Quote from the March 2011 release:  "The Mike Power Property, contiguous to the western boundary of the San Gold operations in Bissett, MB, has been very under-explored due to extensive bedrock cover. Wildcat geologists believe these recent results demonstrate that gold-bearing structures exist on the Mike Power property, and the property may host a westerly extension of the gold bearing geological units that are being mined at the Rice Lake Mine. This initial program of exploration has advanced our understanding of the property and will greatly assist our ability to focus future exploration on the favourable structural and chemical traps for the gold in this vicinity of the property, and along this significant structure.

 

Quote from latest NR about the drilling in this region:  Assays are pending on the majority of holes, however San Gold reported that logging of the drill core has confirmed an extensive deformation zone at the base of the San Antonio Formation in the vicinity of previous drilling by Wildcat (see news release March 23, 2011). Some of the drill holes awaiting assay results have intersected quartz stockwork veins, sulfides (sphalerite, chalcopyrite and pyrite) with associated widespread sericite alteration.

 

Definitely some exciting tidbits for the upcoming assay results.  The fact that we had that spurt of buying there makes me wonder if the results have started to trickle back and are leaking a bit.  Course it could come up empty as they often do.   However with our tiny float a big high grade hit could triple this stock in a day.