Rusty Ridge Property
Interest and focus of KAT Gold Holdings Corp on its wholly owned Rusty Ridge property is Iron Oxide-Copper-Gold (IOCG) potential. Primary target is an interpreted mineralized deep-seated gravity/magnetic body hosted by a plutonic entity intruding volcanic rocks. KAT has undertaken a technical review and a proposal for a diamond drilling program for implementation in 2010.
The Rusty Ridge property, 2100 hectares in size is situated on Crown land, NTS Map Sheets 02C/05 and 02D/08, in proximity to the community of Bunyan’s Cove, Bonavista Peninsula. It is accessible via a forest access road from paved highway, Route 233. Mineral Exploration Licences comprising the property total 84 claims and are issued to Ken Stead Jr. (015991M), Timothy R. Stead (016772M) and Kat Gold Holdings Corp. (016773M) (Table V). An assessment report for Year 1 and 2 for Licence 015991M has been successfully submitted to Mineral Lands Division, Department of Natural Resources, Government of Newfoundland and Labrador. The Licences are currently in good standing.
Rusty Ridge Project (PDF Format)
|
|
