Replies to post #130997 on KAT Exploration Inc (KATX)

[usafa]

Concur, as I stated before...Hole #1 has not been quantified! The delay is all about Hole #1! (IMHO)

[Grahamber]

Nice post!

[B402]

Short,,,As usual we disagree

I am not sure where you get your information from but I believe
you are using it in a misleading fashion. Or being Mislead..

Lets Disect

Hole RR10-01, approximately 500 meters south of RR10-02, was drilled to a depth of 719.3 meters to test a
coincident gravity and magnetics anomaly. The hole intersected mafic volcanic rocks, conglomerates and mafic
intrusive rocks that contain indications of sub-economic copper mineralization throughout most of the drill hole
(including native copper and chalcopyrite).

719 meters of native copper and chalcopyrite....the most common copper ore.... look it up... the words sub-economic is exactly the words use by the geos that first drilled Olympic Dam in Austraila. The important thing is Olympic Dam was going to be a tunnel mine... Rusty Ridge is Cutting the top of a mountain and copper is only part of the ore body....

Katx Drilled a 719m hole and found Indications of Sub economic copper through out the hole

Not found concentrations of, or intersections of copper in any grade.
Through out the hole

For the type of mining you are talking about, you need high concentrations not indications

If you you do not have high concentrations, you need intersections of higher grades in large widths

OD found 1% Copper with a 30m intersection but it was 300m deep
making it uneconomical to mine.......
This and other results like it are why they kept going
they found intersections, not concentrations

We have shown neither high grades nor concentrations so far
Yet you make it sound as if we got 719m of sub economic copper

Your avalon report needs the same as above only for REEs

You either have high concentrations or high grade intersections
RR is showing intersections not concentrations....

our intersection a 7.5 meters is small hence needing Higher grades or Percentages


4.0% TREO w/ 2% HREO would be fantastic
0.5% Treo w/.175% HREO is a min. Bare min

These numbers are to low for intersections
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.

Rusty is indeed big now, but they just gave up 30% of the original claims
They only drilled 2 holes
Thats all we have to go on for now

chalcopyrite,,,google it everyone
you could make it fit in a hundred mining plays in different ways
But it does not mean because you find some, you will find copper
Every Formation is different they may have similarities Butt..

Again Short I disagree with the use of this info, strongly
compared to what we have reported

For what you are saying we would need high concentrations of copper or Iron ore,
strip mine it and get some extra along the way
Nothing so far makes this seem probable in any way
the iron and copper is just not there yet...