Nikos Explorations Ltd. (“Nikos”) (NIK: TSX-V) announces the results of the remaining seven holes from the recently completed 1,927 metre, eleven hole drilling program on the Coppercorp property. Highlights include 35.33 metres containing 0.35% copper and 3.1 grams per tonne silver including 8.53 metres containing 0.83% copper in hole CP-05-14 and 3.65 metres containing 1.40% copper in hole CP-05-15.

The following table summarizes the results for holes CP-05-11 to CP-05-17.

Hole CP-05-11 was drilled at a 240 degree azimuth at an inclination of -45 degrees and targeted the up dip extension of the high grade intersection in Hole CP-05-03.

Hole CP-05-14 was collared 50 metres southeast of the significant intersection of 1.62% copper over 17.8 metres in hole CP-05-05 to test for along strike continuity. It was drilled at a 60 degree azimuth and at an inclination of -50 degrees.

The remaining holes were drilled to test new targets elsewhere on the property. Holes CP-05-12 and CP-05-13 were drilled 100 metres apart to test a strong chargeability anomaly to the southwest of Hole CP-05-05.

Hole CP-05-12 was drilled at a 240 degree azimuth and an inclination of -45 degrees. It intersected bornite-chalcocite mineralization in basalts and conglomerate between 47.55 and 53.55 metres and again between 193.9 and 200.35 metres.

Hole CP-05-15 was drilled at a 240 degree azimuth and an inclination of -45 degrees to test a combined chargeability, magnetic and soil anomaly in the vicinity of the old Copper Creek shaft. A recent surface grab sample from this area assayed 14.14% copper and 12.1 grams per tonne silver. The hole intersected a near surface zone grading 1.4% copper and 2.4 grams per tonne silver over 3.65 metres.

Hole CP-05-16 and CP-05-17 tested a newly discovered occurrence near the Ubetuwanit pit, located approximately 2.5 kilometres northwest of Hole CP-05-05 along the mine trend lineament. Surface channel sampling of the occurrence returned up to 3.11% copper, 12.4 grams per tonne silver and 0.49 grams  per tonne gold over 2.3 metres. Both holes were drilled from the same setup. Hole CP-05-16 was drilled at a 240 degree azimuth and an inclination of -45 degrees and Hole CP-05-17 was drilled vertically. Hole CP-05-16 intersected the zone at a vertical depth of 18.6 metres and assayed 0.87% Cu and 3.6 grams per tonne silver over 2.7 metres.

A map showing the location of all the holes drilled this year can be viewed at: www.nikosexplorations.com/projects/coppercorp.

The NQ size core was sawn in half and samples were taken from one half of the core and the second half was stored for reference purposes. Samples were analyzed by Activation Laboratories of Ancaster, Ontario, a laboratory accredited to ISO 17025 standards. Copper and silver were analyzed by ICP-OES and samples with values greater than 1% copper were reassayed by atomic absorbtion (AA). Nikos submitted standards and blanks along with the samples. Roger Moss, Ph.D., P.Geo., President of Nikos is the qualified person for the project as defined in NI 43-101 and prepared this news release.

Nikos is earning a 100% interest in the Coppercorp Property from the Batchawana Group of prospectors.

Nikos Explorations Ltd. is an exploration company focused on the acquisition, exploration and development of copper-gold projects in the Americas and is currently exploring three Ontario properties for their iron-oxide copper gold potential.

For more information please contact:
Roger Moss, President      Tel: 416-516-6050
Or visit our website at: www.nikosexplorations.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.