SOURCE: KAT Exploration, Inc.

October 06, 2010 09:45 ET

KAT Exploration, Inc. to Commence Drilling on Rusty Ridge Iron Oxide Copper Gold Property

MOUNT PEARL, NL--(Marketwire - October 6, 2010) - KAT Exploration, Inc. (PINKSHEETS:

KAT Exploration (PINKSHEETS: KATX) is pleased to inform its shareholders and the investment community that the company is now ready to begin drilling on its 100% wholly owned Rusty Ridge Iron Oxide Copper Gold (IOCG) property. Cabo Drilling (Atlantic) Corp. was awarded the drilling contract. As previously announced, all permits are in place and drilling is slated to begin the week of Oct 11th 2010.

Due to the effects of Hurricane Igor, many parts of the province received widespread damage as did the access roads to the Rusty Ridge drill sites. However, repairs to these roads are nearly complete and accessibility will be restored within a few more days.

Selected coincident gravity, magnetic and IP anomalies, including the large gravity anomaly, will now be drill tested to determine the significance of these targets.

KAT Exploration Inc / Kat Gold Holdings Corp would like to invite its shareholders and public alike to the Newfoundland and Labrador Mineral Resources Review 2010 from November 4-6, 2010 at Delta, St. John's Hotel & Conference Centre, St. John's, NL. Further details can be located at

KAT Exploration Inc / Kat Gold Holdings Corp, will exhibit a display of rocks along with core samples from its Handcamp property and updates on its future projects. For more information please contact the phone numbers below.

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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