=======================================================================
Re: News Release - Friday, September 18, 2009
Nanika Announces Additional Ground Acquisition East of Indi and
Near Red Cliff
=======================================================================
September 18, 2009 Nanika Resources Inc. (TSXV-NKA and FSE-C7X) is
pleased to announce it has acquired additional property near its Indi
property in the prolific Stewart Mining Camp including property, some
of which is within one kilometer to the northwest of the Red Cliff
Project currently being worked by Decade Resources Ltd. (TSXV -- DEC).
On September 14, 2009 Decade Resources Inc. announced by news release
drilling results of 28.4 meters of 7.3 grams per tonne of gold,
including 3.66 meters of 24.05 grams per tonne of gold, and that "the
recent work by Decade, north of Lydden Creek, previously undrilled,
indicates the structure is striking further northwest than first
thought". Nanika has acquired eight mineral claims in the general area
with total ground of 727 acres, of which 222 acres are in close
proximity to the Red Cliff Project. The Red Cliff Project is
approximately 8 kilometers to the east of Nanika's existing Indi
property.
Derrick Strickland, P. Geo., MBA, a qualified person under National
Instrument 43-101 has been reviewed and approved the technical
disclosure in this news release. Mr. Strickland has over 20 years
experience working in Canada, USA, Europe, Mexico, Mongolia, and Japan,
among other countries.
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
For further information contact:
Doug Kerr or Matt Emery:
Telephone: 604-638-0699 Toll Free: 1-866-580-0699
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) 2009 NANIKA RESOURCES INC. (NKA) All rights reserved.
For more information visit our website at
http://www.nanikaresources.com/ or send mailto:info@nanikaresources.com
=======================================================================
.
<
|
Nanika Resources Incorporation
|
|
EXPLORATEUR |
CODE : NKA.V |
|
CUSIP : 630018109 |
| |
ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
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, MUNN LAKE, MOLY KING PROPERTY, SCEPTRE AND TIARA, INDI, SWEENEY LAKE, CAMSELL LAKE, LAC DE GRAS, LUCKY SHIP, MAC CLAIMS, VERNON et RORKE LAKE PERMITS 219 AND 220 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. |