KAT Exploration Receives Very Exciting Gold Results From Handcamp Soil Samples
February 01 2010 - 09:50AM
Marketwired
KAT Exploration Inc. (PINKSHEETS: KATX) (www.KATexploration.com)
Results for the 593 soil samples from the Handcamp gold property
which were submitted to Actlabs in Ontario, Canada for Gold and
base metal analysis have been received.
Of the 593 samples submitted, an amazing 239 samples have tested
positive for gold. These samples are now being plotted on grid maps
from in-house but will also be contracted to an independent
geologist for plotting as well. These results will be plotted
digitally so they can be posted to Kat's website for investor
viewing. These soil samples were taken from a 44 line km grid
totaling a 2sq km radius.
Ken Stead, President/CEO, stated, "While soil samples are a
great tool for identifying mineral anomalies underneath the
overburden, if not done right the samples could show a negative
response. The fact that the taking of these soils was contracted
out can cause a company to be a little nervous, in the case that
the proper care is not taken to get the 'B' horizon soil which
contains the most abundant of minerals unlike the 'A&C'
horizons."
"However, we are extremely pleased with the results which in
turn show that the contractor who collected the soils did a good
job. While the company was expecting good results, we never
imagined that gold would show up in such a large number of samples.
Just from a quick review of the results of the larger gold numbers,
it is obvious that there are other areas on the property hosting
significant gold and base metals."
The remaining, approximately 800 soil samples from this 44 line
km grid within the 2sq km's are now being prepared for immediate
transporting to the lab for analysis.
The first 150 soil samples revealed a very strong gold anomaly
400 meters south of the high grade gold showing posted on Kat's
website. These latest results will no doubt aid in extending the
strike length of the already discovered high grade gold areas. Some
of the latest 593 samples were sent from areas over 600 meters from
the high grade zones, which demonstrate the significance of how
widespread gold is throughout the property.
The final batch of soils will help fill in the gaps between some
of the areas that have not been tested for gold and help identify
areas of any significant size.
As soon as results are received from the remaining 800 soil
samples, we will notify the public of the results, and these too
will be digitally plotted by an independent geologist in order to
have them posted to the website.
On behalf of the company we would like to say that "we are very
excited over the fact the each phase of work on the Handcamp
property only adds to its potential in a most positive way."
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 Inc.
to be materially different from the statements made herein.
Contact: Ken Stead President / CEO KAT Exploration Inc. Office:
709-368-9223 709-368-9224 Cell: 709-690-2908 Fax: 709-368-9213
www.KATexploration.com kstead@KATexploration.com
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