Nanika Resources Incorporation

Published : May 17th, 2010

Herb Lake Manitoba Work Program

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Re:   News Release - Monday, May 17, 2010
      Nanika Announces Herb Lake Manitoba Work Program
=======================================================================

May 17, 2010: Vancouver B.C. Nanika Resources Inc. (TSXV: NKA and FSE:
C7X) is pleased to announce a multiphase exploration program on the
Herb Lake property. Located approximately 120 kilometers east of Flin
Flon, Manitoba, Herb Lake is comprised of eleven mineral claims on
approximately 5,930 acres to the immediate north of the Copperman
Property of VMS Ventures Inc. Phase 1 of the work program will include
extensive prospecting, mapping and sampling. Depending on weather
conditions it is anticipated that Nanika's crew will be mobilized to
the site within the next ten days and will include Nanika's consulting
geologist, Alex Walus, P. Geo.

Historic drilling on the Copperman Property to the south indicated that
the "A" zone contains 149,672 tonnes 3.08% Cu and 3.08% Zn. Combined
reserves of 221,308 tonnes with 2.63% Cu and 4.46% Zn were reported in
Manitoba Mineral Deposit Series Report 21. In 1994, a regional diamond
exploration program which also included drilling was executed by
Falconbridge and European Ventures Inc. at the Snow Lake property
approximately 3 kilometers from the Herb Lake claim. One of the holes
intersected a dyke of potentially diamondiferous Kimberlite. In 2007 a
VTEM survey flown over the northern part of the Copperman area
identified a large number of conductors of which only some were tested
to date. The reported mineralization in the adjacent Copperman deposit
is associated with altered volcanic rocks that are exposed at the
northern edge of the limestone cover rocks found in this area of
Manitoba. A large portion of the prospective volcanic rocks on the
Copperman property extend beneath the limestone cover, which gradually
increases in thickness southwards. Felsic volcanic rocks and minor
amounts of Cu and Zn are present at a number of localities. It should
be noted that there has been insufficient exploration to date to define
a mineral resource and it is uncertain if further exploration will
result in discovery of a mineral resource.

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

For further information contact:

CHF Investor Relations
416-868-1079

Christopher Haldane
Account Manager - ext. 237
chris@chfir.com

Chelsea Jones
IR Associate - ext. 246
chelsea@chfir.com

Douglas Kerr
Telephone: 604-638-0699
Toll Free: 1-866-580-0699
www.nanikaresources.com
 
Or visit; 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
=======================================================================
.
Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

Nanika Resources Incorporation

EXPLORATION STAGE
CODE : NKA.V
CUSIP : 630018109
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Nanika resources Inc is a silver and gold exploration company based in Canada.

Nanika resources Inc holds various exploration projects in Canada.

Its main exploration properties are TED, MOLY KING PROPERTY, SCEPTRE AND TIARA, INDI, MUNN LAKE, SWEENEY LAKE, CAMSELL LAKE, LAC DE GRAS, LUCKY SHIP, MAC CLAIMS, VERNON and NWT CLAIMS in Canada.

Nanika resources Inc is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 945 530 as of today (US$ 931 725, € 752 554).

Its stock quote reached its highest recent level on December 31, 2007 at CA$ 1.23, and its lowest recent point on July 05, 2012 at CA$ 0.01.

Nanika resources Inc has 94 553 000 shares outstanding.

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Financings of Nanika Resources Incorporation
12/23/2008Announces Flow-Through Private Placement with MineralFields
Nominations of Nanika Resources Incorporation
11/2/2009Appoints Advisors on Stewart Mining Camp Properties
3/12/2008 Appoints Kerr to Support Investor Relations
Project news of Nanika Resources Incorporation
5/17/2010(Herb Lake)Herb Lake Manitoba Work Program
1/28/2010(Sweeney Lake)Additional Ground Acquisition West of Sweeney Lake British C...
10/8/2009(Indi)Commences Drilling on Indi Property North of Stewart, Britis...
9/25/2009(Red Cliff)Adds More Property at Red Cliff
9/18/2009(Indi)Announces Additional Ground Acquisition East of Indi and Nea...
7/9/2009(Indi)Commences Work Program on the Indi Gold - Silver Property
6/17/2009(Indi)Purchase of South Indi Mineral Claim
10/1/2007files Indi Project NI 43-101 report
9/20/2007(Lucky Ship)LUCKY SHIP MOLYBDENUM PROJECT MOVING FORWARD THROUGH PHASE 5...
9/9/2007Results of Sampling, Including High-Grade Assays on Properti...
8/20/2007(Lucky Ship)Announces Completion of the Phase 4 Infill Drilling Program
8/14/2007(Ixl (grand Forks))Cougar complete drilling at IXL
7/30/2007(Sweeney Lake)Announces Start of Drilling on the Sweeney Lake Property
6/26/2007(Lucky Ship)Announces Assay Results for Drill Hole on its Lucky Ship Mol...
6/20/2007files NI 43-101 report on Lucky Ship
6/16/2007(Lucky Ship)Announces Assays Results from the phase 4 Infill Drilling Pr...
5/2/2007(Lucky Ship)Announces Results for the First 8 holes of the 2007 Phase 4 ...
Corporate news of Nanika Resources Incorporation
6/28/2011Provides Rivett Lake Update
6/2/2011Announces Rivett Lake Program
4/13/2011. - Canada Molybdenum Corp. Joint Venture Update
3/25/2010Acquires Additional Ground at Stewart British Columbia
9/1/2009Announces Investor Relations Agreement
7/13/2009Shareholders Annual Meeting Approves Management Business
11/27/2008Announces Memorandum of Understanding
9/19/2008Updates on Korean Joint Venture Negotiations
7/22/2008Molybdenum Project Update
5/21/2008Shareholders Meeting Strengthens Board of Directors and Appr...
4/18/2008Management Proposes Name Change
4/10/2008Provides Update on Joint Venutre Agreement and Resource Esti...
2/25/2008Joint Venture Agreement Discussions
1/15/2008receives $2-million option payment
12/5/2007Receives Payment on Manitoba Properties
10/12/2007FURTHER ANNOUNCEMENT REGARDING REED LAKE MINERAL PROPERTY IN...
10/11/2007SETTLEMENT OF LEGAL PROCEEDINGS REGARDING REED LAKE MINERAL ...
9/17/2007Newsrelease
8/29/2007Announces Management Enhancement
7/23/2007acquiring two nickel properties
7/10/2007announces resumption of drilling
7/6/2007amends deal with Global Capital
6/25/2007receives $1.3 million from option agreement
6/11/2007Palm Clean assigns part of option to Daewon Chemical, confir...
5/31/2007receives Indi claims resource estimate
5/31/2007ANNOUNCES ADDITIONAL GROUND ACQUISITION
5/28/2007optioning two nickel properties in NWT
5/24/2007options Moly King Property
5/1/2007s on IXL Property
2/20/2007Completion of the "deep holeà
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