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Knick's Trecesson Property - "Scheelite Area" Kicks Tungsten

Thursday, 07 November 2013 11:18 AM

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Val-d'Or, Quebec, November 7, 2013, - Knick Exploration Inc. (TSX-V: KNX) is pleased to report that preliminary re-analysis of samples from the Trecesson Property-multi veined "Scheelite Area" has returned 3.2% tungsten tri-oxide (WO3) from the previously reported (press release June 2012) grab sample which assayed 51g/t gold. A 250 meter long IP (induced polarization) anomaly is coincident with and extends along strike of the "Scheelite Vein" (press release April 23, 2013).

The "Scheelite Vein", rediscovered by Knick, is documented as having historical values of 0.53 to 16.89% tungsten tri-oxide (GM04150-A). The IP anomaly was interpreted as having a #1 priority target, in a Geola Report for Mon-Dor Exploration in 1987 (GM 45362).

The "Scheelite Vein" is situated in the northeast part of Knick's Trecesson Property. The property covers most of theTrecesson 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 property is traversed by paved and all weather gravel roads making it accessible year round.

The 2011 phase I drill core of the Cossette Gold Vein system will be reviewed and examined by shortwave ultra-violet (UV) light for its associated tungsten potential. Scheelite the tungsten bearing mineral found on the Trecesson property has a bluish white fluorescence when exposed to shortwave UV light.

Due to anomalous tungsten results in certain multi-element scans of Knick samples the company is re-analysing selected samples using XRF method for an accurate tungsten content measure. This will include several samples from previous work executed on the property's Spirit Lake multi veined Area and the Kongor North and South veins (press release June 12, 2012).Tungsten analysis by multi-element scan gives a partial digestion result and does not reflect an accurate grade of tungsten within a sample.

China controls approximately 80% of the market followed by the former USSR with about 8% (reference: SIDEX, Exploring for tungsten in Quebec). Typical grades for tungsten are 0.3 to 1.5% tungsten tri-oxide for veins, lower for stockworks.

Grab samples are selective by nature and are unlikely to represent the average grade of the mineralized zone.

Samples were sent to Laboratoire Expert in Rouyn-Noranda, Quebec, for fire assay, multi-element scan and XRF method analysis implementation. Standards and blanks are submitted by Knick routinely to insure quality control.

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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