Khalkos Exploration Inc.

Khalkos Exploration Inc.

July 09, 2014 08:00 ET

Khalkos Exploration Inc.: 17.1 g/t Au Over 7.8 Metres Intersected by Diamond Drilling on Villebon

MONTREAL, QUEBEC--(Marketwired - July 9, 2014) - EXPLORATION KHALKOS. ("Khalkos") (TSX VENTURE:KAS) is pleased to announce that the diamond drill hole VB-14-07 has intersected a section of 7.8 metres with a gold grade of 17.1 g/t, including 153 g/t Au over 0.8 m. The intersection was obtained at a vertical depth of 20 metres under Céré's showing that had never been drilled previously. A second drill hole, the VB-14-08 located behind the VB-14-07, has also intersected the new zone at vertical depth of 30 metres with two sections of 17.5 g/t Au over 0.5 m and 1.02 g/t Au over 6.1 m. The shear's true width is estimated at 75-80%.

Numerous gold specks were observed in the drill holes that also demonstrate an expansion in depth of the Céré shear zone. Grab samples collected from this showing on surface graded up to 72 g/t Au (see press release November 19 2013). The process of the 15-ton bulk sample collected by Khalkos on the Céré's zone is still ongoing (see press release February 3 2014).

Note that only two holes have been drilled to date on Céré's showing. The only work done prior to those of Khalkos is the digging, in the 1940-1950's, of an exploration well of about 6 metres deep.

Until now, Khalkos has drilled a total of 569 m on its Villebon property, all the drill holes (VB-13-01 to VB-14-08) have intersected gold. The Villebon project is situated at less than 75 km south-east of the city Val-d'Or and is served by an excellent road network.

Under an assurance and analytical control of quality programme, blank and certified reference materials were added to the drill core samples taken from the Villebon property. Core samples were processed by the ALS Chemex laboratory in Val-d'Or, Quebec by fire assay and metallic sieve.

This press release was prepared by Robert Gagnon, President of Khalkos, Qualified Person pursuant to National Instrument 43-101.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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