KAT Exploration Inc (KATX)

[ShortonCash]

Old gold dog just need to dig a little deeper just like Little Deer billions left in the ground...20 km away Katx "Closeology" all in the same formation....

So who did the report on Falconbridge in 1980
J Hinckey
http://gis.geosurv.gov.nl.ca/geofilePDFS/Batch03/012H_0668.pdf Looks like Jim Hinchey
And what was the first thing they stated in the conclusion...
Who is they Hinchey and Saunders
Page 16 upper right
Phil Saunders, Jim Hinchey both at Gov. http://www.nr.gov.nl.ca/nr/department/contact/mines/mines.html Phillip Saunders
Project Geologist - Exploration Monitoring
Tel: [phone]
Email: [e-mail]
Mineral Rights
James P.Hinchey
Manager
Tel: [phone]
Email: [e-mail]

Pages 16 - 70 were done by the above... and they did the maps and Mercer maybe working there as well did the maps and they would know about handicamp...
If you look at page 70 on you can see that while some boring were done at a length of 100 feet the depth when drilled at an angle was rarely deeper than 100 feet
Geoscience Publication
Norm Mercer is on the gov list too
Norman Mercer Exploration Consultant
Tel: [phone]
Email: [e-mail] http://www.nr.gov.nl.ca/nr/department/contact/mines/mines.html

So, maybe now that Kat drilled deeper they found better results !

sixth hole, DDH-006, recently completed at a dip angle of-45 degrees, 50m west of DDH-004 and DDH-005 intersected mineralization from 118m to 151m a total width of 33m(112.2ft) at a vertical depth of approximately 100m(340ft).

The seventh hole, DDH-007 being drilled from the same setup at a dip angle of-65 has been designed to test for the continuation of this mineralization down dip at a vertical depth of approximately 120m (408ft)... at a greater vertical depth than all previous drilling.

Zone #1 where the first 3 drill holes took place still show that mineralization continues at depth and will require deeper testing to determine the true depth of this area of the structure.

Zone # 2, 200m north of zone #1, where the latest 3 drill holes took place, showed even greater width at greater depths and is now being tested by DDH-007 to see if the mineralization continues.

President/CEO Ken Stead commented "We are very pleased and excited with the drill program thus far and we look forward to the lab results determining the gold and base metal contents. One would have to understand the significances of these drills holes hitting mineralization at such depths and width, with already known gold showings on surface above the drilled areas. And taking into consideration the amount of mineralization discovered along with the limited amount of drilling in comparison to the known depth and 1400m strike length of the mineralized
[2:05:14 PM] Michael Waldmann: Much deeper
[2:07:12 PM] Michael Waldmann: The current drilling program tested the mineralized zone for approximately 0.9 km along strike (trend) at 250m to 300m spaced intervals and to a maximum vertical depth of 200 m. DDH 012 is the southwestern most drill hole of the current program and is approximately 600m southwest of the main Handcamp showing. During the second phase of exploration, the mineralization in DDH 012 will be tested to depth and along strike to the northeast and southwest where the IP anomaly has been traced a further 500 m and remains open. Two other induced polarization anomalies subparallel to that delineating the Handcamp mineralized zone remain to be tested by diamond drilling. One, about 350 m to the northwest, has been traced for 1.2 km and remains open and the second is about 900m to the northwest, and has been traced for 700 m and remains open. The two anomalies are viable targets for testing in the second phase of exploration

http://ih.advfn.com/p.php?pid=nmona&article=43704514

Old dog just need to dig a little deeper....

So if you read back when the cores were sent out in 1987 (?) the did the resource estimate on a small number of borings and a small area but this was still enough to be listed buy the USGS and now its deeper and larger... and combinded with other minerals...