- Quality properties in world-class mineralized belts, stronger asset base than ever before
- Strategic equity investments that can be monetized to finance exploration programs to limit dilution to shareholders
- Balanced commodity risk through exposure to a variety of precious and base metals
- Experienced and active board of directors with a significant equity position backed by financial, exploration, development and operating management expertise
Interest in Coventry Resources Limited
Closed sale of Cameron Lake to Coventry Resources Limited (ASX:CVY) for total consideration of $12 million, including cash and upside participation in the form of CVY equity and a 3% net smelter royalty.
Interest in Chibougamau Mining Camp
One of two secured creditors of Campbell Resources Limited Chibougamau Assets. Nuinsco recently announced that it, along with Ocean Partners Holdings Limited, through a Canadian subsidiary, has acquired the $24 million of debt of Campbell Resources Limited that Nuinsco and Ocean Partners did not previously own. As a result, the two companies now hold $40 million of debt, and have effectively gained control over one of Canada's major mining camps.
Interest in Victory Nickel Inc. (TSX: NI)
Victory Nickel has over 900 million pounds of nickel in M&I resources in four Canadian sulphide nickel projects.