KNIGHT RESOURCES LTD (fka KNP.V)

[EricVan]

Nice read here :)

The Commodity Supercycle Report
www.themarkettraders.com

Malcolm Bucholtz B.Sc, MBA Analyst

August 9, 2007

Knight Resources (TSXv:KNP)...Does it Again!

Two weeks ago, I issued a brief follow-up report on Knight Resources. After discussing the results of drill hole WR-07-128 I suggested Knight Resources could well be the Nickel exploration story of 2007.

And true to form, the team at Knight Resources rewarded shareholders again this week with a second set of assays that were enough to make one gasp with delight. Drill hole WR-07-130 (part of the ongoing 8000 m drill program) intersected 3.5 m (11.5 feet) of 3.22% Nickel. Included in this intersection
was a zone of 1.05 m (3.5 feet) in thickness grading 8.6% Nickel.

Think about it for just minute. When have you ever seen assay results grading 8.6% Nickel? This 8000 meter drilling program is continuing as you read this with two rigs currently operating. More results are expected in the coming weeks.