Sep. 1, 2009 (TheNewswire.ca) --
Val-d'Or, Quebec, September 1, 2009 - Knick Exploration Inc. (TSXV:KNX) (TSX-V: KNX)("Knick Exploration" or "the Company") is pleased to announce that a new gold (OOTC:NEGWF) area has been found on the eastern part its East-West property as a result of further surface sampling in the vicinity of old trench workings circa 1930 (see news release July 29, 2009). Two of the grab samples collected 50 meters apart assayed 10.49 g/t and 8.61 g/t gold. This area will be subject to mechanical stripping, mapping and sampling, starting mid-September.
Drilling Program Continues
The Company has completed 2,774 meters (fourteen holes) of an ongoing program of diamond drilling progressing from west to east on the East-West property, in the Val-d'Or mining camp. Logging and sampling of the drill core is ongoing. Visible gold was seen in drill hole LEO-09-06, an image of which can be viewed on the website at knick.ca/projects/eastwest/.
Malartic West Property - Field Crew Mobilized
A grid consisting of 45 km of cut line has been established on the Malartic West property. The grid will be used for control in the upcoming program of geophysical surveying, geological mapping and sampling, and diamond drilling. Geological field crews have started mapping and sampling on the property, with a focus on locating "Osisko" type gold mineralization.
Expert Laboratory in Rouyn-Noranda, Quebec was used for sample analysis.
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 contains forward-looking statements that are subject to risks and uncertainties. All statements herein, other than statements of historical fact, are to be considered forward looking. There can be no assurance that such statements will prove to be accurate and, readers are therefore advised to rely on their own evaluation of such uncertainties.
FOR MORE INFORMATION, CONTACT:
Jacques Brunelle
President & CEO
Knick Exploration
536 3rd Avenue
Val-d'Or, Quebec J9P 1S4
(819) 856-1387
Sean F. Budnik
Investor Relations
Allyson Taylor Partners
1155 Rene Levesque Blvd. West, Suite 2500
Montreal, Quebec H9B-2K4
(514) 397-0110
:
Jason Monaco
First Canadian Capital Corp.
jmonaco@firstcanadiancapital.com
416-742-5600
1-866-580-8891
Leo Karabelas
First Canadian Capital Corp.
lkarabelas@firstcanadiancapital.com
416-742-5600
1-866-580-8891
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
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