Second Program to Begin in Egypt Next Week; Drilling Progressing at Prairie Lake and Diabase
TORONTO, ONTARIO -- (Marketwire) -- 11/15/10 -- Nuinsco Resources Limited ('Nuinsco' or 'the Company') (TSX: NWI) (www.nuinsco.ca) today announced that drill results from its Olympian Gold Project in Ontario's Lake of the Woods region are not sufficiently prospective to justify further expenditure at this time. As a result, the Company will not make further payments on the Olympian option agreements, but instead focus on its other exploration projects in Canada, Egypt and Turkey.
Program Follows Up on Positive Results From Previous Work
TORONTO, ONTARIO -- (Marketwire) -- 11/10/10 -- Nuinsco Resources Limited (TSX: NWI), (www.nuinsco.ca) today announced that drilling has begun at its Diabase Peninsula uranium project in the Athabasca Basin of northern Saskatchewan. The minimum 2,000 metre program will follow up on past results that have returned strongly anomalous uranium mineralization, peaking at 0.07% uranium (0.083% U3O8), and other key elements indicative of a uranium mineralizing event common to deposits in the Athabasca basin.
Program to Expand Ta, Nb, REE, U, P Mineralized Domain and Characterize Mineralization
TORONTO, ONTARIO -- (Marketwire) -- 11/04/10 -- Nuinsco Resources Limited ('Nuinsco') (TSX: NWI) (www.nuinsco.ca) announced today that diamond drilling has begun at its Prairie Lake rare metals project. The goal of the program is to expand the previously identified 330-360 million tonne mineralized domain outlined in an Exploration Target Mineralization Inventory (ETMI) containing the rare metals niobium and tantalum, as well as rare earth elements (REE) and other minerals.
Drilling Planned at Diabase Peninsula and Prairie Lake Before Year EndTORONTO, ONTARIO -- (Marketwire) -- 10/29/10 -- Nuinsco Resources Limited ('Nuinsco' or 'the Company') (TSX: NWI) (www.nuinsco.ca) today announced that it has completed an initial field examination at the Bukari and Umm Samra gold concessions in the Eastern Desert of Egypt.
TORONTO, ONTARIO -- (Marketwire) -- 10/04/10 -- Nuinsco Resources Limited ('Nuinsco' or 'the Company') (TSX: NWI)(www.nuinsco.ca) announces the completion of two non-brokered private placements for gross proceeds of $1 million:
a) A non-brokered private placement of 10,000,000 units (each a 'Unit'), at a subscription price of $0.05 per Unit, for gross proceeds of $500,000 (the 'Private Placement'). Each Unit is
TORONTO, ONTARIO -- (Marketwire) -- 09/29/10 -- Nuinsco Resources Limited ('Nuinsco' or 'the Company') (TSX: NWI) (www.nuinsco.ca) today announced that it has begun a field exploration program at the Bukari gold concession in the Eastern Desert of Egypt.
Field Exploration to Begin on Bukari Gold Property This Fall
TORONTO, ONTARIO -- (Marketwire) -- 09/09/10 -- Nuinsco Resources Limited ('Nuinsco' or 'the Company') (TSX: NWI) (www.nuinsco.ca) today announced that it has finalized, through its Egyptian subsidiary Z-Gold Resources Limited ('Z-Gold'), a concession agreement with the Egyptian Mineral Resources Authority (EMRA) covering the Bukari gold Concession Area located in the Eastern Desert of Egypt.
TORONTO, ONTARIO -- (Marketwire) -- 08/13/10 -- Nuinsco Resources Limited ('Nuinsco' or 'the Company') (TSX: NWI) (www.nuinsco.ca) is pleased to announce the appointment of Mr. Marvin Singer and Mr. Ed Guimaraes as Directors of the Company.
During the last 25 years Mr. Singer, a partner with Macleod Dixon LLP, has worked with both international and domestic firms on all aspects of resource projects - from acquisition
TORONTO, ONTARIO -- (Marketwire) -- 07/21/10 -- Nuinsco Resources Limited ('Nuinsco' or 'the Company') (TSX: NWI) (www.nuinsco.ca) today announced that it, along with Ocean Partners Holdings Limited ('Ocean Partners'), through a Canadian subsidiary, has acquired the $24 million of debt of Campbell Resources Limited ('Campbell') that Nuinsco and Ocean Partners did not previously own. Nuinsco and Ocean Partners will make
Program to Follow Up on Grab Samples Grading Up to Approximately 11 Ounces Per Ton Gold
TORONTO, ONTARIO -- (Marketwire) -- 06/30/10 -- Nuinsco Resources Limited ('Nuinsco' or 'the Company') (TSX: NWI) (www.nuinsco.ca) today announced that diamond drilling at its Olympian Gold Project near Kenora, Ontario will start in early July. The drilling is the next step in the aggressive program that has included geophysical surveys and extensive trenching, stripping and channel sampling which has returned grades up to 10.98 ounces per ton (341.81 g/t) gold (see news release dated June 2, 2010).