East-West Gold Property Drill Program Progress

Val d'Or, Quebec, Canada / TheNewswire / November 8, 2016 - Knick Exploration Inc. ("Knick") is pleased to announce that 4 diamond drill holes totaling 630m have been completed to date on the East-West gold property. All 4 holes, chasing the surface projection of the West gold zone, have intersected the West Zone mineralized structure which is inside the Marbenite deformation corridor. Drilling is ongoing. A minimum of 5,000m of drilling is to be performed. The main goal of the program is to systematically test the resource potential of the West Zone (see Knick press release October 25, 2016).

The 4 holes were collared to test the up dip extension of the West Zone mineralization close to the bed rock interface. As projected and expected these holes intersected a weakly pyritized mafic unit sandwiched between ultramafic layers. The intersected zone consists of a network of quartz-carbonate veins with thicknesses up to 20 cm and hosting finely disseminated pyrite was encountered.

The drill holes targeted a bracketed down hole length of intersection between 50m and 80m. Hole EW-16-01 intersected the target for 18 meters down hole between 48 metres and 66 metres.

Logging and sampling are ongoing.

Samples from hole EW-16-01 have been submitted to the ALS Mineral laboratory in Val d'Or, Quebec for gold analysis and assay results are pending.

Knick's 100% owned East-West property is located in the Val d'Or-Malartic mining camp of Quebec, Canada. The property is sandwiched between Osisko Royalties (TSX-T: OR) Marban deposit property; to the west and Wesdome Gold Mines (TSX-T: WDO); Kiena Mine complex; to the east. It is bound to the south by Agnico Eagle &Yamana Gold's Malartic Goldfields Mine property and recently Agnico Eagle acquired the ground adjacent to the north of the East-West property.

The East-West property is straddled by a 500 meter corridor encompassing mafic-ultramafic rocks which have been tightly folded and injected with quartz veins. Significant alteration halos of chlorite-carbonate and albite occur on Knick's property similar to what has been documented in its neighbour's deposits. Down dip extensions of known mineralization below 200m on the East-West property have yet to be tested while the ore bodies of the Val d'Or mining camp typically exceed 1000 meters depth.

The company's East-West gold property Drill Program Proposal and Methodology and the currently updated NI 43-101 technical report are posted on the company's website at www.knick.ca.

This information does not guarantee the presence of gold in the drill core; it simply indicates that the drill planning was effective in locating the position of the targeted structure.

Wesdome's Kiena Mine Complex Latest Discovery

Wesdome's (TSX: WDO) Kiena Mine Complex to the east of Knick's East-West property where ongoing exploration work is returning positive results. Wesdome highlights include 94.35 grams per tonne (g/t) gold over 17.4 meters, 223.12 g/t gold over 14.25 meters (uncut and downhole widths) and Mr. George Mannard V.P., Exploration of Wesdome, in their press release of August 24, 2016, commented, "These early results exceed expectations, and these rich veins are unlike anything previously encountered at this property. Three holes have been completed to date hitting four high grade intersections. More drilling is underway and is required to define the geometry, true widths and extent of this extraordinarily rich mineralized system."

Osisko Mining's Marban Mine Deposit Area

The Marban property is reported to contain combined resources of 1.531 million ounces of gold as of August 2013 (reference? NI 43-101, section 14.16, p.151 Marban, Block Resources).

There is no guarantee that similar gold mineralization is present and or will be found on the East-West property.

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 Gordon N. Henriksen

President & CEO Vice President

Knick Exploration Knick Exploration

536, 3rd Avenue 536, 3rd Avenue

Val-d'Or, Quebec Val-d'Or, Quebec

J9P 1S4 J9P 1S4

Office Office

819-874-5252 819-874-5252

Cell Cell

819-856-1387 819-210-1406

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