Nuinsco Resources Ltd. www.nuinsco.ca today announced that it has contracted a geophysical company to conduct induced polarization and magnetic surveys on the Sunbeam gold property , a high-grade gold project located near the town of Atikokan, northwestern Ontario. Funding for the geophysical work derives from a private placement financing by the Company that is currently in progress . Mobilization of the geophysical crew [...]
Up to 96% gold recovery from gravity processing and leach or flotation Nuinsco Resources Ltd. today announced positive results from metallurgical testing of gold-bearing material from the waste pile at the past-producing El Sid project in Egypt. These results demonstrate the effectiveness of low-cost, proven processing methods for gold recovery at El Sid. "Gold recoveries of up to 96% obtained from simple, conventional [...]
Nuinsco Resources Ltd. today announced that continued review of data from the Sunbeam Gold Project further emphasizes the abundance and quality of targets identified to date on the Project. In particular a review of historic data from the Sunbeam Mine combined with geophysical data obtained from a recently-completed, Company-commissioned, survey indicates very good target potential down-dip from the historic mine workings [...]
Gold mineralization and host-structure now known to extend below the depth-extent of historic work Nuinsco Resources Ltd. today announced that the compilation of data on the Sunbeam Gold Property , including the recently announced drill results, indicates that at least 10 gold occurrences, including the past-producing high-grade Sunbeam gold mine, occur on the 15km of strike length identified along gold mineralized trends [...]
Nuinsco Resources Ltd. today announced that the option term for the Sunbeam Gold Property near Atikokan in northwestern Ontario has been extended until 31 December, 2020 . "The Extension will allow us to increase geophysical coverage and prepare for diamond drilling on the largely untested parts of gold mineralized trends that traverse the property," said Paul Jones, CEO. Under the terms of the Extension, the optionors [...]
Nuinsco Resources Ltd. today announced that recent diamond drilling at the Sunbeam Gold Property near Atikokan in northwestern Ontario successfully intersected the down-dip extension of the structure hosting gold mineralization at the past-producing Sunbeam Mine, returning anomalous gold mineralization. "The presence of gold mineralized rock at depth below the historic Sunbeam mine is very encouraging," said Paul Jones [...]
Nuinsco Resources Ltd. today announced the resignation of Dr. Raymond Goldie as a Director of the Company, effective immediately. The Board of Directors thanks Mr. Goldie for his service to Nuinsco and wishes him well in his future endeavours. About Nuinsco Resources Limited Nuinsco Resources has over 45 years of exploration success and is a growth oriented, multi-commodity mineral exploration and development [...]
Nuinsco Resources today announced that it will not be in a position to file its unaudited financial statements for the period ended March 31, 2020 and the related management's discussion and analysis, as required by Part 4 and Part 5 of National Instrument 51-102: Continuous Disclosure Obligations by the filing deadline of June 1, 2020. This news release is being issued in accordance with the blanket relief of a 45-day [...]
Nuinsco Resources Ltd. today announced that it will not be in a position to file its audited annual financial statements for the fiscal year ended December 31, 2019 and the related management's discussion and analysis, as required by Part 4 and Part 5 of National Instrument 51-102: Continuous Disclosure Obligations by the filing deadline of April 29, 2020. This news release is being issued in accordance with the blanket [...]
Nuinsco Resources Ltd. today announced that diamond drilling at the Sunbeam gold property near Atikokan in northwestern Ontario has intersected the down-dip extension to the structure hosting gold mineralization at the Sunbeam Mine. Diamond drill holes were collared to test for an extension of the host structure and gold mineralization from the historic Sunbeam mine, a reported high-grade underground gold mine that was [...]
Nuinsco Resources Ltd. today announced that it has commenced diamond drilling at the Sunbeam gold property near Atikokan in northwestern Ontario. The drilling follows up on recent exploration by Nuinsco, including sampling which returned analyses as high as 122g/t gold . An induced polarization survey commissioned by Nuinsco identified 16 resistivity and/or chargeability sources near the Sunbeam Mine, some of which will [...]
Nuinsco Resources Ltd. today announced it intends to commence a drill program at the Company's Sunbeam Gold Property situated 27km northeast of the town of Atikokan, Ontario and 15km southeast of Agnico Eagle's Hammond Reef gold deposit. Prior to Nuinsco optioning the project in 2017 no exploration had been conducted around the past-producing Sunbeam gold mine since it closed in 1905. "This drilling will begin as soon as [...]
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