SOURCE: Wildwood Management Corp.

January 10, 2008 14:09 ET

Wildwood Management Corporation Receives Final Approval to Commence Ore Process Production on Telamayu Tailings Project (Bolivia)

VANCOUVER, BC--(Marketwire - January 10, 2008) - Wildwood Management Corporation (PINKSHEETS: WILDJ) has received the final approval from the government of Bolivia to begin production of ore on the Telamayu Tailings Project. The Telamayu Project, purchased from Comibol Mining, the state-owned mining operation in Bolivia, has an estimated 5,024,415 oz of silver (Ag) and 3,543,642 lbs of tin (Sn). Wildwood Management Corporation expects the ore processing plant to be in full production by mid February 2008. As indicated in the September 18, 2007 press release, the project is expected to provide 5,024,415 oz of silver and 3,543,642 lbs of tin over a 4 year period, the estimated time to process all the tailings at this site at 400 tons of ore per day.

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 Information

  • Contact:
    Wildwood Management Inc.
    Eise Deboer