KAT Exploration Inc (KATX)

[ShortonCash]

Exactly, this is not new...only the technology is...What is your experience with the new 3 D targets.

Historical Info on Rusty Ridge:

Quote:
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MOUNT PEARL, NEWFOUNDLAND--Cornerstone Capital Resources Inc. (CDNX - CTP) has received the results of a 3-D magnetic inversion completed on data over a portion of the Ken's Mountain magnetic anomaly on the South Princess property. The work had been undertaken to further investigate the potential for iron oxide-copper-uranium-gold-silver-rare earth deposits in the area...

Further work in 2001 showed the Ken's Mountain area to exhibit several geological, geophysical and geochemical characteristics associated with iron oxide-copper-uranium-gold-silver-rare earth deposits, particularly deposits in Australia. The most striking characteristic is the fact that the 12 X 4 km magnetic anomaly in the Ken's Mountain area [a.k.a. “Rusty Ridge”] is adjacent to the Charlottetown Fault, a major regional structure. The South Princess area rocks developed in an extensional continental environment during late Proterozoic time, a setting common to a number of the world's largest iron oxide type deposits...