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Company Information for Knight Resources Ltd

Company stock charts - 12 Month chart

Exchange TSX.V; KNP


View full financial data

Company Statement

Knight Resources Ltd. (TSXV: KNP) is a Canadian base metal exploration company. The company has a 49 / 51 joint venture with Anglo American Exploration (Canada) Limited ('AAEC') for the exploration of the West Raglan Project, located in northern Quebec, Canada.


Current Operations

West Raglan Project, Quebec
The West Raglan project covers over 710 sq. km and includes approximately 65 kilometres of the Raglan Horizon along which extensive ultramafic rocks typically occur. Numerous early stage nickel targets occur along this horizon with the best results to date encountered in the Greater Frontier Area.

Falconbridge’s Raglan nickel mine is located 90 kilometres east of the eastern margin of the West Raglan Project. Resources, reserves and mined ore to date at Raglan total 28 million tonnes averaging 2.8% nickel and 0.8% copper with significant platinum group elements and cobalt.

The known nickel deposits in the Cape Smith Belt occur in two different settings: the Raglan Formation at the base of the Chukotat Group, and the Delta Horizon in the Povungnituk Group. All of Falconbridge's resources and reserves are hosted by the Raglan Formation and occur in nine separate deposits over a 55 kilometre strike length.

Anglo American is the operator of the West Raglan Project. The Project is funded 51% by Anglo American and 49% by the Company.


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
Dave Gower Director

Company Address

3rd Floor
157 Alexander Street
Vancouver, 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 - 89,975,947
Options - 7,702,683
Warrants - 19,619,730
Shares Fully Diluted - 117,298,360

Additional Information

Annual General Meeting

January 25

Year End

September 30

Major Shareholders

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

Related News

24/01/08 - Knight Resources Stringing Pearls In Northern Quebec
26/06/07 - Knight Resources And Anglo American Target Quebec Nickel Play

Most Recent Statement

19/06/08 - 2008 Exploration Program Underway at West Raglan
20/05/08 - $8 Million 2008 Program Planned at West Raglan
03/03/08 - Knight Reports Remaining Results From West Raglan; Expanded 2008 Program Planned
03/12/07 - FINAL CLOSING OF $4 MILLION PRIVATE PLACEMENT
16/10/07 - ADDITIONAL ASSAYS FROM WEST RAGLAN PENDING
03/10/07 - Knight Resources announces more assay results from West Raglan project

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