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Val d'Or, Quebec, Canada / TheNewswire / December 13, 2016 - Knick Exploration Inc. ("Knick") is pleased to announce that it has completed 12 holes totalling 2,730 meters of drilling on its East-West gold property. The 12 holes are part of the company's ongoing 5,000 meter minimum drill program. The holes have been logged and sampled and include the deepest hole drilled to date on the property, 495 meters down hole (466 meters vertical depth). Sample results are pending and will be released in January 2017. Drilling will cease for the holiday season and is to resume January 9, 2017.
Knick's 100% owned East-West property is situated in the Val d'Or mining camp of Quebec, Canada.
Its neighbours on strike to the east and west respectively are, Wesdome Gold MinesTSX: WDOTSX: OSK TSX: AEMTSX: YRI
Wesdome's Kiena Mine Complex Latest Discovery
TSX: WDOAugust 24, 2016, commented, "These early results exceed expectations, and these rich veins are unlike anything previously encountered at this property. Three holes have been completed to date hitting four high grade intersections. More drilling is underway and is required to define the geometry, true widths and extent of this extraordinarily rich mineralized system."
Osisko Mining's Marban Mine Deposit Area
The Marban property is reported to contain combined resources of 1.531 million ounces of gold as of August 2013 (reference? NI 43-101, section 14.16, p.151 Marban, Block Resources).
There is no guarantee that similar gold mineralization is present and or will be found on the East-West property.
References: ?NI 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. ? NI 43-101, Up Dated- Technical Report on The East-West Property, posted on the Knick website.
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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