RE: RE: Deadhorse Creek Rare Earth Element Project
Since Rare Earth are hot they doing some more work.
Inventory Estimated at Prairie Lake
Toronto, January 13, 2010 Nuinsco Resources Limited (www.nuinsco.ca) today January 13, 2010 announced that P&E Mining Consultants Inc.has completed an Exploration Target Mineralization Inventory (ETMI) estimate that demonstrates the huge scale and potential economic significance of Nuinsco’s 100% owned, Prairie Lake Project in northwestern Ontario.
The ETMI sets the target estimate for the two areas drill-tested to date, the SW Zone and Jim’s Showing, at between 330 and 360 million tonnes averaging 3.5% to 3.7% P2O5 and 0.12% to 0.14% Nb2O5 (1.2 to 1.4 kg/tonne). In addition to phosphorous and niobium, the suite of minerals of economic significance includes tantalum (Ta), uranium (U) and rare earth elements (REE) (including lanthanum (La),cerium (Ce), samarium (Sm), neodymium (Nd) and yttrium (Y)).
Nuinsco Resources starts trenching at Prairie Lake
2010-06-01 11:52 ET - News Release
Mr. Paul Jones reports
NUINSCO LOOKS TO INCREASE 330-360 MILLION TONNE ETMI AT PRAIRIE LAKE
Nuinsco Resources Ltd. has begun a large-scale trenching program to totaling over two kilometres at its 100-per-cent-owned Prairie Lake project in northwestern Ontario. This program focuses on parts of the property that to date have seen little or no systematic exploration and are not included in the 330- to 360-million-tonne exploration target mineralization inventory estimate which was announced earlier this year.
"The ETMI released in January demonstrates the huge scale and potential economic significance of this multi commodity deposit. However, with only 12 per cent of the total surface area of the Prairie Lake complex included in the ETMI, we have barely scratched the surface," said Nuinsco's president, Paul Jones. "The ambitious trenching program will provide exposure in areas of the intrusive complex where no diamond drilling whatsoever has been conducted (the north and east). Results of systematic trench sampling will be used to develop additional work plans aimed at further evaluating the subsurface potential of the project."