("Knick Exploration" or "the Company") is pleased to announce the completion of a Hole to Hole 3D borehole I.P. (induced polarization) survey by Abitibi Geophysics on the eastern part of the East-West property. The research on the eastern part of the property encompasses the recently discovered "new gold area" and historic east gold zone, interpreted as having gold deposit potential.

Present geometry suggests an overall plus 300m strike length and open continuity at depth on the "new gold area’ and the historic east gold zone. The borehole survey can give geophysical information at greater depths than traditional I.P. surveys and has been oriented toward potential drill targets between surface and 400 meters depth. The phase II deeper diamond drill program will commence on the eastern part of the East-West gold property this summer, focusing on delineating a deposit in this area.

The historic East Zone gold highlights include: 115.07g/t over 2.10m, 310.96g/t over 0.80m and 303.77g/t over 0.30m.

The "new gold area" 2009 gold highlights include drill core intersections of: 10.08g/t over 1.45m, 21.59g/t over 0.95m and 37.13g/t over 0.30m. Surface sampling of the stripped area assayed up to: 26.67g/t over 0.90m and 38.26g/t over 0.50m