KAS Khalkos Exploration

Management of KHALKOS EXPLORATION INC. ("Khalkos") (TSX VENTURE:KAS) announces
that positive metallurgical tests were obtained from representative samples of
the McNickel nickel-copper-cobalt deposit in Lac St-Jean, Quebec. Metallurgical
bio-leaching processing tests, undertaken by RPC Science & Engineering from
Fredericton in New Brunswick, yielded recovery rates reaching 89.6% for nickel,
62.8% for copper, and 77.5% for cobalt. Current metallurgical tests are now
testing the technology on a larger scale. 


In parallel to Khalkos' recently announced new business plan, consisting of the
development of more advanced gold projects, management of Khalkos agreed to
exceptionally continue its work on the Poissons Blancs property. The positive
results suggest the possibility of developing the McNickel deposit in the short
to medium term.


The McNickel deposit is deemed to contain historical resources of 5.9 million
tonnes with grades of 0.21% Ni, 0.11% Cu and 0.03% Co. A qualified person has
not done sufficient work to classify the historical estimate as current mineral
resources and Khalkos is not treating the historical estimate as current mineral
resources. Although it is a low grade deposit, Khalkos is testing the viability
of open pit mining using new metallurgical processing techniques. Moreover, the
current data demonstrate an excellent potential to increase the known deposit
size by continuing the drilling on another zone that's already known, at the
north of the main zone.


Khalkos can acquire 100% of the Poissons Blancs property, host to the McNickel
deposit by issuing 2,600,000 shares to the seller over a period of six years
(see November 20, 2012 press release). In December 2012, Khalkos completed a
seven twin-hole drilling program of HQ caliber, totaling 468 metres. The purpose
of the program was to compare with certain previous drill holes and also to get
samples for additional metallurgical testing.


The Poissons Blancs property is located 45 km north of the Dolbeau municipality
in Lac St-Jean, and is easily accessible with forest roads. Khalkos added an
additional 47 claims to the original property for a total of 93 claims, covering
52 km2.


This press release was prepared by Dominique Doucet, P. Eng., Chairman of the
Board 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
Chairman of the Board
(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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