Uranium Values, Other Indicators Point to Potential for high-grade MineralizationTORONTO, ONTARIO -- (Marketwire) -- 04/07/11 -- Nuinsco Resources Limited (TSX: NWI) (www.nuinsco.ca) today announced that recent drill results grading up to 71 parts per million (ppm) uranium (U) continue to indicate the potential for high-grade uranium mineralization at its Diabase Peninsula project in Saskatchewan's Athabasca Basin.
Assays Continue to Expand Size, Potential Economic Significance of Multi-Commodity Deposit
TORONTO, ONTARIO -- (Marketwire) -- 03/10/11 -- Nuinsco Resources Limited ('Nuinsco') (TSX: NWI) (www.nuinsco.ca) today reported first results from the trenching program conducted on its Prairie Lake project near Marathon, Ontario. Results include intersections grading up to 1,570 ppm Nb2O5 (niobium); a result that compares favourably with the Nb2O5 resource grade reported by Commerce Resources Corp. ('Commerce') (TSX VENTURE: CCE) at its Upper Fir carbonatite in BC. In addition to niobium, grades up to 5.040% phosphorous, 0.207% combined rare earth elements (REEs) and 23.7 ppm tantalum were intersected.
Gold Grades Up to 2.19 oz/t Obtained from Surface Sampling of Bukari One Gold ShowingTORONTO, ONTARIO -- (Marketwire) -- 03/07/11 -- Nuinsco Resources Limited ('Nuinsco' or 'the Company') (TSX: NWI) (www.nuinsco.ca) today released additional assays grading up to 2.19 oz/t (75.1 g/t) from surface sampling at its Bukari gold concession in the Eastern Desert of Egypt.
TORONTO, ONTARIO -- (Marketwire) -- 03/04/11 -- Nuinsco Resources Limited ('Nuinsco' or 'the Company') (TSX: NWI) (www.nuinsco.ca), today advised that it has received notices of reassessment in the aggregate amount of approximately $4.4 million from the Canada Revenue Agency ('CRA') related to transactions completed in 2006. The Company is in the process of carefully reviewing these reassessments and has consulted legal
Nuinsco Resources today announced significant analytical results from the first sampling program conducted on the Bukari and Umm Samra gold Concession Areas in Egypt's Eastern Desert. Multi-gram gold analyses, grading up to 46.30 g/t, were obtained from all six sites visited and almost all samples collected contained significantly anomalous gold.
Over 11 km of Gold Mineralized Strike Length Examined on Three of 13 Known Showings at Bukari
TORONTO, ONTARIO -- (Marketwire) -- 02/23/11 -- Nuinsco Resources Limited ('Nuinsco' or 'the Company') (TSX: NWI) (www.nuinsco.ca) today announced that field work conducted in January 2011 has identified a four kilometre strike length at the Talat Gadalla gold occurrence located on the Company's Bukari Concession Area in Egypt's Eastern Desert.
TORONTO, ONTARIO -- (Marketwire) -- 02/17/11 -- Nuinsco Resources Limited ('Nuinsco' or 'the Company') (TSX: NWI) (www.nuinsco.ca) today announced that the Egyptian State Council has reviewed and approved the Concession Agreement (the 'Agreement') covering the Bukari Concession Area, Eastern Desert, Egypt.
5 Km Strike Length of Bukari North Gold Zone Confirmed by Ground ExplorationTORONTO, ONTARIO -- (Marketwire) -- 01/19/11 -- Nuinsco Resources Limited ('Nuinsco' or 'the Company') (TSX: NWI) (www.nuinsco.ca) today announced that a third program of field exploration has begun on the Company's Bukari and Umm Samra gold concessions in the Eastern Desert of Egypt.
TORONTO, ONTARIO -- (Marketwire) -- 01/10/11 -- Nuinsco Resources Limited ('Nuinsco' or 'the Company') (TSX: NWI) (www.nuinsco.ca) today announced that Mr. T. Mike Young has tendered his resignation from the board of directors for personal reasons, effective immediately, and that Dr. James M. Franklin has been appointed as a director to fill the vacancy created by Mr. Young's resignation.
TORONTO, ONTARIO -- (Marketwire) -- 12/31/10 -- Nuinsco Resources Limited ('Nuinsco' or the 'Company') (TSX: NWI) (www.nuinsco.ca) announces that it has closed a non-brokered private placement for an aggregate of 2,433,228 units at a price of $0.18 per unit (each, a 'Flow-Through Unit') for gross proceeds of $437,981 (the 'Private Placement'). Each Unit is comprised of one common share and one-half of one common share
Assay Lab Error Delays Receipt of Trenching Program Results, Diamond Drilling Progressing Well
TORONTO, ONTARIO -- (Marketwire) -- 12/22/10 -- Nuinsco Resources Limited ('Nuinsco')(TSX: NWI)(www.nuinsco.ca) today reported that results from its previously announced trenching program at the 100%-owned Prairie Lake Project in northwestern Ontario have been delayed due to issues with the quality of results produced by the analytical laboratory which rendered these results unusable. The analytical results are promptly and regularly reviewed by a qualified professional acting on behalf of Nuinsco on whose conclusions this decision has been based. The first batch of samples from one entire trench has been re-submitted for assay at another laboratory, and results will be released upon the satisfactory completion of re-assaying.
TORONTO, ONTARIO -- (Marketwire) -- 12/13/10 -- Nuinsco Resources Limited ('Nuinsco' or 'the Company') (TSX: NWI), (www.nuinsco.ca) today announced the completion of additional field work at the Bukari gold concession in Egypt's Eastern Desert. The most recent program indicates that the strike length of the Bukari 1 vein system is considerably longer than previously thought, and also identified a previously unknown vein
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