MOUNT PEARL, NL, CANADA / ACCESSWIRE / November 18, 2014 / Kat Exploration Inc.www.katexploration.com (OTC Pink: KATX) (KATX), is please to update the public and shareholders on its fall exploration program on its 100% wholly owned "Deer Harbour" copper property.
The company's most recent staking of 3706 acres is in a geological setting with the potential for sediment-hosted Stratiform copper (SSC) deposits.
The fall program consisted of ground exploration and rock sampling of favorable Greybeds hosting significant Malachite staining and Chalcocite.
Major faulting in the area has revealed a sequence of Greybeds approx. 1.3kms in width by 9km in length. While making a brief stopover at the southern limits of this unit minor amounts of chalcopyrite was discovered, the main focus of exploration was in the Deer Harbour region itself and in an area approx. 3.5km south of Deer Harbor where malachite staining was discovered in many areas of the upper section of the Greybed.
The fault exposure along the Deer Harbour coastline, while extremely steep and fractured, allowed for numerous copper showings in outcrops and malachite staining throughout long stretches of fault gouge.
This is an underexplored portion of the province and we feel this is a very exciting discovery and the company plans to carry out a more extensive exploration program as soon as weather permits.
Photos of the exploration and copper can be viewed on our website: www.katexploration.com.
With less than 2 (two) million shares in the float the company feels it is in a good position to raise the needed capital for future exploration.
The company is also engaged in discussions with several new and significant acquisitions and will provide further details in the near future.
About Kat Exploration Inc.
KAT Exploration Inc. is a mineral exploration company whose main objective is to locate and explore areas with minerals and precious metal deposits in the mining rich regions of Newfoundland and North America. We are focused on advancing our projects in order to build company and shareholder value by bring all projects to their full potential.