URANIUM

	Diabase Peninsula Property, Saskatchewan Nuinsco’s Diabase Peninsula uranium project is located 150 kilometres northwest of La Ronge, Saskatchewan on the Athabasca Basin, the region that hosts the world’s largest and richest uranium mines. The 21,900-hectare property is a joint venture with Trend Mining Company of Denver. Nuinsco has completed two drill programs that returned uranium values as well as key indicator minerals associated with uranium deposits in the Basin which, combined with past drilling and other studies, points toward the local presence of unconformity style mineralization. Based on these results, Nuinsco has been named as a leader in the race to find the next uranium “Super Deposit” in the Athabasca Basin at Diabase
	Marijane Properties/Huston Lake- Kenora ,Ontario Marijane Lake and Huston Lake Nuinsco has an agreement with Temex to acquire a 50% interest in 87 mining claims covering 52,604 acres straddling the Ontario-Manitoba border NW of Kenora. The claims cover the largest and strongest uranium radiometric anomaly in the region with a strike length of approximately 45 km. Previous work has identified uranium mineralization including drill intersections of 1.80% U3O8 over 0.60 m, 0.38% U3O8 over 1.5 m and 0.065% U3O8 over 4.6 m. Surface exploration by Temex has returned the following results: - 72 samples out of a total of 336 samples collected returned >200 ppm uranium (“U”) and 31 of those returned >500 ppm U; of 12 samples reporting >1,000 ppm U, the highest were 2,140 ppm, 2,900 ppm and 3,240 ppm U. - Discrete areas anomalous in uranium range up to 0.5 km by 1.5 km within anomalous trends up to 4.0 km in length. Additional drilling to follow up on these results is contemplated.
	Prairie Lake Property, Ontario The Prairie Lake Carbonatite Complex, located near Marathon, Ontario, hosts a near-surface historic (non-NI-43-101-compliant) uranium resource of over 180,000 tonnes grading 0.09% U3O8 (and 0.25% niobium) identified in exploration dating from the mid-1960s and a broad range of commodities, including phosphates and rare earth elements. The property is located just 28km north of the Trans-Canada Highway and is road accessible year round. Near-surface mineralization that continues to depth. Mineralization occurs at surface and carbonatite rock continues to depths of at least 500m with grades similar to those at and near surface. For example: 3.16% P2O5 0.104% Nb2O5, and 0.003% Ta2O5 over 82.32m (DDH NP0809; 443 to 525.58m) and 3.96% P2O5, 0.082% Nb2O5 and 0.003% Ta2O5 over 372m (DDH NP0810; 125 to 497m). Higher grade intervals. Drilling indicates potential for domains of elevated grade: 18.05% P2O5, 0.76% Nb2O5 and 0.018% Ta2O5 over 1 metre (DDH NP0709; 49-50m) 6.12% P2O5, 1.01% Nb2O5 and 0.007% Ta2O5 over 1 metre (DDH NP0711; 97.5-98.5m) 4.41% P2O5, 0.37% Nb2O5 and 0.059% Ta2O5 over 1 metre (DDH NP0711; 23.75-24.75m)