One green day at a time!
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"Stick to one property at a time"....no!....lol...are you dizzy?....that's hapend before!.....My guess is when you eat you dinner ...you finish one portion and then the next....Well Kat has nine propertys.....it's kind of like that song .....One, two, three, four, five, everybody in the car so come on let's ride.....
To the liquor store around the corner.
The boys say they want some gin and juice but I really don't wanna.
Beerbust like I had last week.
I must stay deep 'cause talk is cheap.
I like Angela, Pamela, Sandra and Rita.
And as I continue, you know they're getting sweeter.
So what can I do? I really beg you my Lord.
To me flirting is just like a sport.
Anything fly, it's all good let me dump it.
Please set it in the trumpet.
Chorus
A little bit of Monica in my life,
A little bit of Erica by my side.
A little bit of Rita's all I need,
A little bit of Tina's all I see.
A little bit of Sandra in the sun,
A little bit of Mary all night long.
A little bit of Jessica here I am,
A little bit of you makes me your man!!!!!!!!
Mambo number five.
Verse 2
Jump up and down and move it all around.
Shake your head to the sound, put your hands on the ground.
Take one step left and one step right.
One to the front and one to the side.
Clap your hands once and clap your hands twice
And if it look like this then you're doing it right.
Chorus
A little bit of Monica in my life,
A little bit of Erica by my side.
A little bit of Rita's all I need,
A little bit of Tina's all I see.
A little bit of Sandra in the sun,
A little bit of Mary all night long.
A little bit of Jessica here I am,
A little bit of you makes me your man!!!!!!!!
Bridge
Trumpet, the trumpet.
Mambo number five, ha, ha, ha.
Chorus
A little bit of Monica in my life,
A little bit of Erica by my side.
A little bit of Rita's all I need,
A little bit of Tina's all I see.
A little bit of Sandra in the sun,
A little bit of Mary all night long.
A little bit of Jessica here I am,
A little bit of you makes me your man!!!!!!!!
Outro
I do all to fall in love with a girl like you.
Cause you can't run and you can't hide.
You and me gonna touch the sky.
Mambo number five.
Thanks mappo....some tend to forget all the truly great things about this company when a groop of profesionaly trained highly tallented doubt creators saying 'the sky is falling ..the sky is falling"...while others try to convince folks a property with drill results and 3-4 drill programs along with a million dollars spent are worthless one day and only have value the very next day when a repoert is completed or optiton agreements with the larget mining companys in the world are meaningless or money never showed up while all the sprnding done proves it otherwise or say a drill core is a dud before the results come back.....I coud go on and one with examples. but I think you see my point
The drill cores are what make up a ni.... and we have them ....when the sky blue...we dont need a government approved report to tell us "the sky is Blue",,,,,when I go to the grocery store and by less and less with the same dollar I don't need to see a government aproved report to know that there is growing inflation "Inflation is up"..... The "Cabot Property," with its significant new Copper/Cobalt/Gold discoveries, is a prime example that tremendous potential still remains for new discoveries in this prolific mining region. /////////////////////////////////////////////////////////////////////// it's the Gold potential that is most attractive. One drill hole intersected 40 meters of anomalous gold along with one meter averaging 10 grams per ton. A number of recently discovered quartz veins have produced results of 10 grams of gold per ton with the highest reaching as high as 12 oz/ton. These are the kind of properties KAT Exploration is looking for as it continues to move forward and bring real value to its shareholders. KAT Exploration will continue to have interest in obtaining gold, copper, silver and other minerals that would prove to be substantial assets for the company. Multi-mineral ore deposits are where our focus has always been and will remain." http://www.katexploration.com/Graphics/properties/kate/TH_cabot%20pics%20011.jpg http://www.katexploration.com/Graphics/properties/kate/cabot%20pics%20018.jpg /////////////// significant new Copper/Cobalt/Gold discoveries, //////////////http://www.katexploration.com/Graphics/properties/kate/cabot%20pics%20026.jpg
....CABOT HAS A NEW UP ICE DISCOVERY ......high as 12 oz/ton. These are the kind of properties KAT Exploration is looking for ..............KAT IS SAYING "thatswhatIamtalkinabout". ................................................... One drill hole intersected 40 meters of anomalous gold along with one meter averaging 10 grams per ton. A number of recently discovered quartz veins have produced results of 10 grams of gold per ton with the highest reaching as high as 12 oz/ton. These are the kind of properties KAT Exploration is looking for as it continues to move forward and bring real value to its shareholders. KAT Exploration will continue to have interest in obtaining gold, copper, silver and other minerals that would prove to be substantial assets for the company. Multi-mineral ore deposits are where our focus has always been and will remain."
Plus there was some more recent drilling done here is a quote from the Cabot link on Kat's website "Subsequent prospecting in the days that followed was successful in locating the bedrock source a distance of 200 meters up ice to the northwest. A number of recently discovered quartz veins have produced results of 10 grams of gold per ton with the highest reaching as high as 12 oz/ton. http://www.katexploration.com/index.php?option=com_content&view=article&id=78&Itemid=174
If you read through the old geo reports also by famed Dennis Woods from Surry you will see that this Cabot (Discovrry) has been moved by "up ice"......meaning the ice flow moved it down ice!....and the (source)...was found!....an this (NEW) Source discovery area is where several drill cores found the super high VG Gold and it is those photos that are highlighted in the option pr ////////////////////////////////////////////////////////////////////////// The "Cabot Property," with its significant new Copper/Cobalt/Gold discoveries, is a prime example that tremendous potential still remains for new discoveries in this prolific mining region. The Cabot zone consists of a discrete, intensely chloritized and moderately sericitized zone hosting an estimated 10-25% stringer/stockwork sulfides. The zone is interpreted to represent a feeder stockwork pipe commonly associated with volcanogenic massive sulfide deposits. The Cabot Zone had been tested with several past drill holes averaging 0.39% Cu over 21.6 meters with internal intervals grading up to 0.90% Cu over 5.78 meters. The best grade intersections over an appreciable width encountered 1.90% Copper over 2.78 meters and 1.33% copper over 3.66 meters respectively.
One mineralized zone exposed on surface, varies between 25-30 meters wide and a strike length of 700 meters. A rough calculation has indicated 18 to 20 million tons of low grade copper ore, with cobalt as a complementary mineral, together averaging approximately ½%. There are large areas of the properties unexplored with no drill testing that has the potential to increase the volume of ore significantly.
Ken Stead, President/CEO, states, "We have been in negotiations for the past several months in trying to acquire this property and very excited we've closed the deal. However, while we are excited about the Copper/Cobalt content, it's the Gold potential that is most attractive. One drill hole intersected 40 meters of anomalous gold along with one meter averaging 10 grams per ton. A number of recently discovered quartz veins have produced results of 10 grams of gold per ton with the highest reaching as high as 12 oz/ton. These are the kind of properties KAT Exploration is looking for as it continues to move forward and bring real value to its shareholders. KAT Exploration will continue to have interest in obtaining gold, copper, silver and other minerals that would prove to be substantial assets for the company. Multi-mineral ore deposits are where our focus has always been and will remain."
Over the next day or so, a full write-up and photos of the Cabot properties will be uploaded to the KAT Exploration website for investor viewing.
This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Kat Exploration to be materially different from the statements made herein.
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Read this pr carefuly. And all the PDF'S ...what you will find is their is no mantion of needing to "Drill it off" .....we have all the drill data neeeded, Kat has had it's Sr. Geoligest compiling a report. http://ih.advfn.com/p.php?pid=nmona&article=43652485 http://www.katexploration.com/Graphics/properties/kate/Cabot%20Brochure.pdf
I have been doing much research in to this, and the best way I can explain it is like this....Ya know how you gat in the shower and the water hits your skin, and all the dirt all goes down the drain?....Well that happens with minneral deposits too. weather can move minneral deposits. ...with copper deposits on your pipes in your basement it's easy to see, it leaves a trail. We have all seen photos from indide a cave too...drip drop drop goes the water and pretty soon "no actually a very lomg time but "pretty soon" just soundd better their".... there is this spike growing up from the cave floor, it keeps growing like that till it meets up with the spike growing fown from the top of the cave, then they change it's name lol.....this reminds me now I gotta go get that green bottle of lime away and clean around my leeky sink...he he he he
We don't have to...sheeesh...you can add can't ya ...just go through the money spent....I believe after the hurricane they also had to even build a road to rr
In most rare earth deposits, the first four REE (LIGHT REE)- La, Ce, Pr, and Nd - constitute 80 to 99 percent of the total. ............So the hevy ree....aka...h-ree ..are normaly 1% to 20% if you invert the presentages above....20% of the HEVY ones would be at the top of the scale...............................But here is what I think........it is the sheer size of the rusty deposot that is the most important to concider.....4 kilometers x 12 kilometers.....if we come up with a total deposit ....with the combined values....(ADDING)....all of them together...and that total number...equaling a ammount great enough to justify a MINE!....That is all that matters
.In this companys report there braging over total ree amounts of .........."for a combined rare earth element content of 3.55% over 48.64 m.////////(2.2% REE over 144m)////////
(2.92% REE over 72m).
..................................................................................................... http://www.futurespros.com/analysis/futures-commentary/wicheeda-lake-rees--25362 .......The highest grade intersections from the 2008 program include a 48.64m interval in hole 2008-02 which averaged 13,570 parts per million (ppm) (1.36%) cerium, 17,806 ppm (1.78%) lanthanum, 1,344 ppm (.13%) praseodymium and 2,780 ppm (.28%) neodymium for a combined rare earth element content of 3.55% over 48.64 m.
/////////////////////////////////////////////////////////////////////////////////////////////////////////////////////// Examples of some of the intersections are 144m averaging 12,924 ppm (1.3%) Cerium, 6,403 ppm (.64%) Lanthanum and 2,599 ppm (.26%) Neodymium in hole 2009-09 (2.2% REE over 144m) and 72m averaging 18,310 ppm (1.83 %) Cerium), 7,296 ppm (.73%) Lanthanum and 3,547 ppm (.35%) Neodymium in hole 2009-07 (2.92% REE over 72m).
/////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////// The style of mineralization thus far observed, is consistent with known occurrences of REE mineralization within the region. As previously stated, all core from the first two holes is currently being assayed.”
http://www.futurespros.com/analysis/futures-commentary/wicheeda-lake-rees--25362 The rare earths are a group of 17 elements comprising Scandium, Yttrium, and the Lanthanides. The Lanthanides are a group of 15 (Cerium, Dysprosium, Erbium, Europium, Gadolinium, Holmium, Lanthanum, Lutetium, Neodymium, Praseodymium, Samarium, Terbium, Thorium, Thulium, Ytterbium) chemically similar elements with atomic numbers 57 through 71, inclusive.
Yttrium, atomic number 39, isn’t a lanthanide but is included in the rare earths because it often occurs with them in nature - it has similar chemical properties. Scandium, atomic number 21 is also included in the group although it usually occurs only in minor amounts.
The most abundant rare earth elements (REE) are each found in the earth’s crust in amounts equal to nickel, copper, zinc, molybdenum, or lead - Cerium is the 25th most abundant element of the 78 common elements in the Earth’s crust. Even the two least abundant REEs (Thulium, Lutetium) are nearly 200 times more common than gold. Overall Rees have an abundance greater than silver and similar amounts to copper and lead.
The “rare” in rare earth elements came from frustrated 19th century chemists who decided they were uncommon after trying to isolate these atomically very similar elements. REES are also very hard to find in economic concentrations.
The Lanthanides are divided into light rare elements, LREE, and heavy rare earth elements, HREE....................................... Light REE's are made up of the first seven elements of the lanthanide series - Lanthanum (La, atomic number 57), Cerium (Ce, atomic number 58), Praseodymium (Pr, atomic number 59), Neodymium (Nd, atomic number 60) Promethium (Pm, atomic number 61) and Samarium (Sm, atomic number 62).
HREEs are made up of the higher atomic numbered elements - Europium (EU, atomic number 63), Gadolinium (Gd, atomic number 64), Terbium (TB, atomic number 65), Dysprosium (Dy, atomic number 66), Holmium (Ho, atomic number 67), Erbium (Er, atomic number 68), Thulium (Tm, atomic number 69), Ytterbium (Yb, atomic number 70) and Lutetium (Lu, atomic number 71).
REEs with even atomic numbers have greater abundance than their odd numbered cousins. LREEs are more incompatible with other minerals and this makes them more strongly concentrated in the earth’s crust than the HREEs. In most rare earth deposits, the first four REE - La, Ce, Pr, and Nd - constitute 80 to 99 percent of the total.
REEs occur in a wide range of igneous, sedimentary and metamorphic rocks and in a broad range of mineral types including halides, carbonates, oxides and phosphates. But REE deposits are most commonly associated with late-stage vein and replacement mineralization either within carbonatites or the surrounding host rock. Most carbonatites are intrusive igneous rocks, this means that the rock masses contain more than 50% carbonate minerals, and cooled from a melt.
According to the geological literature there are about 600 known occurrences of carbonatites worldwide, but almost all are small and noncommercial.
The principal economic sources of rare earths are the minerals bastnasite, monazite, and xenotime. Bastnasite and monazite are the primary source of LREE (Ce,La,and Nd) with monazite containing less La, more Nd and some HREE. Xenotime is dominated by the heavier HREE including y, Dy, Er, Yb, and Ho.
The bulk of the world's supply of rare earth elements comes from the mineral bastnasite. Bastnasite is a mixed lanthanide fluoro-carbonate mineral (Ln F CO3) that’s found in carbonatites.
Monazite, the single most common REE mineral generally contains elevated levels of thorium (Th). Thorium itself is only weakly radioactive but is accompanied by highly radioactive products like radium that can accumulate during processing.
Uses
Many REE applications are highly specific and substitutes are inferior or unknown:
•Color cathode-ray tubes and liquid-crystal displays used in computer monitors and televisions employ europium as the red phosphor
•Terbium is used to make green phosphors for flat-panel TVs and lasers
•Lanthanum is critical to the oil refining industry, which uses it to make a fluid cracking catalyst that translates into a 7% efficiency gain in converting crude oil into refined gasoline
•Rechargeable batteries
•Automotive pollution control catalysts
•Neodymium is key to the permanent magnets used to make high-efficiency electric motors. Two other REE minerals - terbium and dysprosium – are added to neodymium to allow it to remain magnetic at high temperatures
•Fiber-optic cables can transmit signals over long distances because they incorporate periodically spaced lengths of erbium doped fiber that function as laser amplifiers
•Cerium oxide is used as a polishing agent for glass. Virtually all polished glass products, from ordinary mirrors and eyeglasses to precision lenses, are finished with CeO2
•Gadolinium is used in solid-state lasers, computer memory chips, high-temperature refractories, cryogenic refrigerants
•Used in improving high-temperature characteristics of iron, chromium, and related alloys
•Y, La, Ce, Eu, Gd, and Tb are used in the new energy-efficient fluorescent lamps. These energy-efficient light bulbs are 70% cooler in terms of the heat they generate and are 70% more efficient in their use of electricity
•REEs are used in metallurgy as an alloying agent to desulphurise steels, as a nodularising agent in ductile iron, as lighter flints and as alloying agents to improve the properties of superalloys and alloys of magnesium, aluminium and titanium
•Rare-earth elements are used in the nuclear industry in control rods, as dilutants, and in shielding, detectors and counters
•Rare metals lower the friction on power lines, thus cutting electricity leakage
Rare earths are not listed on a metals exchange and there is no set or official price for REEs or their compounds. The buying and selling of REEs happens on a company-to-company basis. Essentially they are traded one deal at a time.
China
China has 53 percent of the world’s REE deposits and supplies 97 percent of the global demand for rare earth elements.
Tighter limits on production and lowered export quotas are being put in place to ensure China has the necessary supply for its own technological and economic needs.
China’s export quota has been decreasing. In 2006 volume dropped to 48,000 tonnes. In 2007 volume dropped to 43,574 tonnes, in 2008 volume dropped to 40,987 tonnes and in 2009 to 33,300 tonnes.
In a hunt to secure jobs, and access to advanced technologies, the Chinese have forced manufacturers needing access to REEs to make their products in China.
In the last 10 years the global market for rare earth elements has grown to 125,000 tons per year and by 2014 demand is predicted to reach 200,000 tons per year. Many experts are predicting that the Chinese will be internally consuming most of their own rare earth production by about 2014.
.In this companys report there braging over total ree amounts of .........."for a combined rare earth element content of 3.55% over 48.64 m.////////(2.2% REE over 144m)////////
(2.92% REE over 72m).
..................................................................................................... http://www.futurespros.com/analysis/futures-commentary/wicheeda-lake-rees--25362 .......The highest grade intersections from the 2008 program include a 48.64m interval in hole 2008-02 which averaged 13,570 parts per million (ppm) (1.36%) cerium, 17,806 ppm (1.78%) lanthanum, 1,344 ppm (.13%) praseodymium and 2,780 ppm (.28%) neodymium for a combined rare earth element content of 3.55% over 48.64 m.
/////////////////////////////////////////////////////////////////////////////////////////////////////////////////////// Examples of some of the intersections are 144m averaging 12,924 ppm (1.3%) Cerium, 6,403 ppm (.64%) Lanthanum and 2,599 ppm (.26%) Neodymium in hole 2009-09 (2.2% REE over 144m) and 72m averaging 18,310 ppm (1.83 %) Cerium), 7,296 ppm (.73%) Lanthanum and 3,547 ppm (.35%) Neodymium in hole 2009-07 (2.92% REE over 72m).
/////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////// The style of mineralization thus far observed, is consistent with known occurrences of REE mineralization within the region. As previously stated, all core from the first two holes is currently being assayed.”
http://www.futurespros.com/analysis/futures-commentary/wicheeda-lake-rees--25362 The rare earths are a group of 17 elements comprising Scandium, Yttrium, and the Lanthanides. The Lanthanides are a group of 15 (Cerium, Dysprosium, Erbium, Europium, Gadolinium, Holmium, Lanthanum, Lutetium, Neodymium, Praseodymium, Samarium, Terbium, Thorium, Thulium, Ytterbium) chemically similar elements with atomic numbers 57 through 71, inclusive.
Yttrium, atomic number 39, isn’t a lanthanide but is included in the rare earths because it often occurs with them in nature - it has similar chemical properties. Scandium, atomic number 21 is also included in the group although it usually occurs only in minor amounts.
The most abundant rare earth elements (REE) are each found in the earth’s crust in amounts equal to nickel, copper, zinc, molybdenum, or lead - Cerium is the 25th most abundant element of the 78 common elements in the Earth’s crust. Even the two least abundant REEs (Thulium, Lutetium) are nearly 200 times more common than gold. Overall Rees have an abundance greater than silver and similar amounts to copper and lead.
The “rare” in rare earth elements came from frustrated 19th century chemists who decided they were uncommon after trying to isolate these atomically very similar elements. REES are also very hard to find in economic concentrations.
The Lanthanides are divided into light rare elements, LREE, and heavy rare earth elements, HREE. Light REE's are made up of the first seven elements of the lanthanide series - Lanthanum (La, atomic number 57), Cerium (Ce, atomic number 58), Praseodymium (Pr, atomic number 59), Neodymium (Nd, atomic number 60) Promethium (Pm, atomic number 61) and Samarium (Sm, atomic number 62).
HREEs are made up of the higher atomic numbered elements - Europium (EU, atomic number 63), Gadolinium (Gd, atomic number 64), Terbium (TB, atomic number 65), Dysprosium (Dy, atomic number 66), Holmium (Ho, atomic number 67), Erbium (Er, atomic number 68), Thulium (Tm, atomic number 69), Ytterbium (Yb, atomic number 70) and Lutetium (Lu, atomic number 71).
REEs with even atomic numbers have greater abundance than their odd numbered cousins. LREEs are more incompatible with other minerals and this makes them more strongly concentrated in the earth’s crust than the HREEs. In most rare earth deposits, the first four REE - La, Ce, Pr, and Nd - constitute 80 to 99 percent of the total.
REEs occur in a wide range of igneous, sedimentary and metamorphic rocks and in a broad range of mineral types including halides, carbonates, oxides and phosphates. But REE deposits are most commonly associated with late-stage vein and replacement mineralization either within carbonatites or the surrounding host rock. Most carbonatites are intrusive igneous rocks, this means that the rock masses contain more than 50% carbonate minerals, and cooled from a melt.
According to the geological literature there are about 600 known occurrences of carbonatites worldwide, but almost all are small and noncommercial.
The principal economic sources of rare earths are the minerals bastnasite, monazite, and xenotime. Bastnasite and monazite are the primary source of LREE (Ce,La,and Nd) with monazite containing less La, more Nd and some HREE. Xenotime is dominated by the heavier HREE including y, Dy, Er, Yb, and Ho.
The bulk of the world's supply of rare earth elements comes from the mineral bastnasite. Bastnasite is a mixed lanthanide fluoro-carbonate mineral (Ln F CO3) that’s found in carbonatites.
Monazite, the single most common REE mineral generally contains elevated levels of thorium (Th). Thorium itself is only weakly radioactive but is accompanied by highly radioactive products like radium that can accumulate during processing.
Uses
Many REE applications are highly specific and substitutes are inferior or unknown:
•Color cathode-ray tubes and liquid-crystal displays used in computer monitors and televisions employ europium as the red phosphor
•Terbium is used to make green phosphors for flat-panel TVs and lasers
•Lanthanum is critical to the oil refining industry, which uses it to make a fluid cracking catalyst that translates into a 7% efficiency gain in converting crude oil into refined gasoline
•Rechargeable batteries
•Automotive pollution control catalysts
•Neodymium is key to the permanent magnets used to make high-efficiency electric motors. Two other REE minerals - terbium and dysprosium – are added to neodymium to allow it to remain magnetic at high temperatures
•Fiber-optic cables can transmit signals over long distances because they incorporate periodically spaced lengths of erbium doped fiber that function as laser amplifiers
•Cerium oxide is used as a polishing agent for glass. Virtually all polished glass products, from ordinary mirrors and eyeglasses to precision lenses, are finished with CeO2
•Gadolinium is used in solid-state lasers, computer memory chips, high-temperature refractories, cryogenic refrigerants
•Used in improving high-temperature characteristics of iron, chromium, and related alloys
•Y, La, Ce, Eu, Gd, and Tb are used in the new energy-efficient fluorescent lamps. These energy-efficient light bulbs are 70% cooler in terms of the heat they generate and are 70% more efficient in their use of electricity
•REEs are used in metallurgy as an alloying agent to desulphurise steels, as a nodularising agent in ductile iron, as lighter flints and as alloying agents to improve the properties of superalloys and alloys of magnesium, aluminium and titanium
•Rare-earth elements are used in the nuclear industry in control rods, as dilutants, and in shielding, detectors and counters
•Rare metals lower the friction on power lines, thus cutting electricity leakage
Rare earths are not listed on a metals exchange and there is no set or official price for REEs or their compounds. The buying and selling of REEs happens on a company-to-company basis. Essentially they are traded one deal at a time.
China
China has 53 percent of the world’s REE deposits and supplies 97 percent of the global demand for rare earth elements.
Tighter limits on production and lowered export quotas are being put in place to ensure China has the necessary supply for its own technological and economic needs.
China’s export quota has been decreasing. In 2006 volume dropped to 48,000 tonnes. In 2007 volume dropped to 43,574 tonnes, in 2008 volume dropped to 40,987 tonnes and in 2009 to 33,300 tonnes.
In a hunt to secure jobs, and access to advanced technologies, the Chinese have forced manufacturers needing access to REEs to make their products in China.
In the last 10 years the global market for rare earth elements has grown to 125,000 tons per year and by 2014 demand is predicted to reach 200,000 tons per year. Many experts are predicting that the Chinese will be internally consuming most of their own rare earth production by about 2014.
Are you saying ...I am saying we have V.G.?.....Yes that is EXACTLY what I am saying!.... Please look bottom page of this file http://www.katexploration.com/Graphics/properties/kate/Cabot%20Brochure.pdf ..... I don't want to confuse anyone about the Cabot.... to the south I believe that is where there IS....enough drilling done to write the National I. Report..... on the gold areas...is that also true?....no.....are we planning to drill that area and hpefully get to a point to write a second report?..... I believe so.... The "Cabot Property," with its significant new Copper/Cobalt/Gold discoveries, is a prime example that tremendous potential still remains for new discoveries in this prolific mining region.
The Cabot zone consists of a discrete, intensely chloritized and moderately sericitized zone hosting an estimated 10-25% stringer/stockwork sulfides. The zone is interpreted to represent a feeder stockwork pipe commonly associated with volcanogenic massive sulfide deposits. The Cabot Zone had been tested with several past drill holes averaging 0.39% Cu over 21.6 meters with internal intervals grading up to 0.90% Cu over 5.78 meters. The best grade intersections over an appreciable width encountered 1.90% Copper over 2.78 meters and 1.33% copper over 3.66 meters respectively.
One mineralized zone exposed on surface, varies between 25-30 meters wide and a strike length of 700 meters. A rough calculation has indicated 18 to 20 million tons of low grade copper ore, with cobalt as a complementary mineral, together averaging approximately ½%. There are large areas of the properties unexplored with no drill testing that has the potential to increase the volume of ore significantly.
Ken Stead, President/CEO, states, "We have been in negotiations for the past several months in trying to acquire this property and very excited we've closed the deal. However, while we are excited about the Copper/Cobalt content, it's the Gold potential that is most attractive. One drill hole intersected 40 meters of anomalous gold along with one meter averaging 10 grams per ton. A number of recently discovered quartz veins have produced results of 10 grams of gold per ton with the highest reaching as high as 12 oz/ton. These are the kind of properties KAT Exploration is looking for as it continues to move forward and bring real value to its shareholders. KAT Exploration will continue to have interest in obtaining gold, copper, silver and other minerals that would prove to be substantial assets for the company. Multi-mineral ore deposits are where our focus has always been and will remain."
I can prove we have by using simple math adding up all the money we have spent simple as one plus one = 2.....and Ken aint a Kensian with a printing machine.
All I want is to (LEARN) "let's do it together".... More geo video links
Geomorphology
http://serc.carleton.edu/NAGTWorkshops/geomoph/emriver/index.html
Sedimentology
http://www.youtube.com/user/sumnerd
The Earth Chronicles (geomorphology)
http://www.youtube.com/user/bapyou
Geological Society of America
http://www.youtube.com/geosociety
Sorry those numbers came from grambler .... he had someone who knew how to help with those fugures .....also in the cabot pdf broshure there is a estimated tonnage .....If you,,,, like I would like to vrify further what is their ...let's all ask nicely for geo newf to kindly teach us how to come up with the figures our selfs :)..... Ronald Regan said...."trust,,,but verify"....This too is all I want...foe (ALL OF US)...who care to to be fluent.....enough....in the geo launguage ....to (KNOW)
Peple know what I ment...no one more that I have placed before there eyes all the links to the PDF files and PR's concerning that property ....period....... well I might be tied with Bio..... lol......... The "Cabot Property," with its significant new Copper/Cobalt/Gold discoveries, is a prime example that tremendous potential still remains for new discoveries in this prolific mining region.
The Cabot zone consists of a discrete, intensely chloritized and moderately sericitized zone hosting an estimated 10-25% stringer/stockwork sulfides. The zone is interpreted to represent a feeder stockwork pipe commonly associated with volcanogenic massive sulfide deposits. The Cabot Zone had been tested with several past drill holes averaging 0.39% Cu over 21.6 meters with internal intervals grading up to 0.90% Cu over 5.78 meters. The best grade intersections over an appreciable width encountered 1.90% Copper over 2.78 meters and 1.33% copper over 3.66 meters respectively.
One mineralized zone exposed on surface, varies between 25-30 meters wide and a strike length of 700 meters. A rough calculation has indicated 18 to 20 million tons of low grade copper ore, with cobalt as a complementary mineral, together averaging approximately ½%. There are large areas of the properties unexplored with no drill testing that has the potential to increase the volume of ore significantly.
Ken Stead, President/CEO, states, "We have been in negotiations for the past several months in trying to acquire this property and very excited we've closed the deal. However, while we are excited about the Copper/Cobalt content, it's the Gold potential that is most attractive. One drill hole intersected 40 meters of anomalous gold along with one meter averaging 10 grams per ton. A number of recently discovered quartz veins have produced results of 10 grams of gold per ton with the highest reaching as high as 12 oz/ton. These are the kind of properties KAT Exploration is looking for as it continues to move forward and bring real value to its shareholders. KAT Exploration will continue to have interest in obtaining gold, copper, silver and other minerals that would prove to be substantial assets for the company. Multi-mineral ore deposits are where our focus has always been and will remain."
No sir... nothing to fear ... ...but just in case ...maybe you should warn VALE...lol too funny KAT Exploration Signs Three-Year Option Agreement Contract With Vale
Kat Exploration (USOTC:KATX)
Historical Stock Chart
1 Year : January 2010 to January 2011
KAT Exploration Inc. (PINKSHEETS: KATX) ("KAT") is pleased to announce that it has signed an option agreement with Vale Exploration Canada Inc. ("VEC"), a wholly-owned subsidiary of Vale S.A. ("VALE"), on its North and South Lucky copper properties on the Bonavista peninsula in eastern Newfoundland. Under the terms of the agreement, VEC has committed to an initial C$20,000 cash payment on signing and may elect to make further cash payments totaling C$75,000 over the three-year option period, and may elect to incur a minimum of C$750,000 in exploration expenditures within the option period to earn an 80% interest in the Lucky properties.
Upon VEC's exercise of the option, a joint venture will be formed to further develop the properties, with each party contributing to further approved exploration programs as per their interest. VEC will be the operator of the exploration programs during the option period.
The Lucky properties are in a geological setting with the potential for sediment-hosted stratiform copper (SSC) deposits. The Lucky properties have the potential to produce low-grade, large tonnage copper deposits similar to those of the Zambia copper belt.
Ken Stead, President/CEO of KAT, states, "The very fact that a company of Vale's caliber has enough interest in the area and sees enough potential in the Lucky properties to warrant an option with KAT, leaves us very excited. We are very pleased to be exploring these copper properties with Vale and look forward to bringing them to their full potential."
The Lucky properties are located on the Bonavista Peninsula in eastern Newfoundland, and are accessible by well-maintained roads, allowing for exploration programs to be carried out fairly quickly and comfortably.
Copper mineralization is quite visible in an old pit near a gravel road with impressive malachite staining along with chalcocite strata bound within the more sandy beds of the sediments with assay results of 2.5% Cu in the more concentrated areas. The most recent discovery was on our North Lucky property where well-disseminated chalcopyrite was found in exposed outcrop approximately 10km north of the South Lucky property.
About KAT Exploration Inc.
KAT Exploration's principal objective is to locate, stake, prove up and sell mineral properties to major mining companies. It is the Company's objective to take advantage of increased activity to generate numerous joint venture clients, and sales of our existing and yet to be acquired properties.
About VEC
VEC is a wholly-owned subsidiary of Vale, the world's second largest mining company by market capitalization, with its headquarters in Brazil. Vale is committed to the pursuit of sustainable growth by operating with respect for the natural environment and being an ethically and socially responsible company.
This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of KAT Exploration Inc. to be materially different from the statements made herein.
Three steps are done....proving much real value.....two steps to go,,,#4 and #5....with "inflation adjustrd" Government files showing close to one million spent the Cabot Propertys have much "real value"
"Cabot has no "real value"! ....This could not be further from the truth IMO ...and I have done much research on this property ......Also The Partners at P and L ventures would dissagree ....they have recived and are getting a sizeable some of (MORE) money for it....... The Wives of those partners at P and L would have to disagree when they spend that money from that deal, going shopping and buying things like a new pair of Shoes.....The company known as Kat Exploration and it's share holders would have a big problem with that if it were true....because if that were the case why did the company spend a sizeable portian of there money on it?...... Let me ask you a question?.....when P and L ventures spent hundredes of thousands of Dollars for the ( SECOND ) Drill program. "thats right #2"...did they do that because they thought it was something that had no "real value"?......Of course not, don't be silly......When P and L ventures spent hundreds of thousands more drilling the (THIRD) ....drill program in the same exact area to dinelate the resourse "know how much is there" ....Was that money wasted because it had no "real value":....again of course not!.... Is the kids say today......"I don't accept your reality" ......And so tell me ....Ket Exploration said the Sr. Geoligest was writing up a National Instrument Resourse report.....it is in the PR....does this, "in your reality" does that property go from "no real value" ........to what ever that report says over night the next day? .....of course not..... worth zero today " NO REAL VALUE" ....and ?....100 mil.....140 mil..... the next day .......what are you going to say?...."OMG....I never saw that coming?"...... Everybody should read this PR very carefully....also ... We are the operatiors...... the Geos on this board don't want to talk about what that means....... it also says were going to do what is known as a ........3 drill programs are done. that is step one ...two ....and step three.....step #4. is this "KAT also agrees to allocate minimum expenditure of $1.2 million over the five year term of the agreement and complete a National Instrument 43-101 on the Cabot properties." ... We have a geoligest working on this right now!......then there is step #5 "If upon completion of a feasibility study of the Cabot Properties, KAT will pay a further four million shares, whereby it will then have earned 100% of the five licenses which make up the Cabot properties.".......................................................... Next in the PR it explains ho much P and L will get what when the property becomes a mine ".PNL Ventures Ltd, and Weyburn Investments Limited, will also retain a 2.5% NSR in which KAT Exploration has the right to purchase 1.5% of the 2.5% NSR for a total amount of $3.5 million." .. .....................Then the report goes on to explain ,,,,,who.....will be doing all the work......and ...in control.... .....".Kat Exploration will be the operator of the project during the option period."........................................ ... Then thr report goes on to say what we Kat Shareholders have in "REAL VALUE" at the Cabot............. The "Cabot Property," with its significant new Copper/Cobalt/Gold discoveries, is a prime example that tremendous potential still remains for new discoveries in this prolific mining region.
The Cabot zone consists of a discrete, intensely chloritized and moderately sericitized zone hosting an estimated 10-25% stringer/stockwork sulfides. The zone is interpreted to represent a feeder stockwork pipe commonly associated with volcanogenic massive sulfide deposits. The Cabot Zone had been tested with several past drill holes averaging 0.39% Cu over 21.6 meters with internal intervals grading up to 0.90% Cu over 5.78 meters. The best grade intersections over an appreciable width encountered 1.90% Copper over 2.78 meters and 1.33% copper over 3.66 meters respectively.
One mineralized zone exposed on surface, varies between 25-30 meters wide and a strike length of 700 meters. A rough calculation has indicated 18 to 20 million tons of low grade copper ore, with cobalt as a complementary mineral, together averaging approximately ½%. There are large areas of the properties unexplored with no drill testing that has the potential to increase the volume of ore significantly.
Ken Stead, President/CEO, states, "We have been in negotiations for the past several months in trying to acquire this property and very excited we've closed the deal. However, while we are excited about the Copper/Cobalt content, it's the Gold potential that is most attractive. One drill hole intersected 40 meters of anomalous gold along with one meter averaging 10 grams per ton. A number of recently discovered quartz veins have produced results of 10 grams of gold per ton with the highest reaching as high as 12 oz/ton. These are the kind of properties KAT Exploration is looking for as it continues to move forward and bring real value to its shareholders. KAT Exploration will continue to have interest in obtaining gold, copper, silver and other minerals that would prove to be substantial assets for the company. Multi-mineral ore deposits are where our focus has always been and will remain." READ THE REPORT!Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=1310334
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http://ih.advfn.com/p.php?pid=nmona&article=43652485
The national inst. 43-101 ...is nothing more than a goverment report.......the bigest part of investing is DD ....DD is knowing what is going to happen ....before it happens......the gov prints too much money....and we know gold will go up....right!.......it is about correctly predicting the future.....now.......in those ...drill logs......is the future........it is written in a launguage ....only a few can read........All I am doing is asking them ........to show us how to read it!.........you know....rather ...thantell us ...it aint worth any thing ..........Till I tell you what that is.... ...LOL ....and people as me to ....Keep it real......well real ...is all I want.....(FOR ALL).....not just a few....
" are asking to keep it real ".....thats right ...I agree....lets learn some REAL geoligy lessons .....I want the 4-11.....on the fourty three 101 .....we want to learn the lingo...bro
"Without a 43-101 resource report"..... Many of us have spent countless hours learning and then giving of that knolage to others of free....... so please explain how is a resource report placed together?..................................Let's do one now.... we have all the data ....lets do it .....well that is if .....you are wanting to contrubute........There have been geos hang out on this board for so long....and taught zip...why don't you show the others how it's done.
And this ....does this look like the postings of a fair player ?...... one thing is for sure ....Fair plater is not the proper term one should use...... "What happened to Rusty ?? Let us not start hyping the new kid on the block .. Cabot Cabot Cabot Cabot Cabot until we bury old Rusty beside old H C. One at a time is good fishing."
The true Evaulation of what the Cabot alone is worth is one hundred million to one hundred and fourty million dollars. It is all their in black and white in the drill cores. and the drill cores never tell any thing other than the truth. Whrn your right, saying your wrong fifty million times does not make it go away!
" woefully lean ".........Nope...incorect sorry "beautifuly abundant".....a few are lean on realistic values on Kat propertys
Sorry your 100 % wrong...
http://www.shalegasfuture.com/ the future watch the video
"what's in it for us 11 JVs of cornerstone??????"..... History........of a suscessful ceo is something you don't pay attention to?....... gimmeabreak.....scheeesh
"Steesharp, great sale prices going on now at the KATX Mall, time to load up at these REEmarkable Prices!!! ".......Forgetaboutit.....is a complete sentance in Jersey
""Yes indeed, the way things have been stretched out,""..............Ken Stead as the co-founder of cornerstone had a hand in 11 Joint Ventures....If your lookin for McDolalds and a quick happymeal ...it's up the street!
" AND don't forget RR "...fat chance of that happening....'''HA''... Ole Rusty will be our ...( ancor ) store....and Cabot will be our ( outlet mall ) that opens first
"I expect the worst"...... lol too funny
guess you missed that pr ...were movin to the east side...movin on up....... but thank's for your effort to save me ....lol
Thank you Jack...........I see so much light I gotta Sunburn!....[/b]1000 watt PDF bulbs and 500 watt PR bulbs will make your future so bright ya gotta wear shades!
Google it!
My DD has COCU getting back in to the busnes of conversion of coal to oil ..... and not in a small way
You wrote ..."YET. The PR states that it is over five years, and that's assuming certain conditions are met, i.e. feasibility study, NI 43-101, etc. Of course, I imagine we don't HAVE to wait the whole five years to gain 100% interest, but KATX has the option. Also, I agree the acquisition is part of their "groth straatigy,' or as others might call it "growth strategy" ;) Personally, I'd be interested to see what % interest KATX currently owns in the property. I've always liked the "Cabot" and have spoken about it several times since the PR." I ..........I agree with your findings, your honesty, and thank you for all your hard work "for free" as well bio my friend! :)
Gooddolphin....thank you ...you...are...a...good....dolphin
"Shares Outstanding 641.6 M" .OH LOOK THEY MATCH I.E. ZERO DILUTION AS WAS SPECULATED NUMEROUS TIMES ..."[color=red]come on in the water is fine[/color]!"..........and this number here is from the I-BOX ... http://www.otcmarkets.com/stock/KATX/company-info
Market Value = $51,969,895 As of 12-03-2010
Authorized Shares = 700,000,000 As of 10/19/2010
Outstanding Shares (OS) = 641,603,644 As of 10/19/2010Float = 291,048,329 As of 10/19/2010
Number of shareholders of record = 113 As of 10/19/2010
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