Knight Resources Ltd.

Knight Resources Ltd.

June 14, 2007 17:54 ET

Knight Resources Ltd.: Exploration Program Underway at West Raglan

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 14, 2007) - Mr. Harvey Keats, President of Knight Resources Ltd. (TSX VENTURE:KNP)(FRANKFURT:KRL), reports that the company has been informed by its joint venture partner, Anglo American Exploration (Canada) Ltd. ("AAEC"), that the 2007 drill program has commenced on the West Raglan Project.

A minimum of 8,000 metres of diamond drilling is planned for the 2007 exploration program.

The drill program is focused on the Greater Frontier Area where the mineralization discovered to date and the geological setting are similar to Xstrata Nickel's Raglan Mine, located approximately 100 km to the east. The program is designed to investigate the continuation of previously encountered nickel mineralization that occurs in 6 zones over a 4.5 kilometre strike length. The total cost of the program is expected to be approximately $4,500,000.

The 2006 Program resulted in a breakthrough in the understanding of the complex geological picture in the Greater Frontier Area. The Greater Frontier Area is vertically dipping and is characterized by a swarming of ultramafic intrusions along the Raglan Horizon. Three Dimensional Magnetic inversion analyses combined with geology suggest a much greater volume of ultramafic rocks in the Greater Frontier Area than was previously interpreted.

Discrete sulphide lenses carrying Raglan-type nickel, copper and PGE mineralization occur in restricted troughs at the base of ultramafic units in a geological setting similar to Raglan. Mineralized lenses have been outlined near surface in the Greater Frontier Area (Century, Frontier South and Frontier Central zones). Limited drilling suggests that mineralization extends down-dip and down-plunge from known zones. Results to date have also identified additional ultramafic intrusions that have yet to be evaluated for nickel mineralization. In both cases, potential for the alignment of multiple sulphide lenses along discrete corridors of mineralization, characteristic of Raglan, will be investigated.

A table of West Raglan Project drilling highlights from 2003 to 2006, including the Company's discovery hole WR-03-08 which intersected 14.75 metres of 3.04% nickel and 1.13% copper and the best hole WR-03-16 which intersected 5.12 metres of 4.16% nickel and 1.64% copper, including a 0.67 metre intersection of 11.83% nickel and 2.03% copper, can be viewed on the Company's web site at:

The objective of the 2007 Program will be to discover new lenses down-dip and along strike at the base of numerous mapped and interpreted ultramafic units throughout the Greater Frontier Area.

The 2007 field program will be carried out by Anglo American Exploration (Canada) Ltd. (AAEC), the operator of the West Raglan Project. The West Raglan Project is funded 51% by AAEC and 49% by Knight. The West Raglan project covers over 720 sq. km and includes approximately 65 kilometres of the Raglan Horizon along which extensive ultramafic rocks typically occur. Numerous early stage nickel targets occur along this horizon over the West Raglan Project with the best results to date encountered in the Greater Frontier Area.


Harvey Keats, President

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

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