Agoracom: Small Cap Investment - Knick Exploration - NR bought mine w/good assays 109g/t au

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duncanmcl

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NR bought mine w/good assays 109g/t au

posted on Feb 13, 2010 09:31PM

Val-d’Or, Quebec, February 12, – Knick Exploration Inc. (TSX-V: KNX)

("Knick Exploration" or "the Company") is pleased to announce the acquisition of the Trecesson gold property in Trecesson Township, Quebec. The property is located approximately 12km north west of the town of Amos and 50km north-north west of the city of Val d ‘Or.
The Trecesson gold property consists of mining claims as lots covering 212 hectares (887 acres).

A total of 12 outcrop samples were taken on the property by Knick Exploration during a 2009 visit. The most significant was a grab sample which assayed 109.82g/t gold (metallic sieve), 61.6 g/t silver, 1.41% copper, 9.39% zinc and 0.79% lead.

Knick Exploration will pay a total of $15,000 and issue 200,000 common shares for the acquisition of a 100% interest in the Trecesson gold property from Les Exploration Carat Inc. The property is subject to a 2% net smelter return with a buy back of 1% for 1 million dollars.

Expert Laboratory in Rouyn-Noranda, Quebec was used for sample analysis.

Please note that individual grab samples may not be representative of the mineralization that may exist on the property.

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.

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