Purchases Telamayu Tailings Properties in BoliviaAugust 8, 2007
Wildwood Management Corporation Purchases Telamayu Tailings Properties in Bolivia
Wildwood Management Corporation (PINKSHEETS: WILDJ) has completed a transaction to acquire the Telamayu Tailings Project in Bolivia.Wildwood has purchased the Telamayu Tailings Project from Comibol Mining, the state-owned mining operation in Bolivia. There are 470,000 tones of tailings in Telamayu, Bolivia. The tailings have an estimated 5,024,415 oz of silver (Ag) and 3,543,642 lbs of tin (Sn). The production on this project is expected to last for approximately 4 years with an estimated net profit before taxes of $16,241,175. Wildwood Management is considering leasing or purchasing one of 2 targeted concentrate processing plants in Bolivia. The plant would be capable of processing up to 400 tones of ore per day. The Telamayu project presents an incredible opportunity for the long-term success of Wildwood Management Corporation. Additional information on the Telamayu Project will be made available on the Company website at www.wildwoodman.com.
www.wildwoodman.com
About Wildwood Management Corp.
Wildwood Management Corp. is an established mining, exploration and development company. Our mission is to create shareholder value by achieving growth through robust acquisition and exploration programs and low-cost production.
Wildwood continues to maintain excellent community relations and a commitment to responsible environmental practices. The company has a strong management team and an effective board dedicated to excellence in corporate governance. We are committed to a dynamic exploration and development program.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.
Contact:
Wildwood Management Inc.
Eise Deboer
CEO
(604)-601-5615
European Public Relations
34-952903353 office
34-952827276 fax
Source: Market Wire (August 8, 2007 - 9:00 AM EST)