KNICK EXPLORATION INC. ANNOUNCES MORE GOLD TARGETS DEVELOPED ON EAST-WEST

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KNICK EXPLORATION INC. ANNOUNCES MORE GOLD TARGETS DEVELOPED ON EAST-WEST
thenewswire.ca - Jan 20, 2011

Val-d'Or, Quebec, January 20, 2011, - Knick Exploration Inc. (TSX-V: KNX) ("Knick Exploration" or "the Company") is pleased to report that the results of recent compilation work in conjunction with survey data has led to seven gold drilling target areas on Knicks' East-West property. Knicks' target areas have been prioritized and five of the seven are slated as primary. The target areas lie within the gold corridor between the past producing Marban Mine (Aurizon-ARZ) and the producing Kiena Mine (Wesdome-WDO).

Recent geological modeling suggests a convergence of gold bearing structures, the Raven and Gilbert gold zones, in a localized section along the Marbanite Fault. An untested IP anomaly is coincident with this area.

The recently discovered Gilbert Gold Zone, where 5 different samples containing visible gold at surface were found, is open at depth and along strike is considered a high priority target area.

The Raven Zone is exposed at surface for over 250m having been drill traced to 75m is targeted to test its continuity to depth. The western extension of the Raven Gold Zone is open to drill testing.

The North East Zone potential gold area is situated at the junction of the projected eastern extensions of the Raven Gold Zone and West Gold Zone.

The Grand Canyon Gold area is targeted, of particular interest is the projected intersection of the Grand Canyon and Gilbert structures as it coincides with a subtle IP anomaly.

The historical East Gold Zone is open at depth and along strike.

For more info go to:(http://www.knick.ca/projects/eastwest/).

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

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

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

President & CEO

Knick Exploration

536 3rd Avenue

Val-d'Or, Quebec

J9P 1S4

Office

819-874-5252

Cell

819-856-1387

Gordon N. Henriksen

Vice President

Knick Exploration

536 3rd Avenue

Val-d'Or, Quebec

J9P 1S4

Office

819-874-5252

Cell

819-210-1406