KNIGHT RESOURCES LTD (fka KNP.V)

[doogdilinger]

Totally agreed:)

[JoBar]

NeWs OuT on KNP
Knight Resources Ltd./New Discovery at West Raglan-Seahawk: 3.50 Metres of 3.22% Nickel and 1.93% Copper, Including 1.05 Metres of 8.60% Nickel and 3.41% Copper
Wednesday August 8, 2:38 pm ET

VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Aug 8, 2007 -- Mr. Harvey Keats, Chief Executive Officer of Knight Resources Ltd. (CDNX:KNP.V - News)(Frankfurt:KRL.F - News), reports the results of the second set of assays from drilling completed at West Raglan during the 2007 season. Disseminated, net textured and massive sulphides intersected in diamond drill hole WR-07-130 occur in ultramafic rock and average 3.22% nickel, 1.93% copper, 0.99 g/t platinum and 3.35 g/t palladium over 3.50 metres from 152.0 to 155.50 metres, including 8.60% nickel, 3.41% copper, 2.53 g/t platinum and 9.10 g/t palladium from 152.95 to 154.00 metres.

This new mineralization occurs at the base of an ultramafic unit interpreted to be the same unit that, to the west, hosts mineralization at Century (750 metres west), Frontier South (545 metres west) as well as the new mineralization encountered in WR-07-128 (588 metres west - News release July 25, 2007). In the area of drill hole WR-07-130, a separate ultramafic unit that occurs stratigraphically below and to the south of this new discovery hosts nickel mineralization identified in 2004 as the Seahawk zone. The ultramafic units that host this new mineralization and the Seahawk zone are part of the Greater Frontier Area which is characterized by a swarming of mineralized ultramafic intrusions that occur over a 6 kilometre strike length along the "Raglan Horizon" (see www.knightresources.ca)

Drilling is planned to follow up the discoveries in WR-07-128 and WR-07-130 during the 2007 program.

Two rigs are currently operating on the West Raglan Project as part of an 8,000 metre diamond drill program. Additional assays from the 2007 program are expected in the coming weeks. Samples from additional holes are in the laboratory and assays will be released as they become available.

The West Raglan Project is a joint venture between Anglo American Exploration (Canada) Ltd. ("AAEC") (51%) and Knight (49%). The West Raglan Project, Quebec covers over 720 sq. km and includes approximately 65 kilometres of the "Raglan Horizon" along which extensive ultramafic rocks typically occur. The geological setting is identical to the belt hosting Xstrata Nickel's Raglan deposits where Xstrata announced exceptional exploration results on August 7, 2007.

AAEC is the operator of the West Raglan Project and is responsible for the sampling, submittal of samples for assay and QA/QC. Assaying of samples reported in this news release was carried out and certified by ALS Chemex, of Vancouver, BC (nickel, copper, cobalt and sulphur (Total) by sodium peroxide fusion followed by ICP-AES) (Pb-FA for platinum, palladium and gold). Sample preparation was done by ALS Chemex of Vancouver, British Columbia. Robin Adair, VP of Exploration, is the Qualified Person responsible for the technical information in this news release.



---------------------------------------------------------------------------
UTM Core
Location Angle/ Length
Hole NAD 83 Direc- Length Pt Pd
Number Zone 18 tion From To (metres) Ni% Cu% (g/t) (g/t) S%
---------------------------------------------------------------------------
WR-07- 443925E, -60 152.00 155.50 3.50 3.22 1.93 0.99 3.35 11.83
130 6802950N degrees/
180
degrees
------- -----------------------------------------------------------
inclu- 152.95 154.00 1.05 8.60 3.41 2.53 9.10 30.20
ding
---------------------------------------------------------------------------
(i)True thickness is unknown but is interpreted to be greater than 85% of
the core length

ON BEHALF OF THE BOARD OF KNIGHT RESOURCES LTD.

Harvey Keats, CEO



THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE


Contact:

Contacts:
Knight Resources Ltd.
Harvey Keats
CEO
[phone]
[phone] (FAX)
Email: [e-mail]
Website: http://www.knightresources.ca


Source: Knight Resources Ltd.

[JoBar]

its a possibility but i was looking over the last PR and i found something interesting...

"Mr. Gower worked for Falconbridge Limited and Noranda Inc. (now Xstrata) for over 20 years, most recently as General Manager of Global Nickel and PGM Exploration for Falconbridge and as a member of the senior operating team for the Nickel Business."

This guy has been in the business for a long time, so i was wondering why someone like him is on the board of a 60 cent stock...I did some research and i found that Xstrata worked in the same area (and same field...copper) he must see something in this stock that would think its worth somebody of his skill...this is a very good omen methinks.

[EricVan]

Check this out..nice read :) Could KNP be bought out? hmmm...

Xstrata Nickel: Raglan expansion study commences - exceptional exploration results (PDF)

Toronto, 7 August 2007

Xstrata Nickel announces it plans to increase mine production to over 2 million tonnes of ore per year at its wholly-owned flagship Raglan nickel mine in the Nunavik Territory of Northern Quebec, Canada. This would almost double mine output over the current annual production rate of 1.1 million tonnes of ore. Plans are already under way to increase production to 1.3 million tonnes per annum by the end of 2008; additional capacity to reach two million tonnes is expected to ramp up from 2011. After the expansion, Raglan will be one of the largest nickel mines in the world, with output approaching 50,000 tonnes of contained nickel in concentrate per annum, together with copper and platinum group metal (PGM) by-products.

Exploration results thus far from the current drilling programme have added approximately 2 million tonnes of inferred resources at 3.0% nickel in Zone 5-8, located 4 kilometres east of Katinniq, including an intersection of 63 metres at 4.4% nickel and 1.6% copper. Zone 5-8 has now replaced Katinniq as the largest ore zone in Raglan’s history, with a preliminary estimate of the current inferred resource of 10 million tonnes at 3.2% nickel, 0.8% copper, 0.08% cobalt, 0.9 grams per tonne platinum and 2.1 grams per tonne palladium, or 4.0% nickel equivalent.

Xstrata’s large land position in the Raglan belt has the potential to develop into one of the world’s great nickel operations, which has prompted the expansion of the exploration programme to continue developing new ore reserves. Over the next five years, around C$200 million is expected to be invested in exploration activities in support of the new production target. A dedicated expansion team has been established at Raglan to oversee both the revised exploration programme, and the expansion studies that will be initiated to move toward this new production goal.

Ian Pearce, Xstrata Nickel Chief Executive commented: ”Since beginning production in 1997, the Raglan mine has consistently delivered on its promise as one of the world’s most significant, low-cost nickel mines and most attractive exploration camps. Our most recent exploration results are truly exceptional and confirm that Xstrata Nickel’s Raglan property is located on one of the world’s great nickel belts. We are putting the necessary resources in place in order to ensure that the significant additional potential of Raglan is realised for all stakeholders. This investment is consistent with Xstrata Nickel’s focus on growth and on maximizing the potential of our operations and the value for our shareholders.

From its creation in August 2006, Xstrata Nickel will have invested over C$125 million at Raglan by the end of 2007. This includes investment of C$104 million in total for projects currently under way to refurbish the existing Deception Bay wharf installations and to expand the operation’s permanent accommodation facilities.

Investment in Raglan is also delivering additional benefit to surrounding communities and stakeholders through continued employment and supply contracts, as well as through the annual profit sharing program between Xstrata Nickel and local Inuit communities under the Raglan Agreement. Payments of C$26 million in total have been made to date to the Makivik Corporation under the agreement.

“In recent years, the Government of Quebec has demonstrated strong support for the mining sector, in particular its encouragement of exploration activities, and the province has been truly one of the most attractive jurisdictions in our industry. We are also proud of our strong relationship with our key stakeholders in the Nunavik region and in Abitibi region. These relationships are fundamental in helping us deliver a continued flow of benefits to local communities. We will continue to value and build upon these relationships,” said Pearce.

The Raglan operation currently comprises three underground mines, one open pit mine, and a concentrator. The site enjoys year-round road connections to a landing strip at Donaldson and to harbour facilities at Deception Bay. Ore from the mines is crushed, ground and processed into nickel-copper concentrate at the Raglan plant, and shipped via Quebec City to Xstrata Nickel’s Sudbury smelter for further processing before being sent to Xstrata Nickel’s Nikkelverk refinery in Kristiansand, Norway, for refining. Raglan has approximately 580 direct employees and 200 contractors.

Ends


Notes to editors

Resource calculations are supervised and approved by Terry Mallinson (Geology Superintendent, Raglan Mine), who is the Qualified Person for the Raglan exploration programme. Core samples are assayed at the Raglan Mine laboratory and a QA-QC program is followed that includes regular insertions of mineral reference standards in each batch of samples. Check assays are performed at SGS Lakefield Laboratory.
Xstrata is a global diversified mining group, listed on the London and Zurich Stock Exchanges, with its headquarters in Zug, Switzerland. Xstrata’s businesses maintain a meaningful position in seven major international commodity markets: copper, coking coal, thermal coal, ferrochrome, nickel, vanadium and zinc, with recycling facilities, additional exposures to gold, cobalt, lead and silver and a suite of global technology products, many of which are industry leaders. Xstrata Group's operations and projects span 18 countries: Argentina, Australia, Brazil, Canada, Chile, Colombia, the Dominican Republic, Germany, New Caledonia, Norway, Papua New Guinea, Peru, the Philippines, South Africa, Spain, Tanzania, the USA and the UK. Xstrata employs approximately 43,000 people, including contractors.
Xstrata Nickel, headquartered in Toronto, Canada, is one of Xstrata Group’s global commodity businesses, comprising five mines and processing facilities in Ontario and Quebec, Canada; a ferronickel mine and processing facility in Bonao, Dominican Republic; and a refinery in Kristiansand, Norway. Xstrata Nickel has a significant portfolio of growth projects, including Nickel Rim South in Canada, Kabanga in Tanzania, and Koniambo in New Caledonia. Xstrata Nickel is the world’s fourth largest nickel producer, with annual managed production of more than 110,000 tonnes of refined nickel.



Xstrata Nickel Contacts

Dominique Dionne
Vice-President, Corporate Affairs
Office [phone]
Mobile [phone]
Email [e-mail]

[EricVan]

KNP.V got halted again :) something big coming up...

[JoBar]

Thanks for the chart..

[oscillo]

KNP TA-annotated
http://stockcharts.com/c-sc/sc?s=KNP.V&p=D&yr=0&mn=3&dy=0&i=p72775874865&a=1...

[EricVan]

Nice news out...

David Gower Joins Knight's Board of Directors
Friday August 3, 4:44 pm ET


VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Aug 3, 2007 -- Mr. David Patterson, Chairman of Knight Resources Ltd. (CDNX:KNP.V - News)(Frankfurt:KRL.F - News), reports the appointment of Mr. David Gower to the Company's Board of Directors.
ADVERTISEMENT


Mr. Gower worked for Falconbridge Limited and Noranda Inc. (now Xstrata) for over 20 years, most recently as General Manager of Global Nickel and PGM Exploration for Falconbridge and as a member of the senior operating team for the Nickel Business.

At Falconbridge, Mr. Gower was responsible for all brownfield and greenfield nickel exploration programs world wide and provided the geological support for mining project development. He led a Falconbridge exploration team that had one of the strongest discovery records in the nickel industry over the past few years, including brownfield discoveries at Raglan and Sudbury and greenfield discoveries on the Araguaia Project in Brazil and significant increases in resources at Kabanga in Tanzania. Prior to working in the nickel business, Mr. Gower was the General Manager of Copper and Zinc Exploration - Northern Hemisphere and Australasia for Noranda Inc., and was part of the discovery team of the Perseverance Deposit currently being developed by Xstrata in Matagami and the Duck Pond Deposit being developed by Aur Resources in Newfoundland. Two of Mr. Gower's exploration teams have been awarded the prestigious "Prospector of the Year Award" by the Prospectors and Developers Association of Canada. Mr. Gower's appointment to the Board of Directors of Knight Resources Ltd. follows the resignation of Mr. Laurie Sadler from the Board of Directors.

In conjunction with his appointment, Mr. Gower has been granted 250,000 stock options at $0.70 per share exercisable for a period of two years.

ON BEHALF OF THE BOARD OF KNIGHT RESOURCES LTD.

David Patterson, Chairman



The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.



Contact:
Contacts:
Knight Resources Ltd.
David Patterson
Chairman
[phone] or Toll Free: 1-877-KNIGHT5
[phone] (FAX)
Email: [e-mail]
Website: http://www.knightresources.ca

[JoBar]

i am sure there is going to be more NEWS to come

[JoBar]

agreed...keep your eyes on this one guys...i think we could hit dollar land next week! What do you guys think?

[EricVan]

Great buy on any dips IMHO :) I expect to hear a lot more from the company now that the drillings have started..this one will see 1$ in no time..not many shares out there IMHO.:)

[JoBar]

oh definitly...face it, they drilled thier first hole and they already hit the goods is just great...especially since these minerals are in high demand...it could get to dollar land and it would still be undervalued.

[EricVan]

Really looks like it could go to one dollar soon IMO :)

[Jontar]

KNP is doing really well so far this morning up 10 percent on 1/2 Million shares, i can see it hitting a dollar if this trend continues.

All things considered the stock will be undervalued untill it gets into the dollar range (at least for now) and once they start extracting...well thats a different story.

[Jontar]

this is the first of many to come...this was the first hole they plan on drilling more, so the stock is still highly undervalued IMHO so now would really be a good time to load up on some KNP because this one WILL go to dollarland...the question is when

[doogdilinger]

Sweet news here today! Wish I did more than add this to my radar recently. Regardless...impressive results & congratz to all who've been playing this one:)

[Jontar]

hey guys Really big NEW
This is going to turn KNP around... this was thier first Hole and they already found stuff...and they got alot more digging to do

July 25, 2007

Number: 009-07
28.65 METRES OF 1.06% NICKEL and 5.90 METRES OF 2.98% NICKEL intersected in FIRST 2007 drill hole at west raglan


VANCOUVER (July 25, 2007) – Mr. Harvey Keats, Chief Executive Officer of Knight Resources Ltd., reports assay results from the first drill hole of the 2007 West Raglan program.



WR-07-128 intersected two new mineralized intervals within a single ultramafic unit. The hole intersected 28.65 metres grading 1.06% nickel, 0.36% copper, 0.24 g/t platinum, 0.96 g/t palladium in disseminated sulphides from 157.60 to 186.25 metres followed by a second interval containing 5.90 metres grading 2.98% nickel, 0.68% copper, 0.41 g/t platinum and 1.6 g/t palladium in disseminated, net textured and massive sulphides from 217.20 to 223.10 metres at the base of the same ultramafic unit. This mineralization occurs in a geological setting typical of that observed at Xstrata’s Raglan Mine.


WR-07-128 was drilled to follow up two off-hole EM anomalies in 2006 hole WR-06-125, down-dip of the known Frontier South Zone. The intersections in hole WR-07-128 support the new geological interpretation of the Frontier Area made late in the 2006 field season.



Two rigs are currently operating on the West Raglan Project as part of an 8,000 metre diamond drill program. Additional assays from the 2007 program are expected in the coming weeks.



The West Raglan Project is a joint venture between Anglo American Exploration (Canada) Ltd. (“AAEC”) (51%) and Knight (49%). The West Raglan Project, Quebec covers over 720 sq. km and includes approximately 65 kilometres of the “Raglan Horizon” along which extensive ultramafic rocks typically occur. The 2007 drill program is focused on the Frontier Area which is characterized by a swarming of mineralized ultramafic intrusions that occur over a 6 kilometre strike length along the “Raglan Horizon”.



AAEC is the operator of the West Raglan Project and is responsible for the sampling, submittal of samples for assay and QA/QC. Assaying of samples reported in this news release was carried out and certified by ALS Chemex, of Vancouver, BC (nickel, copper, cobalt and sulphur (Total) by sodium peroxide fusion followed by ICP-AES) (Pb-FA for platinum, palladium and gold). Sample preparation was done by ALS Chemex of Val d’Or, Quebec. Robin Adair, VP of Exploration, is the Qualified Person responsible for the technical information in this news release.



*True thickness is unknown but is interpreted to be greater than 90% of the core length





ON BEHALF OF THE BOARD OF

KNIGHT RESOURCES LTD.



“Harvey Keats”

CEO



Join us @ clarksoncapital.com

[brief case]

halted by the company................:)

[Jontar]

wow KNP is up to 20% !!!

that puts us at 60 cents... looking very nice for KNP!

[Jontar]

there has beem a bit of volume on KNP today but no price change... let see how the rest of the day plays out...i think if KNP gets a bit higher it wont go below 50 cents again. it looks stable ATM.

[december]

:)

[brief case]

makes for a great summer.....

[december]

1000% - I like it :))))))))

[brief case]

GCR, CMA, or GGL type moves would be nice.

[december]

I hope we get a GCR move

[brief case]

I agree, 5 weeks of drilling, cores must be in for testing now

[december]

I expect we will see news in the next couple of weeks..........

[brief case]

I agree.....

[december]

KNP is going to fly...............patience is key

[brief case]

people are probably jumping to hot movers also...

[december]

Maybe summer weakness???

[CPTMatt]

GCR is dissapointing. I was hoping to see $4 again, before $2.00

[december]

A small pullback today........good for a long term move

[december]

Nice gain :)

I think it is a valuation question at this juncture.

[brief case]

not sure it has anything to do with insider trading....drillers have cell phones, rumour mills get started etc etc.

Reality is they have been drilling since June 15th so people are timing things, plus newsletters have been touting the stock.

[CPTMatt]

Ummmmm... Well typically stocks take off after the PR. Frontloading from insider trading generally isn't a good thing.

I'd prefer to think it is a delayed reaction in realization that they're drilling

I am long, BTW

[brief case]

not delayed at all, drills are turning and someone must have seen the core.......this could really run

[CPTMatt]

I agree, I was just stating that it was kind of a delayed reaction

[Jontar]

well Nickel is in demand at the moment,
and the fact that they are already drilling is a really good sign. I think this one is really going to go far soon.

[brief case]

take a look at CMA, GCR, GLL etc etc, people want Nickel plays, KNP has been drilling for 5 weeks already

[december]

KNP is joining the dance

[CPTMatt]

What I don't understand is the catalyst for the run. If it was a PR it must be a delayed reaction because the only news today was about selling equity

[brief case]

a lot of nickel stocks going up up up

[december]

GCR #2

[december]

KNP is catching up

[Jontar]

looks like it could break above .5 any moment now...

we just need more eyes on this stock.

[brief case]

chekc out CMA today-

[brief case]

just the beginning.............look at whar GCR did

[december]

i heard .485 :)

[brief case]

and we are off!!!!!!!!!!!!! :)))))))