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Rare Earth Element (REE) plus gold potential
<a href='http://usas1.advfn.com/oasis/oasisc.php?s=43&w=300&h=250&t=_blank' target='_blank'> <img alt="" src='http://usas1.advfn.com/oasis/oasisi.php?s=43&w=300&h=250&t=_blank' width="300" height="250" border="0" /></a>
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Rare Earth Element (REE) plus gold potential within altered peralkaline felsic volcanic rocks
Hole RR10-02 intersected variably altered and mineralized peralkaline felsic volcanic rocks throughout the upper 245 meters of the 344 meter long hole
the upper section of the drill hole from 30 to 40.1m. The analyses indicate a 7.5m interval from 30.0 to 37.5m having elevated rare earth elements and zircon
was drilled to a depth of 719.3 meters to test a coincident gravity and magnetics anomaly. The hole intersected mafic volcanic rocks, conglomerates and mafic intrusive rocks that contain indications of sub-economic copper mineralization throughout most of the drill hole (including native copper and chalcopyrite). The conglomerate unit is also strongly hematite altered, which could explain the gravity anomaly. The upper part of the magnetics geophysical anomaly is coincident with a thick magnetic mafic dyke.
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Ken Stead, President/CEO, states: "We are very encouraged by the presence of rare earth element rich rocks at Rusty Ridge and are eagerly awaiting the next batch of assays to find out just how consistent REE are at depth and if the grades improve. While there is much work yet to be carried out to determine the significance of this discovery, we feel we are in the very early stages of a most interesting project
http://ih.advfn.com/p.php?pid=nmona&article=45775153
KATX Handicap smack in the middle of an area identified by the Canadian Government's.... highest likelihood of finding valuable mineral deposits including gold, silver, copper, zinc and REEs in the entirety of Newfoundland. Smack in the middle!
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The information below is taken directly from the Canadian Government's Geological Survey of Canada (GSC) - the organisational responsible for carrying out the airborne survey - which information you can find for yourself at this website: cgc.rncan.gc.ca/gamma/exp97/index_e.php
So basically, we are smack in the middle of an area identified by the Canadian Government's own Geological Survey of Canada as having the highest levels of potassium enrichment and therefore the highest likelihood of finding valuable mineral deposits including gold, silver, copper, zinc and REEs in the entirety of Newfoundland. Smack in the middle!
Rick-UK
Thursday, March 18, 2010 7:19:20 PM
Re: A deleted message
Post # of 143160
Handcamp and High Potassium Enrichment
For those who are still following this conversation thread about gamma-ray spectrometry (and if you're not then I quite understand), I have discovered why the gamma ray survey found by Birdman Bob focuses on two specific areas of Newfoundland, of which one (called Figure 1) has our Handcamp smack in the middle. The information below is taken directly from the Canadian Government's Geological Survey of Canada (GSC) - the organisational responsible for carrying out the airborne survey - which information you can find for yourself at this website: http://cgc.rncan.gc.ca/gamma/exp97/index_e.php . As an introduction, here is what they say about the importance of gamma ray spectrometry...
...the proximity of potassium anomalies to mineralization provides evidence of significant fluid/rock interaction associated with the mineralizing event. The ability to map and quantify this potassium alteration, from the air and on the ground, has important implications for VHMS exploration and mapping.
Put simply, you can use gamma-ray maps to locate the radioactive elements potassium (K), uranium (U) and thorium (Th) and these elements (particularly potassium) are very good indicators of rare minerals such as gold. (This is a gross oversimplification and by the looks of the calculations you need to perform it takes a heck of a lot of expertise to read the data meaningfully, but it's basically true). The GSC goes on to explain that gamma-ray spectrometry can help locate...
uranium
granophile elements (Sn, W, etc.)
rare elements (Be, Zr, Y, etc.)
carbonatites (rare earth elements, P, Nb, etc.)
precious metals (Au, Ag, etc.)
base metals (Cu, Zn, etc.)
OK, so basically the GSC is saying that gamma ray spectrometry is a great indicator for everything we want and expect at Handcamp - gold, silver, copper, zinc and even REEs. That's good news! Now here's what the GSC says about those special areas Figure 1 (where Handcamp is located) and Figure 2 on their map of Newfoundland...
Flight lines were spaced at 1,000 metres. For the Great Gull Lake area (Figure 1) and Turks Volcanic Belt (Figure 2) detailed coverage was obtained using northwest-southeast oriented flight lines spaced at 330 and 500 metres respectively. The closer line spacing supports increased spatial resolution of radioactive element signatures.
and...
Airborne gamma ray spectrometry surveys have also detected areas of potassium enrichment associated with felsic volcanic sequences in several areas of central and north-central Newfoundland. These results prompted surveying of two areas with closer line spacing to improve anomaly resolution (Figures 1 and 2). Ground spectrometry studies in these and other areas have shown a strong association between elevated potassium concentrations and massive sulphide deposits.
So basically, we are smack in the middle of an area identified by the Canadian Government's own Geological Survey of Canada as having the highest levels of potassium enrichment and therefore the highest likelihood of finding valuable mineral deposits including gold, silver, copper, zinc and REEs in the entirety of Newfoundland. Smack in the middle!
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Seems like this stock has been here before....
The market is never wrong...
So tell just one time how did diamond field go from .20 to 165
Could not do it could you B402
Minerals are Hot and going to be as far as can be seen
If they were understood
The Market would have Responded
400 post the day before Christmas can panic that market with the help of a MM.....
And B402...You Need Numbers not GEO NEWFIE..Link Please
Show me one link that say these numbers are BAD
Katx REE numbers from RR hole 2
The 7.5m width intersection
0.164% TREO
0.051% HREO
0.113% LREO
0.268% zirconium dioxide
0.039% Nb205
0.022% rubidium
lanthanum..(LREO
cerium..(LREO
Who said the field work was disappointing...Geo Newfie?
When you look at the claims you will see that the payments are now made and applied to the claims for years....
And the names on the claims were Tim and Kens and they have now been moved in to Katx claims....
And as for not having money in the bank, the funds would be in a draw and would be for some type of performance, most likely not share price, but some sort of results... IMO...
Ok answer the questions.... why was the price so low if Diamond fields was so great.... why did the stead feel that they need the extra shares...
Tell us your opinion....
Or would they accumulate shares selling some, at the end of each day,,,,, making the price drop day after day.... until there were very few share holders, they could offer a JV to hold every one else at bay, force a NDA and seal off the news...
It would explain the extra shares that the Steads issued.... may not Vale but some other group or entities all trying to get a piece of the claims...
Some one tell me if the diamond field claim was so great and so well known how did the share price get so low before the buyout...?
From the start of the "air share" trades I have wondered what would happen when the DIV shares were ready to "hand out" It would be known who owned what shares as of a date, but when the shares have a certain number of days to settle how would that trace back after so many months,
I keep reading there are no shorts now, but that is not really the point, its what where the shorts on the date of distrubution.
How do those shares get treated? How many people would be affected.... how many people would need to be made whole?
If things like that did not happen in the business it would make you wonder why Katx might need the extra shares that were issued? It has been often posted how great the claim were at INCO and yet the share price went from .20 to $165..... How does that happen, not that, that what is expected to happen here. Just which companies were involved and what were the number of shares at the time....
Well put, KATX waiting on the 10-K as a first step IMO
Mr Barnes has done this rodeo before...
Woo Hoo We Good!! To da Moon baby!!! KATX coming from the "get smart" avatar.....funny
KATX a 9 act gold and copper Play....raise the curtain....
wonder if the opening act will be Rusty Ridge REE....
KATX CABOT gold and copper excellent......also huge!!!
KATX Handicap smack in the middle of an area identified by the Canadian Government's.... highest likelihood of finding valuable mineral deposits including gold, silver, copper, zinc and REEs in the entirety of Newfoundland. Smack in the middle!
Quote:
--------------------------------------------------------------------------------
The information below is taken directly from the Canadian Government's Geological Survey of Canada (GSC) - the organisational responsible for carrying out the airborne survey - which information you can find for yourself at this website: cgc.rncan.gc.ca/gamma/exp97/index_e.php
So basically, we are smack in the middle of an area identified by the Canadian Government's own Geological Survey of Canada as having the highest levels of potassium enrichment and therefore the highest likelihood of finding valuable mineral deposits including gold, silver, copper, zinc and REEs in the entirety of Newfoundland. Smack in the middle!
Rick-UK
Thursday, March 18, 2010 7:19:20 PM
Re: A deleted message
Post # of 143160
Handcamp and High Potassium Enrichment
For those who are still following this conversation thread about gamma-ray spectrometry (and if you're not then I quite understand), I have discovered why the gamma ray survey found by Birdman Bob focuses on two specific areas of Newfoundland, of which one (called Figure 1) has our Handcamp smack in the middle. The information below is taken directly from the Canadian Government's Geological Survey of Canada (GSC) - the organisational responsible for carrying out the airborne survey - which information you can find for yourself at this website: http://cgc.rncan.gc.ca/gamma/exp97/index_e.php . As an introduction, here is what they say about the importance of gamma ray spectrometry...
...the proximity of potassium anomalies to mineralization provides evidence of significant fluid/rock interaction associated with the mineralizing event. The ability to map and quantify this potassium alteration, from the air and on the ground, has important implications for VHMS exploration and mapping.
Put simply, you can use gamma-ray maps to locate the radioactive elements potassium (K), uranium (U) and thorium (Th) and these elements (particularly potassium) are very good indicators of rare minerals such as gold. (This is a gross oversimplification and by the looks of the calculations you need to perform it takes a heck of a lot of expertise to read the data meaningfully, but it's basically true). The GSC goes on to explain that gamma-ray spectrometry can help locate...
uranium
granophile elements (Sn, W, etc.)
rare elements (Be, Zr, Y, etc.)
carbonatites (rare earth elements, P, Nb, etc.)
precious metals (Au, Ag, etc.)
base metals (Cu, Zn, etc.)
OK, so basically the GSC is saying that gamma ray spectrometry is a great indicator for everything we want and expect at Handcamp - gold, silver, copper, zinc and even REEs. That's good news! Now here's what the GSC says about those special areas Figure 1 (where Handcamp is located) and Figure 2 on their map of Newfoundland...
Flight lines were spaced at 1,000 metres. For the Great Gull Lake area (Figure 1) and Turks Volcanic Belt (Figure 2) detailed coverage was obtained using northwest-southeast oriented flight lines spaced at 330 and 500 metres respectively. The closer line spacing supports increased spatial resolution of radioactive element signatures.
and...
Airborne gamma ray spectrometry surveys have also detected areas of potassium enrichment associated with felsic volcanic sequences in several areas of central and north-central Newfoundland. These results prompted surveying of two areas with closer line spacing to improve anomaly resolution (Figures 1 and 2). Ground spectrometry studies in these and other areas have shown a strong association between elevated potassium concentrations and massive sulphide deposits.
So basically, we are smack in the middle of an area identified by the Canadian Government's own Geological Survey of Canada as having the highest levels of potassium enrichment and therefore the highest likelihood of finding valuable mineral deposits including gold, silver, copper, zinc and REEs in the entirety of Newfoundland. Smack in the middle!
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KATx uplisting to KATg/BVIG[
Right you keep telling us that they only spent 2 million....
Tell how long does it take you to audit 2 million....
Great Map Tink.....The Newfoundland BonaVista Gold Rush....
Excellent Summary..KATX DD not just your opinion mine as well....
OK you prove that it is not .....I think the Canadian government knows.....How many Handicamps there are read the intro to the BC reports....
KATX Handicamp 2.27 million metric tons ore
Cu: 2.62 percent
Au: 1.34 grams/metric ton
Ag: 56 grams/metric ton
http://apps1.gdr.nrcan.gc.ca/gsc_minerals/gquerycache/vms/DP/dp176.html
Resources (NRCan) does not warrant or guarantee the accuracy, completeness or fitness for any purpose of Reserve and Resource information (Data) contained in this database, including whether the Data is compliant with any securities regulations or standards, and NRCan does not assume any liability with respect to any damage or loss incurred as a result of the use made of the Data.
Resource and reserve figures are historical in nature. The Data source provided with each set of figures should be cited if the Data are re-reported.
Maybe we Great..GO KATX low volume large spike....news is on the way IMO....
KATX VALE INCO....New Vale President....connect the dots connect all the players.........
http://www.bloomberg.com/news/2011-04-05/vale-names-ferreira-ceo-as-agnelli-leaves-after-criticism.html
Agreed Accumelate KATX news soon IMO
Excellent Source of KATX DD Thanks explains the poop and scoop
KATX Olymipic Dam depth yes it may be that deep but it is not...
we have excellent targets...LMAO
Exploration geophysics Magnetite-rich systems can be readily recognized by aeromagnetic or ground magnetic surveys although surrounding country rocks that contain significant amounts of magnetite may complicate interpretation (for example, Kiruna area). Magnetite-dominated deposits in Missouri, for example, are associated with high-amplitude positive magnetic anomalies (Kisvarsanyi, 1981). Hematite-rich systems may have little magnetic expression. However, because both magnetite and hematite enriched rocks are much more dense than host rocks, they may be detectable by gravity surveys. Large deposits may be located on major lineaments that can be detected on satellite imagery. The unexposed Olympic Dam deposit, for example, was partly discovered because of its association with coincident positive gravity and magnetic anomalies and location on a major photolineament (Hoover and Cordell, 1992). Deposits that have high sulfide mineral content can be detected by electrical methods.
KATX RR a OD rare earth element-niobium deposit?? waiting on news This is geologic confusion, you are both right depending on when the changed the classification... this from 1995
subeconomic Cu-Au mineralization ....The bulk of the subeconomic Cu-Au mineralization is associated with the hematitic alteration assemblages
The oxidized brines may have contributed additional copper and gold to the system in addition to upgrading preexisting subeconomic Cu-Au mineralization
The lack of significant copper mineralization associated with magnetite-forming fluids that carried copper suggests that there was no effective mechanism of saturation of copper minerals or the quantity of these fluids was not sufficient to produce appreciable copper mineralization. Association of the copper-gold mineralization with the hematitic alteration in the subeconomic prospects can be explained by a two-stage model in which preexisting hydrothermal magnetite with minor associated copper-gold mineralization was flushed by late-stage oxidized brines that had extensively reacted with sedimentary or metamorphic rocks. The reduction of these brines, driven by conversion of magnetite to hematite, resulted in precipitation of copper and gold. The oxidized brines may have contributed additional copper and gold to the system in addition to upgrading preexisting subeconomic Cu-Au mineralization. When compared to published models for the Olympic Dam deposit, the new data for fluids in subeconomic Fe-oxide Cu-Au prospects of the Olympic Dam district indicate the diversity of origins of iron oxide-copper-gold systems, even within the same geologic region.
The last time moved this slow the T trades were on?
You sure look different from the side..... LOL...
Who said they wanted slow and steady.....and sideways...
The part of me was looking for the irony of new either way on April First....
Looks like nothing new have a good weekend everyone....GLTA
You think he means 2:30?
Tell me again why would a billion dollar company JV with a small exploration Co....112,000,000 dollar paper...loss....cover a lot of claims........LOL...maybe we not good we great....
Maybe the Queen is right
Disclaimer - Reserves/Resource Data
Her Majesty the Queen in Right of Canada, represented by the Minister of Natural Resources (NRCan) does not warrant or guarantee the accuracy, completeness or fitness for any purpose of Reserve and Resource information (Data) contained in this database, including whether the Data is compliant with any securities regulations or standards, and NRCan does not assume any liability with respect to any damage or loss incurred as a result of the use made of the Data.
Resource and reserve figures are historical in nature. The Data source provided with each set of figures should be cited if the Data are re-reported.
WORLD MINERAL DEPOSIT DATABASES
Society of Economic Geologists and Geological Survey of Canada
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http://apps1.gdr.nrcan.gc.ca/gsc_minerals/gquerycache/vms/DP/dp176.html
Deposit number
Country
Location
Names
Commodities
176
Canada (Newfoundland and Labrador)
49.16.55 N -- 056.04.50 W
Handcamp
Cu; Au; Ag
2.27 million metric tons ore; Combined with production?: no; Provisional entry?: no; Resource category: geological resource
Grade-commodity information:
Cu: 2.62 percent
Au: 1.34 grams/metric ton
Ag: 56 grams/metric ton
Reference: Franklin, J. M.; Gibson, H. L.; Jonasson, I. R.; Galley, A. G., 2005: Volcanogenic Massive Sulphide Deposits; Appendices on CD-ROM, Section [Franklin] Volcanogenic Massive Sulfide Deposits, in Economic Geology 100th Anniversary Volume, Edited by Hedenquist, J. W.; Thompson, J. F. H.; Goldfarb, R. J.; Richards, J. P., Special Volume, Society of Economic Geology, 1146 p., 1 disks
Percent weights allocated to deposit: 100.0%