Knight Resources Reports Final Assay Results From West Raglan 2010 Program

Mr. Harvey Keats, Chief Executive Officer of Knight Resources Ltd. (TSX
VENTURE:KNP)(FRANKFURT:KRL), reports final assay results from all drilling
completed on the West Raglan Project in 2010 as previously described (see news
release dated October 5, 2010). This drilling was focused on investigating
nickel, copper and platinum group element (PGE) targets associated with
ultramafic rocks. Assay results for nickel, copper and PGEs were largely within
background levels for ultramafic rocks. 


A different style of mineralization was encountered in diamond drill hole
WR-10-189 which intersected 1.70% copper, 3.56% zinc and 0.36g/t gold over 3.2
metres in massive sulphides. This mineralization occurred in basalts
approximately 30 metres above the targeted ultramafic unit in the Green Zone
located immediately west of the Frontier area. This style of mineralization is
indicative of volcanogenic massive sulphides which are known to occur locally
within the Cape Smith Belt. This is the first occurrence of copper-zinc-gold
mineralization in drilling from the West Raglan property and its potential, if
any, is unknown. 


The attached Table 1 provides nickel, copper and PGE assay results and the
attached Table 2 provides copper, zinc, gold assay results for the 2010 drill
program on the West Raglan Project. Further technical data, including maps can
be found on the Company's web site at www.Knightresources.ca.


Project Overview

The West Raglan Project is a joint venture between Anglo American Exploration
(Canada) Ltd. ("AAEC") (51%) and Knight (49%). The West Raglan Project, Quebec
covers over 710 sq. km and includes approximately 65 kilometres of the Raglan
Horizon along which extensive ultramafic rocks typically occur. 


AAEC is the operator of the West Raglan Project and is responsible for the
sampling, submittal of samples for assay and QA/QC. Samples were cut on site and
standards and blanks were added to each sample batch under supervision of AAEC
staff. Robin Adair, VP of Exploration for Knight Resources Ltd., is the
Qualified Person responsible for the technical information in this news release.


ON BEHALF OF THE BOARD OF KNIGHT RESOURCES LTD.

Harvey Keats, CEO

To view the tables accompanying this release please click on the following link:
http://media3.marketwire.com/docs/1214kgt.pdf