Knight Resources Ltd

Published : July 25th, 2007

28.65 Metres of 1.06% Nickel and 5.90 Metres of 2.98

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Canada | Cobalt |

Marketwire

 
 
Knight Resources Ltd.
TSX VENTURE:KNP
FRANKFURT:KRL
Other Recent News

July 25, 2007
Knight Resources Ltd.: 28.65 Metres of 1.06% Nickel and 5.90 Metres of 2.98% Nickel Intersected in First Drill Hole at West Raglan
VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 25, 2007) - Mr. Harvey Keats, Chief Executive Officer of Knight Resources Ltd. (TSX VENTURE:KNP)(FRANKFURT:KRL), 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.


---------------------------------------------------------------------------
            UTM                             Core
       Location                           Length
Hole     NAD 83     Angle/                Length             Pt    Pd
Number  Zone 18 Direction    From     To (metres) Ni%  Cu% (g/t) (g/t)   S%
---------------------------------------------------------------------------
WR-07  6802916N       -58  157.60 186.25   28.65 1.06 0.36 0.24  0.96  2.98
-128              degrees/
---------------------------------------------------------------------------
        443337E       180  217.20 223.10    5.90 2.98 0.68 0.41  1.60 12.69
                  degrees
---------------------------------------------------------------------------

                including  217.90 221.00    3.10 4.96 0.52 0.63  2.58 21.55
---------------------------------------------------------------------------
(i)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


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

CONTACT INFORMATION:

Knight Resources Ltd.
Harvey Keats
CEO
(604) 684-6535
Fax: (604) 602-9311
Email: knight@bed-rock.com
Website: www.knightresources.ca

INDUSTRY: Manufacturing and Production - Mining and Metals

Footer

Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

Knight Resources Ltd

EXPLORATION STAGE
CODE : KNP.V
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Knight Resources is a copper and nickel exploration company based in Canada.

Its main exploration property is WEST RAGLAN in Canada.

Knight Resources is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 19.0 millions as of today (US$ 19.1 millions, € 14.5 millions).

Its stock quote reached its highest recent level on December 31, 2004 at CA$ 1.30, and its lowest recent point on December 24, 2010 at CA$ 0.03.

Knight Resources has 45 250 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Corporate Presentations of Knight Resources Ltd
8/20/2007Hotsheet for 8/20/2007
Annual reports of Knight Resources Ltd
2007 Annual report
Financings of Knight Resources Ltd
5/19/2010: Balance of Non-Brokered Private Placement Closes
3/26/2010$600,000 Private Placement
12/7/2009 Private Placement Update
12/4/2007Final Closing of $4 Million Private Placement
6/6/2007$2.6 Million Private Placement Closes
5/16/2007Private Placement Increased to $2.6 Million
4/11/2007$1.2 Million Private Placement
Project news of Knight Resources Ltd
6/22/2009(West Raglan)Surface Exploration Program Begins at West Raglan
11/25/2008(West Raglan)3.21% Nickel, 1.32% Copper Over 28.28 Metres Intersected at ...
3/3/2008(West Raglan)Reports Remaining Results From West Raglan; Expanded 2008 Pr...
8/8/2007(West Raglan)New Discovery at West Raglan-Seahawk
8/8/2007(West Raglan)New Discovery at West Raglan-Seahawk: 3.50 Metres of 3.22%
7/25/2007(West Raglan)28.65 Metres of 1.06% Nickel and 5.90 Metres of 2.98
6/15/2007(West Raglan)Exploration Program Underway at West Raglan
4/10/2007(West Raglan)8,000 metre drill program on West Raglan Project
Corporate news of Knight Resources Ltd
4/27/2010 $567,621 Financing
11/6/2009MULTIPLE NEW DRILL TARGETS DEFINED ON RESULTS OF 2009 FIELD ...
6/19/2008: 2008 Exploration Program Underway at West Raglan
6/19/2008Hotsheet for 6/19/2008
3/6/2008Hotsheet for 3/5/2008
1/21/2008Corporate Update
12/21/2007Hotsheet for 12/20/2007
12/20/2007West Raglan: 2.72% Nickel Over 7.30 Metres Intersected in
11/8/2007Hotsheet for 11/7/2007
10/24/2007 Additional Assays From West Raglan Pending
10/3/2007: Net-Textured and Disseminated Sulphides Intersected at Wes...
8/3/2007David Gower Joins Knight's Board of Directors
3/24/2007Corporate Update
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (KNP.V)FRANKFURT (KRL.F)
0.420+0.00%
TSX-V
CA$ 0.420
02/01 15:26 -
0%
Prev close Open
0.420 0.420
Low High
0.420 0.420
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  0.420 -19.23%
Volume 1 month var.
60,367 -19.23%
24hGold TrendPower© : 50
Produces
Develops
Explores for Copper - Nickel - Palladium - Platinum
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 2/18/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.44-0.53%Trend Power :
OceanaGold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 10.36+0.97%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.63-1.87%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.05+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.19+3.30%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 14.70-0.88%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.25+2.04%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.16-2.94%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 2.29-0.43%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 45.56-0.44%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.03+0.00%Trend Power :