KAT Exploration Inc. (Pink Sheets: KATX) has staked 346 new claims of about 125 sq KM. The claims consist of impressive copper discoveries in the southern part of the Bonavista peninsula located to the south of its Lucky properties in the Clifton area of eastern Newfoundland.
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The geology where these claims are located, sub-aerial mafic and felsic volcanic rocks are similar to that at its Rusty Ridge Property. Large brecciated, hematitic felsic volcanic rocks cover the southern region of the new claims which create the same environment found at the Rusty Ridge property allowing the same potential for Iron Oxide, Copper-Gold mineralization.
KAT Exploration Inc. was established as a for profit corporation in the province of Newfoundland and Labrador on December 5, 2005, by Ken and Tim Stead, who are experienced in mineral exploration and prospecting. The company explores for mineral deposits in and around central and eastern Newfoundland, Canada.
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