Nanika Resources Inc.

Nanika Resources Inc.

October 22, 2009 13:58 ET

Nanika Completes Stewart Mining Camp Drill Program on Indi

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 22, 2009) - Nanika Resources Inc. (TSX VENTURE:NKA)(FRANKFURT:C7X) is pleased to announce completion of a drill program on the Indi Property in northwestern British Columbia located approximately 24 kilometres north of the Town of Stewart. Seven drill holes with a total of 3406 feet of drilling were completed and core logging and sampling are progressing. Core from the first two holes, NAN-09-311 and NAN-09-312, have already been submitted to Assayers Canada Ltd. of Vancouver, B.C. for analysis. First assay results are expected within the next three or four weeks. The company follows a quality assurance/quality control (QA/QC) program that includes the insertion of blanks and standards during sampling to ensure quality control in the assaying.

Alex Walus, P. Geo., a qualified person under National Instrument 43-101 is supervising Nanika's work program on the Indi property and 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

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

Contact Information

  • Nanika Resources Inc.
    Matthew Emery
    604-638-0699 or Toll Free: 1-866-580-0699
    Nanika Resources Inc.
    Douglas Kerr
    604-638-0699 or Toll Free: 1-866-580-0699