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
