KAT Exploration Inc (KATX)

[chmcnfunds]

geo, they called Louil Hills a Rare Earth Property as early as June 2010 which was prior to the REE bubble. They referred to KATX's Olympic Dam style deposits and noted they had the same. At that time they did a release which had heavy mention of the KATX's Rusty Ridge REE potential:

Quote:

"The results found in this review of historical data and the current ongoing exploration results by Kat Exploration on their adjacent property has been very successful in identifying anomalies in the Louil Hills area that suggest the potential for a body of iron oxide with base metals, precious minerals and rare earth mineralization similar in style and setting to the giant Olympic Dam deposit in Australia.
Olympic Dam style deposits all occur within continental rift sequence rocks adjacent to major structures. The Louil Hills REE Property is located within a continental extensional environment within peralkaline rocks emplaced adjacent to a regional fault system. The presence of a large magnetic body that appear to be intrusive into the overlying rock sequence that appear regionally altered, are variably pyritic and contain vein type fluorite mineralization and appears to suggest a magmatic origin for the mineralization.
KAT Exploration recently completed an exploration program on ground adjacent to the Louil Hills REE property and stated 'Anomalous levels of the Light Rare Earth Elements (LREE) cerium and lanthanum, all present in Olympic Dam (and others) were not only detected in soils but also in rock samples as well. In addition, the soil geochemistry also produced anomalies in silver, gold, copper'."

http://www.cacheexploration.com/news/2010-news/57-cache-expands-louil-hills-rare-earth-property.html

KATX/BVIG/KATG

Certainly they seem to highly regard the RR property and seem to have Ken's permission to mention it in the media.

KARX/BVIG/KATG