KAT Exploration Inc (KATX)

[Mr Wizard]

Kat Exploration Inc. is pleased to announce that it has commenced with the next phase of field work on its “Handcamp” high grade GOLD property. This latest phase will consist of further prospecting where over 800ppb Au, were discovered in soil samples just south of the main high grade gold showings. Kat has completed 44 line kilometers of grid work at 100m spacing east and west of a 2km baseline on the Handcamp property.

1700 soil samples were collected along the grid at 25m spacing, 150 were assayed for gold and base metals with excellent results and the remaining 1550 samples have now been prepared for lab analysis.

Rock samples were collected over some of the prospected areas with numerous samples showing very encouraging mineral results, as high as 158g/t Au, 94g/t Au, 82g/t Au, along with excellent Zn, Cu, Ag numbers(massive to simi-massive sulphides). A chip sample over an outcrop at the main Handcamp gold showing averaged 7.1g/t Au over 8m (27ft).

Taking economic factors into account, with gold prices holding steady and the logistics of the property, the company feels this property warrants becoming our number one focus for 2009.