Top Ten Key Points
1. Two properties (Handcamp and Twi-Lite) returned very high and widespread g/t for gold in initial sample analysis. Handcamp’s soil analysis is now completed and has confirmed high levels of gold plus copper and zinc as well. Drilling has commenced in May and completed results will be filed in June, with some results likely to be seen beforehand
2. Another property (Lucky) has recently had VALE (the world’s 2nd largest mining company) staking every piece of land around it and our CEO Ken Stead can neither confirm nor deny whether he is in JV discussions with VALE, but he’s added substantially to the claim area and has met VALE at the recent PDAC conference in Toronto
3. A further property (Rusty Ridge) has been likened by an independent geologist to Olympic Dam – the world’s 4th largest copper mine and the consensus is that this property may turn out to be the most valuable of all KAT’s claim areas. Ken Stead has indicated to a shareholder who visited the KAT Exploration stand at the PDAC conference that Rusty Ridge has generated a lot of interest from mining companies looking for potential JV partnerships with junior explorers.
4. Up to five years funding is now in place ($1m now, up to $5m if conditions are met), which means that the company has the capital it needs to claim new areas and to prove up existing areas without the need to raise more money. This also means that share dilution is unlikely, unless to cater for a large JV partnership (ie good dilution). Finally it means that a savvy investor who may well be party under NDA to more information than us thinks that KATX is a good purchase
5. A number of mining companies have requested talks with KAT at the PDAC in Toronto from March 7-11 and events following this have included the appointment of an attorney to the BOD and an announcement of a potential uplisting from the CEO Ken Stead
6. KATX is a pinksheet with a great share structure, an ungagged T/A, pinksheets "Current" status and an OTC/BB shell BVIG purchased “ready” for either a reverse merger or a spin off of one or more properties into it
7. Our CEO Ken Stead is open and honest with his shareholders and has an excellent standing within the Canadian mining community
8. The company has recently appointed an upmarket Wall Street attorney firm called Gusrae, Kaplan, Bruno & Nusbaum that specialises in mergers, acquisitions and uplistings
9. Forward looking anticipation for the announcement of a JV with VALE for the Lucky and/orRusty Ridge copper and REE (rare earth elements) claims and a JV with Teck for the Handcamp and maybe even Twi-Lite gold, silver, copper and zinc claims
10. Forward looking anticipation for the announcement of a reverse merger or spin off utilising our recently purchased OTC/BB shell Bella Viaggio BVIG
