InvestorsHub Logo
Followers 41
Posts 2363
Boards Moderated 0
Alias Born 01/14/2010

Re: None

Friday, 05/25/2012 12:12:29 PM

Friday, May 25, 2012 12:12:29 PM

Post# of 31300
HC ~ Gold in every core, and LOTS of Silver!
Check out DDH 012 and 004
Handcamp Info from KAT Business Summary
http://www.katexploration.com/PressReleases/Business_Summary_Kat_Gold_Holding_Corp.pdf

Diamond Drilling
A total of 1640 m of diamond drilling in 12 drill holes was completed as part of the 2010 exploration program on the Handcamp property.
Eleven of the holes were located in three fences spaced at approximately 250 to 300m intervals, the central fence located near the Main Handcamp Prospect. The 12th hole was located about 600m south of the main Handcamp prospect drilled to test the southern extension the IP anomaly. It is also near a location where a grab sample of angular float had returned a value reported at 13 g/ton gold collected near some old workings (a shaft), which had been discovered during the excavation of one of the trenches.
All of the drill holes successfully intersected alteration and mineralization associated with the Main Handcamp structure referred to by Falconbridge as the “mineralized zone”. Estimated
P a g e | 33
Kat Gold Holdings Corp.
true widths of the mineralized zone intersected varied from 15 to 50 m. The structure was tested to a vertical depth of 185 m, or approximately 135 m below intersections completed during previous drilling by US Borax and Falconbridge along the Handcamp structure.
Anomalous values of gold, silver, lead and zinc were intersected in all of the holes. The results were described as “very encouraging mineralization at shallow depth” in a press release on August 25, 2010. Mentioned among the highlights in the release,
“Diamond drill hole DDH 004 intersected 6.3 g/t (0.18 oz./ton) gold and 111.6 g/t (3.3 oz./ton) silver over 1.9 m (1.4 m estimated true width) including 10.8 g/t (0.32 oz./ton) gold and 222.4 g/t (6.5 oz./ton) silver over 0.9 m (0.7 m estimated true width) within a wider interval grading 3.1 g/t gold and 42.6 g/t silver over 5.9 m (4.4 m estimated true width) … Diamond drill hole DDH 012 intersected 5.5 g/t (0.16 oz./ton) gold over 1.8 m (1.4 m estimated true width) within a wider interval grading 3.5 g/t gold (0.10 oz./ton) over 3.5m (2.6m estimated true width). Both intersections occur within an even broader mineralized zone defined by elevated gold that includes 1.2 g/t gold over 20.9 m (15.6m estimated true width) in DDH 004 and 1.0 g/t gold over 17.8 m (13.3 m estimated true width).
The table of intersections included in the press release is included in Table below


Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent RMSL News