Knick's Trecesson Property Chib-Kayrand Area "Vein No. 9" Returns Tungsten
08 October 2013 - 11:01PM
Access Wire
Val-d'Or, Quebec, October 8, 2013, - Knick Exploration
Inc. (TSX-V: KNX)
is pleased to report that after manual
stripping to
expose "Vein No. 9",
three of ten grab samples taken to confirm historic
reports of tungsten in the vein returned 0.64%, 0.63% and
0.55%,tungsten
tri-oxide.
In the
"Vein No. 9",
G. Dumont reported
in 1951 that a 13,500 lb. (6,136 kg.) bulk sample
assayed 0.45%
tungsten tri-oxide and 1g/t gold. Surface
exposure in old
workings and historic drill hole intersections indicate that the vein is at least
450m long with widths
up to 6.10m. In
1951 six holes were
drilled intersecting
the "Vein No.
9", and "new parallel striking veins" at vertical
depths of up
to 91m (300
ft.). A 1940 grab sample contained 2.72%
tungsten and samples collected
in 1941 assayed 2.7 to 27.5%
tungsten tri-oxide (MNRQ GM
files).
Tungsten analysis
by multi element scan
gives a partial digestion result
and does not
reflect an accurate grade of
tungsten within a sample. Due to
anomalous tungsten results
in certain multi element scans of
samples collected by Knick the company is
re-analysing 17 samples
originally performed by multi element scan
by XRF method
for an accurate
measure of their tungsten content.
China
controls approximately 80% of the market followed by the former USSR with about
8% (reference: SIDEX, Exploring for tungsten in Quebec).
Typical grades for tungsten
are 0.3 to
1.5% tungsten tri-oxide for veins, lower for
stockworks.
Grab samples are selective by nature
and are unlikely to represent the average grade of the mineralized
zone.
Samples were sent
to Expert Laboratory
in Rouyn-Noranda, Quebec for analysis.
Fire
assay, multi element
scan and XRF method were
implemented for analysis.
Standards and blanks are submitted
by Knick routinely to insure quality control.
The
Chib-Kayrand Area
is located in the
east part of
Knick's Trecesson property. The
property covers most of the Trecesson Batholith which
has similar
characteristics to the Bourlamaque Batholith of
the Val d' Or mining camp. It is
located 12 km north of the town of Amos and
approximately 65 km
north northwest of Val d'
Or. The Trecesson Gold Property is traversed by
paved and all weather gravel roads making it accessible year
round.
Gordon N. Henriksen,
P.Geo., Vice President of Knick Exploration, is the Company's
qualified person as defined by National Instrument 43-101. He has
reviewed and approved the contents of this press release.
We seek Safe
Harbour.
Forward-Looking Statements
Neither TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this press
release.
This Press Release
includes forward-looking statements that are subject to risks and
uncertainties. All statements within, other than statements of
historical fact, are to be considered forward looking. There can be
no assurances that such statements will prove accurate and,
therefore, readers are advised to rely on their own evaluation of
such uncertainties.
FOR MORE INFORMATION,
CONTACT:
Jacques Brunelle Gordon N. Henriksen
President & CEO
Vice President
Knick Exploration
Knick Exploration
536, 3rd
Avenue 536, 3rd Avenue
Val-d'Or, Quebec Val-d'Or,
Quebec
J9P 1S4 J9P 1S4
Office Office
819-874-5252 819-874-5252
Cell Cell
819-856-1387
819-210-1406
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