SOURCE: Wildwood Management Corp.

February 28, 2008 15:41 ET

Wildwood Management Corp. Completes Agreement to Process Tailings on Pelcayo Tailings Properties in Bolivia

VANCOUVER, BC--(Marketwire - February 28, 2008) - Wildwood Management Corporation (PINKSHEETS: WILDJ) CEO Elizabeth F. Perez reports that the company has recently negotiated an agreement to process tailings on the Pelcayo Tailings Properties in Bolivia. The properties currently have 4 million tonnes of tailings that include approximately 1,032,055 ounces of silver and 40,641 ounces of gold for potential recovery. Management also reports that Wildwood is nearing completion of the upgrading of the tailing processing plant obtained from the Bolivian government. After the plant completes all necessary regulatory standards the company will begin production on the Telamayu Tailings Properties.

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.
    Elizabeth F. Perez
    President- CEO
    European Public Relations
    34-952903353 office
    34-952827276 fax