Tuesday, December 28, 2010 10:51:24 PM
http://www.kitco.com/images/live/gold.gif here is the entire paragraph ........."KAT Exploration Inc. (PINKSHEETS: KATX) is pleased to inform its shareholders and the investment community that partial analytical results have been received from two diamond drill holes completed at its 100% owned Rusty Ridge property. Drilling tested two separate target areas: a deep coincident gravity and magnetics anomaly in drill hole RR10-01 and Rare Earth Element (REE) plus gold potential within altered peralkaline felsic volcanic rocks in RR10-02." .....Another point to point out is hole #2 is Felsic!..... Now those who remember Felsic historically better for Gold Content. And those who will remember the Geo reports done by the firm out of Vancover mention that RR could be a eather massive to semi massive sulvide deposit or granite ........Now I also know that in Austraillia they were drilling what they thought was another Olympic Dam style property and it turned out to be a lofe gold property. I remember that it stated that the key was the tempature it was formed at. Just some info for the ill informed!
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