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Thursday, September 08, 2011 4:36:14 PM
The Zambian Copper belt is arguably the most significantly mineralized Neoproterozoic basin on Earth, preserving a truly spectacular scale of mineralization: in excess of 1 × 109 t of ore at ~2.7% copper http://geology.gsapubs.org/content/31/6/497.abstract ......So what does Kat and Vale have?
To process the North Lucky copper using Vale's state of the art Hydromet Copper processing facility in Long Harbor.....note....this new Vale plant will be able to process Copper at lower grades ...and do it much cheaper than the rest of the world.....it no longer uses the chemicals that others do....and in fact hydromet will skip the entire chemical step all together....... Here is what we know about Kats / Vales percentages of copper:
Kat Exploration Inc. (PINKSHEETS: KATX) has been busy uncovering new copper showings on its 100% wholly owned "Lucky" Property with very impressive malachite and chalcocite discovered in its latest trenching.
The trenching took place within the same horizon where recently discovered copper returned results of up to 2.5% CU strata bound within the more sandy beds of the sediments.
As digging was most difficult in the shattered rock zone, the trench was only excavated to approximately 2 meters with copper throughout the entire trench and continues at depth as the mineralized horizon containing the copper is up to 300 meters in places throughout the property.
Each new copper discovery on the "Lucky" property lends itself to significantly boosting its potential to a higher likelihood of acquiring a JV partner.
In recent months, the area where the "Lucky" property is located has drawn the interest of a major world class mining company and Kat will continue to bring both the North and South "Lucky" properties to their full potential.
http://ih.advfn.com/p.php?pid=nmona&cb=1267833742&article=41278356&symbol=NO%5EKATX
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