Nuinsco Resources Limited has over 50 years of exploration success and is a growth oriented, multi-commodity mineral exploration and development company focused on prospective opportunities in Canada and internationally. Currently the Company has three properties in Ontario – the high-grade Sunbeam gold prospect near Atikokan, the large, multi-commodity (rare-earths, niobium, tantalum, phosphorus) Prairie Lake project near Terrace Bay, and the Dash Lake gold project near Fort Frances. In addition, Nuinsco has completed an agreement to exploit gold-mineralized dumps and tailings at the el Sid project in Egypt – a project with the potential to provide near-term revenue.
Why Invest in Nuinsco:
- One of Canada’s most experienced mineral exploration companies
- Diverse, experienced, and respected Board of Directors and advisors
- History of discoveries over 50 years of activity
- Track record of spinning out projects to create value
- Solid exploration projects at Sunbeam and Prairie Lake
- Real potential for near-term revenue from el Sid gold project
|1970||Management group takes control of New Insco Mines Ltd.|
|1971||Hebecourt, 1.2-million-ton copper-rich deposit, discovered in Noranda, Quebec.|
|1973||Uranium exploration begins at Prairie Lake.|
|1979||Nuinsco Resources Ltd. is successor to New Insco Mines Ltd.|
|1981||Work begins at Cameron Lake gold deposit, Kenora.|
|1983||Gold resource identified at Cameron Lake.|
|1987||Aldermac 7 and 8 zones (Cu/Zn/Au/Ag) discovered near Rouyn-Noranda, Quebec.|
|1994||Rainy River deposit, 17 Zone (Au) discovered.|
|1995||Rainy River deposit, 34 Zone (Ni/Cu/Au/PGE) discovered.|
|1999||Lac Rocher Ni deposit discovered in Quebec.|
|2000||Mel sulphide nickel property, Manitoba, optioned from Inco Limited.|
|2001||Minago sulphide nickel property, Manitoba, acquired from Black Hawk Mining.|
|2004||Nuinsco expands into Turkey (Berta Cu/Au porphyry) and Saskatchewan (Diabase Peninsula uranium property).|
|2005||Second Turkish property optioned: Elmalaan (Cu/Zn VMS).|
|2006||Chibougamau mining camp entered via agreement with Campbell Resources Inc.|
|2007||Nuinsco creates Victory Nickel through the spin-off of its Minago, Mel and Lac Rocher projects.|
|2009||Nuinsco bids on Egyptian gold concessions Bukari and Umm Samra.|
|2010||330-360 million tonne Exploration Target (ET) at Prairie Lake property announced.
Bukari and Umm Samra bid is successful.
Cameron Lake sold to Coventry Resources for $12 million consideration.
Nuinsco and Ocean Partners gain effective control of Chibougamau mining camp, Quebec.
|2011||Prairie Lake ET increased to 515-630 million tonnes.
Nuinsco and Ocean Partners complete transfer of ownership of Chibougamau assets to CBay.
|2012||Nuinsco sells Cameron Lake project royalty for cash proceeds of US$5.1 million.
Nuinsco acquires 100% of option on Diabase Peninsula uranium property.
|2013||Nuinsco makes strategic investment in Victory Nickel Inc.|
|2014||Victory Nickel Inc. loan converted to direct interest in frac sand cash flows.|
|2017||Nuinsco acquires the Sunbeam gold property through option.
Minority interest in CBay is divested for cash and debt.
|2018||Nuinsco divests interest in the Diabase Peninsula property.
Nuinsco enters into agreement to evaluate and subsequently exploit the El Sid gold project in Egypt.
|2020||Additional claims optioned surrounding the Sunbeam Property - doubling Nuinsco’s land holdings.|
|2021||Nuinsco exercises its option on the original Sunbeam gold property.
Dash Lake gold project near Fort Frances optioned.