KAT Exploration Inc (KATX)

[ShortonCash]

VALE seems to be focus on same siltstones as KATX

Numerous claims adjoining the southeast portion of Cache’s Louil Hills property are presently being held and explored for their REE-Y potential by KAT Exploration. Furthermore, historical drilling results were successful in locating dark green siltstones that have been interpreted as similar to those found at the Red Cliff property presently held by VALE Exploration for their noteable Cu-Ag potential.

www.usediqaluit.ca/cache-commences-louil-hills-exploration-program/

The Newfoundland Geological Survey’s “Geoscience Online” database and a compilation by Cache of previous reports of work indicate 11 Cu-Ag-Au occurrences on these properties (see attached map). One such occurrence noting up to 12.1% Cu, 3.02 oz/ton Ag, and 2,130 ppb Au within the Louil Hills claim boundaries that is one of the priority targets to be located and sampled in detail. In addition, the channel sampling of the peralkalic REE-Y rich zones found as a result of Cache’s 2010 Louil Hills exploration program will be extended

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 and the Cross Hills Northern IOCG Properties in Newfoundland (adjacent to the Rockbridge Resources REE Property), and the Louil Hills REE and Cu-Ag properties in Newfoundland. All the above Cache REE properties have proximity to available infrastructure and are considered to have excellent potential for rare earth mineralization