Good mornin' Just having my saturday morning coffee and admiring the balance in my brokerage account thanks to katx yesterday. Yesterday's pr was the most explosive and informative one, imo, that katx has ever put out and now there is more than ever a solid reason to place your bets here, of that I am convinced. Here are sixteen points from that press release. From it, we have confirmation that:
1.The preliminary review and interpretation of the Induced Polarization (IP) and geophysical survey data is now completed by Abitibi Geophysics of St. John's, Newfoundland on the Handcamp property.
2.Drilling of Handcamp will begin on June 28th.
3.KAT Exploration has already received the drilling permit from Newfoundland Department of Mines & Energy to carry out the drilling.
4.The final stages of trenching will commence this Monday, June 21st, 2010.
5.The first series of drill testing will be carried out on areas where the chip samples returned results of 7.1 g/t Au (gold) mineralization exposed over 28ft in an outcrop showing visible gold.
6.A core shack has been secured for logging and splitting of the drill core.
7. The drill crews will work around the clock with double 12 hour shifts in order to complete all drill holes in a timely manner.
8.A National Instrument NI 43-101 will be compiled to cover both, precious (Gold & Silver) and base metals (Copper, Zinc, Lead, etc) throughout the property.
9.Geologist, Mr. R. James Weick, has been engaged to oversee the drilling project and to complete NI 43-101 report for the Handcamp property.
10.The drill results will be announced as soon as we have them from the lab.
11.The drill contract has been awarded to Cabo Drilling for a minimum of 15 holes and a minimum of 1200 meters.
12.Bella Viaggio, Inc. will be "KAT Gold Holdings Corporation" and KAT Exploration, Inc. (PINKSHEETS: KATX) will distribute to its shareholders 1 restricted share of (OTCBB: BVIG) for every 4 shares of (PINKSHEETS: KATX) owned up through the record date to be decided by its board of directors to be executed as early as possible. KAT Exploration shareholders will be unaffected while having restricted shares of BVIG.OB distributed as an additional equity.
13.Our investor's relation department felt it would be advantageous to post a Flow Chart on our web site under 'Properties,' to clarify the present structure and the future direction of the company. The flow chart can be accessed with the following link i.e.
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