Val-d’Or, Quebec, January 29, 2014, – Knick Exploration Inc. (TSX-V: KNX) is pleased to report that research into the historic documentation on its tungsten assets of the Trecesson Property has revealed a 1955 report on metallurgical testing of the number 9 vein material indicating positive results in producing a favourable tungsten tri-oxide (WO3) concentrate.
From the 1955, Quebec Tungsten limited report: “some larger scale tests on the ore from Quebec Tungsten Limited, for the purpose of obtaining more constant operation, a larger amount of WO3 concentrate and a procedure more nearly parallel to plant operation than could be obtained in the small scale laboratory tests. These larger scale tests have now been made using approximately 500 lbs of ore for each test.” The objective of the test was to raise the grade of the scheelite concentrate to the acceptable figure of 60% WO3 for direct sale. “This was obtained with a concentrate running 63.5% WO3 but the recovery fell off. However, the middling and tailings from the cleaner table operation could be ground and re-tabled and with a recovery from them of 50% of the tungsten it would bring the overall recovery close to 70%.”(Reference MNRQ: GM4150-C).
The number 9 vein has been traced for a strike length of 450 meters and has reported widths up to 7 meters. Initial 2013 grab samples results from “Vein No. 9″ by Knick ran 0.64%, 0.63% and 0.55% tungsten tri-oxide and a grab sample that assayed 420.37g/t gold returned 0.2% tungsten-trioxide (previously reported).
World demand for tungsten is continuing to increase. China controls approximately 80% of the market followed by the former USSR with about 8%. Typical grades for tungsten are 0.3 to 1.5% tungsten tri-oxide for veins, lower for stockworks.
The property is located 12 km north of the town of Amos and approximately 65 km north northwest of Val d‘ Or, Quebec. The Trecesson Gold Property is traversed by paved and all weather gravel roads making it accessible year round.
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.
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.
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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