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Sunday, 12/04/2011 1:47:50 PM

Sunday, December 04, 2011 1:47:50 PM

Post# of 31338
Rusty Ridge Property

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8264236

The Company’s interest in the Rusty Ridge property centers upon Iron-Oxide-Copper-Gold (IOCG) potential. The primary target is an interpreted mineralized deep-seated gravity/magnetic body hosted by a plutonic entity intruding volcanic rocks. KATX undertook a technical review and a proposal for a diamond drilling program for implementation in 2010. The Rusty Ridge property is approximately 2,100 hectares in size, situated on Crown land in proximity to the community of Bunyan’s Cove, Bonavista Peninsula. Mineral Exploration License Nos. 015991M, 016773M and 018404M, aggregating 155 claims, are all in good standing.
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