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Tuesday, August 31, 2010 11:20:24 PM
NEWS! UPDATED KATG & KATX DD AS OF August 31, 2010
NEWS! NEWS! AND MORE NEWS! LOTS OF DRILLING AND MORE SHARE DISTRIBUTIONS COMING TO KATX and KATG SHAREHOLDERS!
KAT EXPLORATION’S PRINCIPLE OBJECTIVE:
Important recent news releases:
HANDCAMP DRILL RESULTS FOR PHASE I
http://www.marketwire.com/press-release/KAT-Exploration-Inc-Bella-Viaggio-Inc-Handcamp-Drilling-Intersects-Very-Encouraging-1309659.htm
KATX files paperwork to issue unrestricted shares
http://www.marketwire.com/press-release/KAT-Exploration-Inc-Updates-on-1-to-4-OTCBB-Shares-Distribution-of-BVIGOB-1308380.htm
KAT Exploration and Bella Viaggio, Inc. Welcome "Senior Vice President of Capital Projects" to Board of Directors and KATX expands Handcamp property AGAIN with 77 additional claims
July 29, 2010
http://www.marketwire.com/press-release/KAT-Exploration-Bella-Viaggio-Inc-Welcome-Senior-Vice-President-Capital-Projects-Board-1297501.htm
KAT Exploration and Bella Viaggio, Inc. Updates Investors on Its Handcamp Drill Project (all drill holes thus far intersect mineralization)
July 22, 2010
http://www.marketwire.com/press-release/KAT-Exploration-Bella-Viaggio-Inc-Updates-Investors-on-Its-Handcamp-Drill-Project-1294326.htm
KAT Exploration Inc. Announces Option Agreement to Purchase 100% of the "Cabot" Copper/Gold Properties (Lots of copper and VISIBLE GOLD)
Jul 19, 2010 09:54 ET
http://www.marketwire.com/press-release/KAT-Exploration-Inc-Announces-Option-Agreement-Purchase-100-Cabot-Copper-Gold-Properties-1292069.htm
KAT Exploration and Bella Viaggio, Inc. Commence Drilling on Handcamp Gold Property
Jul 06, 2010 10:01 ET
http://www.marketwire.com/press-release/KAT-Exploration-and-Bella-Viaggio-Inc-Commence-Drilling-on-Handcamp-Gold-Property-1285962.htm
KAT Exploration and Bella Viaggio, Inc. Updates on Handcamp Geophysics and Drill Project
Jun 29, 2010 13:35 ET
http://www.marketwire.com/press-release/KAT-Exploration-Bella-Viaggio-Inc-Updates-on-Handcamp-Geophysics-Drill-Project-1283494.htm
KAT Exploration Initiates Drilling Program on Rusty Ridge IOCG Property
Jun 16, 2010 09:50 ET
http://www.marketwire.com/press-release/KAT-Exploration-Initiates-Drilling-Program-on-Rusty-Ridge-IOCG-Property-1277037.htm
KAT Exploration Signs Three-Year Option Agreement Contract With Vale
Jun 11, 2010 10:00 ET
http://www.marketwire.com/press-release/KAT-Exploration-Signs-Three-Year-Option-Agreement-Contract-With-Vale-1274884.htm
Be on the lookout for new filings:
DD Machine: http://www.ddmachine.com/
KAT Exploration Nevada Secretary of State filings:
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=J8szY3FcAPHkNelvFsm4DA%253d%253d
KAT Gold Holdings Corp. Nevada Secretary of State filings:
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=Ji6hnCJCRNX541ZMO6c0Rg%253d%253d
Search for new filings on the SEC EDGAR system:
http://www.sec.gov/edgar/searchedgar/webusers.htm
KATX OTC filings:
http://www.otcmarkets.com/stock/KATX/financials
BVIG OTC filings:
http://www.otcmarkets.com/stock/BVIG/financials
Share distributions and new OTCBB companies (KATC and KATG)!
New Share Structure Flow Chart:
Making sense of the new share structure:
Note: KATX owns BVIG (soon to be OTC:BB KATG)
see the filing here: http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=bvig
KATX = Kat Exploration (pinksheet)
KATG = Kat Gold Holdings Corporation (OTC:BB)
KATC = Kat Copper Holdings Corporation (OTC:BB)
KATX becomes both KATG and KATC through share distributions and reverse merger, respectively
and both will be OTCBB, not Pinksheets.
KATX properties: Rusty, Lucky, Clifton, Colliers, Shaylee, Cabot, etc.
KATG properties: Handcamp and Twilite will be under
Summary:
More recently KATX decided to issue those shares as UNRESTRICTED.
http://www.marketwire.com/press-release/KAT-Exploration-Inc-Updates-on-1-to-4-OTCBB-Shares-Distribution-of-BVIGOB-1308380.htm
This says to me, that management is confident that the Handcamp drill core assays will support the price per share. Those drill core assay results should be released very soon. This is fantastic news, as it will give KATG the liquidity it will need and reduce the need to dilute the stock to provide that liquidity.
What is the relationship between KATX and Handcamp?
Why would KATX focus on KATG's Handcamp property?
How would KATX benefit from positive results on the Handcamp?
How will KATX fund all their exploration?
So, KATX explores Handcamp, gets great results, and brings in MASSIVE money for BVIG/KATG, who in turn funds KATX (as their parent company) with huge sums of money in order to do a very large drill program on the Cabot property(Copper/Gold), the Rusty Ridge(IOCG) and exploration on other properties...which in turn brings in more money to BVIG/KATG...and more money to fund KATX (and so on)...and this would be in addition to the (up to)$5 million KATX secured in January 2010 (http://www.marketwire.com/press-release/Kat-Exploration-Secures-up-5-Million-Funding-With-50-Million-Restricted-Shares-Retires-1184994.htm)
Clear as day. Timing is everything and they clearly have a strategy for benefiting both companies.
A WIN-WIN, FOR KATX AND BVIG/KATG
Now, let's take a look at the properties. I’ve “borrowed” from various sources and tried my best to cite each source. My thanks goes out to all the DD hounds in the KATX board.
From the recent 10-Q:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7409441
So:
1. KAT's customers are "other mining companies"
2. KAT has a "relationship" with "certain" of these "customers" [aka "other mining companies"]
3. Manangement believes this relationship will "assist the company in "implementing its business plan."
4. Its "business plan" is:
Now, the questions are:
1. Who are these "certain" mining companies we have a "relationship" with that will "assist" us in implementing the business plan? (Could it be Aur, Vale, Anaconda, etc.?)
2. What is the nature of our "relationship" that leads management to "believe" they will assist us in carrying out the business plan?
We also saw in the 10-Q:
and...
Hmmmm. I wonder when we could be purchasing one of these "already producing gold mines"?
Interesting times my friends. Very interesting indeed.
List of current KATX & KATG claims:
does not include new Handcamp claims as of July 27, 2010
Thanks Rick-UK!
You can research these claims by going to this website and changing the various “layers” (ie. mineral rights, geophysics, geochemistry, etc.) : http://gis.geosurv.gov.nl.ca/resourceatlas/viewer.htm
You might try zooming in to get a closer look at the area highlighted in the red box below. You should be able to find all of our properties there. You can use the tools on the left and right-hand side to do a little research. You can also select claims and query the database for those claims.
WHAT ARE “GOOD” ASSAY RESULTS?
HOW TO READ AND CONVERT RESULTS TO UNDERSTANDABLE UNITS
ABOUT THE KATG PROPERTIES
SPEAKING OF THE HANDCAMP GOLD PROPERTY
High grade – Gold, Copper, Zinc , Lead & Silver.
KAT Exploration and Bella Viaggio, Inc. Welcome "Senior Vice President of Capital Projects" to Board of Directors and expands Handcamp by another 77 claims
FANTASTIC NEWS. Now we've hired another geologist/ geophysicist! Looks like Handcamp is going to be bigger than originally expected.
NEW CLAIMS AS OF JULY 27, 2010! MUST BE EXPECTING EXCELLENT ASSAY RESULTS…
77 new claims around Handcamp posted today
http://gis.gov.nl.ca/mrinquiry/License.asp?License=017917M
Check out these some of these numbers on Handcamp(g Au/ton): 16.08, 31.38, 82.81, 94.10 158.0 g Au/ton
So, what is the significance of sericite schist?
Here’s an Induced Polarization map for the latest Handcamp geophysics:
DON’T FORGET THAT KEN WAS SO IMPRESSED BY THE EXPLORATION RESULTS THUS FAR THAT HE ADDED TO THE PROPERTY:
http://www.marketwire.com/press-release/KAT-Exploration-Secures-Large-Land-Packages-Around-Its-Handcamp-Twi-lite-Properties-1113751.htm
Here's another possible Joint-Venture (JV) for Handcamp. Check out what the CEO says regarding Handcamp and Aur Resources:
If you're wondering how good the DD is on this board, perhaps check out investor911's DD on a possible deal with Vale, months before the actual deal: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46255277
SPEAKING OF THE TWI-LITE PROPERTY
NOTE: this property is currently owned by KATX, but will be sold to KATG (parent company) and KATX shareholders should receive another share distribution of KATG shares at that time, as with the transfer of Handcamp to KATG
Expect to hear news about exploration on the Twilite property too:
FYI:
KEN STEAD WAS SO IMPRESSED WITH THIS PROPERTY THAT HE RECENTLY ADDED TO IT:
ABOUT THE KATX PROPERTIES
SPEAKING OF THE LUCKY PROPERTIES:
EMAIL FROM KEN STEAD RE: THE SIGNIFICANCE OF VALE DEAL
So how significant would that 20% be for us? Have a look at some of the deals these junior exploration companies worked out that made them worth BILLIONS: http://miningmarkets.ca/issues/story.aspx?aid=1000334564&type=Print+Archives
Now take a look at our Lucky properties.
-graphic courtesy of Rick-UK
Read more here http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50326701
Oh yes, and:
Here’s some data from previous work done on South Lucky (see whole report at http://gis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch22/002C_0178.pdf ):
-Thanks to “homevendor” for finding this one.
NOTE: to convert ppm (parts per million) to percent (%) divide the ppm value by 10,000
SPEAKING OF THE RUSTY RIDGE PROPERTY:
We’re expecting some more work on Rusty Ridge this summer:
SO WHY IS RUSTY RIDGE SO SPECIAL?
Here’s some work that’s been done on the “South Princess” property and “Ken’s Mountain Grid” …NOTE “Ken’s Mountain Grid” is our Rusty Ridge property:
http://gis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch7/NFLD_2859.pdf
http://gis.geosurv.gov.nl.ca/geofilePDFS/WBox035/NFLD_2821.pdf
AH, ISN’T SHE BEAUTIFUL!
Thanks to Rick-UK for the pic (http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52067122)
Here’s some data points from exploration on the South Princess Property:
SPEAKING OF THE CABOT PROPERTIES (VISIBLE GOLD!)
Cabot Property Brochure: http://katexploration.com/Graphics/properties/kate/Cabot%20Brochure.pdf
http://www.nr.gov.nl.ca/mines&en/geosurvey/matty_mitchell/Prop_for_option-copper-zinc/cabot.pdf
Oh yeah, and we CAN drill in the winter!
SPEAKING OF THE SHAYLEE PROPERTY
Shaylee
Rock Types: Sericite schist derived from felsic volcanic and epiclastic sedimentary protholiths. The region is traversed by numerous faults, most of which are high-level brittle features. The most notable of these are the Charlottetown, Salmon Brook and Platter Cove Faults and the unnamed structure that defines the western boundary of the Love Cove Group. Some of these may represent brittle reactivation of earlier, more fundamental structures. The Shaylee copper mineralization is in a rock cut on the Bunyon's Cove road. The mineralization is approx 75m wide and continues to the shoreline approximately 1km and consists of stringers of native copper, Chalcocite and Malachite staining. Continuing along the road approximately 200m, there is another copper zone containing Chalcocite and Malachite. This showing is approximately 50m wide.
OH YES, AND DID I MENTION, THAT WE CAN EXPECT MORE WORK DONE ON SHAYLEE THIS SUMMER?
SPEAKING OF THE COLLIERS PROPERTY
Colliers Property
Mineralization consisting of chalcopyrite, bornite and calcite which occurs as patches and as fillings of fractures in the andesitic and basaltic rocks of the Harbour Main Group. The occurrence consists of an old working with a 90 foot (27 m) shaft. Malachite stains are abundant on the surface of the host rock. copper Mineralization also occurs in the subaerial mafic volcanic rocks as occurrences which usually contain one or more of native copper, chalcocite, chalcopyrite, covellite and bornite in veins, amygdule fillings, disseminations and shear zones. This deposit was documented as early as 1868, and other than the 27m shaft this deposit has never been drilled off leaving much unknown about the source and amount of contained copper and silver within this deposit. Assays from the surrounding host rock yielded results as high as 23.60% Copper and 236.30 g/t silver.
Don’t forget the MASSIVE CLIFTON AREA we recently added just south of the Lucky Properties. AND WE’RE EXPECTING A “FAIRLY QUICK AND EXTENSIVE” EXPLORATION PROGRAM IN LATE SPRING AND EARLY SUMMER!
HISTORY OF SHARE STRUCTURE REDUCTIONS:
2,308,000,000 shares have been retired since January, 2010
AND MORE RECENTLY
NOW, HOW ABOUT FINANCING?
and from Ken Stead’s email:
KAT Exploration new BIG TIME law firm:
KAT Exploration’s HIGHLY EXPERIENCED GEOLOGIST, Mr. R. James Weick:
VIEW HIS STELLAR RESUME HERE: http://www.katexploration.com/news/Geologist_Resume.pdf
And now, Mr. Dean Fraser P. Geo and a geophysicist (RDF Consulting Ltd.) have been contracted to work with Mr. R. James Weick on the Handcamp project including the second round of geophysics.
AND now Wayne Picket makes the third geologist on staff. He’s also on the board of directors and the Senior Vice President of Capital Projects. View his resume here:
http://www.katexploration.com/PressReleases/Wayne%20%20Pickett%20Resume%202010.pdf
VIEW DD ABOUT MR. DEAN FRASER HERE: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52021462
FYI, MORE DD FROM RICK-UK
You can also find a lot of DD compiled here: http://www.facebook.com/home.php?#!/pages/Kat-Exploration/283084523208?v=app_2373072738&ref=ts
IN SUMMARY, KAT EXPLORATION IS AN OUTSTANDING COMPANY THAT TAKES CARE OF SHAREHOLDERS AND IS MAKING A NAME FOR ITSELF IN THE MINING COMMUNITY.
Welcome to the Kat Exploration discussion board on iHub, where the DD is so good, its like getting tomorrow's news today!
-Biochemist2002
NEWS! NEWS! AND MORE NEWS! LOTS OF DRILLING AND MORE SHARE DISTRIBUTIONS COMING TO KATX and KATG SHAREHOLDERS!
KAT EXPLORATION’S PRINCIPLE OBJECTIVE:
Important recent news releases:
HANDCAMP DRILL RESULTS FOR PHASE I
http://www.marketwire.com/press-release/KAT-Exploration-Inc-Bella-Viaggio-Inc-Handcamp-Drilling-Intersects-Very-Encouraging-1309659.htm
KATX files paperwork to issue unrestricted shares
http://www.marketwire.com/press-release/KAT-Exploration-Inc-Updates-on-1-to-4-OTCBB-Shares-Distribution-of-BVIGOB-1308380.htm
KAT Exploration and Bella Viaggio, Inc. Welcome "Senior Vice President of Capital Projects" to Board of Directors and KATX expands Handcamp property AGAIN with 77 additional claims
July 29, 2010
http://www.marketwire.com/press-release/KAT-Exploration-Bella-Viaggio-Inc-Welcome-Senior-Vice-President-Capital-Projects-Board-1297501.htm
KAT Exploration and Bella Viaggio, Inc. Updates Investors on Its Handcamp Drill Project (all drill holes thus far intersect mineralization)
July 22, 2010
http://www.marketwire.com/press-release/KAT-Exploration-Bella-Viaggio-Inc-Updates-Investors-on-Its-Handcamp-Drill-Project-1294326.htm
KAT Exploration Inc. Announces Option Agreement to Purchase 100% of the "Cabot" Copper/Gold Properties (Lots of copper and VISIBLE GOLD)
Jul 19, 2010 09:54 ET
http://www.marketwire.com/press-release/KAT-Exploration-Inc-Announces-Option-Agreement-Purchase-100-Cabot-Copper-Gold-Properties-1292069.htm
KAT Exploration and Bella Viaggio, Inc. Commence Drilling on Handcamp Gold Property
Jul 06, 2010 10:01 ET
http://www.marketwire.com/press-release/KAT-Exploration-and-Bella-Viaggio-Inc-Commence-Drilling-on-Handcamp-Gold-Property-1285962.htm
KAT Exploration and Bella Viaggio, Inc. Updates on Handcamp Geophysics and Drill Project
Jun 29, 2010 13:35 ET
http://www.marketwire.com/press-release/KAT-Exploration-Bella-Viaggio-Inc-Updates-on-Handcamp-Geophysics-Drill-Project-1283494.htm
KAT Exploration Initiates Drilling Program on Rusty Ridge IOCG Property
Jun 16, 2010 09:50 ET
http://www.marketwire.com/press-release/KAT-Exploration-Initiates-Drilling-Program-on-Rusty-Ridge-IOCG-Property-1277037.htm
KAT Exploration Signs Three-Year Option Agreement Contract With Vale
Jun 11, 2010 10:00 ET
http://www.marketwire.com/press-release/KAT-Exploration-Signs-Three-Year-Option-Agreement-Contract-With-Vale-1274884.htm
Be on the lookout for new filings:
DD Machine: http://www.ddmachine.com/
KAT Exploration Nevada Secretary of State filings:
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=J8szY3FcAPHkNelvFsm4DA%253d%253d
KAT Gold Holdings Corp. Nevada Secretary of State filings:
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=Ji6hnCJCRNX541ZMO6c0Rg%253d%253d
Search for new filings on the SEC EDGAR system:
http://www.sec.gov/edgar/searchedgar/webusers.htm
KATX OTC filings:
http://www.otcmarkets.com/stock/KATX/financials
BVIG OTC filings:
http://www.otcmarkets.com/stock/BVIG/financials
Share distributions and new OTCBB companies (KATC and KATG)!
New Share Structure Flow Chart:
Making sense of the new share structure:
Note: KATX owns BVIG (soon to be OTC:BB KATG)
see the filing here: http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=bvig
KATX = Kat Exploration (pinksheet)
KATG = Kat Gold Holdings Corporation (OTC:BB)
KATC = Kat Copper Holdings Corporation (OTC:BB)
KATX becomes both KATG and KATC through share distributions and reverse merger, respectively
and both will be OTCBB, not Pinksheets.
KATX properties: Rusty, Lucky, Clifton, Colliers, Shaylee, Cabot, etc.
KATG properties: Handcamp and Twilite will be under
Summary:
More recently KATX decided to issue those shares as UNRESTRICTED.
http://www.marketwire.com/press-release/KAT-Exploration-Inc-Updates-on-1-to-4-OTCBB-Shares-Distribution-of-BVIGOB-1308380.htm
This says to me, that management is confident that the Handcamp drill core assays will support the price per share. Those drill core assay results should be released very soon. This is fantastic news, as it will give KATG the liquidity it will need and reduce the need to dilute the stock to provide that liquidity.
What is the relationship between KATX and Handcamp?
Why would KATX focus on KATG's Handcamp property?
How would KATX benefit from positive results on the Handcamp?
How will KATX fund all their exploration?
So, KATX explores Handcamp, gets great results, and brings in MASSIVE money for BVIG/KATG, who in turn funds KATX (as their parent company) with huge sums of money in order to do a very large drill program on the Cabot property(Copper/Gold), the Rusty Ridge(IOCG) and exploration on other properties...which in turn brings in more money to BVIG/KATG...and more money to fund KATX (and so on)...and this would be in addition to the (up to)$5 million KATX secured in January 2010 (http://www.marketwire.com/press-release/Kat-Exploration-Secures-up-5-Million-Funding-With-50-Million-Restricted-Shares-Retires-1184994.htm)
Clear as day. Timing is everything and they clearly have a strategy for benefiting both companies.
A WIN-WIN, FOR KATX AND BVIG/KATG
Now, let's take a look at the properties. I’ve “borrowed” from various sources and tried my best to cite each source. My thanks goes out to all the DD hounds in the KATX board.
From the recent 10-Q:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7409441
So:
1. KAT's customers are "other mining companies"
2. KAT has a "relationship" with "certain" of these "customers" [aka "other mining companies"]
3. Manangement believes this relationship will "assist the company in "implementing its business plan."
4. Its "business plan" is:
Now, the questions are:
1. Who are these "certain" mining companies we have a "relationship" with that will "assist" us in implementing the business plan? (Could it be Aur, Vale, Anaconda, etc.?)
2. What is the nature of our "relationship" that leads management to "believe" they will assist us in carrying out the business plan?
We also saw in the 10-Q:
and...
Hmmmm. I wonder when we could be purchasing one of these "already producing gold mines"?
Interesting times my friends. Very interesting indeed.
List of current KATX & KATG claims:
does not include new Handcamp claims as of July 27, 2010
Thanks Rick-UK!
You can research these claims by going to this website and changing the various “layers” (ie. mineral rights, geophysics, geochemistry, etc.) : http://gis.geosurv.gov.nl.ca/resourceatlas/viewer.htm
You might try zooming in to get a closer look at the area highlighted in the red box below. You should be able to find all of our properties there. You can use the tools on the left and right-hand side to do a little research. You can also select claims and query the database for those claims.
WHAT ARE “GOOD” ASSAY RESULTS?
HOW TO READ AND CONVERT RESULTS TO UNDERSTANDABLE UNITS
ABOUT THE KATG PROPERTIES
SPEAKING OF THE HANDCAMP GOLD PROPERTY
High grade – Gold, Copper, Zinc , Lead & Silver.
KAT Exploration and Bella Viaggio, Inc. Welcome "Senior Vice President of Capital Projects" to Board of Directors and expands Handcamp by another 77 claims
FANTASTIC NEWS. Now we've hired another geologist/ geophysicist! Looks like Handcamp is going to be bigger than originally expected.
NEW CLAIMS AS OF JULY 27, 2010! MUST BE EXPECTING EXCELLENT ASSAY RESULTS…
77 new claims around Handcamp posted today
http://gis.gov.nl.ca/mrinquiry/License.asp?License=017917M
Check out these some of these numbers on Handcamp(g Au/ton): 16.08, 31.38, 82.81, 94.10 158.0 g Au/ton
So, what is the significance of sericite schist?
Here’s an Induced Polarization map for the latest Handcamp geophysics:
DON’T FORGET THAT KEN WAS SO IMPRESSED BY THE EXPLORATION RESULTS THUS FAR THAT HE ADDED TO THE PROPERTY:
http://www.marketwire.com/press-release/KAT-Exploration-Secures-Large-Land-Packages-Around-Its-Handcamp-Twi-lite-Properties-1113751.htm
Here's another possible Joint-Venture (JV) for Handcamp. Check out what the CEO says regarding Handcamp and Aur Resources:
If you're wondering how good the DD is on this board, perhaps check out investor911's DD on a possible deal with Vale, months before the actual deal: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46255277
SPEAKING OF THE TWI-LITE PROPERTY
NOTE: this property is currently owned by KATX, but will be sold to KATG (parent company) and KATX shareholders should receive another share distribution of KATG shares at that time, as with the transfer of Handcamp to KATG
Expect to hear news about exploration on the Twilite property too:
FYI:
KEN STEAD WAS SO IMPRESSED WITH THIS PROPERTY THAT HE RECENTLY ADDED TO IT:
ABOUT THE KATX PROPERTIES
SPEAKING OF THE LUCKY PROPERTIES:
EMAIL FROM KEN STEAD RE: THE SIGNIFICANCE OF VALE DEAL
So how significant would that 20% be for us? Have a look at some of the deals these junior exploration companies worked out that made them worth BILLIONS: http://miningmarkets.ca/issues/story.aspx?aid=1000334564&type=Print+Archives
Now take a look at our Lucky properties.
-graphic courtesy of Rick-UK
Read more here http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50326701
Oh yes, and:
Here’s some data from previous work done on South Lucky (see whole report at http://gis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch22/002C_0178.pdf ):
-Thanks to “homevendor” for finding this one.
NOTE: to convert ppm (parts per million) to percent (%) divide the ppm value by 10,000
SPEAKING OF THE RUSTY RIDGE PROPERTY:
We’re expecting some more work on Rusty Ridge this summer:
SO WHY IS RUSTY RIDGE SO SPECIAL?
Here’s some work that’s been done on the “South Princess” property and “Ken’s Mountain Grid” …NOTE “Ken’s Mountain Grid” is our Rusty Ridge property:
http://gis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch7/NFLD_2859.pdf
http://gis.geosurv.gov.nl.ca/geofilePDFS/WBox035/NFLD_2821.pdf
AH, ISN’T SHE BEAUTIFUL!
Thanks to Rick-UK for the pic (http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52067122)
Here’s some data points from exploration on the South Princess Property:
SPEAKING OF THE CABOT PROPERTIES (VISIBLE GOLD!)
Cabot Property Brochure: http://katexploration.com/Graphics/properties/kate/Cabot%20Brochure.pdf
http://www.nr.gov.nl.ca/mines&en/geosurvey/matty_mitchell/Prop_for_option-copper-zinc/cabot.pdf
Oh yeah, and we CAN drill in the winter!
SPEAKING OF THE SHAYLEE PROPERTY
Shaylee
Rock Types: Sericite schist derived from felsic volcanic and epiclastic sedimentary protholiths. The region is traversed by numerous faults, most of which are high-level brittle features. The most notable of these are the Charlottetown, Salmon Brook and Platter Cove Faults and the unnamed structure that defines the western boundary of the Love Cove Group. Some of these may represent brittle reactivation of earlier, more fundamental structures. The Shaylee copper mineralization is in a rock cut on the Bunyon's Cove road. The mineralization is approx 75m wide and continues to the shoreline approximately 1km and consists of stringers of native copper, Chalcocite and Malachite staining. Continuing along the road approximately 200m, there is another copper zone containing Chalcocite and Malachite. This showing is approximately 50m wide.
OH YES, AND DID I MENTION, THAT WE CAN EXPECT MORE WORK DONE ON SHAYLEE THIS SUMMER?
SPEAKING OF THE COLLIERS PROPERTY
Colliers Property
Mineralization consisting of chalcopyrite, bornite and calcite which occurs as patches and as fillings of fractures in the andesitic and basaltic rocks of the Harbour Main Group. The occurrence consists of an old working with a 90 foot (27 m) shaft. Malachite stains are abundant on the surface of the host rock. copper Mineralization also occurs in the subaerial mafic volcanic rocks as occurrences which usually contain one or more of native copper, chalcocite, chalcopyrite, covellite and bornite in veins, amygdule fillings, disseminations and shear zones. This deposit was documented as early as 1868, and other than the 27m shaft this deposit has never been drilled off leaving much unknown about the source and amount of contained copper and silver within this deposit. Assays from the surrounding host rock yielded results as high as 23.60% Copper and 236.30 g/t silver.
Don’t forget the MASSIVE CLIFTON AREA we recently added just south of the Lucky Properties. AND WE’RE EXPECTING A “FAIRLY QUICK AND EXTENSIVE” EXPLORATION PROGRAM IN LATE SPRING AND EARLY SUMMER!
HISTORY OF SHARE STRUCTURE REDUCTIONS:
2,308,000,000 shares have been retired since January, 2010
AND MORE RECENTLY
NOW, HOW ABOUT FINANCING?
and from Ken Stead’s email:
KAT Exploration new BIG TIME law firm:
KAT Exploration’s HIGHLY EXPERIENCED GEOLOGIST, Mr. R. James Weick:
VIEW HIS STELLAR RESUME HERE: http://www.katexploration.com/news/Geologist_Resume.pdf
And now, Mr. Dean Fraser P. Geo and a geophysicist (RDF Consulting Ltd.) have been contracted to work with Mr. R. James Weick on the Handcamp project including the second round of geophysics.
AND now Wayne Picket makes the third geologist on staff. He’s also on the board of directors and the Senior Vice President of Capital Projects. View his resume here:
http://www.katexploration.com/PressReleases/Wayne%20%20Pickett%20Resume%202010.pdf
VIEW DD ABOUT MR. DEAN FRASER HERE: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52021462
FYI, MORE DD FROM RICK-UK
You can also find a lot of DD compiled here: http://www.facebook.com/home.php?#!/pages/Kat-Exploration/283084523208?v=app_2373072738&ref=ts
IN SUMMARY, KAT EXPLORATION IS AN OUTSTANDING COMPANY THAT TAKES CARE OF SHAREHOLDERS AND IS MAKING A NAME FOR ITSELF IN THE MINING COMMUNITY.
Welcome to the Kat Exploration discussion board on iHub, where the DD is so good, its like getting tomorrow's news today!
-Biochemist2002
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