams per tonne silver and 7.44% manganese for a total
of 85 million ounces of silver and 3.4 million tonnes of manganese.
Wildcat trades on the TSX Venture Exchange under the symbol WS.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.