The Conversation (0)
Knick Exploration (TSXV:KNX) has begun a re-assessment of the West Gold Zone at its East-West property. The company is undertaking the reassessment in light of positive moves by Osisko Gold Royalties (TSX:OR) and Niogold Mining (TSXV:NOX) to develop a resource at the nearby Marban deposit.
As quoted in the press release:
On January 16, 2015 Niogold Mining Corp. announced “results from the first 15 diamond drill holes of its current 40,000m infill program on the modelled open-pit shell of the Marban deposit. The results indicate several new high-grade shoots as well as wide lower-grade intervals. Drilling highlights of the infill program include 68.73 grams per tonne over 4.1 metres in hole MB-14-342 at a vertical depth of 145 m. Since Oct. 14, 2014 more than 14,000m distributed in 40 holes has been drilled and was concentrated over a strike length of 450 m on the eastern part of the deposit.”
The East-West property, adjacent the Osisko Royalties Marban property is situated in the Val d’Or mining camp.
Knick Exploration president, Jacques Brunelle, said:
Knick is pleased to hold this 1.6km (1 mile) strike length of favourable geology in the Golden Highway corridor of the Val d’Or mining camp. We will continue to seek potential option/joint venture partners to advance the East-West property and will be available for meetings at the PDAC convention in Toronto.
Click here to read the Knick Exploration (TSXV:KNX) press release
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