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How often does a subsidiary do better than the parent---not so dang much
ok send this to friends overseas
ernie44 welcome to NUINSCO RESOURCES LTD (TSX:NWI)
good to see you @ NWI
following mark #3 to you -
TIA
God Bless
td is playing with my shares again
take out that ,low ask
Nuinsco Res J (NWI)
0.02 ? 0.0 (0.00%)
Volume: 26,000 @ 11:00:25 AM ET
Bid Ask Day's Range
0.015 0.02 0.02 - 0.02
TSX:NWI Detailed Quote Wiki
Nuinsco Res J (NWI)
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Volume: 25,000 @ 3:54:31 PM ET
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TSX:NWI Detailed Quote Wiki
Nuinsco Res J (NWI)
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TSX:NWI Detailed Quote Wiki
Nuinsco Res J (NWI)
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Volume: 10,000 @ 3:59:16 PM ET
Bid Ask Day's Range
0.04 0.045 0.04 - 0.04
TSE:NWI Detailed Quote Wiki
Nuinsco Res J (NWI)
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Nuinsco Res J (NWI)
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Volume: 213,000 @ 3:59:59 PM ET
Bid Ask Day's Range
0.045 0.05 0.04 - 0.05
TSE:NWI Detailed Quote Wiki
Nuinsco/Ocean Partners Appoint Roland Horst as CEO of C-Bay Minerals
Industry Veteran to Lead Restructuring of Chibougamau Mining Assets
http://tmx.quotemedia.com/article.php?newsid=48459747&qm_symbol=NWI
TORONTO, ONTARIO--(Marketwire - Feb. 15, 2012) -
Nuinsco Resources Limited
("Nuinsco" or the "Company") (TSX:NWI) (www.nuinsco.ca)
and
Ocean Partners Holdings Limited
("Ocean Partners") today announced the appointment of Roland
Horst as the Chief Executive Officer of C-Bay Minerals Inc.
("C-Bay"). C-Bay, 50% owned by each of Nuinsco and Ocean
Partners, was created to advance the exploration, mining and
processing assets located in and near Chibougamau, Quebec (the
"C-Bay Assets") that were jointly acquired late last year.
Mr. Horst has over 35 years of mining industry experience as
a chief executive officer, investment banker, corporate banker
and geologist, including close to 15 years as a CEO of both
public and private companies involved in mining, development
and exploration in North and South America, Indonesia and
Europe.
The C-Bay Assets incorporate eight past-producing mines
representing 75% of total copper and gold production from the
Lac Doré Complex in northern Quebec.
The Lac Doré Complex has produced 47.6 million tons of ore
containing 1.6 billion pounds of copper and
3.2 million ounces of gold.
In addition, the C-Bay Assets include several development-stage
properties, including the partially developed high-grade
Corner Bay copper deposit, an operational 3,000 ton per day
mill and permitted tailings facility and numerous exploration
properties throughout the Chibougamau mining camp.
"The C-Bay Assets are a unique mix of exploration, development
and production projects that require a similarly unique skill
set to realize their value," said René Galipeau, Nuinsco's
Vice-Chairman and CEO.
"With a career that encompasses exploration, development,
production, M&A and project finance, Roland is the ideal person
to structure and finance these mining and exploration projects
within a new public company and take them forward to benefit
all stakeholders."
Mr. Horst holds a Masters in Business Administration from the
Richard lvey School of Business Administration, University of
Western Ontario;
a Bachelor of Law (LLB) from the University of Western Ontario;
a M.Sc. in Geology from Laurentian University;
and a B.Sc. in Geology from McGill University.
He will be based in Toronto.
About C-Bay Minerals Inc.
Jointly owned by Nuinsco and Ocean Partners,
C-Bay's land position covers 96,000 acres,
giving it a dominant position in
Quebec's Chibougamau Mining Camp.
Chibougamau is located about 500Km north of Montreal,
and copper and gold production in the camp
dates back to the early 1900s.
The following table summarizes the past producing
Lac Doré Complex mines situated on C-Bay's property package:
Mine Production
Periods Production
(tons) Cu Grade
(%) Au Grade
(oz/ton)
Historic
Resource
Portage Mine 1959-97 6,212,934 1.77 0.114 Yes
Henderson 2 Mine 1960-88 6,483,479 1.6 0.041 Yes
Henderson 1 Mine 1960-71 1,818,976 2.23 0.045 Yes
Jaculet Mine 1960-71 1,202,119 1.93 0.055 Yes
Copper Rand Mine 1960-2008 16,445,493 1.8 0.089 Yes
Mine: Shaft #3 1960s 245,000 2.15 - Yes
Copper Cliff Mine 1970-74 951,830 1.6 0.028 Yes
Cedar Bay Mine 1958-90 3,782,850 1.57 0.091 Yes
Corner Bay
The Corner Bay copper deposit is located outside of
the Lac Doré Complex, approximately 20 kilometres
from C-Bay's Copper Rand mill.
Development of the high-grade Corner Bay deposit began in 2007
for extraction of a 50,000 tonne bulk sample.
Development ceased in 2008 due to the previous operator's
deteriorating financial situation as a result of the worldwide
financial crisis.
A National Instrument 43-101-compliant estimate of resources
at Corner Bay, dated July 12, 2006, is available under
the Campbell Resources Inc. profile at
www.sedar.com.
The Corner Bay deposit remains open to depth and is a priority
near-term target.
In addition to the exploration upside, Corner Bay represents
a source of mill feed for any future Chibougamau Camp mining
plan and also has the potential to be a stand alone mining
operation.
About Ocean Partners
Ocean Partners is a privately-held company with offices in the UK, USA, Canada, China, Mongolia, South Africa, Turkey and Zambia with additional representation by agents in Istanbul, Lima, Madrid, Melbourne, Moscow, New Delhi, Santiago and Tokyo. Ocean Partners provides relationship-based trading services to miners and smelters of copper, lead and zinc concentrate as well as the secondary products of the base metal smelting industry (eg drosses, slags, reverts, residues). Ocean Partners also owns and operates copper, lead and zinc mines in Turkey as well as holding many exploration licenses there through its 50% shareholding in a local company.
About Nuinsco Resources Limited
Nuinsco is a growth-oriented, multi-commodity mineral
exploration company that is focused on world-class mineralized
belts in Canada, Turkey and Egypt.
In addition to its property holdings, Nuinsco owns common
shares in
Coventry Resources Limited (ASX:CVY) and
Victory Nickel Inc. (TSX:NI).
Shares of Nuinsco trade on the Toronto Stock Exchange
under the symbol NWI.
Please visit Nuinsco's website at
http://www.nuinsco.ca
Should you wish to receive Nuinsco news via email, please
email juliet@chfir.com
and specify "Nuinsco Resources" in the subject line.
FORWARD-LOOKING STATEMENTS: This news release contains certain "forward-looking statements." All statements, other than statements of historic fact, that address activities, events or developments that Nuinsco believes, expects or anticipates will or may occur in the future are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek," "anticipate," "believe," "plan," "estimate," "expect," and "intend" and statements that an event or result "may," "will," "can," "should," "could," or "might" occur or be achieved and other similar expressions. These forward-looking statements reflect the current expectations or beliefs of Nuinsco based on information currently available to Nuinsco. Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of Nuinsco to differ materially from those discussed in the forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on Nuinsco. Factors that could cause actual results or events to differ materially from current expectations include, among other things, failure to successfully complete financings, capital and other costs varying significantly from estimates, production rates varying from estimates, changes in world copper and/or gold markets, changes in equity markets, uncertainties relating to the availability and costs of financing needed in the future, equipment failure, unexpected geological conditions, imprecision in resource estimates, success of future development initiatives, competition, operating performance of facilities, environmental and safety risks, delays in obtaining or failure to obtain tenure to properties and/or necessary permits and approvals from government authorities in Egypt and elsewhere, and other development and operating risks. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, Nuinsco disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Although Nuinsco believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.
To view the maps associated with this press release, please visit the following link: http://media3.marketwire.com/docs/NWI1502maps.pdf.
http://tmx.quotemedia.com/article.php?newsid=48459747&qm_symbol=NWI
Thanks for the heads up...
Nuinsco Res J (NWI) fiat$0.12 UP 0.005 +4.35%
Volume: 233,500 @ 3:59:59 PM ET
Bid Ask Day's Range
0.115 0.12 0.115 - 0.12
TSE:NWI Detailed Quote Wiki
http://www.nuinsco.ca/?page=projects
Chibougamau - Nuinsco & Ocean Partners Receive Court -
Approval to Gain Ownership of Chibougamau Mining Assets -
more info on -
http://www.nuinsco.ca/?page=projects
http://www.nuinsco.ca/?page=copper
http://www.nuinsco.ca
Lake Dore Complex Mines -
have produced 47.6 million tons of ore -
containing 1.6 billion pounds of copper -
and 3.2 million ounces of Gold -
Nuinsco Res J (NWI)
0.1 ? 0.005 (5.26%)
Volume: 360,000 @ 1:31:29 PM ET
Bid Ask Day's Range
0.1 0.105 0.095 - 0.1
TSE:NWI Detailed Quote Wiki
Nuinsco Res J (NWI)
0.085 ? 0.0 (0.00%)
Volume: 107,000 @ 3:36:08 PM ET
Bid Ask Day's Range
0.08 0.085 0.08 - 0.09
TSE:NWI Detailed Quote Wiki
downsideup thank you, blue dog may have some more info? -
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68563675
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68563675
Seems more likely that conducting a multi-year effort to destroy the value that belongs in CBLRF... doesn't leave anyone thinking that thumbing a ride with pirates is an inordinately good idea ?
Interesting that CBLRF was UP today... perhaps for no reason other than relief at seeing the pirates sailing off with the prize, leaving a glimmer of hope that there might still be life left in the apparently lifeless body they left lying on the beach ?
Pirate theme day...
downsideup welcome to NUINSCO RESOURCES LTD (TSE:NWI
good to see you here
downsideup thanks, its a good Q.? -
it can't be that the 666 gov. super red cult -
harp, tesla. news media etc.
brain wash all, creating to big of weather problems for all. etc.etc. -
@ the same time ? -
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68732985
we should pray for a solution -
God Bless
So, why does it seem that no one cares... ?
Chibougamau - Nuinsco & Ocean Partners Receive Court -
Approval to Gain Ownership of Chibougamau Mining Assets -
more info on -
http://www.nuinsco.ca/?page=projects
http://www.nuinsco.ca/?page=copper
http://www.nuinsco.ca
Lake Dore Complex Mines -
have produced 47.6 million tons of ore -
containing 1.6 billion pounds of copper -
and 3.2 million ounces of Gold -
http://investorshub.advfn.com/boards/board.aspx?board_id=6959
Nuinsco Res J (NWI)
0.125 ? 0.0 (0.00%)
Volume: 0 @- ET
Bid Ask Day's Range
0.12 0.125 - - -
TSE:NWI Detailed Quote
Nuinsco & Ocean Partners Receive Court Approval to Gain Ownership
of Chibougamau Mining Assets
Value recognition from suite of exploration/mining/processing assets can now begin
http://www.nuinsco.ca/pdf/06282011.pdf
Nuinsco Provides Update on Status of Receivership Proceedings With Respect to Assets Owned by Campbell Resources Inc.
http://tmx.quotemedia.com/article.php?newsid=42383226&qm_symbol=NWI
Jun. 22, 2011 (Marketwire Canada) --
TORONTO, ONTARIO -- Nuinsco Resources Limited ("Nuinsco" or "the Company") (TSX:NWI) (www.nuinsco.ca), along with Ocean Partners Holdings Limited ("Ocean Partners") and a third company jointly owned by Nuinsco and Ocean Partners (collectively the "Companies"), today provided an update on the status of its ongoing motion in the Superior Court of the province of Quebec related to the Companies' efforts to acquire certain assets as secured creditors, including mining and processing assets, located in and near Chibougamau, Quebec (the "Assets") that were formerly owned by Les Ressources Campbell Inc. and Ressources MSV (2007) Inc. ("Campbell").
At a court hearing held on June 21, 2011, Société de développement de la Baie-James ("SDBJ") did not present a bid to acquire the Assets as it had previously indicated was possible (see news release dated May 25, 2011.) SDBJ did not oppose the motion to approve the Companies' bid to acquire the Assets; a final decision is expected to be rendered by the registrar at a hearing scheduled for Monday June 27, 2011.
About Ocean Partners
Ocean Partners is a privately-held company with offices in the UK, USA, Canada, China, Mongolia, South Africa, Turkey and Zambia with additional representation by agents in Istanbul, Lima, Madrid, Melbourne, Moscow, New Delhi, Santiago and Tokyo.
Ocean Partners provides relationship-based trading services to miners and smelters of copper, lead and zinc concentrate as well as the secondary products of the base metal smelting industry (eg drosses, slags, reverts, residues). Ocean Partners also owns and operates copper, lead and zinc mines in Turkey as well as holding many exploration licenses there through its 50% shareholding in a local company.
About Nuinsco Resources Limited
Nuinsco is a growth-oriented, multi-commodity mineral exploration company that is focused on world-class mineralized belts in Canada, Turkey and Egypt. In addition to its property holdings, Nuinsco owns common shares in Coventry Resources Limited (ASX:CVY) and Victory Nickel Inc. (TSX:NI). Shares of Nuinsco trade on the Toronto Stock Exchange under the symbol NWI.
Please visit the Company's website at www.nuinsco.ca. Should you wish to receive Company news via email, please email cathy@chfir.com and specify "Nuinsco Resources" in the subject line.
FORWARD-LOOKING STATEMENTS: This news release contains certain "forward-looking statements." All statements, other than statements of historic fact, that address activities, events or developments that Nuinsco believes, expects or anticipates will or may occur in the future, are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek," "anticipate," "believe," "plan," "estimate," "expect," and "intend" and statements that an event or result "may," "will," "can," "should," "could," or "might" occur or be achieved and other similar expressions. These forward-looking statements reflect the current expectations or beliefs of Nuinsco based on information currently available to Nuinsco. Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of Nuinsco to differ materially from those discussed in the forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on Nuinsco. Factors that could cause actual results or events to differ materially from current expectations include, among other things, failure to successfully complete financings, capital and other costs varying significantly from estimates, production rates varying from estimates, changes in world copper and/or gold markets, changes in equity markets, uncertainties relating to the availability and costs of financing needed in the future, equipment failure, unexpected geological conditions, imprecision in resource estimates, success of future development initiatives, competition, operating performance of facilities, environmental and safety risks, delays in obtaining or failure to obtain tenure to properties and/or necessary permits and approvals from government authorities in Egypt and elsewhere, and other development and operating risks. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, Nuinsco disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Although Nuinsco believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such.
Nuinsco Resources Limited
416.626.0470
416.626.0890 (FAX)
admin@nuinsco.ca
CHF Investor Relations
416.868.1079
416.868.6198 (FAX)
cathy@chfir.com
Nuinsco Provides Update on Status of Receivership Proceedings With Respect to Assets Formerly Owned by Campbell Resources Inc.
May 25, 2011 (Marketwire Canada) --
TORONTO, ONTARIO -- Nuinsco Resources Limited ("Nuinsco" or "the Company") (TSX:NWI) (www.nuinsco.ca), along with Ocean Partners Holdings Limited ("Ocean Partners") and a third company jointly owned by Nuinsco and Ocean Partners (collectively the "Companies"), today provided an update on the status of its ongoing motion in the Superior Court of the province of Quebec related to the Companies' efforts to acquire certain assets, including mining and processing assets, located in and near Chibougamau, Quebec (the "Assets") that were formerly owned by Les Ressources Campbell Inc. and Ressources MSV (2007) Inc. ("Campbell").
The Companies are secured creditors of Campbell. At a court hearing to finalize the Companies' bid to acquire the Assets, a motion was made before the registrar presiding over the proceedings on behalf of Société de développement de la Baie-James ("SDBJ") indicating that SDBJ may potentially be interested in presenting to PricewaterhouseCoopers Inc. (the "Receiver") a bid to acquire the Assets. Any such bid would then be presented for consideration by the Companies. Although the Receiver has held two previous unsuccessful bid rounds, the registrar deferred the hearing date to June 21, 2011 to allow SDBJ the opportunity to submit its bid if it so desires.
"While today's development was a surprise to all involved, it does finally provide us with a date by which we expect final resolution to this situation," said René Galipeau, Vice-Chairman and CEO of Nuinsco.
The Loi sur le développement et l'organisation municipale de la région de la Baie James, which created SDBJ, was adopted by Quebec's National Assembly on July 14, 1971. SDBJ, which self-finances its activities, has now existed for almost 40 years. Its mission is to promote, in a perspective of lasting development, economic development, the enhancement and exploitation of natural resources, other than hydroelectric resources, of the James Bay territory.
About Ocean Partners
Ocean Partners is a privately held company with offices in the UK, USA, Canada, China, Mongolia, South Africa, Turkey and Zambia with additional representation by agents in Istanbul, Lima, Madrid, Melbourne, Moscow, New Delhi, Santiago and Tokyo.
Ocean Partners provides relationship based trading services to miners and smelters of copper, lead and zinc concentrate as well as the secondary products of the base metal smelting industry (eg drosses, slags, reverts, residues). Ocean Partners also owns and operates copper, lead and zinc mines in Turkey as well as holding many exploration licenses there through its 50% shareholding in a local company.
About Nuinsco Resources Limited
Nuinsco is a growth-oriented, multi-commodity mineral exploration company that is focused on world-class mineralized belts in Canada, Turkey and Egypt. In addition to its property holdings, Nuinsco owns common shares in Coventry Resources Limited (ASX:CVY) and Victory Nickel Inc. (TSX:NI). Shares of Nuinsco trade on the Toronto Stock Exchange under the symbol NWI.
Please visit the Company's website at www.nuinsco.ca. Should you wish to receive Company news via email, please email cathy@chfir.com and specify "Nuinsco Resources" in the subject line.
FORWARD-LOOKING STATEMENTS: This news release contains certain "forward-looking statements." All statements, other than statements of historic fact, that address activities, events or developments that Nuinsco believes, expects or anticipates will or may occur in the future, are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek," "anticipate," "believe," "plan," "estimate," "expect," and "intend" and statements that an event or result "may," "will," "can," "should," "could," or "might" occur or be achieved and other similar expressions. These forward-looking statements reflect the current expectations or beliefs of Nuinsco based on information currently available to Nuinsco. Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of Nuinsco to differ materially from those discussed in the forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on Nuinsco. Factors that could cause actual results or events to differ materially from current expectations include, among other things, failure to successfully complete financings, capital and other costs varying significantly from estimates, production rates varying from estimates, changes in world copper and/or gold markets, changes in equity markets, uncertainties relating to the availability and costs of financing needed in the future, equipment failure, unexpected geological conditions, imprecision in resource estimates, success of future development initiatives, competition, operating performance of facilities, environmental and safety risks, delays in obtaining or failure to obtain tenure to properties and/or necessary permits and approvals from government authorities in Egypt and elsewhere, and other development and operating risks. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, Nuinsco disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Although Nuinsco believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such.
Nuinsco Resources Limited
416.626.0470
416.626.0890 (FAX)
admin@nuinsco.ca
CHF Investor Relations
416.868.1079
416.868.6198 (FAX)
cathy@chfir.com
Press Release Source: Nuinsco Resources Limited On Wednesday May 25, 2011, 10:09 am EDT
TORONTO, ONTARIO--(Marketwire - May 25, 2011) - Nuinsco Resources Limited ("Nuinsco" or "the Company") (TSX:NWI - News; www.nuinsco.ca), along with Ocean Partners Holdings Limited ("Ocean Partners") and a third company jointly owned by Nuinsco and Ocean Partners (collectively the "Companies"), today provided an update on the status of its ongoing motion in the Superior Court of the province of Quebec related to the Companies' efforts to acquire certain assets, including mining and processing assets, located in and near Chibougamau, Quebec (the "Assets") that were formerly owned by Les Ressources Campbell Inc. and Ressources MSV (2007) Inc. ("Campbell").
The Companies are secured creditors of Campbell. At a court hearing to finalize the Companies' bid to acquire the Assets, a motion was made before the registrar presiding over the proceedings on behalf of Societe de developpement de la Baie-James ("SDBJ") indicating that SDBJ may potentially be interested in presenting to PricewaterhouseCoopers Inc. (the "Receiver") a bid to acquire the Assets. Any such bid would then be presented for consideration by the Companies. Although the Receiver has held two previous unsuccessful bid rounds, the registrar deferred the hearing date to June 21, 2011 to allow SDBJ the opportunity to submit its bid if it so desires.
"While today's development was a surprise to all involved, it does finally provide us with a date by which we expect final resolution to this situation," said Rene Galipeau, Vice-Chairman and CEO of Nuinsco.
Nuinsco Res J (NWI)
0.16 ? 0.0 (0.00%)
Volume: 165,000 @ 3:12:18 PM ET
Bid Ask Day's Range
0.155 0.17 0.155 - 0.165
TSE:NWI Detailed Quote
Nuinsco Res J (NWI)
0.19 ? 0.01 (5.56%
Volume: 291,400 @ 2:09:10 PM ET
Bid Ask Day's Range
0.185 0.19 0.17 - 0.195
TSE:NWI Detailed Quote
Nuinsco Drilling Continues to Intersect Uranium at Diabase Peninsula Project
Uranium Values, Other Indicators Point to Potential for high-grade Mineralization
Press Release Source: Nuinsco Resources Limited On Thursday April 7, 2011, 1:28 pm EDT
TORONTO, ONTARIO--(Marketwire - April 7, 2011) - Nuinsco Resources Limited (TSX:NWI - News; www.nuinsco.ca) today announced that recent drill results grading up to 71 parts per million (ppm) uranium (U) continue to indicate the potential for high-grade uranium mineralization at its Diabase Peninsula project in Saskatchewan's Athabasca Basin.
"Uranium values exceeding 1ppm are accepted as being significant, with values exceeding 10ppm suggesting the presence of an alteration zone and the distinct possibility of a lens of high grade mineralization in the immediate vicinity," said Nuinsco President Paul Jones. "Drilling has encountered such significant uranium grades at numerous sites on the property, including our November-December 2010 program where uranium values peaked at 71ppm."
The November-December drilling tested coincident TEM and Gravity geophysical targets near to holes from a 2007-2008 drilling program which encountered highly-anomalous uranium values of up to 707ppm U (0.083% U3O8) located at or near the contact between the sandstone layer and graphite-bearing basement rocks (the "Unconformity") - the prime site for the occurrence of uranium deposits in the Athabasca Basin.
All holes in the five-hole, 2,321m program returned uranium values as follows:
-- ND10-01 encountered 14.69m of 25.29ppm U from 378-392.69m, including 71 ppm U over 2.61m immediately at the Unconformity; -- ND10-02 averaged 4.26m grading10.8ppm U below the Unconformity; -- ND10-03 cut 18m of 18.06ppm U straddling the Unconformity from 379.5- 397.5m; -- ND10-04 drilled from the same setup as ND10-03 encountered 19.25m of 11.99ppm U at the Unconformity. The final sample of the interval graded 24.8 ppm U; and, -- ND10-05 intersected1.5m grading 14.9ppm U below the Unconformity.
"These results continue to enhance our understanding of the geology at Diabase, and are sufficiently encouraging that we have begun another round of drilling," Mr. Jones added. "This 2,000m program will again concentrate on the core of the property where numerous factors point to the possibility of a nearby uranium deposit."
Analytical facilities of the Saskatchewan Research Council in Saskatoon performed the analyses in connection with the drill program. Results reported for Nuinsco's QA/QC blank and certified reference material "standard" samples, along with values determined for internal laboratory standards and duplicate analyses, allow for a very high degree of confidence in the accuracy of the results reported for the program.
Exploration work on the 21,900 hectare Diabase Peninsula Project, located approximately five km north of the southern boundary of the Athabasca Basin, has included 33 widely-spaced drill holes totaling 13,526m, airborne and ground geophysical surveys, geochemical surveys and mapping. Nuinsco is the operator, currently owns an approximate 89% interest in the property and is partnered with Trend Mining Company of Hilton Head, SC (PINK SHEETS:TRDM - News). C.A. Wagg, Manager, Canadian Exploration for Nuinsco, who acts as a QP for the project under National Instrument 43-101, has reviewed the technical contents of this press release.
Nuinsco Warrants: Expiry Pending
As a reminder to shareholders, Nuinsco closed a rights offering of units in April 2009. As part of each unit, participating shareholders received warrants. Each warrant entitles the holder to purchase one common share of the Company at a price of $0.10, and must be exercised prior to 4:00 p.m. (Toronto time) on April 23, 2011.
About Nuinsco Resources Limited
Nuinsco is a growth-oriented, multi-commodity mineral exploration and development company that is focused on uranium, copper, zinc and gold exploration and development in world-class mineralized belts in Canada, Turkey and Egypt. In addition to its property holdings, Nuinsco owns common shares in Coventry Resources Limited (ASX:CVY - News) and Victory Nickel Inc. (TSX:NI - News). Shares of Nuinsco trade on the Toronto Stock Exchange under the symbol NWI.
Nuinsco Res J (NWI)
0.205 ? -0.005 (-2.38%)
Volume: 152,694 @ 12:32:40 PM ET
Bid Ask Day's Range
0.2 0.205 0.2 - 0.215
TSE:NWI Detailed Quote
Nuinsco will be present at the PDAC miners convention in Toronto March 6 to 9 booth # 2531
http://www.pdacevents.ca/annual_convention/floorplans/floorplan_main.asp?flr_id=44&radio_checked=1
Ever notice the partner on the Diabase Uranium property?
http://www.nuinsco.ca/?page=uranium
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60187616
Nuinsco Res J (NWI)
0.225 ? -0.005 (-2.17%)
Volume: 127,250 @ 2:22:25 PM ET
Bid Ask Day's Range
0.225 0.23 0.225 - 0.23
TSE:NWI Detailed Quote
Campbell Resources Inc. (CBLRF:US)
http://tmx.quotemedia.com/quote.php?qm_symbol=CBLRF:US
Nuinsco and Ocean Partners Acquire Debt of Campbell Resources
TORONTO, ONTARIO, Jul. 21, 2010 (Marketwire) -- Nuinsco Resources Limited ("Nuinsco" or "the Company") (TSX:NWI) (www.nuinsco.ca) today announced that it, along with Ocean Partners Holdings Limited ("Ocean Partners"), through a Canadian subsidiary, has acquired the $24 million of debt of Campbell Resources Limited ("Campbell") that Nuinsco and Ocean Partners did not previously own. Nuinsco and Ocean Partners will make $4.05 million in staged payments over three years. As a result, the two companies now hold $40 million of debt, and have effectively gained control over one of Canada's major mining camps.
"It is unfortunate to have a company with such assets be victim to the effects of the financial markets, however Campbell's debt load made it impossible for them to recover in the recent financial environment. This transaction opens the door for Nuinsco and Ocean Partners to advance these assets and bring mining development and mineral exploration back to the Chibougamau area," said Rene Galipeau, Nuinsco's Vice-Chair and CEO. "The Chibougamau camp has produced more than 40 million tonnes of ore, 3 million ounces of gold and 1.5 billion pounds of copper over the years, and we believe there is much more to come from this region."
"Without the joint effort made by all the creditors, these assets would have been fragmented such that their value would have been eroded. Collectively, these assets provide the potential for significant success and we will move quickly to restructure them in a manner that allows their potential to be realized," said Siva Pillay of Ocean Partners.
About Nuinsco Resources
Nuinsco is a growth-oriented, multi-commodity mineral exploration and development company that is focused on uranium, copper, zinc and gold exploration in world-class mineralized belts in Canada, Turkey and Egypt. In addition to its property holdings, Nuinsco owns approximately 9% of the outstanding common shares of Gold Hawk Resources Inc. (TSX VENTURE:GHK) and approximately 2% of the outstanding common shares of Victory Nickel Inc. (TSX:NI). Shares of Nuinsco trade on the Toronto Stock Exchange under the symbol NWI.
About Ocean Partners
Ocean Partners is a privately held company with offices in the UK, USA, Canada, China, Mongolia, South Africa, Turkey and Zambia with additional representation by agents in Istanbul, Lima, Madrid, Melbourne, Moscow, New Delhi, Santiago and Tokyo.
Ocean Partners provides relationship based trading services to miners and smelters of copper, lead and zinc concentrate as well as the secondary products of the base metal smelting industry (eg drosses, slags, reverts, residues). Ocean Partners also owns and operates copper, lead and zinc mines in Turkey as well as holding many exploration licenses there through its 50% shareholding in a local company.
Please visit the Company's website at www.nuinsco.ca. Should you wish to receive Company news via email, please email chelsea@chfir.com and specify "Nuinsco Resources" in the subject line.
Copper Rand Copper/Gold Mine -
7,098 ounces Gold
6,777,000 pounds Copper
21,820 ounces Silver
Goal to double production to 350,000 TPY
RE: Debt restructuring - CAMPBELL RESOURCES (cblrf) (TSE:CCH) -
Twins32,
I base my opinion on the news from Nuinsco and Ocean.
These companies have now the vast majority of the debt, so they can decide the next actions.
If they wanted to liquidate Campbell, it would be useless to buy the debt. ?
To keep the company intact is the fastest way to restart the mine.
Of course this is not the first time for Campbell and Nuinsco.
Nuinsco and Ocean will get the vast majority of the new shares and company,
maybe they will sell a part of it.
by ppprecies3
11/26/2010 2:44:24 PM | | 216 reads | Post #28906512
http://www.stockhouse.com/Bullboards/MessageDetail.aspx?s=CBLRF&t=LIST&m=29037321&l=0&pd=1&r=0
Production statistics from Campbell’s operations for the most
recently completed fiscal year ended December 31, 2005,
are as follows:
Joe Mann Gold Mine (Québec)
29,431 ounces Gold
897,460 pounds Copper
21,795 ounces Silver
Ore is processed at Copper Rand mill
Copper Rand Copper/Gold Mine -
7,098 ounces Gold
6,777,000 pounds Copper
21,820 ounces Silver
Goal to double production to 350,000 TPY
General Information -
Business Description:
The Company is a gold and copper mining company operating
principally in the Chibougamau area in northern Quebec.
The two main assets of the Company are
the Joe Mann Mine and the Copper Rand Mine.
http://investorshub.advfn.com/boards/board.aspx?board_id=5397
http://investorshub.advfn.com/boards/board.aspx?board_id=6959
Nuinsco Begins Third Field Program on Gold Concessions in Eastern Desert New Gold
5 Km Strike Length of Bukari North Gold Zone Confirmed by Ground Exploration
TORONTO, ONTARIO, Jan. 19, 2011 (Marketwire) --
Nuinsco Resources Limited ("Nuinsco" or "the Company") (TSX:NWI) (www.nuinsco.ca) today announced that a third program of field exploration has begun on the Company's Bukari and Umm Samra gold concessions in the Eastern Desert of Egypt.
The purpose of the third program of field work is to expand the base of knowledge on the concession areas (see map attached: http://media3.marketwire.com/docs/NWImap0119.jpg). The new gold vein system identified by Nuinsco and announced in December (see news release dated December 13, 2010) is located at the northern extremity of the Bukari 1 occurrence, has now been named Bukari North and its five kilometre strike length has been confirmed by Nuinsco's geological team.
"Our first order of business in this third field program is to confirm the existence and strike length of the Bukari North gold zone that we had recently identified using satellite imagery," said Paul Jones, President. "The Bukari North gold zone has now been traced by mapping and sampling for five kilometres along strike and comprises a system of quartz veins in narrow ductile shears cutting the same Precambrian age, medium grained granodiorite host rocks as Bukari 1."
In addition, the Bukari 1 gold occurrence has been revisited and work is now underway at Talat Gadalla, a previously identified and named gold showing on the Bukari Concession Area. A number of other of the 13 named, but essentially unexplored, gold occurrences on the Bukari Concession Area will be visited for initial evaluation. Several of these occurrences are sites of past gold production in Phaoronic, Roman and possibly Byzantine times.
The principle Bukari North vein system strikes 210 degrees dips sub-vertically and occurs within a zone up to 100 metres thick. In places a second vein set strikes 165 degrees and also dips sub-vertically. Individual veins consist of quartz +/- calcite +/- barite +/- limonite within an often strongly weathered, soft, friable and bleached granodiorite host rock. In places, the veins and host granodiorite exhibit malachite and azurite mineralization. In several areas, trenches, deep pits and adits extending tens of metres underground have been discovered dating from Phaoronic and/or Roman mining periods. Approximately 70 samples have been taken from the Bukari North vein system to date, the results of which when available, will be used to guide future, systematic exploration.
Bukari (1,480 Km2) and Umm Samra (790 Km2) are located about 50 kilometres northwest of Centamin Egypt Limited's flagship multi-million ounce Sukari Gold Mine which is being expanded to increase production to about 500,000 oz per year over the next three years. The concessions are easily accessible by paved highway.
All exploration work is supervised by Paul Jones, President, who acts as QP under National Instrument 43-101 and has reviewed and approved the contents of this news release.
For the benefit of shareholders, the Company has posted a review of its 2010 developments and plans for 2011 on its website at http://nuinsco.ca/pdf/CWB%281%29%20letter%20to%20shareholders%202010-2011%20final.pdf The Company was also featured on "Market Call Tonight" on BNN on January 7, 2011 http://watch.bnn.ca/#clip398463
About Nuinsco Resources Limited
Nuinsco is a growth-oriented, multi-commodity mineral exploration and development company that is focused on gold, uranium, rare metals, copper and zinc exploration in world-class mineralized belts in Canada, Turkey and Egypt. In addition to its property holdings, Nuinsco owns common shares in Coventry Resources Limited (ASX:CVY) and Victory Nickel Inc. (TSX:NI). Shares of Nuinsco trade on the Toronto Stock Exchange under the symbol NWI.
Please visit the Company's website at www.nuinsco.ca. Should you wish to receive Company news via email, please email nadine@chfir.com and specify "Nuinsco Resources" in the subject line.
http://tmx.quotemedia.com/article.php?newsid=37612861&qm_symbol=NWI
Nuinsco Res J (NWI) fiat$0.27 UP $0.02 +8.00%
Volume: 2,195,959 @ 3:57:58 PM ET Strong Demand
Bid Ask Day's Range
0.265 0.27 0.26 - 0.27
TSE:NWI Detailed Quote
Here is the link to Smedley on BNN -
http://watch.bnn.ca/#clip398463
3:37 mark
I'm not asking for a prediction, just an opinion. Nice jump today still gonna wait before I test the waters.
Nuinsco Res J (NWI)fiat $0.24 UP $0.065 +37.14%
Volume: 9,841,323 @ 3:45:36 PM ET Strong Demand
Bid Ask Day's Range
0.235 0.24 0.2 - 0.255
Full TSE:NWI Quote
Its a fiat peanut bargain for hard asset Gold treasures play
..whats the likelyhood this thing becoming a 5 - 10 bagger
in the next year.
Saw this stock on TV last week and it got my attention.
Any help would be great....
the sec.com has taken away Peoples right
to make predictions -
the want to hunt defense less small investors -
or look at XXX -
mark1717 welcome to NUINSCO RESOURCES LTD (TSE:NWI) -
please, do your on dd....
or ask your broker -
the sec.com has taken away Peoples right
to make predictions -
the want to hunt defense less investors -
or look at XXX -
NYBOB, whats the likelyhood this thing becoming a 5 - 10 bagger in the next year. Saw this stock on TV last week and it got my attention. Any help would be great.
Nuinsco Res J (NWI) fiat $0.175 UP $0.01 +6.06%
Volume: 217,370 @ 1:59:57 PM ET
Bid Ask Day's Range
0.17 0.175 0.17 - 0.175
Full TSE:NWI Quote
Nuinsco Res J (NWI) fiat$0.245 UP $0.075 +44.12%
Volume: 3,934,520 @ 3:59:38 PM ET strong demand
Bid Ask Day's Range
0.24 0.25 0.17 - 0.25
World Bank chief calls for new gold standard -
HONG KONG (MarketWatch) –-
The president of the World Bank said in a newspaper editorial Monday that;
the Group of 20 leading economies should consider adopting
a global reserve currency based on gold as part of structural
reforms to the world’s foreign-exchange regime...
http://www.marketwatch.com/story/world-bank-chief-calls-for-new-gold-standard-2010-11-07?dist=beforebell
Morning Update/ Market Thread 11/4 QE2 and YOU!
Good Morning,
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56325474
by tickettoride thanks good info
Member Profile tickettoride
Official US Deficit Put At Staggering $202 Trillion -
the fiat$ bankrupt -
http://www.eutimes.net/2010/08/official-us-deficit-put-at-staggering-202-trillion/
The Birth of the U.S. Federal Reserve Bank - How usury destroyed America
Pour a favorite beverage for yourself, sit back, listen and brush up on your history!
Where does money come from? Where does it go? Who makes it? The money magician's secrets are unveiled. Here is a close look at their mirrors and smoke machines, the pulleys, cogs, and wheels that create the grand illusion called money. A boring subject? Just wait. You'll be hooked in five minutes. It sounds like a detective story, which it really is, but it's all true. Based on Mr. Griffin's book of the same title, this address will shatter your old ideas about money and change the way you view the world. 1998 lecture.
http://video.google.com/videoplay?docid=-8484911570371055528&q=creature+jeckyll&ei=c8kMSKSjJZPE2AKU2826BA#
by PanicButton thanks good info
God Bless
Nuinsco's Initial Exploration at Bukari Gold Concession in Egypt Now Complete
Drilling Planned at Diabase Peninsula and Prairie Lake Before Year End
http://tmx.quotemedia.com/article.php?newsid=35230707&qm_symbol=NWI
Nuinsco Res J (NWI) fiat$0.15 UP $0.005 +3.45%
Volume: 906,057 @ 3:59:31 PM ET good demand
Bid Ask Day's Range
0.145 0.15 0.14 - 0.15
Full TSE:NWI Quote
Short Positions on 2010/10/15 54,500 -449,000 0.10
the gangs of shorters have to dive for cover
http://tmx.quotemedia.com/article.php?newsid=34942953&qm_symbol=NWI
just bought ~200,000 shares at 10:07 am PST so we are down just 1/2 cent for the day after going down to 13 cents earlier this morning.
I bought more NWI a couple of months ago primarily for news re Campbell's old assets. I don't plan on selling any shares until that news along with news on the other 3 properties come out.
Would be nice if Sean's MENA conference presentation is available online.
by Speed
its a long way back UP
http://investorshub.advfn.com/boards/board.aspx?board_id=6959
Nuinsco Res J (NWI)
0.14 ? -0.005 (-3.45%)
Volume: 645,996 @ 1:08:53 PM ET
Bid Ask Day's Range
0.14 0.145 0.13 - 0.14
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NUINSCO RESOURCES LTD
Business Description:
A natural resource company engaged in the acquisition,
exploration and development of precious and base metal deposits.
Address:
940 The East Mall, Suite 110, Toronto,
ON, CN M9B 6J7
Telephone:
(416) 626-0470
Website:
http://www.nuinsco.ca www.ivarkreuger.com/metalcharts.htm
its a long bull ride back UP
Facsimile:
(416) 626-0890
Email:
nuinsco@direct.com
Welcome to join and enjoy NUINSCO RESOURCES LTD -
InvestorsHub forum...
tell us your opinion and
ask your questions...
Imo. Tia.
Brgds.
Bob
More info about Gold & Silver Poducers -
http://tinyurl.com/fwac7
http://tinyurl.com/zdggd
Precious Metals Spot Price's -
Money Masters: Federal Reserve History part 1 of 3
http://video.google.com/videoplay?docid=8442305921010099392&q=conspiracy
Money Masters: Federal Reserve History part 2 of 3
http://video.google.com/videoplay?docid=5020331178524208549&q=conspiracy
Money Masters: Federal Reserve History part 3 of 3
http://video.google.com/videoplay?docid=6666372716915416357&q=conspiracy
A good presentation of market is explaned -
in below link -
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http://www.ipetitions.com/petition/AFTF_P_1/
http://www.goldrush21.com/
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