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KAT Exploration Inc. to Drill Test IOCG Targets at Rusty Ridge
Sep. 01, 2010 02:01PM PST
Base Metals Investing KAT Exploration, Inc. (PINK: KATX) informed its shareholders and investment community that the company is now ready to begin drilling on its 100% wholly owned Rusty Ridge Iron Oxide Copper Gold (IOCG) property.
KAT Exploration, Inc. (PINK: KATX) informed its shareholders and investment community that the company is now ready to begin drilling on its 100% wholly owned Rusty Ridge Iron Oxide Copper Gold (IOCG) property.
The press release is quoted as saying:
Results of a high resolution airborne magnetic survey, a ground gravity survey along with coincidental magnetic Induced Polarization (IP) resistivity and soil geochemical anomalies suggest potential for a body of Iron Oxide +/- Base, Precious and Rare Earth type mineralization, similar in style and setting to the giant Olympic Dam deposit in Australia.
Click here to access the entire press release
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