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Nuinsco Resources Ltd C.NWI

Alternate Symbol(s):  NWIFF

Nuinsco Resources Limited is a Canada-based multi-commodity mineral exploration and development company focused on prospective opportunities in Canada and internationally. The Company is engaged in the exploration and evaluation of properties for the mining of precious and base metals. The Company’s mineral property interests in Ontario, Canada, include the large multi-commodity (phosphate, rare earth element, niobium, tantalum) Prairie Lake Project near Marathon-Terrace Bay, the Zig Zag Lake Property (lithium, tantalum) near Armstrong optioned to First Class Metals PLC, and retains a NSR royalty on the Sunbeam Gold Property near Atikokan. The Prairie Lake project is located near Marathon, Ontario consisting of nine claims comprising of 46 mining claims (27 single cell and 19 boundary cell mining claims), encompassing 608 hectares (ha). The Sunbeam Gold Property is located about 30 km northeast of Atikokan, north-western Ontario.


CSE:NWI - Post by User

Post by stockstarkeron Feb 27, 2024 5:21pm
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Post# 35902542

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Nuinsco Reports New Analyses from Prairie Lake Critical Minerals Project, Expands Mineralized Domain by Hundreds of Metres

TheNewsWireFeb 27, 2024 1:15 PM EST

(TheNewswire)

Nuinsco Resources Limited
 

Highlights:

  • New, widespread, and strongly anomalous rare earth element (“REE”), niobium, and phosphate mineralization.

  • Analyses demonstrate grades of REE, niobium, phosphate comparable to those of mineral resource estimate (“MRE”).

  • Significant expansion of strong, near-surface mineralization to the north of the mineral resource estimate.

Toronto – TheNewswire - February 27, 2024 – Nuinsco Resources Limited (“ Nuinsco ” or the “ Company ”) (CSE:NWI ) , ( FRA:NJX) today announced analytical results from geological mapping and sampling conducted in the previously little-explored northern contact area of Prairie Lake Critical Minerals and phosphate project located near Terrace Bay, Ontario (“ Prairie Lake ” or the “Project” ).  The Project has amongst the world’s highest known light rare earth element content in apatite and contains a host of other REE bearing minerals including monazite, bastnaesite, carbocernaite/burbankite, and ancylite, as well as niobium-bearing pyrochlore, and phosphate mineralization.
 


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