The next stage here’s the big deal
“”The next stages for Kat Gap will be to extend the known gold mineralised zone further north and south from the current drilling area.This would entail testing the northerly extensions for another 300 metres and the southerly extensions over a similar distance.If successful, that would give the company a combined strike length of one kilometre.In conjunction with conducting the exploration, Classic will also probe at depth down dip along the entire 400 metres of gold mineralised granite-Greenstone contact delineated to date.While there are plenty of chapters still to be written in the Kat Gap Project, the continued strong results highlighted today suggest that Classic could be one of the best emerging sub-$10 million market cap plays based on the value of its assets, management’s astute exploration strategy and the quality of the ore in ground that has already been established.””
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Ann: Kat Gap extends drilling results at depth, page-8
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