Nuinsco Resources Ltd. today announced the closing of a non-brokered private placement offering , issuing 8,100,000 flow-through common shares at a subscription price of $0.005 per Share for aggregate proceeds of $40,500 . Proceeds from the Private Placement will be used to advance the Company's Prairie Lake critical metals project located near Terrace Bay, Ont. Each Share will qualify as a "flow-through share" within the [...]
Nuinsco Resources Ltd. today announced a non-brokered private placement of flow-through common shares and common shares . Under the Private Placement, the Company could issue up to 100,000,000 Flow-Through Shares and/or Common Shares, dependent on investor demand, priced at $0.005. The Private Placement is expected to close on or about December 26, 2024. Proceeds from the sale of Flow-Through Shares will be used to [...]
Highlights: Extensive domains of strong niobium mineralization exposed at surface. Closely associated with phosphate and rare earth element mineralization. The domains are tens to hundreds of metres wide with grades up to 0.198% Nb Such extensive mineralization has implications for the economics of project development. Toronto, November 13, 2024 - Nuinsco Resources Ltd. today announced that ongoing study of the niobium [...]
Nuinsco Resources announced that recent fieldwork and reinterpretation of historical data from the Prairie Lake Critical Minerals and phosphate project have combined to produce an updated interpretation of the geology of the Prairie Lake Complex that expands, by approximately 70%, the carbonatite component of the Complex, potentially simplifying further development of resources. Prairie Lake, located near Terrace Bay, has [...]
Nuinsco Resources provided an update on metallurgical results from studies conducted on the Company’s Prairie Lake critical minerals and phosphate project, which indicate excellent progress towards developing a process to economically produce multiple mineral concentrates. Mr. Grant Feasby, metallurgist at P&E Mining Consulting and consultant to the Company commented: “preliminary metallurgical test work to date, at [...]
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