here debug-> :lcxx11734

GoldInvesting News

Your trusted source for investing success

Request an Investor Kit: Knick Exploration

By completing this form, you are giving consent to receive email from Knick Exploration. And remember you can unsubscribe at any time.

This profile is part of a investor education campaign. The profile provides detailed information which was sourced and approved by Knick Exploration in order to help investors make better investment decisions. The Company’s support of Investing News Network ensures we can continue to bring you unbiased, independent news and information.

Resource Investing News Featured Stock

Knick Exploration - Gold Exploration in Quebec’s Premiere Mining Camp

Knick Exploration – Gold Exploration in Quebec’s Premiere Mining Camp

Overview

Knick Exploration (TSXV:KNX) is focused on actively exploring its wholly-owned East-West Gold Property located in the Val d’Or mining camp of Quebec, Canada. The region is home to several multi-million ounce gold deposits, including the Kiena Mine (Wesdome Gold Mines, TSX:WDO) to the east of Knick’s project and the past producing Marban Mine (Osisko Mining, TSX:OSK) to the west of the project. To the south of the East-West property lies Agnico Eagle (TSX:AEM, NYSE:AEM) and Yamana Gold’s (TSX:YRI, NYSE:AUY) Canadian Malartic Mine. Agnico Eagle also recently acquired ground adjacent to the north of Knick’s property.

The East-West Property is in close proximity to three operating mills; Goldex, Canadian Malartic, Camflo, and three permitted mills on care and maintenance; Sigma, Beacon and Kiena. The mills are experiencing excess capacity, soon to be exacerbated by some regional operations reaching the end of their mine life. A nearby source of mill feed representing significantly lower transportation costs would be much more attractive than trucking in material from distant operations.

.

Knick Exploration - Gold Exploration in Quebec’s Premiere Mining Camp

Five gold target zones have already been identified on the East-West property through both historical and recent exploration. The downward extent of these gold zones has yet to be tested below 200 meters of depth. Knick began its 2016-2017 drilling program at the property in October aimed at testing the resource potential of the West Zone. The company believes establishing solid proof of a resource on the project will add shareholder value by increasing the project’s attractiveness to those local mills experiencing excess capacity.

Knick is led by an experienced team of exploration specialists with in-depth knowledge of the geology associated with the Val d’Or mining camp. Jacques Brunelle, Knick President and CEO, has more than 35 years of experience in mining exploration, including as a founder and C-level executive at Niogold Mining which completed the majority of previous exploration on the Marban block located on ground now owned by Osisko Mining. Gordon Henriksen, Knick’s Vice President, is a geologist whose 30-year experience includes business dealings with Aurizon Mines and Niogold. Martin Demers is a 20-year veteran geologist who has worked for Aurizon Mines and now serves as a special advisor to Knick. He was handpicked to develop and conduct the ongoing drill program at the East-West property.

In 2016 Knick secured more than $2 million to be used for exploration work on the East-West property as well as working capital. The company is actively seeking a partner to further explore the property.

Investment Highlights 

  • 100-percent owned property in Quebec’s prolific Val d’Or Mining Camp.
  • Surrounded by multi-million ounce deposits and large mining companies including Agnico Eagle, Yamana Gold, Wesdome, Osisko and Richmont Mining.
  • Six mills in close proximity to project; excess mill capacity.
  • High Grade intercepts including:
    • 9.30 g/t gold over 1.95 meters, West zone;
    • 11.38 g/t gold over 2.1 meters, Raven Zone
  • 2016/2017 Exploration Program to determine grade continuity and geological model consistency.
  • Highly experienced management team with significant knowledge of the region.

Key Property: East-West Gold Property, Val d’Or Mining Camp, Quebec

The East-West Gold Property claims cover 184 hectares in Quebec’s Val-d’Or Mining Camp and are part of the prolific Abitibi Gold District which boasts more than 80 million ounces of gold production. Easily accessible from provincial highway 117, the project is located 11 kilometers west of the city of Val d’Or and along strike between the Kiena Mine and the past producing Marban Mine.

The nearby Camflo Mill, owned and operated by Richmont Mines (TSX:RIC), is to the northwest of the East-West Property. The mill processes Richmont’s Beaufor Mine ore. Beaufor has produced more than 1 million ounces of gold and contains another quarter million ounces in reserves and resources.

Knick’s other neighbors include the most significant players in the Val-d’Or camp: Agnico-Eagle and Yamana Gold, whose joint-venture land holdings surround the East West property. The holdings include several past producers as well as one of the country’s largest gold mines, the Canadian Marlatic Mine which represents more than 10 million ounces of gold in current resources and past production.

Knick Exploration - Gold Exploration in Quebec’s Premiere Mining Camp

 

High grade gold zones with geology similar to surrounding deposits

The East-West property is straddled by a 500-meter wide corridor which traverses 1.7 km of Knick’s ground encompassing mafic-ultramafic rocks with quartz veins. The property hosts significant alteration halos of chlorite-carbonate and albite, similar to what is hosted in neighboring deposits.

Historical drilling at East-West dates back to 1935, although the majority occurred after 1981, and totals more than 41,000 meters mainly targeting the northern portion of the property. Several gold zones have been discovered via historical and Knick drilling programs, specifically the East and West zones.

Historical drilling results include:

  • 1.20g/t over 20.60m
  • 5.60g/t over 44.50m
  • 9.00g/t over 37.70m
  • 0.80g/t over 80.46m
  • 1.65g/t over 37.34m
  • 4.30g/t over 41.60m
  • 8.00g/t over 37.60m
  • 6.70g/t over 16.92m
  • 2.15g/t over 26.21m

These 10 drill holes highlight the percentage of core length historically sampled and the averaged gold obtained over the indicated widths, with the un-sampled lengths of the core considered at zero grams per tonne. Thus, they represent a potential upside when targeted areas are re-assessed by drilling.

The East zone gold mineralization associated with quartz-carbonates veins is similar geologically to that of the Kiena mine (2.5 kilometers away). Wesdome Gold Mines recently reported intercepts which include 94.35 g/t gold over 17.4 meters and 223.12 g/t gold over 14.25 meters (reference: press release of August 24, 2016). Between 1981 and 2013 the mine produced 1.75 million ounces of gold from 12.5 million tonnes at a grade of 4.5 g/t (reference: Wesdome’s website, Presentation January 2017, A Solid Foundation for a Promising Future, P. 24).

The West zone gold mineralization is associated with quartz-ankerite-tourmaline veins geologically similar to that of the northwest neighboring Marban mine. Osisko’s Marban property hosts the Marban, Norlartic and Kierens deposits which have combined in-pit resources estimated at 1.59 million ounces of gold in the Measured and Indicated categories and 195,000 ounces of gold in the Inferred category (reference: Technical Report on the Marban Block: Updated Mineral Resources, Marban Block Property, Québec, Canada, Gustin M.M., Ronning P., June 2013. Technical Report for the Quebec Wesdome Project, InnovExplo inc. December 2015).

Further exploration by Knick has identified three additional gold zones located in the eastern portion of the property near the East zone: Raven, Gilbert and Grand Canyon. Highlights from channel sampling on these zones include:

  • 38.26 g/t gold over 0.5 meter, Raven;
  • 41.8 g/t gold over 0.5 meter, Gilbert; and
  • 5.97 g/t gold over 0.37 meter, Grand Canyon.

Returns from drilling on the Raven zone include 34.7 g/t gold over 0.95 meter from 79.35 to 80.3 meters, and 6.1g/t over 6.7meters from 73.60 to 80.30meters, down hole (reference: NI 43-101, Up Dated, Technical Report on The East-West Property, Knick Exploration Inc., June 25, 2013 by Donald Théberge, Eng., MBA).

2016-2017 Drill Campaign

Knick commenced a new 5,000-metere drill program on the East-West Gold Property in October 2016 which is ongoing. The goal of the program is to test the geological model with a focus toward deposit delineation. Management believes East-West has the potential to host a high-grade plug/dyke swarm similar to that discovered by Wesdome at Kiena.

The program is targeting the West zone next to Osisko’s Marban Mine Property as well as an area in the northeast part of the property next to Wesdome’s Kiena Mine property.

Management

Jacques Brunelle – President, CEO and Director

Jacques Brunelle is a businessman with over 35 years of experience in mining exploration. Before joining Knick in 2007, Brunelle spent three years with Niogold Mining Corporation Inc., first as President and founder and then as director of investor relations.

Gordon Neil Henriksen – Vice-President and Director

Gordon Henriksen has over 30 years of experience in the exploration for and valuation of precious, base metal and other deposits. Over the course of his career, he has served as an exploration and consultant geologist for the Geological Survey of Canada and numerous private exploration firms, junior mining companies and prospectors. He presently acts as a senior consulting geologist for several junior exploration companies and is President of Crus Tal Explorations Inc. Henriksen graduated from Concordia University in 1986 with a B.Sc. in geology.

Martin Demers

The 2016-2017 drill program has been developed by Mr. Martin Demers P. Geo. from Knick’s ongoing research of the East-West gold property. He has intimate knowledge of the Marban property which he acquired when he was actively involved with Aurizon Mines original joint venture with Niogold Mining Corp. The Joint venture developed into the involvement of the property subsequently by Oban Mining and more recently Osisko Mining.

Request an Investor Kit: Knick Exploration

By completing this form, you are giving consent to receive email from Knick Exploration. And remember you can unsubscribe at any time.

Enter Your Log In Credentials
×

Privacy & Legal Policy

This website is part of the Investing News Network published by Dig Media Inc.

Overview

INN's mission is to be the world's number one source of independent, unbiased news and education helping investors realized their financial goals. We also strive to be internationally respected for our integrity, our people and our commitment to excellence. Therefore, we are very concerned with the privacy rights of our audience and are committed to protecting the information collected about you.We have taken extensive measures to protect the confidentiality of your personal information and to protect your data from misuse and unauthorized access or disclosure. Unfortunately, no data transmission over the Internet can be guaranteed to be 100% secure. As a result, Dig Media cannot ensure or warrant the security of the information you transmit to us and you do so at your own risk.

Contact Information

Our postal address is

L200 - 560 Beatty Street,

Vancouver, BC V6B 2L3

We can be reached via e-mail at info@digmediasolutions.com or telephone at +1-604-688-8231

Information Collected

For each visitor to our website, our web server automatically recognizes no information regarding the domain or e-mail address.

We collect information volunteered by the visitor, such as survey information and/or site registrations, name and address, telephone number.

The information we collect is used to notify visitors about updates to our website, shared with other reputable organizations to help them contact visitors for marketing purposes.

With respect to cookies: When you visit our websites, we send one or more cookies, a small file containing a string of characters, to your computer that uniquely identifies your browser during your visit. We use these cookies to maintain your connection as you move from page to page, and to ensure anything you submit, such as a comment or a form, is not rejected. You can reset your browser to refuse all cookies or to indicate when a cookie is being sent. However, some website features or services may not function properly without cookies.

If you do not want to receive e-mail from us in the future, please let us know by sending us e-mail at the above address.

Persons who supply us with their telephone numbers on-line may receive telephone contact from us with information regarding new products and services or upcoming events. If you do not wish to receive such telephone calls, please let us know by sending us e-mail at the above address.

Ad Server

With respect to Ad Servers:

Other third-party companies which place advertising on our site may collect information about you when you view or click on their advertising through the use of their cookies or other tracking technologies, which may include delivering targeted advertisements and marketing messages based upon the third party websites that you visit, or other purposes. We cannot control this collection of information and are not responsible for the privacy policies and data collection, use and disclosure practices of these third party advertisers. You should contact these third party advertisers directly if you have any questions about their use of the information that they collect from you. Google-DoubleClick DFP is our third party ad server. If you would like to know more about their information gathering practices and opt-out procedures, please see Google ad policies.

Also, if you would like more information about this practice and to know your choices about not having this information used by these companies, please see NAI Opt-out Options.

Information Use

We only share personal information with other companies or individuals outside of the cases outlined above in the following limited circumstances:

We may share with third parties certain pieces of aggregated, non-personal information, such as the number of users who searched for a particular term, for example, or how many users clicked on a particular advertisement. Such information does not identify you individually.

Remarketing

We may remarket your information. Remarketing is a way for us to connect with users, based upon your past interactions with INN websites. Third-party marketing vendors may be hired by INN to perform remarketing services. As a result, third-party vendors, including Google, may show INN ads on sites on the internet. Third-party vendors, including Google, use cookies to serve ads based on a user's prior visits to INN websites.

To opt out of customized Google Display Network ads click here. To find out more about how Google uses any data it collects please visit http://www.google.com/privacy_ads.html.
Any information collected is used only for remarketing purposes and will not be used by them for any other purpose.

Future Use

From time to time, we may use visitor information for new, unanticipated uses not previously disclosed in our privacy notice. If our information practices change at some time in the future we will post the policy changes to our website to notify you of these changes and provide you with the ability to opt out of these new uses. If you are concerned about how your information is used, you should check back at our website periodically.

Accessing Your Data

Please contact us at the address above for any additional questions about the management or use of personal data.

Upon request we provide site visitors with access to communications that the visitor has directed to our site (e.g., e-mails, customer inquiries), contact information (e.g., name, address, phone number) that we maintain about them.

Visitors can access this information by e-mailing us at the above address.

Upon request we offer visitors the ability to have inaccuracies corrected in contact information.

Visitors can have this information corrected by sending us e-mail at the above address.

Security

With respect to security: We have appropriate security measures in place in our physical facilities to protect against the loss, misuse or alteration of information that we have collected from you at our site.

Your Acceptance of These Terms

By using this site, or by submitting personal information to us, you signify your agreement to Dig Media's Privacy Policy and Terms of Use. From time to time we may change or update our piracy policies. It is your responsibility to check back regularly to inform yourself of such changes. Your continued use of this or any Dig Media website following the posting of changes to these terms will be deemed as your acceptance of those changes.

The foregoing policies are in effect as of August 1, 2012. Dig media reserves the right to change this policy statement at any time by posting the revised policy to this website. This statement and the policies outlined herein are not intended to and do not create any contractual or other legal rights in or on behalf of any party.

If you feel that this site is not following its stated information policy, you may contact us at the above addresses or phone number.

×
Investing News Network