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Golden Knight - additional infill drilling results from Abore North Zone.


VANCOUVER, British Columbia--(BUSINESS WIRE)--April 11, 1997--Golden Knight Resour (TSE See Tokyo Stock Exchange.

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., NASDAQ NASDAQ
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:GKRVF.) Golden Knight The Golden Knight has last appeared in Demon #20 published by DC Comics. He is protectorate of a dimensional region beyond virtue of Heaven's Gate and can only let something of pure goodness pass. The Thing That Never Dies passes but Etrigan has to fight the Golden Knight.  Resources Inc. is pleased to report results of additional infill drilling at the Abore North zone of the Oda River Concession in southwestern Ghana. The 73.4 square km concession is one of six held by a 50/50 joint venture between Golden Knight and Leo Leo, in astronomy
Leo [Lat.,=the lion], northern constellation lying S of Ursa Major and on the ecliptic (apparent path of the sun through the heavens) between Cancer and Virgo; it is one of the constellations of the zodiac.
 Shield Exploration NL of Perth, Australia Perth may refer to:
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. Golden Knight is the operator.

In the first quarter of 1997, the joint venture has completed 110 reverse circulation drill holes totaling 8,089 metres, largely infill, in the 2.2 kilometre-long mineralized min·er·al·ize  
v. min·er·al·ized, min·er·al·iz·ing, min·er·al·iz·es

v.tr.
1. To convert to a mineral substance; petrify.

2. To transform a metal into a mineral by oxidation.

3.
 zone. Assays have been received for 72 holes and selected assays for 27 holes are included with the attached table. Of particular note are high-grade, near surface results from RC-242, RC-244, RC-251 and RC-264 which included respective assays of 2.86 g/t gold over 22 metres, 4.26 g/t gold over 30 metres, 4.24 g/t gold over 18 metres, and 5.27 g/t gold over 8 metres. Longer intersections in RC-220, RC-232 and RC-245 included respective values of 1.64 g/t gold over 60 metres, 1.97 g/t gold over 40 metres, and 2.21 g/t over 38 metres. Assays for 38 holes are pending.

The mining engineering firm of Steffen Robertson and Kirsten (SRK SRK Shah Rukh Khan (Indian actor)
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) is presently updating its resource calculation for release later this month and H.A. Simons has been commissioned to complete an economic evaluation of open pit mining of the Abore North zone. A feasibility study "A Feasibility Study" is an episode of the original The Outer Limits television show. It first aired on 13 April, 1964, during the first season. It was remade in 1997 as part of the revived The Outer Limits series with a minor title change.  will be initiated subject to the results of the economic evaluation.

At Edubia, located in the southeastern section of the Oda River Concession, the joint venture has also completed 19 reverse circulation holes along 700 metres of a mineralized shear zone. Assay results are pending. The joint venture expenditures in the first half of 1997 are budgeted at $2.0 million which includes ground geophysics, additional trenching, and drilling.

In addition to its interest in the Manso Nkwanta Manso Nkwanta is a town in Ghana. It is the capital of Amansie West district.

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 joint venture, Golden Knight holds a 17.5 percent interest in the Tarkwa Concession where a measured resource of 13 million ounces of gold has been outlined. Production from open pit mining is expected to commence by year-end. Golden Knight is also preparing for a first phase drill program in May on its 90 percent-owned Seguenega Concession in Burkina Faso Burkina Faso (burkē`nə fä`sō), republic (2005 est. pop. 13,925,000), 105,869 sq mi (274,200 sq km), W Africa. It borders on Mali in the west and north, on Niger in the northeast, on Benin in the southeast, and on Togo, Ghana, and . -0-

        ABORE NORTH RC DRILLING PHASE THREE SUMMARY


  Hole     Section  From    To    Interval       Au Grade
  No.    (Northing)  (m)   (m)   (m)   (ft)   g/tonne  oz/ton
--------- --------  ----   ---    --   -----  -------  ------
OA-RC-192   11300    56     60     4    13.1    1.60   0.05
OA-RC-214   10400   108    132    24    78.7    1.87   0.05
OA-RC-220   10600     0     60    60   196.8    1.64   0.05
OA-RC-223   10875    16     38    22    72.2    0.96   0.03
OA-RC-224   10850    96    136    40   131.2    1.01   0.03
OA-RC-228   11050   106    150    44   144.4    1.02   0.03
OA-RC-229   11150     0     18    18    59.0    1.35   0.04
OA-RC-232   11225    46     86    40   131.2    1.97   0.06
OA-RC-241   10700   112    132    20    65.6    1.50   0.04
OA-RC-242   10680     0     22    22    72.2    2.86   0.08
OA-RC-44(x) 10625     0     30    30    98.4    4.26   0.12
OA-RC-245   10500     0     38    38   124.7    2.21   0.06
OA-RC-246   10275     0     18    18    59.0    1.20   0.03
OA-RC-248   10175     0      6     6    19.7    2.55   0.07
OA-RC-251   10050     2     20    18    59.0    4.24   0.12
OA-RC-252   10025     0     10    10    32.8    2.51   0.07
OA-RC-253    9985     0     10    10    32.8    1.71   0.05
OA-RC-256   10050    76     92    16    52.5    2.72   0.08
OA-RC-258    9850     0      6     6    19.7    2.25   0.06
OA-RC-260    9450    30     36     6    19.7    1.88   0.05
OA-RC-264    9250     6     14     8    26.2    5.27   0.15
                     22     24     2     6.6    5.00   0.15
OA-RC-266    9425     0      6     6    19.7    3.02   0.09
OA-RC-267    9375     6     20    14    45.9    2.15   0.06
OA-RC-268    9325    28     62    34   111.5    1.48   0.04
OA-RC-269    9325    10     16     6    19.7    1.96   0.06
                     22     26     4    13.1    7.93   0.23
OA-RC-279   10000     1     24    23    75.5    1.33   0.04
OA-RC-281   10300     0     10    10    32.8    1.10   0.03
-------------------------------------------------------------
(x) Cross-hole





CONTACT: Golden Knight Resources Inc.

R.A. Quartermain, 604/689-3846

or

Golden Knight Resources Inc.

P. LaFontaine, 604/689-3846
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Publication:Business Wire
Date:Apr 11, 1997
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