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Cours Or & Argent

Nanika Resources Incorporation

Publié le 25 mars 2010

Acquires Additional Ground at Stewart British Columbia

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Mots clés associés :   Canada | Zinc |
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Re:   News Release - Thursday, March 25, 2010
      Nanika Acquires Additional Ground at Stewart British Columbia
=======================================================================

March 25, 2010 - Vancouver, British Columbia: Nanika Resources Inc.
(TSX-V: NKA and FSE: C7X) today announces that it has acquired a 100%
interest in 1,614 additional acres (654 hectares) comprised of four
mineral tenures that are in the area of Nanika's existing Indi and
other Stewart, British Columbia area claims. The claims are known as
Big Gold, Silver Bank, Silver Bank South, and a claim adjacent to
Nanika's Indi South claim that is as yet unnamed. Please see the Nanika
website for a map of the claims at www.nanikaresources.com .

Nanika's President and CEO, James Jacuta, stated that, "Nanika is not
alone in our enthusiasm for the potential of gold and silver resources
around Stewart BC. Adding to Nanika's quality properties in the Stewart
area increases our potential value as the company believes this area
will gain prominence in the future".

Nanika's existing Indi 9 to 12 claims in the Stewart area are part of a
recently amended Silver Coin Preliminary Economic Assessment Report
that was filed by Pinnacle Mines Ltd. on www.sedar.com on March 16,
2010. The report includes a NI 43-101 compliant Mineral Resource
Calculation.

The report states that the Silver Coin project has a Measured and
Indicated Resource of 944,000 ounces of gold, and 5,217,000 ounces of
silver, and 132,420 pounds zinc using a cutoff grade of 0.30 grams per
tonne and 24,708,000 tonnes. Nanika's Indi 9 to 12 claims are part of
the eastern edge of Silver Coin. These four Indi claims are part of a
joint venture agreement between Nanika, Pinnacle Mines Ltd. (TSX-V:
PNL) and Mountain Boy Minerals Ltd. (TSX-V: MTB). The Silver Coin
project comprises 26 claims in total, the remaining 22 of which are
part of a joint venture between Pinnacle and Mountain Boy themselves.
The report states that the Indi 9 claim has a Measured and Indicated
Resource of 20,000 ounces of gold, and 134,000 ounces of silver, and
3,015 pounds of zinc using a cutoff of 0.30 grams per tonne and 692,000
tonnes. Inferred Resources on the Indi 9 claim are reported as 130,000
ounces of gold, and 1,274,000 ounces of silver, and 34,497 pounds of
zinc using a cutoff of 0.30 grams per tonne and 5,260,000 tonnes. The
Preliminary Economic Assessment study notes that it is preliminary in
nature and there is no certainty that economic results can be achieved.

Nanika has reported by news release its 2009 drill results on Indi 9
that have not been utilized in the amended Preliminary Economic
assessment filed by Pinnacle on March 16, 2010 that was originally
published on December 30, 2009. Nanika's 2009 program on Indi 9
consisted of seven diamond drill holes totalling 1,038 metres of
drilling. Significant results were reported that included a 3.05 metre
interval of 14.30 grams per tonne of gold in hole 09-311, and a 3.05
meter interval of 226.2 grams per tonne of silver in hole 09-315.
Please see Nanika's news release dated November 30, 2009.

Nanika's President and CEO, James Jacuta, added that "I am looking
forward to the coming discussions that Nanika will be having with
Pinnacle on plans for Indi 9."

Alex Walus, P. Geo., a qualified person under National Instrument
43-101, has reviewed and approved the technical disclosure in this news
release.

About Nanika Resources Inc.

Nanika Resources Inc. is a TSX Venture listed mineral exploration and
development company focusing on the advancement of its mineral
properties, all of which are located within Canada.

On Behalf of the Board,

James D. Jacuta, Chairman, President and CEO

To receive Company news via email please contact chelsea@chfir.com and
mention "Nanika Resources News" in the subject line.

For further information contact: 

CHF Investor Relations at 416-868-1079
Christopher Haldane, Account Manager, at ext. 237, chris@chfir.com  
Jeanny So, Director of Operations, at ext. 225, jeanny@chfir.com

Or Nanika Resources Inc. at 604-638-0699 or Toll Free at 1-866-580-0699
  
http://www.nanikaresources.com

Neither the TSX Venture Exchange nor the Investment Industry Regulatory
Organization of Canada (IIROC) accepts responsibility for the adequacy
or accuracy of this release.

=======================================================================
Copyright (c) 2010 NANIKA RESOURCES INC. (NKA)  All rights reserved.
For more information visit our website at
http://www.nanikaresources.com/ or send mailto:info@nanikaresources.com
=======================================================================
.
Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Nanika Resources Incorporation

EXPLORATEUR
CODE : NKA.V
CUSIP : 630018109
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Nanika resources Inc est une société d’exploration minière d'argent et d'or basée au Canada.

Nanika resources Inc détient divers projets d'exploration au Canada.

Ses principaux projets en exploration sont TED, MOLY KING PROPERTY, SCEPTRE AND TIARA, INDI, MUNN LAKE, SWEENEY LAKE, CAMSELL LAKE, LAC DE GRAS, LUCKY SHIP, MAC CLAIMS, VERNON et NWT CLAIMS au Canada.

Nanika resources Inc est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 945 530 CA$ (931 725 US$, 752 554 €).

La valeur de son action a atteint son plus haut niveau récent le 31 décembre 2007 à 1,23 CA$, et son plus bas niveau récent le 05 juillet 2012 à 0,01 CA$.

Nanika resources Inc possède 94 553 000 actions en circulation.

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Financements de Nanika Resources Incorporation
23/12/2008Announces Flow-Through Private Placement with MineralFields
Nominations de Nanika Resources Incorporation
02/11/2009Appoints Advisors on Stewart Mining Camp Properties
12/03/2008 Appoints Kerr to Support Investor Relations
Projets de Nanika Resources Incorporation
17/05/2010(Herb Lake)Herb Lake Manitoba Work Program
28/01/2010(Sweeney Lake)Additional Ground Acquisition West of Sweeney Lake British C...
08/10/2009(Indi)Commences Drilling on Indi Property North of Stewart, Britis...
25/09/2009(Red Cliff)Adds More Property at Red Cliff
18/09/2009(Indi)Announces Additional Ground Acquisition East of Indi and Nea...
09/07/2009(Indi)Commences Work Program on the Indi Gold - Silver Property
17/06/2009(Indi)Purchase of South Indi Mineral Claim
01/10/2007files Indi Project NI 43-101 report
20/09/2007(Lucky Ship)LUCKY SHIP MOLYBDENUM PROJECT MOVING FORWARD THROUGH PHASE 5...
09/09/2007Results of Sampling, Including High-Grade Assays on Properti...
20/08/2007(Lucky Ship)Announces Completion of the Phase 4 Infill Drilling Program
14/08/2007(Ixl (grand Forks))Cougar complete drilling at IXL
30/07/2007(Sweeney Lake)Announces Start of Drilling on the Sweeney Lake Property
26/06/2007(Lucky Ship)Announces Assay Results for Drill Hole on its Lucky Ship Mol...
20/06/2007files NI 43-101 report on Lucky Ship
16/06/2007(Lucky Ship)Announces Assays Results from the phase 4 Infill Drilling Pr...
02/05/2007(Lucky Ship)Announces Results for the First 8 holes of the 2007 Phase 4 ...
Communiqués de Presse de Nanika Resources Incorporation
28/06/2011Provides Rivett Lake Update
02/06/2011Announces Rivett Lake Program
13/04/2011. - Canada Molybdenum Corp. Joint Venture Update
25/03/2010Acquires Additional Ground at Stewart British Columbia
01/09/2009Announces Investor Relations Agreement
13/07/2009Shareholders Annual Meeting Approves Management Business
27/11/2008Announces Memorandum of Understanding
19/09/2008Updates on Korean Joint Venture Negotiations
22/07/2008Molybdenum Project Update
21/05/2008Shareholders Meeting Strengthens Board of Directors and Appr...
18/04/2008Management Proposes Name Change
10/04/2008Provides Update on Joint Venutre Agreement and Resource Esti...
25/02/2008Joint Venture Agreement Discussions
15/01/2008receives $2-million option payment
05/12/2007Receives Payment on Manitoba Properties
12/10/2007FURTHER ANNOUNCEMENT REGARDING REED LAKE MINERAL PROPERTY IN...
11/10/2007SETTLEMENT OF LEGAL PROCEEDINGS REGARDING REED LAKE MINERAL ...
17/09/2007Newsrelease
29/08/2007Announces Management Enhancement
23/07/2007acquiring two nickel properties
10/07/2007announces resumption of drilling
06/07/2007amends deal with Global Capital
25/06/2007receives $1.3 million from option agreement
11/06/2007Palm Clean assigns part of option to Daewon Chemical, confir...
31/05/2007receives Indi claims resource estimate
31/05/2007ANNOUNCES ADDITIONAL GROUND ACQUISITION
28/05/2007optioning two nickel properties in NWT
24/05/2007options Moly King Property
01/05/2007s on IXL Property
20/02/2007Completion of the "deep holeà
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