911.....Very nice DD again.....Its like taking Point #1 + Point #2....its seems to logically add up to Point #3. Unless we are missing something here.....we will see multiple PRs in the next couple weeks here....IMO
2.In Dec of 2009 Valley Inco staked ground around KATX Lucky property http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45957897 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
Access Map to Lucky & Vale Inco Property Red lines are the forest access roads going through the Vale and Kat properties.
Vale Inco Full Claim Report Details:Around KATX LUCKY PROPERTY
#5 Claim is right at KATX LUCKY Property with NTS Map # 02C/06 02C/05 02C/11 02C/12 and rest of the claims surrounds KATX Lucky Property
Now look at all the claims that Vale has and also where they are located in Newfoundland and Labrador. Four seperate maps of the claims are joined to give us a better picture, and in the top left corner of each map, you will see the province of Newfoundland and Labrador. Each map has a red square which indicates where the claims are located.
Below are the claims# 8-17 the ones surrounding the Lucky property.
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 Polarization(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.
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