East-West Gold Property Processed Highlights From Drill Program Results

2017-11-16 / @thenewswire

 

(TheNewswire)

 

Val-d’Or, Quebec / TheNewswire / November 16, 2017 – Knick Exploration Inc. (TSX-V: KNX)

 

Knick is pleased to present highlights from its 2009, 2011 and 2016-2017 drilling processed composite gold assay intervals over 0.2g/t on its East-West property. Highlights include:

 

  • - Hole LEO-09-01, interval 156.00m to 162.90m, 2.11g/t gold over   6.90m

Including 1.3m of 6.83g/t, 1.25m of 2.56g/t, 1.0m of 1.24g/t, 1.00m of 1.13g/t

 

  • - Hole LEO-09-06, interval 172.20m to 210.80m, 0.69g/t gold over  38.60m

Including 0.95m of 0.98g/t, 0.50m of 12.58g/t, 0.90m of 11.34g/t, 0.55m of 2.99g/t

 

  • - Hole LEO-09-18, interval   43.60m to   52.60m,  1.34g/t gold over   9.00m

Including 1.50m of 7.52g/t

 

  • - Hole LEO-09-21, interval   45.50m to   67.30m,  1.06g/t gold over  21.80m

Including 1.05m of 0.41g/t, 1.00m of 1.23g/t, 0.95m of 21.59g/t, 1.45m of 0.27g/t

 

  • - Hole LEO-09-24, interval   38.80m to   41.70m,  3.00g/t gold over    2.90m

Including 0.25m of 34.11g/t

 

  • - Hole LEO-09-32, interval   91.85m to 106.40m,  1.01g/t gold over 14.55m

Including 0.30m of 4.39g/t, 1.05m of 0.36g/t, 0.25m of 4.10g/t, 0.65m of 0.85g/t, 0.30m of 37.13g/t

 

  • - Hole LEO-09-33, interval     5.00m to    13.50m,  1.83g/t gold over   8.50m

Including 0.80m of 0.27g/t, 1.55m of 0.24g/t, 1.45m of 10.08g/t

 

  • - Hole LEO-09-33, interval   49.40m to    63.40m,  0.47g/t gold over 14.10m

Including 0.50m of 0.32g/t, 0.40m of 13.10g/t, 0.75m of 0.68g/t

  

  • - Hole EW-11-05,   interval   13.90m to    23.95m,  1.15g/t gold over 10.05m

Including 1.45m of 1.89g/t, 0.80m of 10.59g/t

 

  • - Hole EW-11-05,   interval   80.70m to    95.40m,  1.21g/t gold over 14.70m

Including 1.20m of 13.74g/t, 0.80m of 1.89g/t, 0.50m of 1.97g/t

 

  • - Hole EW-11-20,   interval   80.50m to  121.00m,  0.89g/t gold over 40.50m

Including 0.40m of 19.16g/t, 0.60m of 38.46g/t, 1.50m of 0.55g/t, 0.75m of 4.27g/t

 

  • - Hole EW-11-30,   interval   54.65m to    86.20m,  1.55g/t gold over 31.55m

Including 1.40m of 2.37g/t, 0.30m of 11.89g/t, 0.95m of 0.21g/t, 0.90m of 0.28g/t, 1.60m of 3.54g/t, 0.20m of 9.70g/t, 0.95m of 34.75g/t

 

  • - Hole EW-16-07,   interval 145.30m to  158.30m,  0.84g/t gold over 13.00m

Including 1.15m of 9.35g/t

  • - Hole EW-16-10,   interval   56.00m to  109.90m,  0.83g/t gold over 53.90m

Including 0.75m of 2.52g/t, 0.95m of 1.99g/t, 0.90m of 1.49g/t, 1.25m of 9.85g/t, 1.15m of 22.30g/t

 

  • - Hole EW-16-15,   interval   25.35m to    44.60m,  0.49g/t gold over 19.25m

Including 0.95m of 0.35g/t, 0.65m of 12.06g/t

 

  • - Hole EW-17-20,   interval 242.60m to  274.40m,  0.54g/t gold over 31.80m

Including 1.30m of 0.66g/t, 1.45m of 0.30g/t, 1.10m of 13.13g/t, 1.55m of 0.25g/t

 

Tables are on the Knick web site, www.knick.ca, including sample results that comprise total interval sections.

 

The East-West Property located in Dubuisson Township, close to the City of Val d’Or, Northern Quebec, Canada. The East-West property covers a strike length of 1.6 kilometers on the Marbenite Fault Zone. Adjacent to the west of the property is the advanced Marban exploration project owned by Osisko Mining (T-OSK), and east of the property is the Kiena Mines Complex property owned by Wesdome (T-WDO).

   

Samples were sent to both the ALS Chemex Laboratory in Val d’Or and Expert Laboratory in Rouyn-Noranda, Quebec for analysis.

 

Fire assay and metallic sieve methods were implemented for analysis as deemed warranted.

 

Quality insurances and controls were completed on analysis by the insertion of standards and blanks with sample submittals.

 

Osisko Mining project has a combined total of 1.531 million ounces of gold (reference¹ NI 43-101) .

References: ¹NI 43-101 Updated Mineral Resource Technical Report, Marban Block Property, Quebec, Canada prepared for Niogold Mining Corporation, August 15, 2013, Effective date June 1, 2013, by Michael M. Gustin CPG and Peter Ronning, P. Eng, section 14.16, page 151.

 

2NI 43-101 Technical Report for the Quebec Wesdome Project, prepared for Wesdome Gold Mines Ltd., Effective date, December 16, 2015, by InnovExplo inc.

  

Knick press releases are available in the news room on Knick’s web site at www.knick.ca

  


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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

Val-d’Or, Quebec                                           Val-d’Or, Quebec

819-874-5252                                                  819-874-5252

819-856-1387                                                  819-210-1406                                                        

  

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