KAT Exploration Inc (KATX)

[Biochemist2002]

More MAJOR deals for hematite and magnetite iron ore deposits...hundreds of millions to billions of dollars.

Hematite mine valued at $65 billion. Joint Venture.
http://www.asiaminer.com/magazine/current-news/news-archive/117-may-2010/2626-australia-karara-hematite-off-take.html

Iron Ore mine (Mineral Rights Hematite Occurrence) for sale: $250 million
http://www.alibaba.com/product-free/109574421/Iron_Ore_mine_Mineral_Rights_Hematite.html

Iron Ore Mine for Sale in Brazil: $150 million
http://www.alibaba.com/product-free/112189597/Iron_Ore_Mine_for_Sale_in.html

Another big deal for hematite and magnetite deposits: billions of dollars
http://www.azom.com/news.asp?newsID=9930

Many more iron ore deposits for sale: million of dollars
http://www.alibaba.com/countrysearch/BR/iron-ore-hematite-mine-supplier.html

Feel free to Google the phrase(s):
hematite joint venture
magnetite joint venture
iron ore mine for sale

And here's some background on various iron ores:
http://www.mii.org/Minerals/photoiron.html

So, I wonder what exactly is causing the magnetic and gravity anomalies at Rusty Ridge...is it magnetite and/or hematie? Is it carrying copper with it? Will we find Rare Earth Elements? We will have to see.

"...we really don't care what minerals that the values are in. What's in a name ?? Who cares what the name is as long as the mine was profitable?"