KAT Exploration Inc (KATX)

[AbrahamS]

Kat Gold Holdings Corp.
Ekom Eya Mining Operation
The Ekom Eya concession lies about 7 km to the north of Bibiani Township. It measures 24.79
acres and was part of the Bibiani North License held by Central African Gold.
The ore body was discovered by the Gold Coast Selection Trust in 1933 when excavating a
trench in the vicinity of an auriferous quartz float. The company carried on prospecting and
finally exploited the ore body actively from 1939 to 1941 during which 30,000 oz of gold was
extracted from some 90,000t of ore at an average grade of 10g/t. It is reported that gold
recovery at that time was about 80%. This high recovery is doubtful as later studies located
waste dumps of the old mine with grades ranging between 4g/t and 5g/t. It is therefore
deduced that gold recovery at that time might hover around 55%. Selective high grade
mining was the order of the day and it is common to find grades as high as 7.0g/t in the old
waste dumps and in the adjoining walls of mined out stopes. A recent grab bag sample of
the waste dump conducted in September 2011 resulted in grades as high as 9.76g/t. and
samples from the Tailings as high as 21.2g/t.
In 1964, International Gold Resources (IGR) obtained the rights to explore the area through
Echo Bay Ghana. A blanket soil geochem was carried out and striking soil anomalies occurred
over the Bibiani North ore body (herein referred to as Ekom Eya Property). However, an
airborne geophysical survey carried out failed to pick the ore body. http://katexploration.com/PressReleases/Business_Summary_Kat_Gold_Holding_Corp.pdf