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Jackroch

01/23/11 9:12 AM

#126943 RE: noraob20 #126941

Good find, thank you.
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balihi

01/23/11 9:30 AM

#126945 RE: noraob20 #126941

That is not the case with KATX,the results were sent to the lab 2 months ago>>>>KAT Exploration, Inc. Rusty Ridge Drilling Now Complete
Date,Nov.22,2010

KAT Exploration, Inc. Rusty Ridge Drilling Now Complete


KAT Exploration, Inc. (PINKSHEETS: KATX) www.katexploration.com

KAT Exploration, Inc. (PINKSHEETS: KATX) is pleased to report that the drilling program on the Rusty Ridge property is now complete. Two targets were tested, one deep and one near surface for a total of 1058m. Samples have been sent to the lab for analysis. Once the analytical results are received and the data reviewed by our team, a news release documenting the results will be issued
KAT Exploration Inc. Drills Rare Earth Elements (REE's) at Rusty Ridge
Date : 12/23/2010 @ 9:45AM
Source : MarketWire
Again,in DEC>>>Quote : 0.034 -0.002 (-5.56%) @ 4:14PM


KAT Exploration Inc. Drills Rare Earth Elements (REE's) at Rusty Ridge


KAT Exploration Inc. (PINKSHEETS: KATX) is pleased to inform its shareholders and the investment community that partial analytical results have been received from two diamond drill holes completed at its 100% owned Rusty Ridge property. Drilling tested two separate target areas: a deep coincident gravity and magnetics anomaly in drill hole RR10-01 and Rare Earth Element (REE) plus gold potential within altered peralkaline felsic volcanic rocks in RR10-02.

Hole RR10-02 intersected variably altered and mineralized peralkaline felsic volcanic rocks throughout the upper 245 meters of the 344 meter long hole. Initial ICP analytical results indicated elevated lanthanum and cerium through several sections; these, along with other selected sections of the drill hole were sent for a complete suite of rare earth and associated elements. Results have been received for the upper section of the drill hole from 30 to 40.1m. The analyses indicate a 7.5m interval from 30.0 to 37.5m having elevated rare earth elements and zircon, returning a weighted average of 0.164% TREO (including yttrium) consisting of 0.113% LREO and 0.051% HREO (including yttrium). The results also returned 0.268% zirconium dioxide, 0.039% Nb2O5 (niobium oxide) and 0.022% rubidium. A table showing all analyses will be posted to our website in the near future. Additional samples are being analyzed for the rare earth and associated elements from other deeper sections of the hole and will be reported when received.


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creapingman

01/23/11 10:10 AM

#126946 RE: noraob20 #126941

And to that I say drilling stopped and core samples sent out on or around Nov 22. That is 2 full months as of today for results. 3 months if you go from date of drill to dirt start time. Then they send cores out while drilling is on going. So why then can Cornerstone get results back in 1 1/2 months from drill to dirt start time? I don't care if there is a rush or not. 2 months is a long time to wait. Sugar coat it how ever you want, some thing just is not right in all this, and since you are looking to invest, IMO you would be better to chase for a few cents more on good news than have bad and lose.