KNICK EXPLORATION LOCATES GOLD AT SURFACE AND AT DEPTH

Thursday, July 30, 2009 8:24 AM

Jul. 30, 2009 (TheNewswire.ca) --

Val-d'Or, Quebec, July 30, 2009 - Knick Exploration (TSXV:KNX) Inc. (TSX-V: KNX)("Knick Exploration" or "the Company") is pleased to announce that it has completed 1,301 meters of drilling (six holes) on its wholly-owned East-West property, located in the Val-d'Or mining camp, between and along strike from the active Kiena mine (Wesdome Mining Ltd., TSX-WDO) and the old Marban mine (Niogold Mining Corp., TSX.V-NOX). Visible gold was seen in Hole LEO-09-06, an image of which can be viewed on the Knick website (knick.ca/projects/eastwest/). This drilling is part of Phase I (3,500 metres minimum) of a diamond drilling program currently underway on the western part of the property; logging and sampling of the holes are ongoing.

Preliminary geological mapping and prospecting on the east part of the property has located numerous old trench workings, originally excavated in the 1930's and 1940's. Gold assays of 0.187 to 8.61 g/t have been received for the first seven samples collected in the areas of trenching (see table below). Results are still pending for 18 samples recently submitted for analysis.

Sample #   Easting   Northing   Description                                     Au (g/ton)   
61822      279890    5334916    Monzonite, grab, trench rubble                  0.205        
61823      279895    5334920    Monzonite, grab, angular block                  1.340        
61824      279944    5334955    Intermediate volcanic, grab, trench rubble      0.830        
61825      279945    5334955    Quartz vein, grab, trench rubble                8.610        
14501      279984    5334824    Basalt/quartz vein 50/50, grab, trench rubble   0.187        
14502      279893    5334895    Monzonite, grab, angular block                  2.500        
14503      279991    5334814    Quartz vein, grab, trench rubble                0.295

Expert Laboratory in Rouyn-Noranda, Quebec, was used for sample analysis.

A budget of $1.1 million has been allocated for exploration in 2009 on East-West Property, Knick Exploration's flagship project. The Company should begin generating drill results in the third quarter of this year, and will release them as they come in.

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.

Forward-Looking Statements

This Press Release includes forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties.

FOR MORE INFORMATION, CONTACT:

Jacques Brunelle Jason Monaco

jbrunelle@knick.ca First Canadian Capital Corp.

Président et chef de la direction jmonaco@firstcanadiancapital.com

Exploration Knick Tel: 416-742-5600

536, 3e Avenue Toll Free: 866-580-8891

Val-d'Or, Québec J9P 1S4

(819) 856-1387

Sean F. Budnik Leo Karabelas

Relations avec les investisseurs First Canadian Capital Corp.

Allyson Taylor Partners lkarabelas@firstcanadiancapital.com

1155, boul. René Levesque Ouest, bureau 2500 Tel: 416-742-5600

Montréal, Québec H9B 2K4 Toll Free: 866-580-8891

(514) 397-0110

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

(Source: iStockAnalyst )

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