- Nuinsco & Ocean Partners Complete Transfer of Ownership of Chibougamau Assets to CBay Minerals.
- Prairie Lake Property ETMI increased to 515-630 million tonnes.
January 13, 2010
On January 13, 2010 - Nuinsco announced that P&E Mining Consultants Inc. completed an Exploration Target Mineralization Inventory (ETMI) that set the target estimate for the two areas drill-tested at Prairie Lake, the SW Zone and Jim´s Showing, between 330 and 360 million tonnes averaging 3.5% to 3.7% P2O5 (phosphorous) and 0.12% to 0.14% Nb2O5 (niobium, 1.2 to 1.4 kg/tonne). In addition to phosphorous and niobium, the suite of minerals of economic significance includes tantalum, uranium and rare earth elements (including lanthanum, cerium, samarium, neodymium and yttrium.
All exploration work is supervised by Paul Jones, President, who acts as QP under National Instrument 43-101.