Replies to post #52306 on KAT Exploration Inc (KATX)

[pro-trader]

Newfoundland and Labrador are still in the early stages of mineral exploration.

Compared with most parts of Canada, Newfoundland and Labrador are still in the early stages of mineral exploration. This is especially true of Labrador, where the huge iron ore deposits in the west were first noted in the 1880s but not developed until the 1950s.

Between Labrador City and the east coast lies a wilderness that is virtually unexplored, waiting to be opened up by the new Trans-Labrador Highway, as a railway revealed the heart of Newfoundland.

http://www.heritage.nf.ca/environment/historic_mining.html