(TheNewswire)
Toronto – TheNewswire - December 15, 2021 – Nuinsco Resources Limited (“ Nuinsco ” or the “ Company ”) (CSE:NWI ) , (CNSX:NWI.CN), (OTC:NWIFF), ( www.nuinsco.ca) today announced continued positive results from extended ground geophysics conducted on the Sunbeam high-grade gold property (“ Sunbeam ” or the “ Property ”) near Atikokan in north-western Ontario. The surveys were conducted to expand coverage along strike from previously identified anomalous target-trends, associated with widespread and high-grade gold mineralization, obtained from earlier geophysical surveys conducted on the project.
“The expanded geophysical surveys at Sunbeam have considerably extended coverage on the extensively gold mineralized Sunbeam-Roy Trend as well as commencing coverage along the equally well mineralized, subparallel Pettigrew Trend to the north. The results indicate the presence of extensive, prospective terrane along 4.5 kilometres of strike on the combined, historic Sunbeam and Roy trends as well as extending between the two, and along more than one kilometre on the Pettigrew Trend; all anomalous trends remain open along strike. We now consider the geology of the entire package underlying the south part of the Sunbeam project to be prospective, gold-mineralized, target terrane,” said Paul Jones, CEO. “The survey results demonstrate extension of anomalous target zones in the Road and Roy zones with further extension to the northeast. Equally importantly the WN2-Rubble high-grade gold occurrence about 1.5 kilometres to the north is underlain by a strong chargeability trend that is open to both east and west. All these results provide high-priority drill ready targets for testing in drill programs.
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The survey was conducted by Simcoe Geoscience using their Alpha IP™ system; it added 2.7 kilometres of coverage along the strike of known gold-mineralized trends and for the first time at the Sunbeam Project continuous geophysical coverage was established over the gold mineralization at the Sunbeam Mine, Road Zone, and Roy Deposit and extending to the east and west, as well as commencing coverage over the Pettigrew Trend 1.5 kilometres to the north, another locus for high-grade gold mineralization