OK2 Minerals: Kinskuch and Pyramid Projects Both Return High-Grade Gold and Copper Grab Samples

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 30, 2017) - OK2 Minerals Ltd. (TSX VENTURE:OK) (the "Company") is pleased to announce the results from 16 rock samples collected during this season's exploration work at the newly acquired Kinskuch Copper-Gold Property located at the southern end of the Golden Triangle in Northern BC and 3 remaining grab samples from the East Zone at the Pyramid project in the northern end of the Golden Triangle.

Selected Highlights

  • Kinskuch grab sample D00014409 assays, 1.57 g/t Au, 35.9 g/t Ag, 0.91% Cu and 4.64% Zn

  • Kinskuch grab sample D00014410 assays 0.11 g/t Au, 14.5 g/t Ag, and 6.17% Cu

  • Pyramid East Zone grab samples up to 3.52 g/t Au, 7.87 g/t Ag, and 1.73% Cu

Due to the fact that the property was not acquired until late in the field season, 2016 exploration on the Kinskuch Property consisted of a three-day reconnaissance program designed to familiarize geologists with the property, prospect areas of recent exposure due to glacial retreat, and determine the best course of action for future field work.

Sampling within the Bonnie, Bonnie East, and Nickie Zones returned values as high as 4.7 g/t Au and 6.17% Cu. Grab rock samples were selected from both massive sulphide veins and disseminated mineralization. Sampling focused on recently-exposed outcrops at the toes of glaciers.

Grab sample D00014409 was taken at the eastern limit of the Bonnie East Zone and within meters of the toe of the glacier. The sample was taken within a sheeted quartz stockwork zone hosted by a texturally destroyed diorite and returned 1.57 g/t Au, 35.9 g/t Ag, 0.91% Cu, 4.64% Zn, 5.17% Pb, and 44.8 g/t Sb.

Sample D0001410 sampled a narrow quartz carbonate vein that cuts a medium grained diorite. Within the vein were clasts of a likely syn-mineral intrusion. The vein contained 0.11 g/t Au, 14.5 g/t Ag, and 6.17% Cu.

Sample D0014412 was taken approximately 50m in the direction of glacial retreat from the nearest historic sample in the Bonnie East Zone. It returned 0.06 g/t Au, 3.81 g/t Ag and 0.48% Cu from a strongly altered diorite intrusion with pervasive and texturally destructive silica and sericite development.

Sample D00014417 from the Nickie Zone, located over 250m from the nearest historic sample returned 0.59 g/t Au and 0.24 % Cu and represents the exciting exploration potential given the retreating glacial ice on the property.

KINSKUCH GRAB SAMPLES

Grab Sample

Au

Au

Ag_

Ag

Cu

Cu

Pb

Pb

Zn

Zn

Number

ppb

g/t

ppm

g/t

ppm

%

ppm

%

ppm

%

D00014401

32

0.39

425

10.3

126

D00014402

44

0.19

453

1.6

43

D00014403

334

0.92

115

61.3

53

D00014404

29

0.57

285

35.4

448

D00014405

78

0.45

121

3.9

27

D00014407

156

1.57

27

49.8

140

D00014408

27

0.53

289

10.2

477

D00014409

1570

1.57

35.9

35.9

9110

0.91

51700

5.17

46400

4.64

D00014410

113

14.5

14.5

61700

6.17

127

93

D00014411

4730

4.73

11.5

11.5

616

61.5

8

D00014412

59

3.81

3.81

4820

0.48

30.1

28

D00014413

1890

1.89

12.3

12.3

13500

1.35

133

113

D00014414

160

8.41

8.41

24300

2.43

17.3

275

D00014415

815

0.82

12.8

12.8

4550

4.55

13000

1.3

16900

1.69

D00014416

322

2.85

2.85

11400

1.14

33.8

97

D00014417

588

2.76

2.76

2420

0.24

54.5

55

The Company also wishes to announce assays from a further three grab rock samples which were collected from the Pyramid Property East Zone target, near previous sampling within a steep cirque. Sample EZ-001 returned the highest copper value on the Pyramid Property to-date with 3.52 g/t Au, 7.87 g/t Ag, and 1.73% Cu from quartz carbonate veining.