Kat Exploration, Update on Handcamp Property
02 9월 2009 - 8:00PM
Business Wire
Kat Exploration, (Pink Sheets: KATX) www.katexploration.com
Kat Exploration Inc. is pleased to announce that it has
commenced with the next phase of field work on its “Handcamp” high
grade GOLD property. This latest phase will consist of further
prospecting where over 800ppb Au, were discovered in soil samples
just south of the main high grade gold showings. Kat has completed
44 line kilometers of grid work at 100m spacing east and west
of a 2km baseline on the Handcamp property.
1700 soil samples were collected along the grid at 25m spacing,
150 were assayed for gold and base metals with excellent results
and the remaining 1550 samples have now been prepared for lab
analysis.
Rock samples were collected over some of the prospected areas
with numerous samples showing very encouraging mineral results, as
high as 158g/t Au, 94g/t Au, 82g/t Au, along with excellent Zn, Cu,
Ag numbers(massive to simi-massive sulphides). A chip sample over
an outcrop at the main Handcamp gold showing averaged 7.1g/t Au
over 8m (27ft).
Taking economic factors into account, with gold prices holding
steady and the logistics of the property, the company feels this
property warrants becoming our number one focus for 2009.
About Kat Exploration
Kat Exploration’s principal objective is to locate, stake, prove
up and sell mineral properties through out the province of
Newfoundland. It is the Company’s objective to take advantage of
increased activity to generate joint venture clients, and sales of
our existing and yet to be acquired properties.
This press release contains forward-looking information within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934 and is subject
to the Safe Harbor created by those sections. This material
contains statements about expected future events and/or financial
results that are forward-looking in nature and subject to risks and
uncertainties. Such forward-looking statements by definition
involve risks, uncertainties and other factors, which may cause the
actual results, performance or achievements of Kat Exploration to
be materially different from the statements made herein.
KAT Exploration (PK) (USOTC:KATX)
과거 데이터 주식 차트
부터 1월(1) 2025 으로 2월(2) 2025
KAT Exploration (PK) (USOTC:KATX)
과거 데이터 주식 차트
부터 2월(2) 2024 으로 2월(2) 2025
KAT Exploration Inc (PK) (OTC 시장)의 실시간 뉴스: 최근 기사 0
More Kat Exploration Inc. News Articles