Nanika Announces Additional Acquisition at Indi Property
VANCOUVER, BRITISH COLUMBIA, Sep 24, 2009 (MARKETWIRE via COMTEX) --
Companies: Nanika Resources Inc (NKA), Nanika Resources Inc (NKAFF)
Nanika Resources Inc. (TSX VENTURE: NKA)(FRANKFURT: C7X) is pleased to announce it has acquired additional property adjacent to its Indi property in the Stewart Mining Camp.
These claims are in addition to the acquisition of claims that were announced by Nanika by news release on September 18, 2009 (available at http://www.nanikaresources.com).
The three claims are owned 100% by Nanika and consist of 178 acres. Two of the claims are contiguous to Nanika's current Indi property and the third property is within approximately 500 meters.
These properties are adjacent to the property that Ascot Resources Ltd. is currently working. By news release on September 22, 2009 Ascot announced drilling results of 11 meters of 50 grams per tonne gold.
Derrick Strickland, P. Geo., a qualified person under National Instrument 43-101 has reviewed the technical content of this 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
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada (IIROC) accepts responsibility for the adequacy or accuracy of this release.
Contacts: Nanika Resources Inc. Douglas Kerr 604-638-0699 or Toll Free: 1-866-580-0699 Nanika Resources Inc. Matthew Emery 604-638-0699 or Toll Free: 1-866-580-0699 www.nanikaresources.com
SOURCE: Nanika Resources Inc.
http://www.nanikaresources.com
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Companies: Nanika Resources Inc (NKA), Nanika Resources Inc (NKAFF)
Related terms: acquisition, canada, ceo, exploration, frankfurt, gold, mining, president, property
