Kent Exploration Inc.
TSX VENTURE : KEX

Kent Exploration Inc.

December 02, 2010 13:00 ET

Kent Exploration Inc.: 2nd Phase Gnaweeda Gold Project Diamond Drilling Program Commences

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 2, 2010) - Kent Exploration Inc. (the "Company" or "Kent") (TSX VENTURE:KEX) reports that its wholly owned subsidiary, Archean Star Resources Australia Pty Ltd ("Archean") has commenced a 2nd phase diamond drill program on the Bunarra Prospect at the Gnaweeda Gold Project, Meekatharra, Western Australia which it holds under option from Teck Australia Pty Ltd. ("Teck").

The first segment of the 2nd phase diamond drill program, under the direction of Dr. Clay Conway, P.Geol., is intended to follow up on the high grade gold intersection at the Bunarra Prospect, where mineralization remains open along strike and down dip. Archean has identified mineralization to depths of over 200 meters, (660 ft) with the most significant intersection being drill hole BN003, a 18 meter (59 ft) intersection averaging 11.71 g/t Au that includes 4 meters (13 ft) at 37.76 g/t Au, (inclusive of a 1 meter intersection (3.3 ft) averaging 110.1 g/t Au), 1 meter (3.3 ft) at 24.2 g/t Au and 3m (10 ft) at 7.09 g/t Au.

The 17,000 ha (42,000 acre) Gnaweeda Gold Project consists of several gold prospects, including Turnberry in the north, which has an identified gold-bearing zone approximately 2.5 km (1.65 miles) along strike and 750 meters (0.46 miles) in width, St. Anne's, and Bunarra in the south, as well as other known gold-bearing prospects. Eleven additional targets have been identified based upon geophysical data. The property lies approximately 640 km (400 miles) northeast of Perth and 35 km (22 miles) northeast of Meekatharra, and comprises a package of two exploration licenses over a strike length of 28 km (17.5 miles) of the Gnaweeda Greenstone Belt.

Kent Exploration Inc is a junior exploration company that has an Option Agreement to earn 100% of Teck Australia Pty Ltd.'s interest in Chalice Gold Mines Limited's Gnaweeda Gold Project in West Australia, subject to a 75% back-in right to Teck and has acquired the Alexander River, Paparoa and Lyell gold projects in the highly prolific Reefton gold field in New Zealand.

The Company has an option to earn a 100% interest in the Silver Hills property, a silver/lead/zinc prospect in south-eastern British Columbia, and has a 100% interest in the Courtney Lake property, a silver/lead/zinc prospect in north-east Saskatchewan. The Company has a 100% interest in Coal Prospecting Permits covering approximately 92,000 ha in east-central Saskatchewan, a 100% interest in a mining lease option on the Flagstaff Mountain property, a gold/silver/zinc/barite prospect in eastern Washington state, a 100% interest in the mining lease option on the Ivanhoe Creek property, a Midas-style gold/silver target in Nevada's Carlin Trend, and 50% of a 100% interest in the Ivanhoe Creek placer claims covering a bentonite deposit.

This News Release has been prepared on behalf of the Kent Exploration Inc. Board of Directors, which accepts full responsibility for its contents. The contents of this release have been reviewed and approved by Marvin A. Mitchell, a Qualified Person and defined by National Instrument NI-43-10.

ON BEHALF OF THE BOARD

Graeme O'Neill, President

Forward Looking Statements

Certain statements herein constitute forward-looking statements within the meaning of applicable securities legislation. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of Kent to be materially different from any future results, performance or achievements expressed or implied by such forward- looking statements or information.

Although management believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that a forward-looking statement will prove to be accurate. Forward-looking statements by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements or information. All forward-looking statements made herein are qualified by this cautionary statement.

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