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


The first hole in the diamond drill program is now under way and is designed to
follow up on the encouraging results of previous drilling by the Alliance (see
news release dated September 9, 2013) and others in the Railroad Zone which is
located in the northeast part of the property. The hole is targeted below
zinc-lead-copper-silver mineralization intersected by drilling during 2001 as
reported by a previous owner. Three holes are planned for the Railroad Zone
before moving 6 km southwest to the Roche Long Lac Zone.


The drilling at Roche Long Lac is planned to test down dip from zinc and lead
mineralization intersected by drill holes in the 1950's, and to investigate a
coincident magnetic and electromagnetic ("EM") anomaly. 


In addition, 20 EM targets have been evaluated by Wildcat geologists and four
grids have been cut for the purposes of HLEM and magnetic surveys, mapping and
soil geochemical testing. The results of these surveys are currently being
evaluated for possible follow-up drilling.


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.


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