KAT Exploration Inc (KATX)

[ShortonCash]

And

Drilling will tell the true tale as always
but that is sometime away.....

till then
I will trust Vales opinion over cut and paste

So do you believe our own eyes look at the photos......on the Company website

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

Do you think purplish-pink massive rocks with shiny surfaces on the surface would make you say "we good" if you knewn what they were....just a matter of not as much time as you want everyone to believe and how much IMO I think the lid has been placed on news by Vale as a NDA condition... that has the money held up and each side is now playing chicken....for some term of the agreement that will expire sometime.....IMO having been involved in real estate transactions where the biggest wallet has the most control

http://www.mineprospector.com/documents/Pike_Property_Report.pdf

The use of the Beep Mat is the fastest and cheapest way to cover a property and to assess if something conductive is close to the surface. The BM8 will ccontinuously record readings every 1/10 of a second guided by GPS positions that are plotted every second. Readings can be recorded and plotted in near real time.
Once a target is indentified by the BM8 system it will be “near immediately” followed up and investigated by the field crew in an effort to locate the source and sample the same or record it for future more detailed investigations. A scintillometer instrument will also be used to test and survey readings from all sample locations. Historic records indicate that 300 – 800 bps scintillometer readings are associated with the best REE results.
The field crew, as needed, will use the portable drills, to sample at better depth, the locations indentified from the BM8 and/or scintillometer instruments and those located by normal prospecting methods. This drill system will be used to obtain fresh small core samples from outcrop or sub-crop under slight overburden. Core depth “in rock” up to 2 meters or more could be possible.
Sampling with the Mini Drill system will in many cases eliminate the need for stripping an occurrence with machinery in order to sample it. By use of a casing pipe through overburden the crew can access a buried conductor up to 10 feet under cover. Any near surface EM conductor / mag signature indentified can also be stripped using only hand tools if and when