KAT Exploration Inc (KATX)

[ShortonCash]

IRON OXIDE BRECCIAS AND VEINS P-Cu-Au-Ag-U
D07

Seem like to me the target values for "great OD" dam new should be actual OD values.... good values would be some order of magnatide less.... interesting values would be what was already reported.
arrays 100 or more kilometres long and up to tens of kilometres wide

http://www.em.gov.bc.ca/Mining/Geolsurv/MetallicMinerals/MineralDepositProfiles/PROFILES/D07.htm

You realize that you probably need > 60% Fe to make it profitable and a strongly hematite altered conglomerate is not going to do it. No mention of Fe assays, photo-documentation, etc. So I have strong doubts on whether there are economical concentrations of Fe to be considered "iron ore".

ECONOMIC FACTORS

TYPICAL GRADE AND TONNAGE: Deposits may exceed 1000 Mt grading greater than 20 % Fe and frequently are in 100 to 500 Mt range. Olympic Dam deposit has estimated reserves of 2000 Mt grading 1.6% Cu, 0.06% U3O8, 3.5 g/t Ag and 0.6 g/t Au with a measured and indicated resource in a large number of different ore zones of 450 Mt grading 2.5% Cu, 0.08 % U3O8, 6 g/t Ag and 0.6 g/t Au with ~5,000 g/t REE. The Ernest Henry deposit in Australia contains 100 Mt at 1.6% Cu and 0.8 g/t Au. Sue-Dianne deposit in the Northwest Territories contains 8 Mt averaging 0.8% Cu and 1000 g/t U and locally significant gold. The Kiruna district contains more than 3000 Mt of Fe oxide apatite ore grading 50-60% Fe and 0.5 -5 % P. The largest orebody at Bayan Obo deposit in Inner Mongolia, China contains 20 Mt of 35 % Fe and 6.19% REE.

ECONOMIC LIMITATIONS: Larger Fe oxide deposits may be mined for Fe only; however, polymetallic deposits are more attractive.

IMPORTANCE: These deposits continue to be significant producers of Fe and represent an important deposit type for producing Cu, U and possibly REE.

GEOCHEMICAL SIGNATURE: Anomalously high values for Cu, U, Au, Ag, Ce, La, Co, ± P, ± F, and ± Ba in associated rocks and in stream sediments.

GEOPHYSICAL SIGNATURE: Large positive gravity anomalies because of Fe oxides. Regional aeromagnetic anomalies related to magnetite and/or coeval igneous rocks. Radiometric anomaly (such as airborne gamma-ray spectrometer survey) expected with polymetallic deposits containing uranium.

OTHER EXPLORATION GUIDES: Proterozoic faulting with associated Fe oxides (particularly breccias), possibly related to intracratonic rifting. Widespread hematite, sericite or chlorite alteration related to faults. Possibly form linear arrays 100 or more kilometres long and up to tens of kilometres wide.