KAT Exploration Inc (KATX)

[Biochemist2002]

I saw in the last couple 8-Ks that they've completed 73km of line-cutting. The last 8-K said they'd be doing more soil sampling, IP work, geological mapping, and further trenching." All that will take a while. So, I don't know what to expect as far as an actual timeline. Maybe they mean they'll start drilling the targets already identified and then do all the soil sampling, IP, trenching etc. on other new targets. Not sure. You're thoughts?

Phase II
The objectives of the next phase of exploration are: to test for further extension of mineralization related to the Handcamp mineralized zone; to drill test other targets already identified in the area; and potentially identify new ones as a result of geophysical, geological and geochemical surveys to be carried out on extensions of the existing grid. As part of Phase II, a program has already been initiated to include 73km of linecutting (completed), to be followed up by soil sampling, geological mapping, prospecting, IP surveys and diamond drilling (See “ Figure 4 ”). Soil sampling is to be completed on the extended grid in an effort to locate exploration targets for follow-up exploration. An IP survey will be completed as a priority along with follow-up prospecting and geological mapping on targets identified by the geophysical and geochemical surveys. Further trenching may be required in local areas to facilitate mapping. An enhanced drilling program (3,000m) is also planned that will include testing mineralization to the south where it appears to improve, as well as other targets identified from results of the geophysical and geochemical surveys already completed. It will also include holes to the north and west contingent on additional targets that may be identified by the induced polarization and soil geochemical surveys.

http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=7621865