KAT Exploration Inc (KATX)

[TinkerBelle]

Boardmarks KATX 743 and BVIG 157....

Ken Stead continues his exploration and now has a gold mine too.

http://www.katexploration.com/index.php?option=com_content&view=article&id=81&Itemid=178

Ekom Eya Project

KAT Gold’s project in Ghana is an existing mining operation located on the Bibiani Gold Belt in Ghana. Based on previous drillings, there is a known minimum resource of 300,000 oz, with intersections between 2m-8m of grades up to 24g/t. There is also a waste dump estimated to contain 30,000t with reported grades up to 9.76g/t (representing a minimum of 4,000 oz) and a 60,000t tailings area with sampling results as high as 21.2g/t.

Artisanal production conducted by locals has been ongoing on a small scale for some time, but with the arrival of our mine manager Thomas Brookes to the Ekom Eya mine site in July, there has been an increase in activity and planning for a greater increase in production through proper mining techniques has begun.
Ekom Eya Mining Operation Project Highlights:

Bibiani Gold Belt

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

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 up to 24g/t,

Opportunity for additional drilling
http://www.katexploration.com/Graphics/properties/Ekom%20Eya%20Gold%20Property/Ekom_%20Eya_Report_Western_Region_Bibiana_Ghana.pdf