Val-d’Or, Quebec, February 4, – Knick Exploration Inc. (TSX-V: KNX)
("Knick Exploration" or "the Company") has mobilized a geophysical crew to its 100% owned Ogden gold property in Timmins, Ontario. Magnetic, VLF-electromagnetic and induced polarization surveys (I.P.) will be performed over 65 kilometres of recently cut grid in preparation for an upcoming drill program.
Reconnaissance geophysics (induced polarization) was performed by Inmet Mining Corporation covering a limited area on the western part of the property in 1997. A number of untested anomalies, interpreted as related to bed rock sources, were delineated, suggesting that complete I.P. coverage of the property would reveal other potential bedrock anomalies. These anomalies could then be drilled to test their gold bearing potential.
On the property a historical drill hole returned 6.0g/t of gold over 9.1m (1965 Tex-Sol Exploration
