Wildcat Exploration Ltd. (TSX VENTURE:WEL) is pleased to announce that it has
completed a total of 1,867 metres of diamond drilling in four holes on the
Island Lake, N.B. property under the Wildcat - Doe Run Canadian Exploration
Alliance (the "Alliance"). The Alliance has decided to carry out further
drilling on the property in 2014. 


The Island Lake property is located approximately 4 km southeast of the former
Heath Steele zinc-lead mine in Northumberland County, N.B.


The current drill program was designed to follow up on the results of the
initial drilling on the property in which diamond drill hole (DDH) IL-2013-2b
intersected 6.5% Zn, 3.2% Pb, and 0.4% Cu across 2.08 m. (see news release dated
September 9, 2013). The collar of DDH IL-2013-4 was located to test the
extension of mineralization southwest of DDH IL-2013-2b. DDH IL-2013-5 was
collared to test beneath IL-2013-2b and was terminated due to hole deviation.
DDH IL-2013-6 and 7 were drilled northeast of DDH IL-2013-2b, and fell short of
the anticipated mineralized horizon (Upper Railroad Zone). DDH IL-2013-6
intersected 1.01% Zn across 1.04 metres in a felsic unit higher up in the
stratigraphy, but was halted due to faulted ground. No other significant assays
were reported.


Tom Lewis, Wildcat's VP of Exploration commented, "I am pleased the Alliance
plans to continue exploration on the property and on the Railroad Zone in
particular. Drilling has intersected interesting mineralization on the zone, and
recent geological modeling has provided us with valuable insight into the
geometry of the zone. We believe this will enhance our ability to locate
mineralization. In addition we plan to continue to evaluate other targets on the
property." 


The Alliance is a strategic, base metal exploration agreement between Wildcat
and Doe Run Canadian Exploration ULC ("Doe Run Canadian"), a British Columbia
registered company (see news release December 11, 2012). Under the terms of the
Alliance, properties are acquired and held by Doe Run Canadian, subject to
Wildcat's right, under certain circumstances, to earn up to a 30% interest in
one or more properties.


Drill intercept widths in this release represent metres down hole, not true
width, calculation of which is pending geological interpretation.


Wildcat's exploration program is managed by Tom Lewis, P. Eng., a Qualified
Person as defined by NI 43-101, who has reviewed all technical information in
this release.


About Wildcat

Wildcat Exploration Ltd. is a Winnipeg-based company exploring for gold and base
metals in Canada. It manages exploration on its own properties in Ontario,
Manitoba and Saskatchewan. In addition, Wildcat is the manager of the Wildcat -
Doe Run Canadian Exploration Alliance which explores in Canada for base metal
deposits.


Neither the TSX Venture Exchange nor its Regulation Service Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy and accuracy of this release.


Cautionary Note

No stock exchange, securities commission or other regulatory authority has
approved or disapproved the information contained herein. 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Wildcat Exploration Ltd.
John Knowles
President & CEO
(204) 944-8916
info@wildcat.ca
www.wildcat.ca