KAT Exploration Inc (KATX)

[B402]

Twilite May be even bigger than Handcamp, something like 202 g/t au and visible gold, Katx bought it and and then expanded it..Set for assays this season.

Kat Exploration Inc. Announces Option Agreement to Purchase 100% of the "Twi-Lite" High Grade Gold Property

MOUNT PEARL, NL -- (Marketwire)
12/21/09
Kat Exploration Inc. ("Kat") (PINKSHEETS: KATX) www.katexploration.com

The company is pleased to announce that further to its news release on

December 9, 2009 of a LOI it has now completed the signing of an option

agreement with Steve Courtney, a senior prospector for the Twi-Lite gold

property consisting of 48 claims, located 14 kilometers southwest of Grand Falls-Windsor, Newfoundland.

Kat has agreed to acquire a 100 percent interest in the Twi-Lite property

during a three-year period in consideration of total cash payments of

$144,000, which includes a payment of $18,000 on signing $30,000 on first

anniversary of the option agreement, $46,000 second anniversary and $50,000

third anniversary. No shares of Kat Exploration are involved in the deal.

"

Some results to date:

The Discovery Prospect: Zone of quartz veining and associated

silicification, high of 202 g/t Au (Visible Gold).

The Spring Pit prospect: bedded pyrite/mafic fault gouge (high of 14.9

g/t).

The 320 Vein: zone of quartz veining and quartz breccias (high of 16.6

g/t).

The Paddy's Pitt prospect: silicified and brecciated siltstone (high of

23.80 g/t).