KNICK EXPLORATION INC. ANNOUNCES EAST-WEST DRILL PROGRAM UPDATE |
thenewswire.ca - Mar 29, 2011 |
Val-d'Or, Quebec, March 29, 2011 - Knick Exploration Inc. (TSX-V: KNX) ("Knick Exploration" or "the Company") is pleased to announce that it has completed 30 holes totalling 5,143 meters of drilling of its on going Phase I Program on its wholly-owned East-West Property. The property is 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 ( Aurizon Mining Corp., TSX.V-ARZ ).
At present the drill is turning on hole EW-31 in the heart of the Raven Gold Zone.
To date 19 of the holes completed have been logged and sampled. Assay results are anticipated to be released weekly throughout April.
Logging and splitting of the most recently completed holes is still underway.
Samples are being sent to Expert Laboratory in Rouyn-Noranda, Quebec for analysis.
Fire assay and metallic sieve methods are being implemented for analysis as deemed warranted.
Due to the nature of the native gold mineralization occurring on the East-West property, Metallic Sieve gold analysis is being performed on all quartz veining to minimize "nugget effect" results and more accurately assess gold grades.
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
Read Full Article from thenewswire.ca
- Posted: 2011-04-05 14:20:09
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