KAT Exploration Discovers up to 5840 PPB of Gold in Soil Samples and 31.4 g/t Au in Outcrop at Handcamp Gold Property
March 01 2010 - 09:55AM
Marketwired
KAT Exploration Inc. (PINKSHEETS: KATX) www.katexploration.com --
KAT Exploration is pleased to release the results of 1457 soil
samples received from Actlabs in Ontario, Canada for Gold and base
metal analysis. The results have shown several very impressive
anomalies over certain sections of the grid which encompass less
than one quarter of the overall property. Soil samples have been
digitally plotted by an independent geologist on grid maps that can
be viewed at KAT's website www.katexploration.com under the
"Handcamp" Property.
To the SE portion of the grid lies a very strong, distinct
anomaly of Zinc stretching for over 900m X 300m that would no doubt
warrant intense follow up.
To the West and NW portion of the grid is a very large cluster
of Copper anomalies extending beyond the western boundary of the
grid. This is also very exciting as it leaves the door open for
more discoveries off the grid, yet still on the Handcamp
property.
Of most interest to the company and importance to the property
is the extent of Gold throughout the western, central and NE parts
of the grid. In all three sections where high gold results are
located in soils, rock samples have verified gold in the underlying
outcrops with the central portion of the grid being particularly
impressive, where soil results were as high as 5840ppb Au with 31.4
g/t Au in outcrop underneath this same area.
These soil samples were from a grid of 44 lines with each line
one kilometer (km) in length. On the compilation soil map, there is
quite an obvious overlay of base metals and gold that will also be
given much attention by trenching, rock sampling and drilling.
The company will now proceed with its next phase of work
bringing to the fore the full potential of this property. Ken
Stead, President/CEO, stated, "We are extremely pleased with the
results and happy to report that the 'Handcamp' property will now
receive a planned drill program."
These main anomalies extend as much as 1 km (1000 meters) from
the high grade zones where the first phase of drilling will take
place. This demonstrates the significance of how widespread gold
and base metals are throughout the property.
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.
Ken Stead President / CEO KAT Exploration Inc. Office:
709-368-9223 709-368-9224 Fax: 709-368-9213 www.katexploration.com
kstead@katexploration.com
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