Knick Exploration (TSXV:KNX) main focus is extending its East-West property’s West Gold Zone, westward to the communal Knick Exploration Inc. East-West Property/Oban Mining Corp. Marban Property boundary.
Knick Exploration (TSXV:KNX) main focus is extending its East-West property’s West Gold Zone, westward to the communal Knick Exploration Inc. East-West Property/Oban Mining Corp. Marban Property boundary. This represents more than 300 meters of untested strike length within a 400 meter wide prospective gold corridor. The East-West property is located in the Val d‘Or/Malartic mining in the Abitibi region of Quebec, Canada.
As quoted in the press release:
Thee company’s research to date indicates the geology of the West Zone is similar to the neighboring Marban deposit of Oban Mining Corp. The Marban deposit is host to 1.531Moz of gold. Drilling will be required to verify a potential extension of the Marban deposit into Knick’s ground and also its potential connection with Knick’s West Gold Zone.
One of the most interesting results coming from Knick’s latest studies is the economic potential related to the hanging wall and footwall. Not only are the quartz veins carrying gold but the host rock on both sides of the veins are also carrying gold thus increasing the width of their mineralized envelopes. In plain language this is analogous to a sandwich: the quartz veins are the meat and the footwall and hanging wall host rocks are the bread and butter. Without the bread and butter, there’s no lunch.