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Friday, May 25, 2012 12:14:22 PM
Based on the very encouraging results received during Phase 1 exploration on the Handcamp property, it is clear that further exploration is warranted.
Phase 2
The objectives of the next phase of exploration are: to test for further extension of mineralization related to the Handcamp mineralized zone; to drill test other targets already identified in the area; and potentially identify new ones as a result of geophysical, geological and geochemical surveys to be carried out on extensions of the existing grid. As part of Phase 2 a program has already been planned that will include line-cutting, soil sampling, geological mapping, prospecting, IP surveys and diamond drilling (Figure 4). Line cutting will focus on the extension of the grid to the north south and west to further test targets. The orientation of the grid will be changed from the previous in order to better follow the trend of the mineralized zone and thereby facilitate further drill testing. Soil sampling is to be completed on the extended grid in an effort to locate exploration targets for follow-up exploration. An IP survey will be completed as a priority along with follow-up prospecting and geological mapping on targets identified by the geophysical and geochemical surveys. Further trenching may be required in local areas to facilitate mapping. An enhanced drilling program (3000 m) is also planned that will include testing mineralization to the south where it appears to improve, as well as other targets identified from results of the geophysical and geochemical surveys already completed. It will also include holes to the north and west contingent on additional targets that may be identified by the induced polarization and soil geochemical surveys.
Additional Exploration Phases
Further exploration beyond Phase 2 is contingent upon positive results from that phase. If warranted, a multi-phase exploration program will be carried out with the initiation of each new phase contingent on positive results from the previous phase. Continued positive results from the multi-phase exploration program would lead ultimately to a third party pre-feasibility study and production decision.
![](http://sphotos.xx.fbcdn.net/hphotos-snc6/248641_213873331976722_4374254_n.jpg)
Quality Assurance/Quality Control
All of the work completed during the exploration by KAT during 2010 was supervised by a professionally qualified on-site geologist unless stated otherwise. The geologist was present during all of the trenching and related interval chip and channel sampling. The drill core was logged in a secure facility in South Brook. All samples were submitted to Eastern Analytical Ltd where they were analyzed by Fire Assay for gold and for various other elements by 11 and 30 element ICP. Every 20th sample pulp (30 samples) and a suite of 10 samples that returned high gold analysis were obtained from Eastern and sent to Accurassay Ltd. in Gambo, Newfoundland, a different company, as a check on the results to conform to QA/QC protocols consistent with NI 43-101.
Work was completed in 2010 under the supervision of Jim Weick and Wayne Pickett, both qualified professional geologists (P.Geo.) registered with the Professional Engineers and Geoscientists of Newfoundland and Labrador (PEG-NL).
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