KAT Exploration Inc (KATX)

[TinkerBelle]

Since....

the BVIG Ekom Eya property sits within the Bibiani North Prospecting License, (which will soon become a Mining Lease, according to NOBLE), it is interesting to read that NOBLE has accepted the Financing Offer from Resolute Mining. Nov 8, 2012
NOBLE ACCEPTS REVISED A$85M FINANCING OFFER from RESOLUTE
http://www.nobleminres.com.au/live/wp-content/uploads/2012/11/Noble-accepts-revised-A85m-financing-offer-from-Resolute.pdf

KATX shareholders ~ gotta keep our eyes and ears open to news like this. :o) Because KATX owns lots of shares of BVIG.


http://www.nobleminres.com.au/live/wp-content/uploads/2012/11/Appendix-5B-and-September-2012-Quarterly-Report.pdf

It is intended to convert the Bibiani North Prospecting License into a mining lease by the end of the Calendar year. Inputs have commenced with a number of activities to derive a resource model.

Page 13

Last report stated they wanted to convert the Bibiani North PL into a mining lease in 2013....this recent Oct 31, 2012 report says 'by the end of the Calendar Year'.

See quote from last report here:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80954239