Hardshell containsan indicated mineral resourceestimate of 42.7 million ounces of silver and 1.3 billion pounds ofmanganese, plus an inferred resource totalling 37.7million ounces ofsilver and 2.5 billion pounds of manganese. 

A 2007preliminary assessment envisioned a 1,800 tonne per day open pit miningoperation with an initial mine life of 13½ years. Annual productionwould total 4 million ounces of silver and 54,000 tonnes of manganese,and would establish Wildcat as a world-class silver producer and theonly domestic manganese producer in the US. Production would alsoinclude 550 tonnes of copper and 9,000 tonnes of zinc per year.Using a conservative silver price assumption of $8.50 per ounce, the2007 study estimated a 5% NPV totalling $295 million.

Highlightsfrom Wildcats drill program:

41.1 m 270.2 g/t ag6.25% mn
Includes 6.1 m 1450.7g/t ag17.26% mn

70.1 m 344.9 g/t ag6.29%mn
Includes19.8 m 808.2g/t ag 15.50% mn

36.6 m 345.5 g/t ag 10.19%mn

19.8m 983.9g/t ag6.85% mn

29.0m 358.6 g/t ag 18.57% mn

49.99m239 g/t ag 11.62% mn

71.90m 193 g/t ag  5.07% mn

22.86m369 g/t 9.45% mn

Winston’s Growth Stock Report believes that 2009drill program will potentially doubled the reserves.

http://www.kincommunications.com/clients/wildcatsilver/mediacoverage/winston-wildcat-december112009.pdf


Tobuild the mine, Wildcat recently hired Paul Ireland from Rio Tinto.

JohnBrodie from Silver Standard as director.

Chairman, Richard Warkefrom Ventana Gold

Management holds ~30%

Silver Wheaton boughtAugusta Resources (Same management as WS) silver production (70 moz ag)for $250 million, and that mine is a neighbour to the Hardshelldeposit.

Wildcat Mcap ~C$30 million