Khalkos Exploration Inc.

Khalkos Exploration Inc.

November 19, 2013 15:45 ET

Khalkos Exploration Inc.: Stripping results of the V Property

MONTREAL, QUEBEC--(Marketwired - Nov. 19, 2013) - Management of KHALKOS EXPLORATION INC. ("Khalkos" or the "Corporation") (TSX VENTURE:KAS) is pleased to announce the results of its strategic stripping campaign on the gold property of Villebon (V property). A total of ten chosen samples of rock were selected for assaying, including five from a mineralized quartz vein in pyrite, pyrrhotite, chalcopyrite, galena and native gold (sample # J143414) which yield a gold grade up to 2.10 ounces per ton (72,03 g/t).

Significant results from the assay

Sample # Au (ppm) or g/t
J143408 1.05
J143409 1.97
J143414 26.37
J143416 23.63
J143417 72.03

Fieldworks were done in the southern part of the property where the Céré's old headframe is located. The zone of stripping is situated at more than 1 km from the vein #4 which is currently undergoing diamond drilling. The results confirm the strong potential of high grade veins in the sector of the Céré's old headfram. Khalkos intends to sample 5 tons of selected materials that will be sent to the small scale facility of ExploLab in Val d'Or for metallurgic assay. This will allow Khalkos Exploration to pour its first ounces of gold and to measure more precisely the gold grade of the vein.

Following an insurance program and an analytical control of quality, the ten selected samples of the V Property were assayed at the laboratories of Bourlamaque Ltd in Val-d'Or, Quebec. Using the fire assay, samples with a gold grade higher than 10g/t were re-assayed by the gravimetric method. The samples were prepared following the standard procedures of Bourlamaque.

The V Property in the Villebon Township is located 47 km south of the city of Val d'Or in Abitibi, Quebec and 12 km south of the former Chimo mine which produced 363 000 oz of gold between 1966 and 1996. The first mineralized showings were discovered in the 1930s, and underwent stripping, rock sampling, and drilling in the 1940s and 1980s, with no additional drilling since then. During the 1940s, the V Property underwent a small-scale artisanal mining operation, producing around 160 oz of gold, which was then sent to the Royal Canadian Mint. (Licence no. 112, file 101.39, Service des Mines, Province of Quebec, Gustave Céré).

Robert Gagnon, President and CEO, declares: "We are very encouraged by these results that confirm the economical potential of these high grade veins in the V property. The exploration fieldwork will continue until the end of the year."
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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