Release: Niko continues to expand its Indonesia exploration acreage
Wednesday, November 25 2009 - 11:44 PM WIB
(CALGARY, ALBERTA, Nov 25, 2009) -- Niko Resources Ltd. (TSX:NKO) is pleased to announce that the Indonesian Government has selected the Company as the successful bidder in the North Makassar Strait Block.
The North Makassar Strait block covers 414,904 acres and is located offshore directly north of the Company's Southeast Ganal Block. Niko Resources will hold a 50% interest.
Niko will now hold an interest in 12 exploration blocks in Indonesia.(end of release)
