Replies to post #127264 on KAT Exploration Inc (KATX)

[AARGUS]

thanks geo,

so I guess we can rule out copper in hole #1, but it would be much too early to rule out anything else until we have evidence.

it may be true that other exploration co's showing REE's in the area are sharing data in order to map the volcanic sequence on their properties.

as you mentioned several times, this is all speculation pending assays and more news.

glta

[B402]

Hope is Hope, nice to have a professional opinion.

Thanks

And they stated they had results from the upper 37.5 m. So that means that 207.5 m of altered and mineralized peralkaline volcanic rocks have yet to be analyzed. The upper 37.5 had elevated REEs, or above background; i.e., current results are not economical. The remaining 200+m have the "potential" to have elevated concentrations and maybe even some sections that are of economic grade. You need the right rock types, etc and that is something we have... now we just need enriched REEs.

Also, a 245 m thick volcanic sequence is significant. If they can prove that these volcanics are playing host to REE mineralization, then it could open the door to an additional drilling program. This, combined with information from Cache's adjacent propoerty, could help direct any future program. Both companies could use their respective drilling programs to map the volcanic sequence on their properties.

[ShortonCash]

Worth re-reading