Nuinsco Resources Limited has over 50 years of exploration success and is a growth oriented, multi-commodity mineral exploration and development company focused on prospective opportunities in Canada and internationally. Currently the Company has three properties in Ontario – the high-grade Sunbeam gold prospect near Atikokan, the large, multi-commodity (rare-earths, niobium, tantalum, phosphorus) Prairie Lake project near Terrace Bay, and the Dash Lake gold project near Fort Frances. In addition, Nuinsco has completed an agreement to exploit gold-mineralized dumps and tailings at the el Sid project in Egypt – a project with the potential to provide near-term revenue.

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Nuinsco Timeline

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 uranium 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 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 Exploration Target (ET) 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 Prairie Lake ET increased to 515-630 million tonnes.
Nuinsco and Ocean Partners complete transfer of ownership of Chibougamau assets to CBay.
2012 Nuinsco sells Cameron Lake project royalty for cash proceeds of US$5.1 million.
Nuinsco acquires 100% of option on Diabase Peninsula uranium property.
2013 Nuinsco makes strategic investment in Victory Nickel Inc.
2014 Victory Nickel Inc. loan converted to direct interest in frac sand cash flows.
2017 Nuinsco acquires the Sunbeam gold property through option.
Minority interest in CBay is divested for cash and debt.
2018 Nuinsco divests interest in the Diabase Peninsula property.
Nuinsco enters into agreement to evaluate and subsequently exploit the El Sid gold project in Egypt.
2020 Additional claims optioned surrounding the Sunbeam Property - doubling Nuinsco’s land holdings.
2021 Nuinsco exercises its option on the original Sunbeam gold property.
Dash Lake gold project near Fort Frances optioned.

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