Wildrose Resources Ltd. is a Canadian public resource company that trades on the TSX-Venture exchange under the symbol WRS and holds a 30% interest in the Spanish Mountain Gold Project in British Columbia's Cariboo Region. Spanish Mountain is one of the key gold exploration projects in British Columbia and one of the most important discoveries in the history of the Cariboo Region. An aggressive exploration program will continue to advance the potential of Spanish Mountain. An initial NI 43-101 compliant resource estimate for a portion of the Main Zone was just released in April 2008. Using a cut-off grade of 0.5 g/t gold, the Main Zone is estimated to contain 1.75 million ounces of gold in the Measured and Indicated categories (67.06 million tonnes averaging 0.81 g Au/t). Current drilling has already expanded the Main Zone beyond the limits of this initial resource. Wildrose and Skygold have recently proposed a merger where Wildrose shareholders will get 0.82 Skygold shares for every Wildrose share they have, pending regulatory and shareholder approval. After the merger, Skygold will hold 100% of the Spanish Mountain Project. Wildrose Resources is part of the Eastfield Group, a family of companies with the same experienced management team. Other companies in The Eastfield Group include Eastfield Resources, Cariboo Rose Resources and Lorraine Copper. |
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