KATX KAT Exploration Inc (PK)

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 consisted of further prospecting where over 800ppb gold, were discovered in soil samples just south of the main high grade gold showings. Numerous rock samples were collected from several zones containing massive sulfides. These samples have been sent to the Lab for analysis of gold and base metals with the results being released in a future report to the public. 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.

During the first phase, rock samples were collected over some of the prospected areas with numerous samples showing very encouraging mineral results, of 158g/t Au, 94g/t Au, 82g/t Au, along with excellent Zn, Cu, Ag numbers(massive to semi-massive sulfides). A chip sample over an outcrop at the main Handcamp gold showing averaged 7.1g/t Au over 8m (27ft). These results can be viewed on our website.

Mapping in one area has shown mineralization occupying a major strata-parallel shear zone approximately 50m wide, in which alteration and sulfide mineralization appear to be both synkinematic and postkinematic. The mineralized zone has been traced over a strike length of 1200m. The potential for this property to be of economic value is very high considering that the results to date are from just a small portion of the overall property. The company is very excited to have such a gold property as this in its portfolio with high potential to generate real value to its shareholders investments.

The company is in the process of securing funding for a drill program that’s been planned for some time over the already established gold targets. This phase of drilling will be supervised by a P.Geo(Geologist)whereby a NI 43-101 will be completed with results being made available to the public.

With gold prices at an all time high and holding steady, the company has made great efforts to bring this property to the next level and assure it’s investors that the confidence they have placed in management is very much appreciated.

About Kat Exploration

Kats 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 12월(12) 2024 으로 1월(1) 2025

KAT Exploration (PK) (USOTC:KATX)
과거 데이터 주식 차트
부터 1월(1) 2024 으로 1월(1) 2025