Drill results on the KATX Rusty Ridge property are due any day. REE's were identified on the top 50m of hole #2. Awaiting lab results on the rest...
The company is also in the initial stages of filing a 15c211in order to move Kat Exploration Inc from the Pink Sheets listing to that of the OTCBB, I wouldn't be surprised to hear about Vale exercising their option to JV on Kat's Lucky property as well.