Tuesday, June 08, 2010

Gold Stocks News; Wildcat Exploration Ltd. (TSX-V:WEL) Announces New Director Edward Yarrow

Gold Stocks News; Wildcat Exploration Ltd. (TSX-V:WEL) Announces New Director Edward Yarrow

Winnipeg, Manitoba - June 7, 2010 (Investorideas.com Mining Stocks Newswire) - announces that Edward W. Yarrow was elected to the board of directors at the annual meeting of shareholders held on Thursday, June 3, 2010.

Mr. Yarrow is a senior economic geologist with over 35 years experience in the minerals industry. He has been involved in a number of discoveries of massive sulphide, magmatic nickel, tungsten and gold during this timeframe. Recently retired as V.P. Exploration of Anglo American plc with responsibility for North America and Europe, Mr. Yarrow has extensive experience in commercial and legal aspects of the business and new business development in a number of different countries.

Also elected to the board were John Knowles (President and CEO), Glen Gowryluk (CFO), Andrew Daniels, Denis Fillion and Charles Pitcher. Biographical information on the Company's directors and officers may be found on its website. Rob Dzisiak, who recently assumed the role of founding CEO of the Canadian arm of a major U.S. commodities trading company, did not stand for re-election to the board.

"Ed Yarrow brings tremendous exploration expertise as well as industry recognition and we are very pleased to welcome him to the Wildcat board", said John Knowles of the appointment. "And we wish to acknowledge and thank Rob for his contribution to the Company during some challenging markets and circumstances, and wish him well in his new role".

About Wildcat Exploration Ltd.

Wildcat Exploration Ltd. is a Winnipeg-based company exploring for gold and base metals in Canada. Its portfolio includes: (1) several precious metal properties in the Rice Lake greenstone belt in Manitoba, (2) the Reed Lake base metal and PGE property in the Flin Flon greenstone belt in Manitoba and (3) the Foster River zinc-lead-silver project in Saskatchewan. As the Company builds its property portfolio, Wildcat welcomes proposals from owners of advanced Canadian exploration properties.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. For further information on the Company please visit our website at www.wildcat.ca or contact us at info@wildcat.ca. The Company's public filings, including its most recent audited consolidated financial statements, can be reviewed on the SEDAR website (www.sedar.com).

Source: Wildcat Exploration Ltd.

John Knowles, President CEO
Suite 203, 1780 Wellington Avenue
Winnipeg, Manitoba, R3H 1B3
Phone: (204) 944-8916
Fax: (204) 944-8918

This news release may contain "forward-looking information", within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to Wildcat's exploration program and plans. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "believes", "plans", "seeks", "expects", "budget" or variations of such words or statements that certain actions, events or results may, could, will, will be, would be or are expected to be. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Wildcat to be materially different from those expressed or implied by such forward-looking information.. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Wildcat does not undertake to update any forward- looking information, except in accordance with applicable securities laws.


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