KAS Khalkos Exploration

Management of KHALKOS EXPLORATION INC. ("Khalkos") (TSX VENTURE:KAS) announces
the signing of an agreement letter giving Khalkos the option to fully acquire
the Poissons Blancs property, host of the nickel-copper-cobalt McNickel deposit.
This deposit, discovered in 1977 with more fieldwork undertaken in the 80s, is
deemed to contain historical resources of 5.9 million tonnes with grades of
0.21% Ni, 0.11% Cu and 0.03% Co (NI 43-101 non-compliant resource). Although the
deposit has low grades, its acquisition is justified by the hypothesis that open
pit mining would be viable through new metallurgical processing techniques.
Moreover, the current data demonstrate an excellent potential to significantly
increase the resources by continuing the drilling on another zone that's already
known, at the north of the main zone. 


In order to acquire 100% of the property, Khalkos must issue 2,600,000 shares to
the seller over a period of six years, with 100,000 shares at the signing of the
agreement. Furthermore, metallurgical processing tests on a sample taken from
the deposit in 2011 should be carried out shortly. The seller will keep a Net
Smelter Return of 2%, half of which can be repurchased for $1,000,000. The
agreement is subject to the approval of the competent authorities. 


Khalkos will shortly begin a twin-hole drilling program in order to compare with
certain previous drill holes and also to get samples for additional
metallurgical testing. The Poissons Blans property covers 24 km2, it is located
45 km north of the Dolbeau municipality in Lac St-Jean, and is easily accessible
with forest roads. 


This press release was prepared by Dominique Doucet, P. Eng., President of
Khalkos, Qualified Person pursuant to National Instrument 43-101. 


Statements in the release that are "forward-looking statements" are based on
current expectations and assumptions that are subject to risks and
uncertainties. Actual results could differ materially. We undertake no duty to
update any forward-looking statement to conform the statements to actual results
or changes in our expectations.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Dominique Doucet
President
(514) 750-9026
(514) 510-7964 (FAX)
ddoucet@khalkos.com


Frederic Sahyouni
CFO
(514) 750-9026
(514) 510-7964 (FAX)
fsahyouni@khalkos.com
www.khalkos.com

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