Oct 13 2010
Nanika Resources Inc. (TSX-V: NKA and FSE: C7X) has announced that drilling has started on its Red Cliff East property.
"It is the first time that there is any drilling on Red Cliff East. The recent results obtained on the adjacent property belonging to Decade Resources confirm the high grade nature of the mineralization in the area. Nanika's drill program will explore the possibility that this high grade mineralization continues onto our property," said Jim Jacuta, CEO of Nanika Resources.
A 2,847 grams per tonne gold interval over 0.3 metres and 18 metres of 49 grams per tonne gold was recently announced by Decade Resources Inc. whose "Montrose zone" is approximately 400 meters from Nanika's property. (For full results, please see the Decade Resources Inc. News release of September 21, 2010).
Alex Walus, PGeo, a qualified person under National Instrument 43-101, is supervising Nanika's work program, and has reviewed and approved the technical disclosure in this news release.
Source: Nanika Resources Inc.