GOLD HIGHLIGHTS TRECESSON DRILLING
Val-d'Or, Quebec, August 16, 2011 - Knick Exploration Inc. (TSX-V: KNX) ("Knick Exploration" or "the Company") is pleased to announce core assay result highlights from its first phase drill program on the Trecesson Gold Property. The gold results highlights are tabled below and include: Hole TR-11-61, 14.22g/t over 3.80m (0.415oz/ton over12.46ft), TR-11-73, 22.69g/t over1.95m (0.663oz/ton over 6.4 ft) and TR-11-119, 22.86g/t over 1.55m (0.667oz/ton over 5.08ft). Tabled assay values are >7g/t gold and/or >1.5m widths
Download results table in PDF format from: http://www.knick.ca/file.php/TRE_DDH_Results.pdf
A total of 121 holes were drilled. Visible gold was encountered in 20% of these holes. One hundred and seventeen of the holes were spotted to test the "Cossette Gold Vein System" of which 101 holes hit the system, 86% success rate.
All core widths are down hole widths, true widths have yet to be determined. Data processing is ongoing. Further results will be released in late August.
Please refer to the Knick web site if the above table does not appear in the correct format when viewed: ( http://www.knick.ca/projects/).
Reference NI 43-101, Trecesson Property, Abitibi Area, Amos Region, April 30, 2010 by Donald Theberge, Eng., M.B.A.
Samples were sent to Expert Laboratory in Rouyn-Noranda, Quebec for analysis. Fire assay and metallic sieve methods were implemented for analysis as deemed warranted.
Due to the nature of the native gold mineralization occurring on the Trecesson Property, Metallic Sieve gold analysis was performed on all quartz veining to minimize "nugget effect" results and more accurately assess gold grades.
Gordon N. Henriksen, P.Geo., Vice President of Knick Exploration, is the Company's qualified person as defined by National Instrument 43-101. He has reviewed and approved the contents of this press release.
We seek Safe Harbour. |