11 October 2012

KAT Gold Holdings Corp. Establishes Office in Accra, Ghana

Mount Pearl, Newfoundland - 11 October 2012 (PRNewswire) - KAT Gold Holdings Corp. is pleased to announce that Thomas Brookes, the Managing Director for African Operations has been in Ghana for 6 weeks and has now established a permanent office in Accra, Ghana. 

Ken Stead, President/CEO of KAT Gold Holdings Corp. stated, "This office will be the base for KAT Gold Holdings in Ghana from which to oversee the Ekom Eya gold mine operations as well as securing new concessions and opportunities in the region." 

The company will now progressively build on its plans for heightened activity at the mine and organize a work force to move production forward. 

The Ekom Eya project has an Inferred resource of 1,380,887 tons @ 6.0g/t (266,380 ozs) (based on 17 hole drill results), with intersections between 2m-8m with grades up to 24g/t. A waste dump in the area is estimated to have 30,000t with reported grades up to 9g/t along with a tailings estimated at 60,000t grading up to 21.2g/t bringing the Ekom Eya gold resource to approximately 300,000 ounces thus far with potential for increase as further exploration continues along strike and at dept. 

KAT Gold Holdings Corp. (OTCQB:BVIG) is an emerging entity whose primary goal is to obtain a high-quality portfolio of creditable mining and mineral exploration properties ranging from advanced to revenue producing projects, each of which would be deemed to have superior potential for mineable ore bodies. Commodities of interest are precious and base metals with particular emphasis on gold, silver and copper. Kat Gold Holdings Corp. has gold, silver, copper and rare earth exploration properties in Newfoundland and a gold project in Ghana. 

Source: KAT Gold Holdings Corp.