Geophysical and Geochemical surveys concluded at the Combarbala property in Chile

    TORONTO, April 26 /CNW/ - Carat Exploration Inc. (CRZ: TSX-V) is pleased
to announce that it 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 a diamond drilling program of approximately 5,000 feet,
subject to a contract that is currently being prepared.
    The immediate target on this property is a 4x4.5 kilometer geochemical
and geophysical anomaly outlined originally by BHP Billiton and substantiated
by our recent data. The Combarbala property was optioned by Carat under the
terms of the agreement with BHP Billiton announced last July 14, 2006.

    On behalf of the Board of Directors

    C. (Harry) Katevatis

    This document contains certain forward looking statements which involve
known and unknown risks, delays, and uncertainties not under the corporation's
control which may cause actual results, performance or achievements of the
corporation to be materially different from the results, performance or
expectation implied by these forward looking statements.

    This release has been prepared by management - TSX Venture Exchange has
    not reviewed and does not accept responsibility for the adequacy or
    accuracy of this news release.
    %SEDAR: 00021487E

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For further information: AGORACOM Investor Relations,,

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