Apr. 14, 2011 (Marketwire Canada) --
VANCOUVER, BRITISH COLUMBIA -- Pacific Wildcat Resources Corp. (TSX VENTURE:PAW) ("PAW" or the "Company"). Recent media articles have appeared in certain Kenyan newspapers providing inaccurate statements and negative coverage about the special prospecting licence at the Mrima Hill project (the "Project") in Kenya. The articles make reference to a group called the Kaya Mrima Self Help Group ("KMSHG") and their alleged dissatisfaction with exploration and mining activities taking place on the Project.
The Company has contacted both the spokesperson for the KMSHG and the lawyer representing the KMSHG's interests regarding the articles, and they have both confirmed to the Company that the press coverage is incorrect in a number of areas. Both the KMSHG and their lawyer have informed the Company and the Commissioner of Mines in Kenya that "issues between the KMSHG and certain other parties have been resolved and that all parties have a good and cordial working relationship on the ground." The KMSHG's lawyer also confirmed that "its clients wish the Project to continue and succeed for the benefit of its clients, the country and all other parties."
The KMSHG and community are currently working with the Company on the Project in Kenya in preparation for the commencement of a 1,500 m diamond drilling program.
PAW's President Mr. Darren Townsend commented, "PAW has always maintained a good relationship with the community and the Kaya Mrima Self Help Group and we look forward to continuing to work together going forward on this exciting project."
ON BEHALF OF THE BOARD OF DIRECTORS OF PACIFIC WILDCAT RESOURCES CORP.
Darren Townsend, President
Caution Regarding Forward-Looking Statements – This news release contains certain forward-looking statements, including statements regarding the business and anticipated financial performance of the Company. These statements are subject to a number of risks and uncertainties. Actual results may differ materially from results contemplated by the forward-looking statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include unsuccessful exploration results, changes in metal prices, changes in the availability of funding for mineral exploration and development, unanticipated changes in key management personnel and general economic conditions. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward-looking statements, oral or written, made by itself or on its behalf.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Pacific Wildcat Resources Corp.
250 768-0020 (FAX)