Kat Gold Holdings Corp. Ekom Eya Mining Operation The Ekom Eya concession lies about 7 km to the north of Bibiani Township. It measures 24.79 acres and was part of the Bibiani North License held by Central African Gold. The ore body was discovered by the Gold Coast Selection Trust in 1933 when excavating a trench in the vicinity of an auriferous quartz float. The company carried on prospecting and finally exploited the ore body actively from 1939 to 1941 during which 30,000 oz of gold was extracted from some 90,000t of ore at an average grade of 10g/t. It is reported that gold recovery at that time was about 80%. This high recovery is doubtful as later studies located waste dumps of the old mine with grades ranging between 4g/t and 5g/t. It is therefore deduced that gold recovery at that time might hover around 55%. Selective high grade mining was the order of the day and it is common to find grades as high as 7.0g/t in the old waste dumps and in the adjoining walls of mined out stopes. A recent grab bag sample of the waste dump conducted in September 2011 resulted in grades as high as 9.76g/t. and samples from the Tailings as high as 21.2g/t. In 1964, International Gold Resources (IGR) obtained the rights to explore the area through Echo Bay Ghana. A blanket soil geochem was carried out and striking soil anomalies occurred over the Bibiani North ore body (herein referred to as Ekom Eya Property). However, an airborne geophysical survey carried out failed to pick the ore body. http://katexploration.com/PressReleases/Business_Summary_Kat_Gold_Holding_Corp.pdf