Knick's Updated NI 43-101 Report on East-West Project is Now Posted on Knick's Website
Val-d'Or, Quebec / TheNewswire / September 1, 2016, - Knick Exploration Inc. (TSX-V: KNX) is pleased to report that an updated (July 31,2016) current NI 43-101 technical report on its East-West gold property has been posted on the company's website at www.knick.ca.
The updated report by Mr. Donald Theberge P. Eng., M.B.A., incorporates the 2015 work by Mr. Martin Demers P. Geo. Mr. Demers reviewed the Knick drill core and reinterpreted the mineralized zones. His observations are included in the NI 43-101 report (p.45). Mr. Theberge states "In light of the results obtained so far and considering the reinterpretation by M. Demers P. Geo., it is highly recommended that exploration work on the property resume, with emphasis on the West, Marbenite South Bound, Raven, and Gilbert zones, which show excellent potential"(NI 43-101 report p.62).
The East-West gold property drill program proposal and methodology document complementary to the East-West NI43-101 Technical Report is also posted on Knick's website.
Drilling is anticipated to start early October 2016 and the priority is to produce a NI 43-10 compliant resource for years end.
The East-West property is located in the Val-d'Or mining camp, Quebec, Canada. It is situated between the Kiena Mine Complex of Wesdome Mining Ltd. (TSX: WDO) and the past producing Marban Mine of Osisko Mining Inc. (TSX: OSK).
Several gold milling facilities which lie along the Trans-Canada Highway are within 35 kilometres of the property including Agnico Eagles-Goldex Mill and Richmont Mines-Camflo Mill, 10 kilometres west and east of the property respectively.
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
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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
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