TORONTO, ONTARIO -- (Marketwire) -- 09/17/12 -- Nuinsco Resources Limited ("Nuinsco" or "the Company") (TSX: NWI) (www.nuinsco.ca) today announced that a National Instrument 43-101-compliant mineral resource estimate has been completed on the Corner Bay copper deposit located in the Chibougamau mining camp. Corner Bay is only one of the projects acquired in the Chibougamau mining camp. The mineral resource estimate was [...]
TORONTO, ONTARIO -- (Marketwire) -- 08/13/12 -- Nuinsco Resources Limited ("Nuinsco" or "the Company") (TSX: NWI) (www.nuinsco.ca) today announced that the 7,500 metre diamond drilling program is underway on the Berta Project in Turkey. The work program is operated by the Company's joint venture partner Xstrata Copper Canada ("Xstrata"). The Berta Project is a copper porphyry and is reputed to be the largest copper [...]
Nuinsco today announced that drilling results continue to provide the required indicative elements necessary to identify a deposit at its Diabase Peninsula uranium property in Saskatchewan's Athabasca Basin. Recent drilling has provided additional anomalous uranium results, with two of the three holes returning assays well in excess of the necessary 10 parts-per-million ("ppm") uranium ("U"), providing further indication [...]
Highlights: Concentrate grade up to 34.4% phosphorus (P2O5) with acceptable levels of other elements. Results show potential to produce a saleable concentrate using industry-standard processing methods. Results continue to indicate the ability to improve both recovery and concentrate grade. Next steps will include discussions with potential end-users/partners.
Nuinsco today announced an agreement has been reached with Dr. Lloyd Clark to extend the joint venture agreement concerning the Diabase Peninsula Project, located in the Athabasca Basin, northern Saskatchewan. "The extension is warranted because of the continued excellent results that indicate that the rocks underlying the property have been subjected to a uranium mineralizing event capable of causing the formation
Nuinsco today reported continued positive results from a second round of metallurgical testing from its 100%-owned Prairie Lake phosphorus - rare metals project in northwestern Ontario. Results continue to indicate the potential to produce a saleable phosphorus concentrate from Prairie Lake rock. Recently-received partial results refer specifically to the size range and purity of the apatite grains contained within the [...]
Nuinsco and its Diabase Peninsula uranium project, along with other explorers in Saskatchewan's Athabasca Basin, received a boost in February when Prime Minister Stephen Harper reached an agreement to facilitate uranium exports from Canada to China. "This agreement will help Canadian uranium companies to substantially increase exports to China, the world's fastest-growing market for these products," said Prime Minister [...]
Emphasis to be placed on strongest anomalies identified at centre of Berta porphyryTORONTO, ONTARIO -- (Marketwire) -- 04/26/12 -- Nuinsco Resources Limited ("Nuinsco" or "the Company") (TSX: NWI) (www.nuinsco.ca) today announced that the Company and its joint venture partner Xstrata Copper Canada (Xstrata) will undertake a 7,500 metre diamond drilling program this year at the Berta copper project in northeastern [...]
Greater Than 30% P2O5, Less Than 1% MgO in Concentrate is the TargetTORONTO, ONTARIO -- (Marketwire) -- 04/02/12 -- Nuinsco Resources Limited ("Nuinsco")(TSX: NWI) (www.nuinsco.ca) today reported positive preliminary results from a second round of metallurgical testing from its 100%-owned Prairie Lake phosphorus - rare metals project in northwestern Ontario. These results confirm that the primary objective of the [...]
Highlights:- Nuinsco plans to maintain a presence in MENA region. - Prairie Lake metallurgical program producing positive results, reporting is expected in April. - Two drill holes completed in on-going program at Diabase Peninsula property in the Athabasca Basin.
Nuinsco today announced that the Company has advised its partner in its Egyptian subsidiary Z-Gold Resources Ltd , that the board of directors has elected not to participate further in Z-Gold's attempt to obtain full tenure on the Bukari and Umm Samra gold concessions in the Eastern Desert of Egypt. "In 2009 Z-Gold successfully bid on two gold concessions and since that time has done field exploration and advanced the [...]
Nuinsco announced today that, further to its press release dated February 21, 2012, it has completed a non-brokered private placement of an aggregate of 7,098,000 flow-through units at a subscription price of $0.14 per Unit. The Offering was completed in three tranches, with the Company issuing 6,821,500 Units on February 24, 276,500 Units on March 12 and 44,858 Units on March 13, 2012, for aggregate gross proceeds of [...]
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