Knight Resources Ltd.: $8 Million 2008 Program Planned at West Raglan

VANCOUVER, BRITISH COLUMBIA, May 20 (MARKET WIRE) --
Harvey Keats, Chief Executive Officer of Knight Resources Ltd. (TSX
VENTURE: KNP)(FRANKFURT: KRL), reports that the Company will be
undertaking an $8 million 2008 exploration program on its West Raglan
Project, located in northern Quebec. The 2008 budget has been increased
from $4.5 million in 2007 and the program is expected to include
approximately 12,000 metres of drilling. The exploration program is being
funded by Knight (49%) and its joint venture partner and project
operator, Anglo American Exploration (Canada) Ltd. ("AAEC") (51%).
Drilling, which will be carried out with three rigs, is expected to begin
mid-June and run until the end of September.

The program will focus on the Greater Frontier Area that is defined by
4.5 kilometres of mineralized ultramafic rocks occurring along the Raglan
Horizon. Drilling is designed to follow up several known mineralized
zones as well as to discover new mineralized zones. Mineralization
discovered to date and the geological setting are both similar to Xstrata
Nickel's Raglan Mine, located approximately 100 km to the east.
Additional exploration work will focus on the Beverley and CDC areas.
Beverley is a 15 kilometre trend of ultramafic rocks that occur on the
Raglan Horizon and CDC is an 8 kilometre cluster of ultramafic rocks,
also on the Raglan Horizon. Both areas are located east of the Greater
Frontier Area.

The West Raglan Project has been explored by Knight and AAEC since 2003
and to date 24,548 metres in 147 holes have been drilled. The West Raglan
Project covers over 710 sq. km and includes approximately 65 kilometres
of the Raglan Horizon along which extensive ultramafic rocks typically
occur. The best results to date have been encountered in the Greater
Frontier Area, however there has only been limited drilling on the
remainder of the strike length of the Raglan Horizon.

ON BEHALF OF THE BOARD OF KNIGHT RESOURCES LTD.

Harvey Keats, Chief Executive Officer

TSX Venture Exchange has not reviewed and
does not accept responsibility for the adequacy or accuracy of this
release.

Contacts:
Knight Resources Ltd.
Harvey Keats
Chief Executive Officer
(604) 684-6535 or Toll Free: 1-877-KNIGHT5
(604) 602-9311 (FAX)
Email: knight@bed-rock.com
Website: www.knightresources.ca

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