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Monday, January 25, 2010 11:56:58 AM
KATX LATEST NEWS
KAT Exploration -- Handcamp Soil Samples Submitted for Analysis MOUNT PEARL, NL--(01/25/10) - KAT Exploration Inc. (Pinksheets:KATX) www.KATexploration.com
A total of 593 soil samples from the Handcamp gold property have been submitted to Actlabs in Ontario, Canada for Gold and base metal analysis.
The company is anxiously awaiting those results as they will assist in identifying other gold anomalies throughout the property, which in turn will provide important data for additional drill targets. "MORE IS GOOD"Results from the first 150 soil samples revealed a very strong gold anomaly 400 meters south of the high grade gold showing posted on Kat's website. The company feels that if this is any indication as to what might be discovered through this latest batch of soils submitted for analysis, it would increase the Handcamp gold potential significantly. " ROCKET TO THE MOON"
Not to be overlooked is the fact that quite a number of massive to semi-massive sulphide anomalies including Silver, Zinc, Copper & Lead, have also been detected in the first round of soil analysis and rock samples as well. "LOOKING BETTER THAN WE HOPED FOR"
This combination of Gold and base metals, lends itself to a potential of much higher value than just gold alone, which is another reason why Kat has made the Handcamp property one of its high priority projects for 2010. "much higher value"
As soon as results are received from this latest batch of soil samples, the final 800 soil samples will be submitted for gold analysis. Upon receipt of these results, data will be compiled and a very definitive drill program will commence. "I BELIVE THIS PART IS ALLREADY WELL UNDER WAY!"
At that point in time Kat will develop a (NI) 43-101 Standards of Disclosure for this Handcamp property. "THE N1-43-104 IS WELL UNDER WAY HANG ON TO EVERYTHING!"
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