Knick Exploration Assays 1.5 m of 41 g/t Au From Old East-West Core

Knick Exploration (TSXV:KNX) obtained a new result during the core re-examination and sampling activities on its 100-per-cent-owned East-West property. The East-West property is located along the Trans-Canada Highway of the Val d’Or-Malartic mining camp, Quebec, Canada.
As quoted in the press release:

A routine sample taken on hole E-W-11-03 returned 41.9 g/t gold over 1.5 meters from 179.0 to 180.5 meters, down hole. The sample was obtained from a strongly carbonate-altered ultramafic unit marked by discrete quartz veining with disseminated pyrite. It contained visible gold in the quartz associated with tremolite. This mineral alteration is well known to be related to gold deposits throughout the Marbenite structural corridor. Further sampling is being completed above and below the intersection to verify the width of a potential gold anomalous envelope.
This new interval comes from a previously sparsely drill tested area. Only 5 holes crossed this potential structure and most of the surrounding area remains untested.
This new discovery highlights:
-Gold mineralization in the Marbenite fault system can be found in different geological contexts (structure, host rocks, alteration ). It does not fit/relate to solely one model.
-Initial core sampling during the 2009 & 2011 drilling program was restrained to known targets, explaining why particular wide drill intervals were not initially sampled.

Knick Exploration President Jacques Brunelle stated:

A better understanding of our neighbour’s geology is giving Knick a wider range of gold exploration opportunities no longer limiting us to previously drilled targets. Multiple untested areas are being determined on a fast track basis near the NioGold/Osisko Royalties boundary, along the Kiena property limit and throughout the upper portion of the East-West property. This 1.6 km corridor of favourable geology offers lots of room for further discovery. We believe it has not delivered its biggest secret /full potential to date and intend to find it. Currently we’re receiving enjoyment from the continuing research on this gold project.

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