Carat Explorations Inc. is pleased to announce that a team of Canadian geologists and technicians concluded field activities at the Combarbalá property, Chile (the “Property”) on November 09, 2007. The Company is now in receipt of their preliminary observations...

Carat Exploration Inc. is pleased to announce that the 2007 diamond drilling program at the Combarbala Property, Chile (the “Property”) was completed in September 2007. The Property has been optioned by the Company under the terms of the agreement with BHP Billiton announced last July 14, 2006

Carat Exloration Inc. is pleased to announce that on October 22, 2007, it has entered into an Investor Relations Agreement with Pacific Imperial Capital Corporation who will perform investor relations activities for the Company

Carat Exploration Inc.(the “Company”) is pleased to announce the appointment of Mr. Ian Gendall, M. Sc., Pr. Sc. Nat., as a member of its Advisory Committee

The Company is pleased to announce a non-brokered private placement of 750,000 Units at $0.80 per unit...

Carat Exploration Inc (the “Company”) will not be proceeding with the private placement announced in its news release of May 31, 2007 as amended on June 7, 2007

Carat Exploration Inc. (the Company) has granted an incentive stock option to purchase up to 75,000 shares at a purchase price of $ 1.18 per share exercisable up to June 1, 2008

Carat is looking forward to proceed with the second optional program at the Comparbala property in Chile. In order to speed up the operating process, Carat is negotiating for a second diamond drilling rig...

Further to our news release dated April 26, 2007, Carat is pleased to report that the diamond drilling at the Combarbala property in Chile has been started

Carat has granted incentive stock options to purchase 4,500,000 shares at a price of $0.92 per share for a period of five years

Carat is pleased to announce that has concluded the preliminary work consisted of geochemical sampling, IP and magnetometer surveys at the Combarbala property in Chile. The results of the surveys are very encouraging and Carat is planning to start diamond drilling program...

The Company is pleased to provide an update on final results obtained during its winter drill program on the Seneca property near Mission BC

The Company is pleased to announce that after establishing the proper legal entities in Chile, it is now ready to start operations in that country according to the agreement with BHP Billiton

has now completed its winter 2006-07 diamond drilling program on the Seneca property that overlies the historical Seneca Deposit that is a polymetallic zinc lead-copper-silver massive sulphide deposit

The Company is pleased to announce that at its Annual General Meeting held on January 25, 2007, the following persons were elected to the Board of Directors: Charalambos (Harry) Katevatis, Demetreus (Jim) Heras, Marsha Panar, Paul J. McGuigan and Christopher G. Hampson