KAT Exploration Inc (KATX)

[AARGUS]

RR is in the Bunyans Cove area-

Bunyans Cove Pd – Zr – Nb – Y Mineral Showing

The mineral claims at Bunyans Cove has two historic mineral occurrences recorded in the
Newfoundland and Labrador Mineral Occurrence Data Base System ( Mods), one is for a lead
and rare earth metals showing and other is for a pyrite showing. The PB - REE showing is
described in more detail below.

Bunyans Cove Pb Showing as described in the National Mineral Inventory Files.

National Mineral Inventory Number: 002C/05/Pb 002
Record ID Number: 5028
Deposit Name: Clode Sound
Major Commodity: Lead
Secondary Commodities: Zirconium, Niobium, Yttrium
Location: 0279305E - 5366495N
Ore Minerals: Galena
Gangue Minerals: Pyrite
Alteration Minerals: Calcite, Chlorite, Quartz
Alteration Type: Propylitic
Description of Deposit:
Minor pyrite and galena occurrence in a mafic dyke which cuts felsic volcanic close to a
contact/fault with mafic volcanics (Hutchings,1998).
The host rock for the mafic dyke is a purplish-pink, massive, Mn-oxide and hematite bearing
felsic volcanic, which is feldspar porphyritic (<4 mm) locally as well as some places where flow
banding occurs. Flow patterns occur near mafic dyke in quartz (Rmz-040) and pyrite occurs in
the felsic near the contact with the dyke.
Sample Rmz-040 is a sample from the green mafic dyke with quartz, and contains a silvery
metallic mineral (Molybdenite?) up to 4 mm diameter in places. Furthermore, there are also small (trace) amounts of pyrite present.
Sample Rmz-041 is from a red to purple felsic zone with pyrite in quartz veins and locally in the
massive felsic. The host is porphyritic with 170-275 cps and ~200 cps near veins. Veins are
weathered rusty and have disseminated and massive pyrite crystals up to 4 mm in diameter.
The vein is up to 8 cm wide and trends 110/60 North to 140/80 Northeast.
Samples Rmz-042 and 042b are red-purple felsic rocks around cliff from sample Rmz-040, and
seem similar but are in a shear zone of sorts with readings from 300-400 cps in an apparent
nondescript rock, with rusty cruddy surfaces, possibly hematite and Mn-oxide but slightly
different in appearance (Hutchings, 1998).
Bunyans Cove Lead – REE Occurrence Published Sample Assays
Sample Rmz-40: 2990 ppm Pb
Sample Rmz-42: 104 ppm Y, 1030 ppm Zr, 236 ppm Nb, 333 ppm Ba.
Sample Rmz-42b: 287 ppm Y, 4060 ppm Zr, 936 ppm Nb, 563 ppm Ba. (Hutchings, 1998)

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