KAT Exploration Inc (KATX)

[Biochemist2002]

They mentioned KAT Exploration before in another PR...

June 18, 2010:

KAT Exploration recently completed an exploration program on ground adjacent to the Louil Hills REE property and stated "Anomalous levels of the Light Rare Earth Elements (LREE) cerium and lanthanum, all present in Olympic Dam (and others) were not only detected in soils but also in rock samples as well. In addition, the soil geochemistry also produced anomalies in silver, gold, copper."
http://www.marketwire.com/press-release/Cache-Expands-Louil-Hills-Rare-Earth-Property-TSX-VENTURE-CAY-1278325.htm

From January 4, 2011:

Cache Exploration is a well funded company with a focus on exploring for REE deposits. Cache is exploring the Welsford REE Properties in New Brunswick, the Cross Hills REE Property in Newfoundland which is adjacent to the Rockbridge Resources REE Property and the Louil Hills REE Property in Newfoundland which is adjacent to the KAT Exploration Inc. REE project. All four Cache REE properties have proximity to available infrastructure and are considered to have excellent potential for rare earth mineralization.
http://www.tradingmarkets.com/news/stock-alert/cay_cexpf_cache-exploration-corporate-update-1400527.html

p.s. this map does not include the 102 new claims KATX just staked around Rusty Ridge

Looks like they were focusing on the REEs all along. I'll be very interested to see the results of their program.

~Bio