Articles Tagged "Nuinsco"

Nuinsco Resources reports 330 to 360 Million Tonne Exploration Target

Nuinsco Resources reports that P&E Mining Consultants has completed an exploration target mineralization inventory on the Prairie Lake project, Ontario. The ETMI sets the target estimate for the two areas drill-tested to date, the SW Zone and Jim’s Showing (see map below), at between 330 and 360 million tonnes averaging 3.5% to 3.7% P2O5 and 0.12% to 0.14% Nb2O5 [...]

Nuinsco reports restructuring of bridge loan

Nuinsco Resources reports an oral agreement was done regarding its bridge loan lenders. As part of the agreement to extend the maturity date to June 15, 2009, the Company will increase the existing security, which is restricted to the Company’s shares of Victory Nickel Inc., to include the Cameron Lake gold deposit and its shares [...]

Nuinsco provides update on Huston Lake/Marijane Lake JV agreement

Nuinsco Resources provides an update of ongoing activity at Huston Lake/Marijane Lake uranium property. Anomalies on the property occur in discrete zones ranging from 0.2 to 0.5 kilometres long to broad areas of higher radioactivity over several kilometres along the 45 kilometre strike length of the claim group. Mineralogical work has confirmed the primary uranium mineral uraninite [...]

Nuinsco & Temex complete option & JV agreement

Nuinsco Resources and its partner Temex Resources Corp. reports they have completed final execution of the Option and Joint Venture Agreement. The work on the first phase of exploration has begun. The Agreement grants Nuinsco the option to acquire a 50% interest in the Marijane Lake and Huston Lake Uranium Properties (the “Claims”), by expending a total of $750,000 [...]

Nuinsco reports drill results from Diabase Peninsula uranium project

(July 3)Nuinsco Resources reports further assays with anomalous uranium levels from Diabase Peninsula, Athabasca Basin, Saskatchewan. The two drill holes, ND-08-07 and ND-08-08, were collared approximately 11 kilometres apart. ND-08-07 was drilled in an area about two kilometres north of the project’s main target area to test for an interpreted cross-fault, while ND-08-08, the most northerly [...]

Gravity survey enhances Nuinsco’s Diabase uranium project

TORONTO, ONTARIO–(MARKET WIRE)– Nuinsco Resources Limited (Toronto:NWI.TO – News) (www.nuinsco.ca) today announced that results from a gravity survey conducted at the Diabase Peninsula uranium project in Saskatchewan’s Athabasca Basin during April has identified several domains of lower-density rock that are consistent with the presence of hydrothermally altered, desilicified, sandstone often found in proximity to uranium [...]

Nuinsco reports first drill results from winter program

TORONTO, ONTARIO, Marketwire, Nuinsco Resources Limited (TSX:NWI)(www.nuinsco.ca) today announced that analytical results from the first nine holes of the most recent 18-hole diamond drill program at the Diabase Peninsula uranium project returned a 14.85 metre interval of anomalous uranium mineralization peaking at 0.07% uranium (0.083% U3O8..Full News.