Wildcat Silver Extends Expiry for Outstanding Warrants

Wildcat Silver Corporation (CNQ:WILD) ("Wildcat" or the "Company") is pleased to
announce the extension of the expiry date of 6,200,000 outstanding share
purchase warrants, expiring on the earlier of (i) August 31, 2008 or (ii) the
date which is 90 calendar days from the date of listing on a stock exchange or a
trading and quotation system not including the Canadian Trading & Quotation
system Inc. (the "CNQ") to the later of (i) September 30, 2008 or (ii) the date
which is 30 calendar days from the date of listing on a stock exchange or a
trading and quotation system not including the CNQ. All other terms and
conditions remain unchanged.


ABOUT WILDCAT SILVER CORPORATION - Wildcat is developing the Hardshell silver
project in Santa Cruz County, Arizona, USA. The Hardshell property is held by
Arizona Minerals Inc., of which Wildcat is an 80 percent owner. The Company
completed a 6,786 foot drill program in January 2008 after publishing a positive
preliminary assessment ("PA") by Pincock Allen & Holt in 2007. The PA cited a
substantial inferred resource of nearly 1.2 billion pounds of manganese along
with 53.5 million ounces of silver (10.3 million tons @ 6.26% manganese and 5.18
ounces per ton silver). Wildcat trades on the CNQ Exchange in Canada under the
symbol WILD.


For additional information please visit www.wildcatsilver.com.

On behalf of the Board of Directors,

Chris Jones, Chief Executive Officer

FORWARD LOOKING STATEMENTS

The statements that are not historical facts are forward-looking statements
involving known and unknown risks and uncertainties that could cause actual
results to vary materially from targeted results. Such risks and uncertainties
include those described from time to time in the Corporation's latest annual
report and management discussion and analysis. The Corporation assumes no
obligation to publicly update any forward-looking statements, whether as a
result of new information, future events or otherwise.

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