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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
Nuinsco today announced that it has negotiated, subject to TSX approval, a non-brokered private placement of up 7,143,000 flow-through units at a subscription price of $0.14 per unit for gross proceeds of up to $1 million. Each unit consists of one common share of the Company and one-half of one warrant, each issued on a flow-through basis pursuant [...]
Nuinsco and Ocean Partners Holdings Limited today announced the appointment of Roland Horst as the Chief Executive Officer of C-Bay Minerals Inc.. C-Bay, 50% owned by each of Nuinsco and Ocean Partners, was created to advance the exploration, mining and processing assets located in and near Chibougamau, Quebec that were jointly acquired late last [...]
Nuinsco today announced that drilling is planned for early March at its Diabase Peninsula uranium project. The drill program will follow up on past exploration that identified all the elements indicative of a uranium mineralizing event, including up to 707 parts per million (ppm) uranium (U).
Nuinsco Resources Limited today announced that it has elected to not exercise its option to acquire an 85% interest in UAE for Gold Minerals and Investment Company Ltd., the company that owns the J. Tobrar (Block 64) concession in north eastern Sudan. Exercise of the option would have required the payment of $4 million in Nuinsco shares.
TORONTO, ONTARIO -- (Marketwire) -- 01/23/12 -- Nuinsco Resources Limited ('Nuinsco') (TSX: NWI) (www.nuinsco.ca) today announced that it has purchased back the 2% production royalty on its Prairie Lake phosphate and rare metals project in consideration for the issuance of 3,157,894 common shares of Nuinsco. The royalty was obtained by Stares Contracting Corp. in 2001.