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Wildcat Silver spin out & Riva Gold

 Vancouver, B.C., July 20, 2010 - Wildcat Silver Corporation (TSX-V: WS) (“Wildcat” or “the Company”) and Riva Gold Corporation (“Riva”) are pleased to announce the completion of the acquisition of Mammoth Minerals Inc. (“Mammoth”) and spin out of Riva effective July 19, 2010. On closing, an aggregate of 10,500,000 Riva shares were issued to Mammoth shareholders and Wildcat distributed 9,392,653 of its 10,392,653 Riva shares to Wildcat shareholders on the basis of 0.098318 Riva shares per Wildcat share. Riva is now a reporting issuer in the provinces of British Columbia and Alberta.