OTCPK:IDIG - Post by User
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BILLMINERon Feb 09, 2007 8:01pm
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Post# 12202524
RE: cameron lake gold deposit
RE: cameron lake gold deposit Old clippings:
Sept 6,2006
As previously announced, Nuinsco expects near-term news from its programs on
the following projects:
- Minago, Lac Rocher and Mel (nickel): The Company continues to evaluate the
potential to spin-off its Minago, Mel and Lac Rocher projects to create a pure-
play nickel company before the end of the year. A scoping study on the Minago
deposit is nearing completion and assays are pending on a 2,000 metre, 15-hole
drill program to delineate a National Instrument 43-101-compliant resource at
Lac Rocher in Quebec.
- Corner Bay (copper): In conjunction with Campbell Resources Inc., Nuinsco is
moving ahead with development of the Corner Bay copper deposit. Full
production is expected approximately 12 months following the start of
construction which is targeted for October.
- Cameron Lake (gold): With approximately $24 million in underground
development completed, the Cameron Lake project has tremendous potential for
near-term gold production. A dewatering permit is expected by November and
Nuinsco is evaluating the acquisition and delivery of a mill.
- Diabase Peninsula (uranium): The most recent phase of drilling to follow up
on positive indicators from the last drill program at the Diabase Peninsula
uranium project in northern Saskatchewan's Athabasca basin is continuing.
Results are expected to be available for release soon.
- Berta copper-gold and Elmalaan (copper-zinc): Drilling on the Berta copper-
gold porphyry and Elmalaan copper-zinc VMS property, both in northeastern
Turkey, is expected to begin shortly.
THe Cameron lake gold play could be part of the news but thats pure speculation on my part.