Khalkos Exploration Inc.
TSX VENTURE : KAS

Khalkos Exploration Inc.

May 22, 2012 11:44 ET

Khalkos Exploration Inc.: Significant Expansion of Nanuq, New Copper-Silver-Gold Property

MONTREAL, QUEBEC--(Marketwire - May 22, 2012) - KHALKOS EXPLORATION INC. ("Khalkos")(TSX VENTURE:KAS) has expanded Nanuq, its new copper-silver-gold property, by acquiring an additional 126 claims (pending) for a total of 276 claims (112 km2). Khalkos acquired the property directly following the public release in March of the results of a major lake sediment sampling survey completed by the Ministry of Natural Resources and Fauna of Quebec (MRNFQ). Nearly 3,000 lakes spread out over most of the Ungava, covering a 39,000 km2 area, were sampled in 2011 by the MRNFQ (see April 24, 2012 press release).

The enlarged Nanuq property will now encompass the entire 95 km2 anomaly consisting of several very high copper grades ranging within the 99th* percentile of the MRNFQ's survey.

A prospecting campaign is planned for this summer on the property, located in Nunavik, around 40 km south of Salluit, Quebec. Visit khalkos.com/projets/nanuq/ for maps of the property.

* 99th percentile: grades greater or equal to 99% of the grades from the entire 3,000 samples

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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