RE:RE:7M sharesSunbeam Property Map included in the following news release: Nuinsco Announces Exercise of Option and Acquisition of 100% Interest in Original Sunbeam Gold Property Claims Toronto, February 2, 2021 - Nuinsco Resources Limited (“Nuinsco” or the “Company”) (CSE: NWI) today announced that that it has exercised its option to acquire a 100% interest in the mineral claims optioned in February 2018 (the "Initial Sunbeam Claims") that comprise approximately 45% of the area of the Company's 49.4 km2 Sunbeam gold property (the "Sunbeam Property" or the "Property") located 27km northeast of Atikokan in northwestern Ontario. In February, 2018, the Company entered into an option agreement (the "Agreement") to acquire 100% of the Initial Sunbeam Claims then comprising the Sunbeam Property. The Agreement granted a 2.5% net smelter return royalty held by the vendors on the Initial Sunbeam Claims, 1% of which is subject to a right to purchase for $1 million. In October 2020, the Company entered into an option agreement with a different vendor on claims adjacent to the Initial Sunbeam Claims encompassing nine additional mining claims (the "Additional Sunbeam Claims") that effectively doubled the size of the Sunbeam Property land package and significantly expanded the scope and potential of exploration targets available to Nuinsco (see news release dated October 27, 2020). The option agreement on the Additional Sunbeam Claims remains in force. "The encouraging results obtained from exploration conducted on the Sunbeam Property coupled with the presence of known gold mineralization on the Initial Sunbeam Claims meant that exercise of the option on the Initial Sunbeam Claims was the logical next step for the Company," said Paul Jones, CEO. "The Property encompasses extensive domains of gold mineralization that warrant comprehensive investigation. At least ten gold occurrences have been identified to date on the Initial Sunbeam Claims, but prospecting and sampling have further expanded identification of anomalous gold mineralization along subparallel trends that extend the full width of the Property which, with the inclusion of the Additional Sunbeam Claims, is now 30km in strike length. As reported previously the ongoing work at the Sunbeam Property also continues to produce strong, optimistic, geophysical responses, so far along a trend of more than 2,500m, associated with gold mineralization, and obvious prospective exploration targets." The Sunbeam Property encompasses numerous gold occurrences including the high-grade gold mineralization at the historic, underground Sunbeam Mine that operated between 1898 and 1905. In total, Nuinsco's Sunbeam Property consists of 113 unpatented mining claims (221 cells), covering 49.4km2, situated 27km northeast of the town of Atikokan, Ontario, and 12km southeast of Agnico Eagle's Hammond Reef gold deposit. It is easily accessible via well maintained logging roads from Hwy 11. The Project is traversed by at least three sub-parallel, northeast-trending, gold-mineralized lineaments secondary to the regionally extensive, sub-province bounding Quetico Fault. Collectively these lineaments now total approximately 30 kilometres of mineralized target domain and host 10 gold occurrences; they present an extensive exploration target that extends to all parts of the project, have seen only intermittent historic work and represent an excellent opportunity for comprehensive investigation. A number of the occurrences have returned high-grade assays from grab-samples and limited drilling while the underground Sunbeam Mine operated between 1898 and 1905 where workings extend to 100m vertically; mine records report an average grade of ~13g/t Au in the historic workings. Elsewhere historic pits and shafts have been excavated to conduct exploration at the Roy, Pettigrew and Road occurrences - all of which contain gold mineralization that merits further exploration. Previous work also identified new occurrences of strong anomalous gold mineralization from grab samples collected along the trend of the lineaments. About Nuinsco Resources Limited