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News Focus
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mo282

02/26/10 1:56 PM

#25766 RE: bob smith #25765

it could be the first 3 but not the last, last results were great.
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Rick-UK

02/26/10 2:20 PM

#25780 RE: bob smith #25765

Hi Bob. They are very reasonable questions to ask and good ideas as to the possible answers. I have a couple of thoughts to throw in to the conversation if I may:

In the press release on 1st Feb Ken said:

The remaining, approximately 800 soil samples from this 44 line km grid within the 2sq km's are now being prepared for immediate transporting to the lab for analysis... So in fact we don't know precisely when the samples were sent to the lab. It could have been several days after the 1st Feb.

Ken also said:

...As soon as results are received from the remaining 800 soil samples, we will notify the public of the results, and these too will be digitally plotted by an independent geologist in order to have them posted to the website.

So it may take several days after the results are received for them to be analysed and put onto a presentable format for us.

Regarding the first 593 samples Ken said:

Of the 593 samples submitted, an amazing 239 samples have tested positive for gold... ...we are extremely pleased with the results which in turn show that the contractor who collected the soils did a good job. While the company was expecting good results, we never imagined that gold would show up in such a large number of samples. Just from a quick review of the results of the larger gold numbers, it is obvious that there are other areas on the property hosting significant gold and base metals."

The remaining, approximately 800 soil samples from this 44 line km grid within the 2sq km's are now being prepared for immediate transporting to the lab for analysis.

The first 150 soil samples revealed a very strong gold anomaly 400 meters south of the high grade gold showing posted on Kat's website. These latest results will no doubt aid in extending the strike length of the already discovered high grade gold areas. Some of the latest 593 samples were sent from areas over 600 meters from the high grade zones, which demonstrate the significance of how widespread gold is throughout the property.


Finally, Ken also said:

The final batch of soils will help fill in the gaps between some of the areas that have not been tested for gold and help identify areas of any significant size.


I therefore would be very surprised indeed if the remaining samples were bad, as this would be a complete reversal on the results so far received.

http://www.marketwire.com/press-release/KAT-Exploration-Receives-Very-Exciting-Gold-Results-From-Handcamp-Soil-Samples-1110051.htm

I am happy to put my trust in Ken. He has delivered everything he said he would do (and some) for us to date.

We will get our results (plus maybe other news too) in due time and very soon I am sure.

GLT us all!

Rick
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Popunjay

02/26/10 2:23 PM

#25782 RE: bob smith #25765

Bob, I already explained this to you. The samples have not been back this past week according to any PR.

On the Feb 8 PR they said the had JUST sent out the samples. Ken has said it is a 2-3 week turnaround time. Do the math.

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Captain Hindsight

02/26/10 2:36 PM

#25790 RE: bob smith #25765

Well the results should have already been released. When a company delays a quaterly or annual report they are always bad. So in this case if the results were good and I was Ken the results would have been ran almost instantly.