Val-d'Or, Quebec, October 1, 2013, - Knick Exploration Inc. (TSX-V: KNX) is pleased to report that after manual stripping to expose "Vein No. 6", twelve of thirteen samples taken returned gold. Chip samples of the veining include 51.20g/t over 0.20m, 18.00g/t over 0.15m, 13.54g/t over 0.15m, 2.78g/t over 0.15m, gold. Three samples of the veining returned anomalous gold, greater than 0.11g/t. A grab sample of the granite wall rock assayed 3.02g/t and three other grab and one chip sample of the granite returned anomalous gold, greater than 0.22g/t.
Visible gold was noted in the sample that ran 51.20g/t. It was analysed using the metallic sieve method. The 51.20g/t gold assay is the combined plus and minus fraction from the metallic sieves procedure and includes for this sample: Minus 100 mesh weight of 3156.10g, assays of 33.77g/t, 34.53g/t and 34.51g/t gold and plus 100 mesh weight of 14.33g, assay of 3,806.09g/t gold resulting in a final weighted assay of 51.20g/t gold. The results indicate a positive gold "nugget effect" in the sample.
Grab samples are selective by nature and are unlikely to represent the average grade of the mineralized zone
The manual stripping and sampling was performed this summer on "Vein No. 6" in the Chib-Kayrand Area of the Trecesson Property. It was performed as follow up to grab sample assays 6.10 g/t, and 4.63g/t, gold obtained during Knick's preliminary work in the spring of 2013 (previously reported June 25, 2013 press). Stripping traced the veining for 40.0m.
Samples were sent to Expert Laboratory in Rouyn-Noranda, Quebec for analysis.
Fire assay and metallic sieve methods were implemented for analysis.
Standards and blanks are submitted by Knick routinely to insure quality control.
The Chib-Kayrand Area is located in the east part of Knick's Trecesson property. The property covers most of the Trecesson Batholith which has similar characteristics to the Bourlamaque Batholith of the Val d' Or mining camp. It is located 12 km from the town of Amos and approximately 65 km north northwest of Val d' Or. The Trecesson Gold Property is traversed by paved and all weather gravel roads making it accessible year round.
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.
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
Leave a comment...