KAT Exploration Inc (KATX)

[Funaboard]

I was doing some DD tonight using Google and thought I found something that has not been talked about here yet.

All of the wining for new DD and all...

Well looks like its not new after all and it has been brought up before.

So StocksGoneWild,

Thanks

"Tim Froude was one of P. Geo's that claims that Rusty Ridge has Olympic Dam potential...and he's not the only one"

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54701412

With only 2 holes drilled and then the company went quiet. Except REE and Gold and something that this group here is not familiar with IOCG

http://gsc.nrcan.gc.ca/mindep/synth_dep/iocg/index_e.php#typ <---Read this

Several of the giant IOCG deposits belong to the Olympic Dam sub-type (e.g. 600 Mt Manto Verde and 470 Mt La Candelaria), fewer belong to the other sub-types (e.g. Cloncurry sub-type 789 Mt Salobo deposit; Table 2). The Phalaborwa deposit (Table 2) is presently the world's second largest copper mine and has by-products of Au, Ag, platinum group metals, magnetite, P, U, Zr, REE, Ni, Se, Te, and Bi (Leroy, 1992). The Bayan Obo deposit hosts the world's largest resource of rare earths, and is presently the principal rare-earths producer (Orris and Grauch, 2002). In Canada, the largest IOCG deposit is the 42 Mt NICO deposit (Lou Lake) of the Cloncurry sub-type, while the 17 Mt Sue-Dianne deposit of the Olympic Dam sub-type contains metals comparable to those of the Starra deposit in the Cloncurry district (Table 2). It is currently undergoing feasibility studies.