Replies to post #162429 on KAT Exploration Inc (KATX)

[Mtaylor1234]

Read page 8:

Kat Exploration Inc. conducted trenching and drilling at its Handcamp gold property in central Newfoundland. Highlights include a drill interesection of 6.3 g/t gold and 111.6 g/t silver over 1.9 m.

http://www.nr.gov.nl.ca/nr/mines/exploration/explorationactivity/Exploration%20Highlights%202010%20for%20web.pdf

DO NOT BE BAMBOOZLED!!

[mappo]

Agree, Hand Camp is now worth 300% more than last year.

[mappo]

That's great info on Hand Camp.
Great post.

[mappo]

Mtaylor1234 -- That is great info
for HAND CAMP.
A must read for all shareholders.
Thanks Mtaylor.

Hand Camp is the biggest property amongst all other KAT properties, 82 square km in size, huge.

see post #161656, VALE's new Processing Plant in progress.



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[mappo]

Hand Camp, Huge, 82 square km in size, really comparable to the DF Project (see post #160830.)
But of course VALE-LUCKY Deal is shareholders' immediate concern.
News of JV or BUYOUT may come anytime without warning.

see post #157628, all claims updated.


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[mappo]

Chmcnfunds, here's the Gov on Hand Camp.
Hand Camp is huge.
All 12 drill holes came up with Gold & lots of silver.
Ken's geo-team did a great job.

If Ken's geo-team did the job for the DF property (see post #160830) it probably wouldn't take 202 holes to find the MOTHERLODE there.
Anyway, they found the MOTHERLODE and pps exploded to $43.50 from $0.20. A whopping 20,000% GAIN.

Who knows, with LUCKY'S Copper, and HAND CAMP"S Gold & Silver,
This KAT may be a FAT one soon.

Have a great week.

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[Funaboard]

Handcamp Property is Extended
On 26th July 77 new claims were added to the Handcamp property, bringing the total to 226 claims - 82sqkm





http://investorshub.advfn.com/boards/board.aspx?board_id=14564

Oh Look there is a road right next to it too !!!!

NICE !!!

[Grahamber]

I really think most will find KATX on Page 4 located near the bottom and noted on the map as area 45 for Major Exploration Properties - AU - Gold Property:

http://www.nr.gov.nl.ca/nr/mines/exploration/explorationactivity/Exploration%20Highlights%202010%20for%20web.pdf

[mappo]

Mtaylor, great post about
Hand Camp.
Thanks.

[mappo]

Hand Camp, phase 1 drilling,
all 12 holes came up with GOLD, and lots of SILVER.
Just Amazing.
No doubt the Newfie Gov upgraded Hand Camp.
That's why Ken's Geo-team immediately staked 77 more new claims to Hand Camp.
They know what they are doing. We don't.

Rusty Ridge is another great property, see post #121889.


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[mappo]

Spudskie -- Nobody expected the delay of BVIG shares,
that's why can't hold the word "soon" responsible.
We will see when we get those BVIG shares, hope soon.
But you can't deny the fact that HAND CAMP has lots of gold & silver.
All 12 holes got that.
Don't forget, it took 202 holes for the DF to prove up.

Now with RUSTY RIDGE showing all kinds of REE,
and VALE-LUCKY may PR soon, why worry ?

See post #167857, exciting % comparisions.
See post #121889, all kinds of REE.

..

[mappo]

Hand Camp, thanks to the NEWFOUNDLAND GOV.

[Funaboard]

Brownfields projects are those where a company has an already-operating mine and explores for additional ore below or proximal to the identified ore body.

Brownfields projects are attractive because the presence of mineralization has already been confirmed in an area. Which increases the odds of making a discovery in a near-by but unexplored place. If the conditions for creating economic mineralization existed at this spot, there's a decent chance they existed 500 meters to the south of here. Reducing exploration risk.

Another risk-mitigating factor for brownfields projects is that companies can apply existing knowledge about a mineral system.

Once a mine is built, a large amount of geological data has already been collected, and controls on mineralization are (hopefully) understood. If close-by deposits were created by the same fluids, structures, etc., an exploring company can use its knowledge base to better target their work. Meaning less wasted money and higher probabilities of finding something.

Brownfields projects are also attractive because they don't have to achieve as high a degree of success in order to provide economic benefits.

Let's take a closer (and highly simplified) look at how this works. Imagine a gold mining company that makes two discoveries. Both are in new areas. The first deposit contains 100 million tons of ore grading 0.6 grams per ton gold. The second has 100 million tons also, but at 0.8 grams per ton grade.

Both deposits are in the same region, and projected mining and processing costs are $12 per ton of ore. The cost to build a 30,000 ton-per-day mine at either spot is $350 million.

The company now crunches the numbers. At 0.6 g/t, the first deposit will yield an operating profit around $3.50 per ton (assuming 90% gold recovery and $900 gold price).

But even though the mine runs positive cash flow, the economics don't work. Over the mine's life, it only produces $250 million in discounted cash flow (at an 8% discount). After paying $350 million to build the operation, the operator loses a net $100 million. This deposit would go undeveloped.

The higher-grade prospect, however, looks pretty good. At 0.8 g/t, each ton of ore yields a profit of almost $9. Over the whole mine life, the operation produces discounted cash flows of $650 million. Paying back the $350 million in building costs and providing $300 million in profit. Green-light this one.
That's fairly straightforward. But now suppose the higher-grade mine is nearing the end of its life. The 100 million tons of ore is almost gone.

Embarking on a brownfields exploration program, the company discovers a deposit a few hundred meters away. This brownfields discovery is 50 million tons at 0.55 g/t.
Even though this discovery is smaller and lower-grade than the uneconomic 0.6 g/t deposit, this one can be produced.

At 0.55 g/t, each ton of ore processed yields a profit of $2.50. And because most of the facilities for mining and processing the ore have already been built and paid for, the additional capital cost is very low. Perhaps only $50 million for pre-stripping and road building.

Using these numbers, the brownfields deposit produces a net profit of $50 million. Go ahead and mine.
Because of these improved economics, the hurdle for an economic deposit is much lower in a brownfields setting. Smaller and lower-grade ore bodies can make money. And because more deposits fit the bill, the chances of successful exploration (i.e., resulting in an economic discovery) are greater.

The attractions of brownfields work are not lost on the world's major mining companies. Tim's report I mentioned above estimates that majors spend 40% of their exploration budgets on near-mine projects.

Just last week, partners BH..P, Xst..ta and Te...ck Resources announced they will spend $1.3 billion to produce newly-discovered ore at Peru's long-running Antamina zinc-copper mine. Even though this is an old mine, ore reserves were increased by 75% in 2008. Largely due to brownfields exploration success.

The world's biggest copper producer, Chile's Codelco, also likes the brown these days. The company announced last week it will spend $2.3 billion this coming year to tap new reserves at existing mines. You don't need to go far to find new ore.

The flip side of this coin is that as majors focus more on brownfields, they let greenfields exploration slide. Many majors have cut or completely eliminated their budgets for spec exploration over the past few years. Exploring in unproven areas is simply too costly and too risky.

But greenfields discoveries are critical to the mining business. There's only so much you can expand existing mines. Eventually you need to find new deposits and new districts.

Meaning there's an ever-developing niche for junior companies like KATX that can bring fresh exploration ideas to the table. These are the kind of outfits majors will do joint-venture deals with. Bigger companies are okay with spending on good projects. They just don't want to pay the overhead to come up with the ideas themselves.

For the few (and I mean few) teams proficient with generating exploration targets this is very good news. Good ideas are going to be worth more and more going forward.

That's why I think KATX is a great buy anywhere down here. Ken and Tim know exploring in Newfoundland !!!

[jayree]

Wow, I must've been out of the board for such a long time. Great read. Looks like w just increased our chances multifold. To KATX !

[louieforpar]

nowhere on page three does the gov.specifically name handacamp or katx.show me.

CHECK OUT PAGE 3 OF THIS GOVERNMENT REPORT:

[Funaboard]

Kat Exploration Inc. conducted trenching and drilling
at its Hand Camp gold property in central
Newfoundland. Highlights include a drill intersection
of 6.3 g/t gold and 111.6 g/t silver over 1.9 m.
http://www.nr.gov.nl.ca/nr/mines/exploration/explorationactivity/Exploration%20Highlights%202010%20for%20web.pdf

I like this part too !!!

Page #8

[mappo]

Gold is rising back to almost $1,800.00 this morning ($1,797.00 to be exact.)
Hand Camp is worth more & more each day.
All that gold & silver, who knows, some Big Players maybe talking to Ken now.
Patience.

[mappo]

Hand Camp, possible BUYOUT TARGET ?

[wshaw14]

Mtaylor, great post.

[Lucia33]

Thanks Mtayor1234 I agree, great post

[gump90]

HANDCAMP PROPERTY CONSIDERED A MAJOR GOLD EXPLORATION PROPERTY BY THE GOVERNMENT OF NEWFOUNDLAND!!!!

To that I say .. SO WHAT ????? Statements like that from the Provincial Mines Dept.s are meaningless. They are promoters too in their own way. And that post was back in August. Was any fieldwork done on Handcamp in 2011 ?? I have not seen any results. I don't think there was.

[mappo]

Mtaylor ---- Good to know about Hand Camp.
Great post.

also:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68342138

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[mappo]

Hand Camp
has lots of gold & silver.
Drill-results proved it.
Great post.

[mappo]

Shouldn't forget Hand Camp.
Drll-results: all 12 holes came up with Gold,
and lots of Silver.

[mappo]

Hand Camp, huge potential.

[mappo]

Hand Camp will be great.

[mappo]

The whole world is about Gold, Silver and Copper also.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68341419


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[mappo]

Gold, Silver & Copper prices are gradually moving up.
Hand Camp, Gold & Silver.
LUCKYS, Copper & more.
Thanks Mtaylor.



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[mappo]

Hand Camp, now classified as "MAJOR GOLD PROPERTY."
Looking Good.

Don't forget COLLIER'S Property :
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45928867


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[mappo]

Besides Hand Camp, wonder how many other properties are classified by the Newfoundland Gov as "MAJOR GOLD PROPERTY" ?
Anyone ?

[mappo]

Gold hit $1,749.60 this morning.
Looking good for Hand Camp.
All 12 holes came up with gold,
and lots of silver.



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[mappo]

Hand Camp, looking good.

[mappo]

Mtaylor, Hand Camp is likely a big surprise
to shareholders.
Since the Gov upgraded Hand Camp,
Hand Camp was taken off the Gov-option List, why ?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72898698

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[mappo]

Hand Camp, all
12 holes came up with Gold & Silver.
Now taken off from the Gov-option List.
Very interesting.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72898357

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[mappo]

Hand Camp, Huge Potentials.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72898357

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72900495

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[mappo]

Hand Camp, Major Gold Property.
Rusty Ridge, Major REE Property.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=74029133

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[mappo]

Hand Camp, huge Gold & Silver potentials.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=74029133

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[wshaw14]

I for one do believe the HC property will prove up. If not for gold only, for silver & Gold. Looks like at very least lots of Silver and at least some gold in every hole.

[mappo]

Hand Camp, Phase 1 Drilling,
all 12 holes came up with Gold, and lots of Silver.
Phase 1 drilling results:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=75959786
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=74029133


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[mappo]

That is really good to know.
Thanks Mtaylor.


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[mappo]

Hand Camp,
official Major Gold Exploration Property.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=74029133


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[mappo]

Hand Camp : Huge potentials for Gold & Silver.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=74029133


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[mappo]

Gold may reach $2,000.00 by next year.
When that happens, Hand Camp will be an acquisition target for Big Players.
That can happen since HandCamp's phase 1 drill-results are very good, all 12 holes came up with Gold, and lots of Silver.
Need patience.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=75959786


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[mappo]

Hand Camp, Phase 1 drill-results
are very good.
All 12 holes came up with Gold, and lots of Silver.
Hand Camp, huge potentials.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=75959786


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[mappo]

Hand Camp, classified by the Gov
of Newfoundland as "Major Gold Exploration Property."
Great post.


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[mappo]

Hand Camp & Ghana,
these 2 will move both Katx & BVIG forward nicely.
HC Phase 1 results:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=75959786
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=74029133


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[mappo]

Hand Camp, huge potentials for Gold & Silver.
Phase 1 drill-results:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=75959786


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[mappo]

Hand Camp, now classified Major Gold Exploration Property.
Very good to know.
Thanks Mtaylor1234.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=74029133


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[mappo]

Hand Camp & Rusty Ridge,
potential for JV.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=74029133
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=74347274


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[mappo]

Gold & Silver is rising fast in recent days.
With Hand Camp's drill-results, looking great.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79176011
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79380034


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[mappo]

As Gold approaching $1,800.00,
Hand Camp is now worth alot more.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79380034
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79176011


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[mappo]

Hand Camp, huge potentials.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79380034


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[mappo]

Hand Camp, a classified Major Gold Exploration Property.
More on Hand Camp:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79380034
Hand Camp & Rusty Ridge:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=74029133


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[mappo]

Hand Camp, Huge Potential.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79380034
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79176011


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[mappo]

Hand Camp ... Huge potentials for Gold & Silver.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79380034
Phase 1 drill-results:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=75959786


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[mappo]

Hand Camp .... Huge Potentials.
A very special Major Gold Exploration Property.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79380034
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68341639
Phase 1 drill-results, excellent.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79176011


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[mappo]

Hand Camp .. A very Special Gold Property.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79380034



Weeeeeeeeeeeeeeeeeee !!


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[mappo]

Hand Camp is classified by the
Newfoundland Gov as "MAJOR GOLD EXPLORATION PROPERTY" about a year ago.
Huge potentials for Gold & Silver, Phase 1 drilling proved that to be true.
Phase 1 results:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79176011
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79380034


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[mappo]

More on Hand Camp.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79380034


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[Mtaylor1234]

I feel a rally coming folks. I am a long who will grab as many shares as I can given a quick buying opportunity. Always great to accumulate right before a run.