Replies to post #168321 on KAT Exploration Inc (KATX)

[rubber duck]

I and many others were keeping an eye on Red Cliff to see what would happen there, if they found nice intersections it would've hopefully put KATX's Lucky property in Vale's crosshairs for a phase 1 program. Well, we both know what happened with that, which IMO probably dropped Lucky down on Vale's priority list. It's funny to hear people trumping up that Vale was active in the Lucky area, yes, they were, and they didn't find anything. I have yet to hear anything since.

[ShortonCash]

More like 7.3 Km away.....not 73 http://www.nr.gov.nl.ca/mines&en/geosurvey/publications/cr2005/obrien.pdf page 9 guess where the copper was found North Lucky...

http://www.cornerstoneresources.com/s/Newfoundland.asp?ReportID=386493
This work resulted in the discovery of a number of new copper showings, the most significant being the Blue Point prospect located on a coastal cliff in the northeast part of the property. Continuous chip sampling across the reduced mineralized zone at Blue Point returned 0.54% Cu and 7.2 g/t Ag over 25.5 m, including 0.93% Cu and 13.02 g/t Ag over 13.5 m. In 2001 and 2002, the southwest strike extension of the Blue Point zone was drill tested, with two holes intersecting significant copper grades including 0.8% Cu and 7.7 g/t Ag over 9.69 m in hole RC-01-01 and 1.0% Cu and 12.1 g/t Ag over 14.25m in hole RC-01-02. Although other holes encountered narrower and weaker mineralized zones, the drilling confirmed very good continuity and thickness (30-37m) in the favourable reduced units which have been tested only over 3.5 km of their approximately 20 km total strike length.