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Kennametal Inc V.KMT


Primary Symbol: KMT

Kennametal Inc. is an industrial technology company that delivers productivity to customers through materials science, tooling and wear-resistant solutions. The Company helps customers in the aerospace & defense, earthworks, energy, general engineering and transportation end markets. The Company's core expertise includes the development and application of tungsten carbides, ceramics, super-hard materials and solutions used in metal cutting and extreme wear applications to keep customers up and running longer against conditions such as corrosion and high temperatures. The Company operates through two segments: Metal Cutting and Infrastructure. The Metal Cutting segment develops and manufactures high performance tooling and metal cutting products and services and offers an assortment of standard and custom metal cutting solutions. The Infrastructure segment produces engineered tungsten carbide and ceramic components, earth-cutting tools, and advanced metallurgical powders.


NYSE:KMT - Post by User

Bullboard Posts
Post by caravan3on Jan 29, 2015 9:15am
62 Views
Post# 23376276

Wow

Wow

 

Komet Resources samples up to 110.306 g/t Au at Guiro

2015-01-29 09:12 ET - News Release

 

Mr. Andre Gagne reports

KOMET RESOURCES INC.: PRELIMINARY SAMPLING RESULTS ON THE GUIRO PERMIT

Komet Resources Inc. has released the results of the preliminary sampling program carried out on the Guiro property that returned significant gold values. This sampling campaign was part of the due diligence in order to provide insight on the Guiro deposit potential as well as other known gold targets of the permit. The sampling of waste heaps from the former mill and stockpiles from the mine consisted of a composite of three sub-samples, of which two were collected at the base and one at the top of the different piles. The program also included grab samples on geological targets located elsewhere on the property.

The sampling of the mine stockpiles resulted in averages of 69.5 g/t Au and 5.35 g/t Au. Regional sampling produced averages of 9.2 g/t Au in Diouga, 19.2 g/t Au in Bayildiaga and 0.9 g/t Au at the Malorie quarry. These preliminary results confirm a high exploration potential on the Guiro license, which extends for 23 kilometers north of the mine (see technical report by Jacques Bertrand, dated July 7, 2014 and filed on SEDAR). These results will also be useful in planning the next exploration campaign. Andre Gagne, president and CEO, stated: "These excellent preliminary results are very encouraging and we look forward to the upcoming exploration campaign."

 Detailed results of property and mine sampling: ---------------------------------------------------------------------------- Sample_ID Description of Sample type Weight (kg) Results Average g/t Au g/t Au ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- GR0001 REJECT - KNELSON (over flow) 3.5 5.911 ---------------------------------------------------------------------------- GR0002 REJECT - KNELSON (over flow) 3.2 3.635 ---------------------------------------------------------------------------- GR0003 REJECT - KNELSON (over flow) 3 4.065 4.537 ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- GR0004 REJECT - KNELSON (under flow) 3.7 1.884 ---------------------------------------------------------------------------- GR0005 REJECT - KNELSON (under flow) 3.8 1.943 ---------------------------------------------------------------------------- GR0006 REJECT - KNELSON (under flow) 3.1 1.861 1.896 ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- GR0007 REJECT - VAT 3.6 1.813 ---------------------------------------------------------------------------- GR0008 REJECT - VAT 2.8 1.933 ---------------------------------------------------------------------------- GR0009 REJECT - VAT 4.0 1.499 1.75 ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- GR0010 MINE WASTE (Granodiorite) 4.2 0.036 ---------------------------------------------------------------------------- GR0011 MINE WASTE (Quartz vein) 2.8 0.029 ---------------------------------------------------------------------------- GR0012 MINE WASTE (Quartz vein) 3.6 0.557 0.21 ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- GR0013 ARTISANAL GOLD DIGGING DIOUGA 0.8 17.597 17.6 ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- GR0014 MALORIE QUARRY 3.2 0.939 ---------------------------------------------------------------------------- GR0015 MALORIE QUARRY 3.4 0.948 ---------------------------------------------------------------------------- GR0016 MALORIE QUARRY 3.1 0.744 0.88 ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- GR0017 ARTISANAL GOLD DIGGINGS 3.6 1.557 BAYILDIAGA 2 ---------------------------------------------------------------------------- GR0018 ARTISANAL GOLD DIGGINGS 4.4 42.189 BAYILDIAGA 2 ---------------------------------------------------------------------------- GR0019 ARTISANAL GOLD DIGGINGS 2.8 23.88 22.54 BAYILDIAGA 2 ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- GR0020 ARTISANAL GOLD DIGGINGS 3.3 28.186 BAYILDIAGA 1 ---------------------------------------------------------------------------- GR0021 ARTISANAL GOLD DIGGINGS 3.1 0.007 14.1 BAYILDIAGA 1 ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- GR0022 MINE STOCKPILE (LEVEL 3 AT 90m 2.5 55.097 depth) ---------------------------------------------------------------------------- GR0023 MINE STOCKPILE (LEVEL 3 AT 90m 3.5 43.029 depth) ---------------------------------------------------------------------------- GR0024 MINE STOCKPILE (LEVEL 3 AT 90m 2.7 110.306 69.48 depth) ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- GR0025 MINE STOCKPILE (LEVEL 4 AT 2 2.886 128m depth) ---------------------------------------------------------------------------- GR0026 MINE STOCKPILE (LEVEL 4 AT 3.3 1.68 128m depth) ---------------------------------------------------------------------------- GR0027 MINE STOCKPILE (LEVEL 4 AT 3.7 11.469 5.35 128m depth) ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- GR0028 ARTISANAL GOLD DIGGINGS DIOUGA 2.3 5.048 ---------------------------------------------------------------------------- GR0029 ARTISANAL GOLD DIGGINGS DIOUGA 2.2 4.898 4.97 ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- 
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