Iron Oxide Copper Gold Property Start Drilling by KAT

KAT Exploration is pleased to announced that 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 or 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.

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.