More news on Prairie Lake Nuinsco Reports 495 m Critical Elements & Phosphate Mineralization Intersection: Longest reported to date at Prairie Lake Toronto, November 24, 2021 - Nuinsco Resources Limited ("Nuinsco" or the "Company") (CSE:NWI) (www.nuinsco.ca) today announced that the infill drill core sampling program at its 100%-owned Prairie Lake project near Terrace Bay, Ontario (“Prairie Lake” or the “Project”) has produced an intersection of 495 m (starting from 2.0 m downhole) of continuous critical elements and phosphate mineralization in diamond drill hole NP0810. The intersection of rare earth elements, niobium, tantalum, and phosphate mineralization in DDH NP0810 is notable for several reasons: mineralization extends to 480 m vertically, amongst the deepest intersections obtained on the Project; the mineralization is continuous from surface to the end of the drill hole; grade of mineralization is consistent with mineralization obtained from drill holes up to one kilometre away; the drill hole is located north of the Southwest Area (“SW Area”) where a succession of 100 m-plus drill intersections have been reported recently by the Company; several of the critical elements occurring within the intersection are of sufficient grade to be of potential economic interest. The results from NP0810 plainly demonstrate the extensive continuity of mineralization throughout the Prairie Lake complex rocks, both laterally and to depth. “Drill hole NP0810 was drilled to test Jim’s Showing, near the centre of the Prairie Lake complex (see map below), and is approximately 500 m north of the centre of the SW Area where most of the sampling has been conducted this year,” said Paul Jones, Nuinsco’s CEO. “The analytical results from NP0810 reinforces our understanding of the extensive endowment of Critical Elements and phosphate mineralization in the Prairie Lake complex rocks and the implications for economic potential. Prairie Lake is a vast repository of these Critical Elements of economic interest with superb logistical attributes. As conversion of the world’s economies to increased electrification accelerates demand and prices for these Critical Elements are forecast to increase substantially; a process that has seen the price of neodymium (neodymium oxide 99.0% purity) alone increase from circa US$60/kg to circa $140/kg between August 2020 and the present (source: kitco.com).”