Nuinsco Resources Ltd. today announced that It has enhanced its exposure to critical minerals by optioning the Zig Zag Lake lithium-tantalum property located approximately 68 kilometres east-northeast of Armstrong, Ontario. The claim group covers the historic Tebishogeshik occurrence as well as other mineralized sites - the lithium-tantalum mineralization is pegmatite-hosted with significant rubidium and cesium [...]
Nuinsco Resources Ltd. today announced that it has closed a non-brokered private placement offering in two tranches, issuing 20,750,000 flow-through units at a subscription price of $0.02 per Unit for aggregate proceeds of $415,000. Each Unit consisted of one common share of the Company issued on a "flow-through" basis pursuant to the Income Tax Act and one warrant. Each Warrant entitles the holder thereof to purchase one [...]
Nuinsco Resources Ltd. today announced the first phase of diamond drilling has been completed at its Sunbeam Gold property near Atikokan in north-western Ontario. Eight diamond drill holes totalling 1,091m were completed. The program was conducted very efficiently, with all holes achieving their planned depth and intersecting altered and deformed rock known to host gold mineralization at the Sunbeam Mine and other gold [...]
Nuinsco Resources Ltd. today announced that diamond drilling is underway on its Sunbeam Gold property near Atikokan in north-western Ontario. This drill program will test for the presence of trends and structures known to host gold mineralization on the Property using the available geological information and anomalous responses obtained from recent induced polarization - magnetic geophysical surveys commissioned by the [...]
Nuinsco Resources Ltd. today announced that a geophysical crew is on-site expanding coverage of induced polarization and magnetic surveys on its Sunbeam Gold property near Atikokan in Ontario. The work program will test for extensions to anomalous responses obtained from a survey conducted late in 2020 and will detail parts of specific responses to provide guidance for diamond drilling on the project. "The expanded [...]
Nuinsco Resources Ltd. today reported that metallurgical testing has demonstrated the potential to significantly upgrade the neodymium grade in concentrate, along with other rare earth elements , at its 100%-owned Prairie Lake project. Neodymium is an element vital in the global conversion to renewable energy and electric vehicle manufacture. Over the past 12 years Nd has ranged in price from a low of US15.47/kg in 2009 [...]
Nuinsco Resources Ltd. today announced it has entered into a contract to conduct diamond drilling on its Sunbeam Gold property near Atikokan in north-western Ontario. The objective of the planned drilling will be to evaluate geological and geophysical targets identified along the gold-mineralized Sunbeam-Roy trends that traverse the entire width of the Property. Given the known distribution and grade of gold [...]
It is with great sorrow that the Board of Directors and management of Nuinsco Resources Ltd. announces that Rene Galipeau, Chairman and past CEO of the Company, has passed away. "All of us at Nuinsco extend sympathy, condolences, and the very best of wishes to Rene's family," said Paul Jones CEO of the Company. "Rene has been associated with Nuinsco for 30 years during which time he has provided inspired leadership [...]
Nuinsco Resources Ltd. today announced that it has commissioned a survey to expand geophysical coverage at the Sunbeam Gold Property . Both induced polarisation and magnetic methods are planned to further extend coverage along extensive, gold-mineralized linear trends that traverse the Property and that host ten gold occurrences including the high-grade Sunbeam Gold Mine. The survey will commence as soon as practicable [...]
Nuinsco Resources Ltd. today announced the expansion of its prospective gold property holdings through an option agreement to acquire a 100% interest in the Dash Lake gold project located 50 kilometres northwest of Fort Francis, Ont. in the prolifically gold mineralized Kakagi-Rowan Lake Greenstone Belt. The Project is underexplored, encompasses and is near several historic gold showings, and is easily accessible via [...]
Nuinsco Resources Ltd. today announced receipt of a detailed geophysical compilation and interpretation that has identified target domains for diamond drill testing and further surface exploration and geophysical coverage on its Sunbeam Gold property near Atikokan in north-western Ontario. The detailed interpretation provides targeting for diamond drilling and further geophysical coverage at Sunbeam that are now being [...]
Nuinsco Resources Ltd. today announced that that it has exercised its option to acquire a 100% interest in the mineral claims optioned in February 2018 that comprise approximately 45% of the area of the Company's 49.4 km2 Sunbeam gold property located 27km northeast of Atikokan in northwestern Ontario. In February, 2018, the Company entered into an option agreement to acquire 100% of the Initial Sunbeam Claims then [...]
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