Replies to post #138426 on $Rig's Platinum Stock Alerts

[investor911]

~ KATX Handcamp "Felsic" VMS deposit ~ Highest Grade Gold Property by USGS(United States Geological Survey)

Handcamp- From Canadian Govt Natural Resources Website
http://www.nr.gov.nl.ca/mines&en/geosurvey/matty_mitchell/Prop_for_option-gold/handcamp.pdf




Importance of Volcanic-associated massive sulphide (VMS)- An Overview
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45532143

Handcamp- From USGS (United States Geological Survey).




Handcamp is KATX's flagship property and main focus for 2010 and beyond. The "Handcamp" is located approximately 33km north of Badger, central Newfoundland and 10km northeast of the old abandoned "Gullbridge" copper mine.Abandoned logging roads run through the property allowing for excellent accessibility and mobility of heavy equipment.

What makes this property so special isn't the fact that it's a gold property, but the type of gold property that it is. Handcamp is a very special and unique type of gold deposit known as a "Volcanogenic massive sulfide" (VMS) deposit. Making this property even more special is the fact that this isn't just any type of "VMS" deposit, but it's a "Felsic" VMS deposit. World wide there is only something like 800 of these VMS deposits. They are known for their high tonnage, high quality gold deposits. Of these VMS, the best quality, highest producing gold deposits are the "Felsic" VMS deposits. Right now,out of the 40 VMS deposit sites in Newfoundland, KATX's Handcamp site is rated the highest gold grade with a 13.4 rating. It is the highest grade VMS gold site in all of Newfoundland according to the USGS.

Superimposed on the volcanogenic sulphide mineralization is epigenetic disseminated gold mineralization. The best sulphide mineralization is associated with sericite schist with veinlets and dissemination having been traced over a strike length of 1200m.

44 line kms of grid work was cut at 100m spacings east and west of a 2km baseline on the Handcamp property by Dennis Rowsell and company. 1700 soil samples were collected along the grid at 25m spacings of which 150 samples were assayed for gold and base metals displaying excellent results. The central core of the grid was prospected by foot leaving much more to be done in 2010. Rock samples were collected over the prospected areas with numerous samples showing very significant mineral content with some gold numbers as high as 158g/t Au, 94g/t Au, 82g/t Au. along with excellent Zn, CU, Ag numbers (massive to semi-massive sulphides).



Not only are these gold numbers FAR higher than any of the surrounding mining sites owned by other companies,these numbers are ONLY from surface rocks. Felsic VMS deposits are not the type of deposits that have most of their gold in the surface layers, but instead, most the gold deposits are deeper in the ground. To find these levels of gold in just the surface rocks would imply that there should be FAR more in deeper deposits.

A chip sample was cut over the main Handcamp gold showing averaging 7.1g/t Au over 8m (27ft).

How does Handcamp compare to other near by sites?

Here is a good comparison to how KATX's Handcamp property stacks up against a similar mining company. Anaconda Mining is located right down the road from Handcamp and currently is mining their Pine Cove gold property and has already brought gold to market from their site.

Anaconda has completed a NI 43-101 technical report on their Pine Cove site and has been actively mining it for the past 2 years.

Here are the results of Anaconda's test drill 43-101 report on their "Pine Cove" Gold property.

Probable mineral reserves of 2,332,676 tonnes at 2.76 g/t

And now here's Handcamps results ONLY from surface samples.

158g/t Au, 94g/t Au, 82g/t Au

As you can see, KATX's Handcamp property is showing far more gold in just the surface rock than what Anaconda is getting from it's actual mining. This is one reason why people are so excited about KATX. We will still need to get the test results back from a test drill to confirm exactly what's in the ground though.

Handcamp Data Sheet
http://www.katexploration.com/Graphics/properties/Handcamp%20Gold%20Property/Handcamp%20Data.pdf

Special Thanks to ERocks for putting these notes together!!!

Note: Link back to this post for more details!!!

G/L All,
-911

[investor911]

~ Updated: KATX(.063c) & VALE INCO
(((Must Read- Speculated Joint Venture)))

About Vale Inco

http://www.vale.com/vale/cgi/cgilua.exe/sys/start.htm?tpl=home
http://www.inco.com/

Vale Inco~ is the 2nd largest mining company in the world

1. Must Read E-Mail from Ken - KATX CEO (Strong Hints)
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45699169

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




1. License# 017006M: http://gis.gov.nl.ca/mrinquiry/License.asp?License=017006M

2. License# 017010M: http://gis.gov.nl.ca/mrinquiry/License.asp?License=017010M

3. License# 017010M: http://gis.gov.nl.ca/mrinquiry/License.asp?License=017010M

4. License# 017007M: http://gis.gov.nl.ca/mrinquiry/License.asp?License=017007M

5. License# 017005M: http://gis.gov.nl.ca/mrinquiry/License.asp?License=017005M

6. License# 017004M: http://gis.gov.nl.ca/mrinquiry/License.asp?License=017004M

7. License# 017012M: http://gis.gov.nl.ca/mrinquiry/License.asp?License=017012M

8. License# 017013M: http://gis.gov.nl.ca/mrinquiry/License.asp?License=017013M

9. License# 017003M: http://gis.gov.nl.ca/mrinquiry/License.asp?License=017003M

#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.


3.Sterling's conversation with CEO on 01/20/2010
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45690057

4.Special Notefrom Sterling's Conversation with CEO Ken
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45691043

5.Must Read DD Post from Er0ck on Vale Inco
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45697549
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45718391

***Now read the recent PR that Puts things into perspective***

Recent PR about $5m financing with 50m restricted shares- By Private Investors .10c/Restricted Share
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45541373
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45684960
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45637456

Recent PR about Additional Copper Discovery on Its "Lucky" Property (Surrounded by VALE INCO)
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45945282

Special Note from PR

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

Must Read Post about KATX Rusty Ridge Copper Property
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=44331190 i.e.

******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.

2.1 http://www.bhpbilliton.com/bb/ourBusinesses/baseMetals/olympicDam.jsp

2.2 http://www3.interscience.wiley.com/journal/119352897/abstract?CRETRY=1&SRETRY=0

2.3. http://www.mining-technology.com/projects/olympic/

Other Major Recent Events

KATX upgraded to Pink Sheet Current Information Status on Dec 24,2009 & Cancelled 2.3 billion shares
http://investorshub.advfn.com/boards/read_msg.aspx?Message_id=45592709&txt2find=events

To learn about ***KATX Handcamp Gold Property*** : Read http://investorshub.advfn.com/boards/read_msg.aspx?
message_id=46116739

KATX: Share Structure - 02/03/2010
Authorized Shares = 730,000,000
Outstanding Shares (OS) = 463,211,664
Restricted Shares = 143,000,000
Float = 320,211,664

IMO KATX is setting up for something big here.

Good Luck All,
-911