2.In Dec of 2009 Valley Inco staked ground around KATX Lucky property Remember:VALE INCO Acquired those claims on 12/11/09 after KATX released Lucky Property copper discovery PR on 11/23/2009. Must Read Note: This Map showing all yellow and orange properties are owned by Vale Inco (Refer to VALE INCO Claims below ). Here is a question to think about.....would Vale Inco buy all that land if they didn't think it would be worth it? And KATX Property being nestled within Vale's properties, and being on a same peninsula, there is no way that a company other than Vale is interested in a JV with KATX
1*Each new copper discovery on the "Lucky" property lends itself to significantly boosting its potential to a higher likelihood of acquiring a JV partner.
2*In recent months, the area where the "Lucky" property is located has drawn the interest of a major world class mining companyand Kat will continue to bring both the North and South "Lucky" properties to their full potential.
Remember- This is just about one of the KATX Copper Property
KATX owns 100% Rusty Ridge High Grade Copper Property: Coincidental magnetic Induced Polorization(IP) resistivity and soil geochemical anomalies suggest potential for a body of Iron Oxide +/- Base, Precious and Rare Earth type mineralization, similar in style and setting to the Giant Olympic Dam deposit in Australia
******Olympic Dam Deposit****** http://www.bhpbilliton.com/bb/home.jsp Located 560 kilometres north of Adelaide, South Australia, Olympic Dam is a multi-mineral ore body.It is the world's fourth largest remaining copper deposit, fifth largest gold deposit and the largest uranium deposit. It also contains significant quantities of silver.