KAT Exploration Inc (KATX)

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KATX~ Handcamp "Felsic" VMS deposit ~ Highest Grade Gold Property by (United States Geological Survey)

Handcamp- From Canadian Govt Natural Resources Website
http://www.nr.gov.nl.ca/mines&en/geosurvey/matty_mitchell/Prop_for_option-gold/handcamp.pdf

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46116739



Importance of Volcanic-associated massive sulphide (VMS)- An Overview
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45532143


Handcamp is KATX's/KATG's flagship property. The "Handcamp" is located approximately 33km north of Badger, central Newfoundland and 10km northeast of the old abandoned "Gullbridge" copper mine. Abandoned logging roads run through the property allowing for excellent accessibility and mobility of heavy equipment.


What makes this property so special isn't the fact that it's a gold property, but the type of gold property that it is. Handcamp is a very special and unique type of gold deposit known as a "Volcanogenic massive sulfide" (VMS) deposit. Making this property even more special is the fact that this isn't just any type of "VMS" deposit, but it's a "Felsic" VMS deposit. World wide there is only something like 800 of these VMS deposits. They are known for their high tonnage, high quality gold deposits. Of these VMS, the best quality, highest producing gold deposits are the "Felsic" VMS deposits. Right now,out of the 40 VMS deposit sites in Newfoundland, KATX's Handcamp site is rated the highest gold grade with a 13.4 rating. It is the highest grade VMS gold site in all of Newfoundland according to the USGS.



Superimposed on the volcanogenic sulphide mineralization is epigenetic disseminated gold mineralization. The best sulphide mineralization is associated with sericite schist with veinlets and dissemination having been traced over a strike length of 1200m.



44 line kms of grid work was cut at 100m spacings east and west of a 2km baseline on the Handcamp property by Dennis Rowsell and company. 1700 soil samples were collected along the grid at 25m spacings of which 150 samples were assayed for gold and base metals displaying excellent results. The central core of the grid was prospected by foot leaving much more to be done in 2010. Rock samples were collected over the prospected areas with numerous samples showing very significant mineral content with some gold numbers as high as 158g/t Au, 94g/t Au, 82g/t Au. along with excellent Zn, CU, Ag numbers (massive to semi-massive sulphides).





http://en.wikipedia.org/wiki/Volcanogenic_massive_sulfide_ore_deposit

Special thank's to many here :)