Pacific Wildcat Resources Corp. reported that good progress is being achieved with the reverse circulation ("RC") resource drill program currently underway at the Mrima Hill Niobium and Rare Earth Project in Kenya. Originally planned for 5,000m (NR #2011-27), the RC program has now been doubled to 10,000m as further drill access tracks have been authorized by regulatory authorities and early drilling has demonstrated increased depth potential of the mineralized saprolitic clays and saprolitic rock. PAW has a conditional purchase agreement to acquire an indirect 70% interest in Cortec Mining Kenya ("CMK"), owner of the Mrima Hill project. The initial drilling has commenced in the south west corner of Mrima Hill. This is one of the areas found to be anomalous for TREO by the Kenyan Mines Department who sampled 81 pits to a depth of 8m throughout Mrima Hill in 1955, an anomaly that was confirmed by the PAW diamond drill program of 2011. The saprolite is prospective for TREO and niobium and has formed as a product of a weathered carbonatite intrusion. The RC holes are at 100m spacing and aim to achieve a maiden National Instrument 43-101 resource for TREO, as well as an update on the Initial Niobium Resource reported on the 7th of July 2011 ("NR #2011-14"); at Mrima Hill. These resource estimates are expected to be completed in the third quarter of 2012. The revised initial Exploration Target(i) for the deposit of between 30 million to 40 million tonnes at grades ranging from 4.0% to 5.0% TREO has been developed taking into account all available assay data from the completed RC and diamond drilling programs at Mrima. This estimate is based on the development of a conceptual interpretation of the available drilling data utilising a 1.0% TREO lower cut-off. This interpretation was subsequently constrained to the surveyed topographic surface and limited to a maximum depth of 80 metres below surface. TREO mineralisation however has been intersected at depths greater than 80 metres, implying a level of conservatism in the conceptual target. Further planned drilling will increase confidence and allow a deeper base to the Exploration Target.