Knight Resources Corp.

March 01, 2005 13:24 ET

Knight Resources Ltd.: Field Work to Commence at West Raglan


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: KNIGHT RESOURCES CORP.

TSX VENTURE SYMBOL: KNP
FRANKFURT SYMBOL: KRL

MARCH 1, 2005 - 13:24 ET

Knight Resources Ltd.: Field Work to Commence at West
Raglan

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 1, 2005) - Knight
Resources Ltd. (TSX VENTURE:KNP)(FWB:KRL)

Mr. Harvey Keats, President of Knight Resources Ltd., announces that the
Company and Anglo American Exploration (Canada) Ltd. have finalized a $5
million budget for the 2005 exploration program on the 720 sq. km West
Raglan Project, located in northern Quebec.

Mobilization of fuel and field supplies from Salluit, Quebec to the West
Raglan Project camp is underway. Field work will begin in early March
with a snowmobile based cesium vapour magnetometer geophysical survey.
This high resolution magnetic survey has been selected to identify the
subtle features of the type of sulphide lenses known to exist in the
Raglan Formation. A detailed moving loop TEM geophysical survey will
also be carried out. These surveys will focus on 10 to 12 target areas,
along the 65 kilometre strike length of the Raglan Formation and the 65
kilometre strike length of the Povungnituk Group identified on the West
Raglan Project.

Included in the target areas are the Greater Frontier Area, the focus of
drilling in 2003 and 2004, and the Nanuk, Terrace and Boomerang areas
where regional prospecting during 2004 resulted in the discovery of
sulphide mineralization in ultramafic rocks on surface and in locally
derived boulders.

The majority of the 2005 program will consist of diamond drilling. The
diamond drill program, which is scheduled to begin in the first week of
July, will have two primary components:

1) to follow up on high grade drill intercepts from the 2003 and 2004
programs and un-sourced boulder trains in the Greater Frontier Area; and

2) to follow up on new targets generated by the winter ground geophysics
program in the Raglan Formation and the Povungnituk Group.

The 2005 program is being carried out by West Raglan Project operator
Anglo American Exploration (Canada) Limited.

ON BEHALF OF THE BOARD OF

KNIGHT RESOURCES LTD.

Harvey Keats, President


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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Knight Resources Ltd.
    Harvey Keats
    President
    (604) 684-6535 or Toll Free: 1-877-KNIGHT5
    (604) 602-9311 (FAX)
    knight@bed-rock.com
    www.knightresources.ca
    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release.