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OVER 40 YEARS OF
EXPLORATION SUCCESS
•1970
Management group takes control of “New Insco Mines Ltd.”
•1971
Hebecourt, 1.2 million ton copper rich deposit discovered
in Noranda, Quebec.
•1973
Uranium exploration begins at Prairie Lake.
•1979
Nuinsco Resources Ltd. is successor to New Insco Mines Ltd.
•1981
Work begins at Cameron Lake gold deposit, Kenora.
•1983
Gold resource identified at Cameron Lake.
•1987
Aldermac 7 and 8 zones (Cu/Zn/Au/Ag) discovered near
Rouyn-Noranda, Quebec.
•1994
Rainy River deposit, 17 Zone (Au) discovered.
•1995
Rainy River deposit, 34 Zone (Ni/Cu/Au/PGE) discovered.
•1999
Lac Rocher Ni deposit discovered in Quebec.
•2000
Mel sulphide nickel property, Manitoba, optioned from Inco Limited.
•2001
Minago sulphide nickel property, Manitoba, acquired from
Black Hawk Mining.
•2004
Nuinsco expands into Turkey (Berta Cu/Au porphyry) and
Saskatchewan (Diabase Peninsula property).
•2005
Second Turkish property optioned: Elmalaan (Cu/Zn VMS).
•2006
Chibougamau mining camp entered via agreement with
Campbell Resources Inc.
•2007
Nuinsco creates Victory Nickel inc. through the spin-off
of its Minago, Mel and Lac Rocher projects.
•2009
Nuinsco bids on Egyptian gold concessions Bukari and
Umm Samra.
•2010
330-360 million tonne ETMI at Prairie Lake Property announced.
Bukari and Umm Samra bid is successful.
Cameron Lake sold to Coventry Resources for $12 million
consideration.
Nuinsco and Ocean Partners gain effective control
of Chibougamau mining camp, Quebec.
•2011
Nuinsco and Ocean Partners complete transfer of ownership
of Chibougamau assets to CBay Minerals.
Prairie Lake ETMI increased to 515-530 million tonnes.
BERTA
DIABASE PENINSULA
PRAIRIE LAKE
CHIBOUGAMAU
Glance
TSX
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
1900
1700
1500
1300
1100
900
700
500
300
US$ per ounce
Source: kitco.com
Gold Price
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011 2012
450
350
250
150
50
World Phosphate Rock Pricing
US$ per mt
Source: World Bank
2007
2008
2009
2010
2011
2012
$5.00
4.00
3.00
2.00
1.00
US$ per pound
5 Year Copper Spot
Source: kitcometals.com
Who We Are
Nuinsco Resources Limited (the “Company”)
has over 40 years of exploration success and
is a growth-oriented, multi-commodity mineral
exploration company that today is focused on
world-class mineralized belts in Canada and Turkey.
In addition to its property holdings, Nuinsco owns
common shares in Coventry Resources Limited
(ASX:CVY) and Victory Nickel Inc. (TSX:NI) as well
as 50% of CBay Minerals Inc. which holds the most
prominent position in Quebec’s Chibougamau
mining camp.
Our FUTURE
…built on Our PAST
Annual Report Edition, May 2012
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