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Saturday, March 16, 2013 12:27:47 PM
Annual Financial Report period ending Nov 30, 2012.
http://www.otcmarkets.com/financialReportViewer?symbol=KATX&id=100986
At the present time, we have staked out the following mining claims:
“Shaylee” property-Eastern Newfoundland-copper/silver
“South Lucky” property-North/Eastern Newfoundland-copper
Lucky 90 claims
Shaylee 24 claims
Lucky claims ~ Mineral Reports
http://gis.geosurv.gov.nl.ca/mrinquiry/license.asp?license=020011M
http://gis.geosurv.gov.nl.ca/mrinquiry/license.asp?license=020012M
http://gis.geosurv.gov.nl.ca/mrinquiry/license.asp?license=020013M
Shaylee claims ~ Mineral Reports
http://gis.geosurv.gov.nl.ca/mrinquiry/license.asp?license=020010M
Shaylee
http://gis.geosurv.gov.nl.ca/mrinquiry/license.asp?license=020010M
Rock Types: Sericite schist derived from felsic volcanic and epiclastic sedimentary protholiths. The region is traversed by numerous faults, most of which are high-level brittle features. The most notable of these are the Charlottetown, Salmon Brook and Platter Cove Faults and the unnamed structure that defines the western boundary of the Love Cove Group. Some of these may represent brittle reactivation of earlier, more fundamental structures. The Shaylee copper mineralization is in a rock cut on the Bunyon's Cove road. The mineralization is approx 75m wide and continues to the shoreline approximately 1km and consists of stringers of native copper, Chalcocite and Malachite staining. Continuing along the road approximately 200m, there is another copper zone containing Chalcocite and Malachite. This showing is approximately 50m wide.
http://www.katexploration.com/index.php?option=com_content&view=article&id=75&Itemid=118
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