Replies to post #128105 on KAT Exploration Inc (KATX)

[ShortonCash]

The way I read it this is Rusty Ridge, Ken's Mountain, West Princes....Anywhere

The volcanic sequence is best exposed in the western portion of the property, south of the community of Bunyan’s Cove. At this location, the felsic volcanics are well exposed along a prominent ridge dubbed Ken’s Mountain. The felsic volcanics at this locationdiffer from exposures further northeast in that pyrite is much more common, locally to 5%, occasionally with clear to purple fluorite occurring as vug fillings and veinlets

http://www.cornerstoneresources.com/i/pdf/Financials_AIF07.pdf

Anyway...the whole area was volcanic.....look a the maps

http://www.nr.gov.nl.ca/mines&en/geosurvey/matty_mitchell/CommodityPosters.stm

Look at the map for copper and zinc
http://www.nr.gov.nl.ca/mines&en/geosurvey/matty_mitchell/Prop_for_option-gold/OROGENIC%20GOLD,%20PDAC09.pdf

the pyrite and copper finds are all over the map... the studies show the deposits are at the edges.... we have one drill hole in the center.....and one at the edges..... the drilling might not show you what you need to see put look at the resume for the new geologist

http://www.katexploration.com/news/Geologist_Resume.pdf

You believe some other anonomious poster if you want I will believe in a guy that stands to make a buck for finding what he has been hired to do.... Notice the date.....
- Reconnaissance to deposit level geologic mapping.
- Project geologist including the supervision of geochemistry, geophysics, trenching and drilling projects from reconnaissance
exploration through to prefeasibility deposit resource / reserve estimation.
- Field experience in oil and gas, industrial minerals, uranium, gold and base metals including nickel in a variety of geological
environments including epithermal, porphyry, volcanogenic massive sulphide (VMS), and magmatic settings.
- Graduate research on the characterization and stable isotope geochemistry of silicate and carbonate alteration assemblages
related to volcanogenic base metal and epigenetic gold mineralizationVoisey’s Bay Nickel Company, St. John’s, Newfoundland (2002): core logging, drilling supervision during bulk sampling of Ovoid /
Mini-Ovoid orebodies, Voisey’s Bay Ni-Cu-Co orebody, Labrador

Porphyry to Epithermal Environments, Dr. Richard Tosdal, A short course presented by Professional Engineers and Geoscientists
Newfoundland and Labrador (PEG) in association with Canadian Institute of Mining , Metallurgy and Petroleum, Newfoundland
Branch (CIM) Delta St, John’s Hotel and Convention Centre, St. John’s, NL November 4, 2009

Alterra Resources Incorporated / Search Capital Incorporated, Vancouver, British Columbia (2008): property inspection,
completion of NI 43-101 technical report for Search Capital Inc.
White Bear Resources Incorporated, Vancouver, British Columbia / Miranda USA, Elko Nevada (2007): data compilation /
research, compilation of geological data and information, property inspection, completion of NI 43-101 technical reports for
White Bear Resources in Nevada

B.Sc. Geology (Honors Program), Carleton University (1986): Thesis on the characterization and isotopic analysis of sulphide
mineralization related to Pb Zn Cu occurrences using lead isotopes in the Lardeau Mining District, British Columbia.

[ShortonCash]

IRON OXIDE BRECCIAS AND VEINS P-Cu-Au-Ag-U
D07

Seem like to me the target values for "great OD" dam new should be actual OD values.... good values would be some order of magnatide less.... interesting values would be what was already reported.
arrays 100 or more kilometres long and up to tens of kilometres wide

http://www.em.gov.bc.ca/Mining/Geolsurv/MetallicMinerals/MineralDepositProfiles/PROFILES/D07.htm

You realize that you probably need > 60% Fe to make it profitable and a strongly hematite altered conglomerate is not going to do it. No mention of Fe assays, photo-documentation, etc. So I have strong doubts on whether there are economical concentrations of Fe to be considered "iron ore".

ECONOMIC FACTORS

TYPICAL GRADE AND TONNAGE: Deposits may exceed 1000 Mt grading greater than 20 % Fe and frequently are in 100 to 500 Mt range. Olympic Dam deposit has estimated reserves of 2000 Mt grading 1.6% Cu, 0.06% U3O8, 3.5 g/t Ag and 0.6 g/t Au with a measured and indicated resource in a large number of different ore zones of 450 Mt grading 2.5% Cu, 0.08 % U3O8, 6 g/t Ag and 0.6 g/t Au with ~5,000 g/t REE. The Ernest Henry deposit in Australia contains 100 Mt at 1.6% Cu and 0.8 g/t Au. Sue-Dianne deposit in the Northwest Territories contains 8 Mt averaging 0.8% Cu and 1000 g/t U and locally significant gold. The Kiruna district contains more than 3000 Mt of Fe oxide apatite ore grading 50-60% Fe and 0.5 -5 % P. The largest orebody at Bayan Obo deposit in Inner Mongolia, China contains 20 Mt of 35 % Fe and 6.19% REE.

ECONOMIC LIMITATIONS: Larger Fe oxide deposits may be mined for Fe only; however, polymetallic deposits are more attractive.

IMPORTANCE: These deposits continue to be significant producers of Fe and represent an important deposit type for producing Cu, U and possibly REE.

GEOCHEMICAL SIGNATURE: Anomalously high values for Cu, U, Au, Ag, Ce, La, Co, ± P, ± F, and ± Ba in associated rocks and in stream sediments.

GEOPHYSICAL SIGNATURE: Large positive gravity anomalies because of Fe oxides. Regional aeromagnetic anomalies related to magnetite and/or coeval igneous rocks. Radiometric anomaly (such as airborne gamma-ray spectrometer survey) expected with polymetallic deposits containing uranium.

OTHER EXPLORATION GUIDES: Proterozoic faulting with associated Fe oxides (particularly breccias), possibly related to intracratonic rifting. Widespread hematite, sericite or chlorite alteration related to faults. Possibly form linear arrays 100 or more kilometres long and up to tens of kilometres wide.