Wildcat Exploration Ltd. (TSX VENTURE:WEL) is pleased to announce that the
Wildcat - Doe Run Canadian Exploration Alliance (the "Alliance") has approved a
work program of approximately $500,000 at its Island Lake property, located
approximately 4 km southeast of the former Heath Steele zinc-lead mine in
Northumberland County, N.B. The program, to be carried out in June through
August, 2014, includes geophysical and geochemical surveys, mapping and
sampling, overburden drilling and a total of approximately 2,500 m of diamond
drilling.


Based on review of airborne MegaTEM data, 21 electromagnetic ("EM") targets have
been identified as anomalous on the Island Lake property. A preliminary
assessment of the targets has been made and Wildcat geologists will further
evaluate them on the ground in June. EM and magnetic ground-based surveys will
be performed on the best targets with a total of 21 line-km of geophysical
surveys planned. The survey results will be used to identify the most
prospective drill targets on the property.


The Alliance plans to drill at the Railroad Zone to follow up on mineralization
intersected during 2013 (see news release dated September 9, 2013). Drilling is
also planned at the Roche Long Lac area of the property to test down dip from
previously intersected zinc and lead mineralization and to investigate a
coincident magnetic and EM anomaly. Additional drill targets may be determined
from the ground surveys in the current work program.


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.


Wildcat's exploration program is managed by Tom Lewis, P.Eng., a Qualified
Person as defined by NI 43-101, who has reviewed and approved 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.


For further information on Wildcat, please visit www.wildcat.ca.

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