KAT Exploration Inc (KATX)

[TinkerBelle]

Latest NOBLE Report, where KAT's Ekom Eya sits within their Prospecting License.

http://www.nobleminres.com.au/live/wp-content/uploads/2012/11/March-2013-Quarterly-Activities-Report.pdf

Noble now intends to defer the commencement of lower margin surface mining operations and prioritization of a move towards high margin underground mining.

It Does not say where, so we will have to keep our eyes open for more information from NOBLE Mineral Resources.

But, Remember what Wayne Norris said regarding the Old 'Bibiani North Mine'

Wayne Norris, Managing Director (NOBLE) regarding Bibiani North Mine
http://www.brrmedia.com/event/99071/wayne-norris-managing-director
can be heard @ 1:30 – 2:00 on stream

“The Bibiani North is basically to ensure we keep our prospecting Licenses in good standing, and obviously there is a lot of history around Bibiani North as well. It’s an old mine from 1907-1908 period, that has had no real modern exploration done on it.
We’ve in field drilled that and it is a requirement to keep the tenure in good standing, but some excellent results from that, and certainly higher grades than we expected there, but historically it was a high grade underground mine.”