Nuinsco Resources Ltd. today announced that it has commissioned a survey to expand geophysical coverage at the Sunbeam Gold Property . Both induced polarisation and magnetic methods are planned to further extend coverage along extensive, gold-mineralized linear trends that traverse the Property and that host ten gold occurrences including the high-grade Sunbeam Gold Mine. The survey will commence as soon as practicable [...]
Nuinsco Resources Ltd. today announced the expansion of its prospective gold property holdings through an option agreement to acquire a 100% interest in the Dash Lake gold project located 50 kilometres northwest of Fort Francis, Ont. in the prolifically gold mineralized Kakagi-Rowan Lake Greenstone Belt. The Project is underexplored, encompasses and is near several historic gold showings, and is easily accessible via [...]
Nuinsco Resources Ltd. today announced receipt of a detailed geophysical compilation and interpretation that has identified target domains for diamond drill testing and further surface exploration and geophysical coverage on its Sunbeam Gold property near Atikokan in north-western Ontario. The detailed interpretation provides targeting for diamond drilling and further geophysical coverage at Sunbeam that are now being [...]
Nuinsco Resources Ltd. today announced that that it has exercised its option to acquire a 100% interest in the mineral claims optioned in February 2018 that comprise approximately 45% of the area of the Company's 49.4 km2 Sunbeam gold property located 27km northeast of Atikokan in northwestern Ontario. In February, 2018, the Company entered into an option agreement to acquire 100% of the Initial Sunbeam Claims then [...]
Nuinsco Resources Ltd. today announced that a recently completed geophysical survey comprising induced polarization and magnetic methods, conducted on its Sunbeam Gold property near Atikokan in northwestern Ontario, has added further anomalous target domains associated with known, high-grade, gold mineralization for which diamond drilling is recommended. The survey expanded geophysical coverage to the east and west of the [...]
Nuinsco Resources Ltd. today announced that between October 8 and December 31, 2020 it closed a non-brokered private placement offering in several tranches, issuing 13,850,000 flow-through common shares at a price of $0.01 for gross proceeds of $138,500 and 4,500,000 units at a price of $0.01, as defined below, for gross proceeds of $45,000. The flow-through proceeds have been used to conduct a geophysical survey on the [...]
Nuinsco Resources Ltd. today announced that it has entered into an option agreement that has effectively doubled the size of the Sunbeam gold property land package and significantly expanded the scope and potential of exploration targets available to Nuinsco. The original Sunbeam gold property hosts 10 gold occurrences, including the past-producing high-grade Sunbeam gold mine and numerous localities of anomalous gold [...]
Nuinsco Resources Ltd. www.nuinsco.ca today announced that it has contracted a geophysical company to conduct induced polarization and magnetic surveys on the Sunbeam gold property , a high-grade gold project located near the town of Atikokan, northwestern Ontario. Funding for the geophysical work derives from a private placement financing by the Company that is currently in progress . Mobilization of the geophysical crew [...]
Up to 96% gold recovery from gravity processing and leach or flotation Nuinsco Resources Ltd. today announced positive results from metallurgical testing of gold-bearing material from the waste pile at the past-producing El Sid project in Egypt. These results demonstrate the effectiveness of low-cost, proven processing methods for gold recovery at El Sid. "Gold recoveries of up to 96% obtained from simple, conventional [...]
Nuinsco Resources Ltd. today announced that continued review of data from the Sunbeam Gold Project further emphasizes the abundance and quality of targets identified to date on the Project. In particular a review of historic data from the Sunbeam Mine combined with geophysical data obtained from a recently-completed, Company-commissioned, survey indicates very good target potential down-dip from the historic mine workings [...]
Gold mineralization and host-structure now known to extend below the depth-extent of historic work Nuinsco Resources Ltd. today announced that the compilation of data on the Sunbeam Gold Property , including the recently announced drill results, indicates that at least 10 gold occurrences, including the past-producing high-grade Sunbeam gold mine, occur on the 15km of strike length identified along gold mineralized trends [...]
Nuinsco Resources Ltd. today announced that the option term for the Sunbeam Gold Property near Atikokan in northwestern Ontario has been extended until 31 December, 2020 . "The Extension will allow us to increase geophysical coverage and prepare for diamond drilling on the largely untested parts of gold mineralized trends that traverse the property," said Paul Jones, CEO. Under the terms of the Extension, the optionors [...]
