KAT Exploration and Bella Viaggio, Inc. Updates Investors on Its Handcamp Drill Project
22 Luglio 2010 - 4:54PM
Marketwired
KAT Exploration, Inc. (PINKSHEETS: KATX) and Bella Viaggio, Inc.
(OTCBB: BVIG) are very happy to inform shareholders of the ongoing
first phase drill program on its Handcamp high grade Gold property.
To date six (6) holes have been completed with the seventh in
progress. All six holes have intersected the mineralized zone as
outline in soil sampling, Induced Polarization(IP) and trenching.
The purpose of the holes was to test mineralization near surface
and at depth.
All holes have been drilled at an azimuth of 110 degrees
perpendicular to the northeast strike of the 1.4 km structural zone
that hosts Hand Camp mineralization.
As the first two drill holes, DDH-001 and DDH-002 were located
on the same setup on line 2+00 South approximately 50m west of the
Main Trench Showing (Trench #1). DDH-001 drilled at a dip of-45
degrees intersected mineralization from 68.0m to 79.0m for a total
width of 11.0m (37.4ft). DDH 002 completed at
a dip of-65 degrees intersected mineralization from 93.0m to 102.5m
a total width of 9.5m(32.3ft).
As the third drill hole, DDH-003 was drilled at a dip of-45
degrees on line with DDH-001 and 002, approximately 25m from the
Main Trench as a check on the consistency of mineralization from
surface to DDH-001 and 002. It intersected mineralization from
36.0m to 49.0m over a total width of
11.0m(37.4ft).
The fourth and fifth holes DDH-004 and DDH-005 were completed on
the same setup approximately 200m north of drill line DDH-001, 002
and 003 approximately 25m west from the Main Hand Camp showing.
DDH-004 completed at a dip angle of-45 degrees intersected
mineralization from 29.1m to 45m over a width of
18.9m(64.3ft). DDH-005 drilled from the same setup at an angle
of-65 degrees intersected mineralization from 39.4 to 82.6 a total
width of 43.2m(146.9ft).
A sixth hole, DDH-006, recently completed at a dip angle of-45
degrees, 50m west of DDH-004 and DDH-005 intersected mineralization
from 118m to 151m a total width of
33m(112.2ft) at a vertical depth of approximately
100m(340ft).
The seventh hole, DDH-007 being drilled from the same setup at a
dip angle of-65 has been designed to test for the continuation of
this mineralization down dip at a vertical depth of approximately
120m (408ft)... at a greater vertical depth than all previous
drilling.
Zone #1 where the first 3 drill holes took place still show that
mineralization continues at depth and will require deeper testing
to determine the true depth of this area of the structure.
Zone # 2, 200m north of zone #1, where the latest 3 drill holes
took place, showed even greater width at greater depths and is now
being tested by DDH-007 to see if the mineralization continues.
President/CEO Ken Stead commented "We are very pleased and
excited with the drill program thus far and we look forward to the
lab results determining the gold and base metal contents. One would
have to understand the significances of these drills holes hitting
mineralization at such depths and width, with already known gold
showings on surface above the drilled areas. And taking into
consideration the amount of mineralization discovered along with
the limited amount of drilling in comparison to the known depth and
1400m strike length of the mineralized structure, lends itself to
huge potential for the Handcamp property.
Mr. Stead further states, "Samples
from most of the holes drilled thus far have been
logged and sent to the lab with a request to expedite analytical
results. We will let our shareholders and investment community know
as soon as we have the results from the lab."
Photos of the drill core attached to this press release along
with others will be added to the KAT Exploration website
shortly.
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.
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Jack Zwicker Kat Exploration, Inc. Investor Relations Ph
902-497-3188 jzwicker@katexploration.com www.katexploration.com
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