Cossette Gold System Extended and Indicates Widths at Its Trecesson Property

Knick Exploration (TSXV:KNX) is pleased to announce the overall extension of Cossette Gold System systems by 140 meters, and an increase in the potentially mineralized swell widths. Results of tracing the system with short holes by the recent 2017 drilling on the property have increased the overall combined north and south area strike length to 495 meters and closed the gap of 500 meters between the Cossette north area and Cossette south area of the system to 365 meters. Step outs between drill holes were approximately 20 meters. The limited drill campaign was engineered:
1) To trace and test the extension of the north and south areas along the prospective ground between believed to host, “dilation zone(s)” widenings, of the system with similar mineralization to that encountered in Knick’s 2011 first phase drill campaign.
2) To test one of the richer gold mineralized sections of the continuity of the system at deeper depths.
Hole TR-17-02, TR-17-03 and TR-17-04 confirms the presence of a dilation zone and hole TR-17-02 is considered to have intersected one of the richer gold mineralized sections of the system to date therefore drill holes TR-17- 23 to TR-17-33 were targeted to further investigate this area (results pending).
Below are the results from holes TR-17-01 to TR-17-22.
 South Cossette Area
Hole                From       To           Width          Gold          Silver        Lead      Section
Number           Meters    Meters     Meters           g/t             g/t              %        Northing
TR-17-01          65.30     67.50        2.20               3.23                                         5391600
Including   65.30     66.00        0.70               9.09           29.70         3.49
TR-17-02          45.30     51.95        6.65             94.40          218.00        0.37      5391620
TR-17-03          27.55     27.85        0.30              2.97                                           5391620
TR-17-10          24.10      28.10       4.00               0.87                                          5391640
Including   24.75       25.80       1.05              3.25           6.20
 
North Cossette Area
 
Hole                From       To           Width       Gold        Section
Number           Meters    Meters     Meters      g/t         Northing
TR-17-13          59.00       59.70        0.70       2.88         5392080
TR-17-14          88.10       90.85        2.75       0.34         5392080
TR-17-17          42.60       45.50        2.90        0.48         5392035
Including    43.50       44 10        0.60        2.23
TR-17-19          53.10       59.40        4.30        7.24         5392001
Including   55.00       55.70        0.70       44.16
 
 Intersections Indicative of Width Potentials of the Cossette Gold System
Hole                From       To           Width       Gold        Section
Number           Meters    Meters     Meters      g/t         Northing
TR-17-03          25.00     33.70        8.70         0.17         5391620
TR-17-04          10.15     16.00        5.85          0.10        5391640
20.80      30.30        9.50         0.10
TR-17-12         106.06     111.00       4.40       0.15         5391880
TR-17-15          61.80       65.10        3.30        0.17        5392113
TR-17-16          90.60        91.75       1.15        0.13         5392113
N.B. All core widths are down hole widths. Results from hole numbers in italics were previously announced June 15, 2017.
Compared with the company’s 2011 drill campaign where the veining system was encountered up to 3.27 meters, true width, the 2017 drilling has intersected the zone with down hole widths up to 16 meters, an estimated true width of 12 meters. Knick cautions investors that the width of zone intersected represent the host structure and may or may not be mineralized in part or whole.
Reference: ¹ NI 43-101 Technical Report, Trecesson Property, Abitibi Area, Amos Region, January 20, 2012 updated on March 25, 2013 by Donald Théberge, Eng., M.B.A. Available on Knick’s website at:www.knick.ca.
 
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Source: www.knick.ca