KAT Exploration Inc (KATX)

[JohnnyCasino]

Really appreciate your input and that of Geo Newfie
You summarized "In short, if this is what the geologist saw,he wouldn't recommend analysis, the lab costs are expensive, it would be wasting funds needlessly"
Hole 1 at RR was drilled over 719 meters or 2360 feet
If you are extracting cores that are not even worth sending to the lab for analysis, wouldn't you pull off that hole at some point.
Looking at the 3D maps generated by airborne magnetics it seems that the proposed depth was 800-900 meters but they would enter the most interesting section at about 300 meters or 1000 feet and the expected mineralization would continue to depth.
Just not clear on why you would continue drilling past 1200-1500 feet when you have nothing of value.