Mr. Jacques Brunelle reports

MARBENITE FAULT LOCATED IN THE MIDDLE OF THE EAST-WEST PROPERTY

Knick Exploration Inc. has provided an update of its continuing activities on its 100-per-cent-owned East-West property. The East-West property is located along the Trans-Canada Highway of the Val d'Or-Malartic mining camp, Quebec, Canada. It is sandwiched between great neighbours, Osisko Royalties/Niogold Mining Corp., Marban deposit, to the west, and Wesdome Gold Mines, Kiena mine complex, to the east.

The continuing core review and fieldwork have led to the following observation: The Marbenite fault or branches of it pass through the East-West property.

This structure is host of the Marban deposit adjacent to the west of the property and the Kiena mine complex to the immediate east of the property side. The gold-bearing nature of the Marbenite fault, which traverses the East-West property, is illustrated by its surface gold, showing distribution which encompasses a 600-metre-wide corridor.

Both the Gilbert and Raven gold occurrences are host to strong alteration and veining systems with channel sampling grades reaching locally more than 10 grams per tonne gold over metric widths (references, Knick press release Nov. 4, 2011).

Historically, the Marbenite fault system was interpreted as passing north of the East-West property. With this new interpretation based on detailed examination of outcrops in the field and hole-to-hole comparison of drill data, it is evident that the East-West property is better positioned relative to the surrounding ground, where major mineralized systems are known and historical production has occurred, than previously believed.

Presidential comment: "With the Marbenite fault system well located on and traversing our property, a wider range of possibilities/opportunities exist for potential gold deposits as implied by this favourable geologic structure. Millions of ounces of gold have been found over decades on ground adjacent to both sides of our East-West property's boundaries. The ongoing research has developed multiple new high-priority drill targets."

Gordon N. Henriksen, PGeo, vice-president of Knick Exploration, is the company's qualified person as defined by National Instrument 43-101. He has reviewed and approved the contents of this press release.

We seek Safe Harbor.