SOURCE: Kat Exploration Inc.

March 15, 2010 10:00 ET

Kat Exploration - Calls Tenders for Drilling Operations on Its Handcamp Gold Property

MOUNT PEARL, NEW FOUNDLAND--(Marketwire - March 15, 2010) - Kat Exploration Inc. (PINKSHEETS: KATX)

The company would like to inform its investors that it has put out a call for tenders on its upcoming drill program for its Handcamp gold property. Three bids will be submitted to the company in which the board of directors will select the appropriate choice.

The drill program will commence as soon as ground conditions are favorable and all permits are in place.

For the past several weeks the company has engaged the assistance of a contracted geologist to compile all property data in order to outline favorable drill targets and to submit all government applications for the approval of mobilizing drill rigs to the site.

As this project moves forward the company will update its shareholders when new information becomes available.

This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Kat Exploration Inc. to be materially different from the statements made herein.

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