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KAT Gold Holdings Corp Purchases Global Gold Inc.
Date : 04/19/2012 @ 10:15AM
Source : MarketWire
Stock : KAT Gold Holdings Corp (BVIG)
http://ih.advfn.com/p.php?pid=nmona&article=52070171&symbol=BVIG

KAT Gold's Managing Director for Africa is Thomas Brookes, formerly CEO and founder of Global Gold, who, for more than 30 years, has been involved in the exploration and extraction of natural resources from drilling for oil and natural gas in Canada's high arctic to working in the gold fields of northwest British Columbia and the Yukon Territories. Mr. Brookes has a long established presence in Ghana West Africa having opened an office in Accra, Ghana in 2004 and has travelled extensively through all of the major Gold producing areas, including those off Burkina-Faso.

During these travels Thomas has met with the principles of several ongoing Gold mining operations and has also gained firsthand experience in the social skills necessary during negotiations with the local dignitaries and also the procedural elements regarding dealings with various Government departments. With Thomas Brookes leading the way in supervising the production of the Ekom Eya mining operation, along with planned acquisitions of other Gold prospects, KAT Gold Holdings Corp believes it will become a major contender within the African Gold mining industry.

Mr. Stead, CEO, stated, "Thomas Brookes is a seasoned professional with a reputation for getting things done. He has operated extensively in Ghana and other countries in the regions. His 'boots on the ground experience' is invaluable and substantially reduces, if not completely eliminates any learning curve. Our next step planned is to ramp up Gold Production at the Ekom Eya mine which we believe is a very significant Gold deposit."

From the KAT Gold Business Summary:
The Ekom Eya Mining operation is a partnership with an existing mining operation located in the Bibiani Gold Belt.
Project Highlights:
? Bibiani Gold Belt
? Partnership with Ekom Eya Mining Cooperative
? Historical mining on property -1939-1941- 30,000oz extracted from 90,000t ore (10g/t)
? Drilling on property including 49g/t over 2m and 19.7g/t over 2.1m
? Waste dump estimated to be 30,000t with reported grades up to 9g/t
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Kat Gold Holdings Corp.
? Tailings estimated 60,000t at up to 21.2g/t in Pamunu river
? Inferred resource of 1,380,887 tons @ 6.0g/t (266,380 ozs) (based on 17 hole drill results), with intersections between 2m-8m of grades upto 24g/t,
? Opportunity for additional drilling
http://www.katexploration.com/PressReleases/Business_Summary_Kat_Gold_Holding_Corp.pdf