Kent Exploration Inc.
TSX VENTURE : KEX

Kent Exploration Inc.

August 20, 2009 12:06 ET

Kent Acquires Lyell Gold Property

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 20, 2009) - Kent Exploration Inc. (the "Company") (TSX VENTURE:KEX) reports that, through its wholly-owned New Zealand subsidiary, Kent Exploration NZ Ltd (Kent NZ), it has received from Crown Minerals New Zealand, a Prospecting Permit, 51590, (the Permit) in close proximity to the Company's Reefton Gold Project, west coast, South Island, New Zealand.

The 472.2 sq/km Lyell Gold Prospect, located approximately 40 km northwest of Reefton, is considered to be the northern extension of the prolific Reefton Gold Field, where historic production is reported to be in excess of 10 million ounces of placer gold and two million ounces of lode gold. Lyell also has potential for intrusion-related gold mineralisation.

The Lyell area contains a number of historic mines including the Lyell and the Alpine gold mines, that had a reported historic production of 96,500 ounces of lode gold at a historic grade of 16 g/t. These two mines are within ground permitted to Auzex Gold, which is surrounded by Kent's Lyell permit.

Other historic mines in the Lyell area include the Strathconor in the Rough and Tumble Creek gold zone, in the northern area of the property, which reportedly contained a 1 meter-wide quartz vein with historic reported assays up to 12 g/t gold and 342 g/t silver (10 oz/t), and the Red Queen, which reportedly produced approximately 3,100 ounces at an average grade of 44 g/t. Other historic mines which were established on other gold bearing occurrences in the area were the South Pacific, Mokinui, Southern Light, Lady Agnes and Guiding star. The Bald Hill molybdenum prospect and the Ngakawau scheelite prospect were discovered in the Lyell area in the 1970s.

Kent plans to conduct a geological mapping and sampling program on the Lyell Gold Prospect during late 2009.

Ms. Nancy Reardon, M.Sc. P.Geol., a Qualified Person as defined by National Instrument NI-43-101, is the Company's Senior Geological Consultant for the Company's New Zealand and Australian exploration activities.

Kent Exploration Inc is a junior exploration company that has a 100% interest in a mining lease option on the Flagstaff Mountain property, a gold/silver/zinc/barite prospect in eastern Washington state, 50% of a 100% interest in the mining lease option on the Ivanhoe Creek property, a Midas-style gold/silver target in Nevada's Carlin Trend, 50% of a 100% interest in the Ivanhoe Creek placer claims covering a bentonite deposit, 100% interest in the Courtney Lake property, a silver/lead/zinc prospect in north-east Saskatchewan, an option to earn a 100% interest in the Silver Hills property, a silver/lead/zinc prospect in south-eastern British Columbia, 100% interest in Coal Prospecting Permits covering approximately 92,000 ha in east-central Saskatchewan, has a 100% interest in the Alexander River gold project and an option to acquire a 70% interest in the Reefton gold project in New Zealand. The Company has executed a proposal with Teck Australia Pty, Ltd, to enter into an Option Agreement to earn 100% of Teck's interest in Chalice Gold's Gnaweeda Gold Project in West Australia.

This News Release has been prepared on behalf of the Kent Exploration Inc Board of Directors, which accepts full responsibility for its contents.

ON BEHALF OF THE BOARD

Graeme O'Neill, President

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

Contact Information

  • Kent Exploration Inc.
    Graeme O'Neill
    President
    604-684-3394 or Toll free: 1-866-399-6539
    1-888-282-7763 (FAX)
    www.kent-exploration.com