1970 1970 Management group takes control of "New Insco Mines Ltd." 1972 1972 Hebecourt, 1.2 million ton copper rich deposit discovered in the Noranda mining camp. 1973 1973 Uranium exploration begins at Prairie Lake. 1979 1979 Nuinsco Resources Ltd. is successor to New Insco Mines Ltd. 1981 1981 Work begins at Cameron Lake gold deposit, Kenora. 1983 1983 Gold resource identified at Cameron Lake. 1987 1987 Aldermac 7 and 8 zones (Cu/Zn/Au/Ag) discovered near Royn-Noranda, Quebec. 1994 1994 Rainy River deposit, 17 Zone (Au) discovered. 1995 1995 Rainy River deposit, 34 Zone (Ni/Cu/Au/PGE) discovered. 1999 1999 Lac Rocher Ni deposit discovered in Quebec.
2000 2000 Mel sulphide nickel property, Manitoba, optioned from Inco Limited. 20012001 Minago sulphide nickel property, Manitoba, acquired from Black Hawk Mining. 2004 2004 Nuinsco expands into Turkey (Berta Cu/Au porphyry) and Saskatchewan (Diabase Peninsula property). 2006 2006 Chibougamau mining camp entered via agreement with Campbell Resources. 2007 2007
2010 2010
2011 2011
- Nuinsco & Ocean Partners Complete Transfer of Ownership of Chibougamau Assets to CBay Minerals.
- Prairie Lake Property ETMI increased to 515-630 million tonnes.
- Nuinsco closed sale of Cameron Gold Project Royalty for cash proceeds of US$ 5.1 M.
- Nuinsco acquired royalty held by Trend Mining Co. on Diabase Peninsula Property.
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Nuinsco Resources Limited (NWI:TSX) has over 40 years of exploration success and is a growth-oriented, multi-commodity mineral exploration company that today is focused on world-class mineralized belts in Canada and Turkey. In addition to its property holdings, Nuinsco owns common shares in Coventry Resources Limited (TSXV:CYY) and Victory Nickel Inc. (NI:TSX). Shares of Nuinsco trade on the Toronto Stock Exchange under the symbol NWI.
Investment highlights:
- One of Canada's most experienced exploration companies.
- Proven management team.
- Active board of directors with financial, exploration, development and operating expertise.
- Balanced commodity and jurisdictional risk through exposure to a variety of metals & countries.
- Strategic equity investments that can be monetized to finance exploration programs to limit dilution to shareholders.
- Has successfully spun out assets to create value for shareholders.
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Dominant asset position in Chibougamau region provides perfect vehicle for revival of significant Canadian copper/gold mining camp.
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