Company Information for Knight Resources Ltd

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Company Statement

Knight Resources Ltd. is a Canadian base metal exploration company. Knight holds a 49% interest in Anglo American Exploration (Canada) Limited’s West Raglan nickel exploration project, situated in the Cape Smith Belt in northern Québec.

Current Operations

West Raglan Project, Nickel Exploration
The Cape Smith Belt in northern Quebec is one of the most prospective areas in the world to discover new nickel deposits. Recognizing this, in early 2003 Knight entered into an agreement with Anglo American Exploration (Canada) Limited ('AAEC') on their 720 square kilometer West Raglan Project. Knight completed all of its earn-in obligations in 2005 and the nickel exploration project is now a fully consummated joint venture with Knight holding a 49% interest in the property.

Xstrata’s Raglan nickel mine is located 90 kilometers east of the eastern margin of the West Raglan Project. Resources, reserves and mined ore to date at Raglan total 35 million tonnes averaging 2.9% nickel and 0.8% copper with significant platinum group elements. Recent exploration results have added significantly to this total. The Raglan nickel deposits have been traditionally characterized as clusters of multiple, relatively small and high-grade lenses that cumulatively comprise the reported resources and reserves (e.g. Katinniq Deposit). A significant new development in the type of deposit that can be found in the “Raglan Formation” is demonstrated by Xstrata’s recent discovery of large, high-grade lenses at Zone 5-8 that contain typical Raglan sulphides in excess of 10 million tonnes.

The known nickel deposits in the Cape Smith Belt occur in two different settings: in the “Raglan Formation" at the base of the Chukotat Group (e.g. Xstrata: Katinniq, Zone 5-8 and Knight/Anglo: Frontier) and within the stratigraphically lower Povungnituk Group. All of Xstrata's resources and reserves are hosted within the “Raglan Formation” and occur in ten separate deposits over a 55 kilometre strike length.

Knight Resources Ltd. partnered with AAEC in 2003 and has completed its earn-in to a 49% interest in the entire property. Exploration is now carried out under a joint venture (AAEC 51%, Knight 49%) and AAEC is the operator of the project. Since 2003, AAEC and Knight have discovered Raglan-style, massive sulphides, net textured sulphides and disseminated sulphides in drill holes, outcrop and boulders, using an integrated and focused approach to exploration. The ongoing resource exploration program has included regional and detailed geological mapping, prospecting, fixed-wing and helicopter-borne electromagnetic/magnetic surveys, ground and down-hole electromagnetic/magnetic surveys, geochemistry and diamond drilling.

Geographical Spread

The Cape Smith Belt of northern Quebec, Canada

Board of Directors and Key Management

David Patterson	CFO and Director
Harvey Keats	CEO and Director
Robin Adair	Director and VP of Exploration
Kerry Sparkes	Director
David Gower	Director

Company Address 3rd Floor 157 Alexander Street Vancouver, British Columbia, Canada V6A 1B8 Telephone: 604.684.6535 Facsimile: 604.602.9311 Email: knight[at]bed-rock.com Website: http://www.knightresources.ca

Additional Address/Key Contact Toll Free: 1-877-KNIGHT5 (564-4485)

Capital Shares Outstanding: 90,670,447 Options: 3,448,683 Warrants: 8,789,730

Shareholder Capital

Annual General Meeting January 25

Year End September 30

Major Shareholders

Donner Metals Ltd.	~15%
Anglo American Exploration (Canada) Limited	~8%

Related News

27/11/09 - Knight Resources Expects Some Interesting Results From 2010 Drilling At Its West Raglan JV With Anglo American
11/12/08 - Geological Success At West Raglan Is All Well And Good For Knight Resources, But The Key Step Now Will Be To Raise More Money
24/01/08 - Knight Resources Stringing Pearls In Northern Quebec

Most Recent Statement

25/11/09 - Private Placement Update
11/11/09 - $2,750,000 Private Placement
05/11/09 - Multiple New Drill Targets Defined on Results of 2009 Field Season
28/08/09 - Stand Top Consultants Ltd. Reviews Knight Resources (English)
22/06/09 - Knight Resources Ltd.: Surface Exploration Program Begins at West Raglan
26/11/08 - Knight Resources Ltd.: 3.21% Nickel, 1.32% Copper Over 28.28 Metres Intersected at West Raglan