Mining License Application for Mrima Hill Submitted and Current Special Prospecting License Extended for Three Years

Pacific Wildcat Resources Corp. (TSX VENTURE:PAW) ("PAW" or the "Company") is
pleased to announce that Cortec Mining Kenya ("CMK"), the registered holder of
Special Prospecting License 256 ("SPL"), has obtained a renewal of the SPL from
the Commissioner of Mines and Geology for a period of three years from December
1, 2011 to November 30, 2014. CMK has also advised the Company that it has
submitted an application to the Kenyan Ministry of Environment and Mineral
Resources for the grant a Mining License ("SML") for the Mrima Hill Niobium and
Associated Rare Earths project in Kenya. PAW has a conditional contract to
purchase an indirect 70% ownership interest in CMK.


The Company has been advised that the required documentation (including an
independent Environmental Impact Assessment report) in support of the
application for the SML and fees required by the Ministry have been submitted
and paid. 


On July 7, 2011, Sound Mining Solution, in conjunction with ExplorMine
Consultants of Johannesburg, South Africa completed an initial NI 43-101
compliant independent mineral resource estimate for Mrima Hill which reports
inferred mineral resources of 105.3 million tonnes at 0.65% Nb2O5 with a 0.2%
cutoff grade for a total of 690.5 million kilograms (1.519 billion pounds) of
contained Nb2O5 to a limited depth of 30 metres. Further details of the mineral
resource estimate are contained in the NI 43-101 technical report entitled
"National Instrument 43-101 Technical Report For the Initial Niobium Resource
Estimate - Mrima Hill Rare Earth/Niobium Project in Southern Kenya" prepared for
the Company effective August 15, 2011 and revised on September 30, 2011, which
can be found on SEDAR under the Company's issuer profile at www.sedar.com.


A significant portion of the Mrima Hill niobium inferred mineral resource is
high grade with 12.0 million tonnes at 1.21% Nb2O5 at a 1.00% cutoff grade for a
total of 145.2 million kilograms (319.4 million pounds) contained Nb2O5. 


Closing Comments

Pacific Wildcat Resources President & CEO, Darren Townsend said "We are very
pleased that the existing SPL has been extended for a period of three years and
that the SML application has been submitted. This is the culmination of
substantial work by PAW and CMK. We look forward to now moving towards closing
the Acquisition of the indirect 70% interest in the Mrima Hill project."


Qualified Person

The individuals who completed the niobium mineral resource estimate have
extensive experience in the mining and exploration industry and are members in
good standing of appropriate professional institutions are as follows:




--  Dr William (Bill) Northrop, PhD, Pr. Sci. Nat. (400164/87), FSAIMM,
    FGSSA, MGASA 
--  Mr. Andre Deiss, BSc (Hons), Pr. Sci. Nat. (400007/97), MSAIMM



Dr. Northrop and Mr. Deiss are competent person's registered with the South
African Council of Natural Scientists ("SACNASP") as well as with various mining
and geological professional bodies and are both qualified persons as defined
under NI 43-101. Both Dr. Northrop and Mr. Deiss have reviewed the content of
this press release and consent to its disclosure. 


Timothy David Major, BSc, MSc - Geology and Mineral Exploration. MAusIMM. Mr.
Major is a qualified person under NI 43-101, and as a Competent Person as
defined in the 2004 Edition of the 'Australasian Code for Reporting of
Exploration Results, Mineral Resources and Ore Reserves' has reviewed the
scientific and technical data and exploration data relating to the Mrima Hill
Project contained in this news release on behalf of the Company and consents to
its release. 


A Quality Assurance/Quality Control (QA/QC) program forms part of the drilling,
sampling and assay program on the Mrima Hill Project. This program includes
chain of custody protocol as well as systematic submittal of certified reference
materials and blank samples into the flow of samples produced by the drilling.
The results of the Company's drill program have been reviewed, verified
(including drill logs, assay certificates, test data and additional supporting
information sources) and compiled by the Company's Exploration Manager (Timothy
David Major, who is a qualified person for the purpose of NI 43-101 - Standards
of Disclosure for Mineral Projects). 


About Pacific Wildcat Resources Corp. - Pacific Wildcat is a TSX Venture
Exchange listed Canadian mineral exploration company having the trading symbol
"PAW". It has a producing Tantalum mine at Muiane in northern Mozambique where
it has the largest land position of over 450 square kilometers on the Alto
Ligonha pegmatite belt, the location of numerous historic Tantalum mines.


PAW's flagship project is located in Kenya where a conditional contract is in
place, whereby the Company has the right to acquire an indirect 70% interest in
the Mrima Hill Niobium and Rare Earth Project. This is an ex Anglo American and
Pechiney property the subject of extensive historic work. In July 2011, the
Company completed an initial NI 43-101 compliant inferred niobium resource
estimate of 105.3 million tonnes at 0.65% Nb2O5 for a total of 1.519 billion
pounds contained Nb2O5 to a depth of 30 metres from the surface. In addition,
substantial rare earths mineralization has been identified and work will
commence shortly on a Rare Earth Resource RC drilling program.


For information about Pacific Wildcat Resources Corp. and its development and
exploration activities shareholders and other interested parties are invited to
visit the company's website at www.pacificwildcat.com.


ON BEHALF OF THE BOARD OF DIRECTORS OF PACIFIC WILDCAT RESOURCES CORP.

Darren Townsend, President & CEO

Investors are cautioned that trading in the securities of Pacific Wildcat
Resources Corp. should be considered highly speculative. Cautionary note: This
press release contains forward looking statements, particularly those regarding
cash flow, capital expenditures, work programs, the estimation of mineral
resources and the Company's plans with respect to the exploration and
development of its projects and its investment plans. By their nature, forward
looking statements involve risk and uncertainties because they relate to events
and depend on factors that will or may occur in the future. Actual results may
vary depending upon exploration activities, industry production, commodity
demand and pricing, currency exchange rates, and, but not limited to, general
economic factors. There can be no assurance that the Company will be able to
obtain a mining licence or any of the permits that are required in order to
commence mining operations at the Mrima Hill Project. The rare earths historical
resource estimates is considered speculative and therefore noncompliant with
National Instrument 43-101 ("NI 43-101") reporting standards and should not be
relied upon. The Company is not treating the historical estimate as current
mineral resources or reserves. The Company has not undertaken any independent
investigation of the historic rare earths resource estimates. The Company
believes that these historical resource estimates provide a conceptual
indication of the potential of mineral occurrences within the project and are
relevant to ongoing exploration. The Company intends to confirm the historic
resource estimates through drilling as soon as possible.