Mozambique - TANTALUM.

Pacific Wildcat Resources Corp. entered into a Letter of Intent, dated October 4, 2007, with Bolan Holdings Limited (“Bolan”), an arm’s length private company incorporated in the Seychelles, whereby Pacific Wildcat Resources Corp. will acquire from Bolan all of the issued capital of Tantalum Mineracao e Prospeccao Limitada ("TMP"), a Mozambican company that owns certain mining leases and related assets in Mozambique.

TMP’s mining leases are situated in north-eastern Mozambique along a band of pegmatite rocks which have historically been the subject of tantalum production and exploration. The leases cover several tantalum occurrences including the currently dormant Muiane Mine and seven other previously mined areas. None of the leases have been subject to modern exploration techniques, however, the areas of previous mining activity provide delineated exploration targets, both near surface and at depth. The Company intends to engage RSG Global to complete a National Instrument 43-101 compliant technical report on the property interests and to report on historical reserves and resources on the property interests.

In addition to the leases, TMP’s assets include camp facilities, plant and equipment, and some preliminary site construction at Muiane as well as several vehicles.

Upon completion, the planned transaction with Bolan will position PAW as a new tantalum resource explorer with ownership of a significant ground position in Mozambique containing areas of historic tantalum mining and defined exploration targets. Mozambique is one of the fastest growing and more secure of the African economies driven primarily by large resource developments such as BHP Billiton’s Mosul and Corridor Sands projects and CVRD’s Moatize coal project.

The Company’s strategy will be to aggressively explore delineated targets on the TMP leases with the objective of increasing the existing resource base to a level sufficient to support a five year production plan, at a minimum. In order to achieve this objective, PAW has brought together an outstanding management team who have substantial financial and mining industry experience, some with particular expertise in the tantalite sector.

Longer term, the Company intends to become a major mine supplier to the tantalum market, building out from an operating base in Mozambique.