Knick Exploration Inc.: Drill Program Commences On Trecesson Property-Cossette Gold System
Val d'Or, March 28, 2017: Knick Exploration Inc. ("Knick") is pleased to announce the second phase of drilling has commenced on its 100% owned Trecesson Property-Cossette gold system area. The drill rig has been mobilized to Knick's Trecesson gold and tungsten property and has started with a planned 2,000 meter minimum program. The main goals of the program are to systematically test/infill the 500 meter gap between the south and north Cossette gold systems and locate potential dilatational zone(s) within this area. The property is located approximately 50 kilometers north and 10 kilometers northwest of the cities of Val D'Or and Amos, Quebec, Canada, respectively. Results from Knick's 2011 first phase of drilling gold highlights included: 14.22g/t over 3.80m (0.415oz/ton over 12.46ft), 22.69g/t over 1.95m (0.663oz/ton over 6.4ft) and 22.86g/t over 1.55m (0.667oz/ton over 5.08ft), all core widths are down hole widths. These results were previously reported along with others in Knick's news release of Aug. 16, 2011. In 2011 the Cossette Gold System of more than 860m potential strike length was drill tested on the south and north Cossette veins covering a strike length of 360m. A total of 121 holes were drilled. Visible gold was encountered in 20% of these holes (25 holes with visible gold in intersections). One hundred and seventeen of the holes were spotted to test the "Cossette Gold Vein System" of which 101 holes hit the system, 86% success rate.
Samples were sent to Expert Laboratory in Rouyn-Noranda, Quebec for analysis.
Fire assay and metallic sieve methods were implemented for analysis as deemed warranted.
Due to the nature of the native gold mineralization occurring on the Trecesson Property, Metallic Sieve gold analysis was performed on all quartz veining to minimize "nugget effect" results and more accurately assess gold grades.
Reference: NI 43-101 Technical Report, Trecesson Property, Abitibi Area, Amos Region, January 20, 2012 updated on March 25, 2013 by Donald Theberge, Eng., M.B.A. Available on Knick's website at: www.knick.ca.
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.
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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
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819-874-5252 819-874-5252
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