Page 6 - NEWS Oct2011 FALL EDITION

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6
NWI
:TSX
Nuinsco Resources Limited
Building …on a Proven Track Record
1.50% Cu/5.00 m (3.40 m)
5.11% Cu/5.80 m (3.20 m)
2.13% Cu/2.55 m (0.94 m)
7.51% Cu/2.90 m (1.60 m)
2.06% Cu/2.71 m (0.89 m)
2.02% Cu/8.23 m (3.43 m)
incl. 3.29% Cu/3.98 m (1.66 m)
2.79% Cu/12.10 m (4.41 m)
3.28% Cu/2.01 m (0.73 m)
9.27% Cu/16.15 m (6.7 m)
0.65% Cu/1.09 m (0.42 m)
2.57% Cu/1.09 m (0.41 m)
4.97% Cu/7.07 m (2.31 m)
incl. 9.27% Cu/2.87 m (0.94 m)
1.59% Cu/1.23 m (0.44 m)
3.56% Cu/8.82 m (3.05 m)
5.13% Cu/5.84 m (2.02 m)
3.18% Cu/1.93 m (0.64 m)
3.38% Cu/9.47 m (3.13 m)
1.81% Cu/2.76 m (0.85 m)
1.97% Cu/3.54 m (1.09 m)
Sur face
200 m
400 m
600 m
800 m
1000 m
0+00
2+00 S
4+00 S
6+00 S
8+00 S
10+00 S
CORNER BAY
DEPOSIT
To Be
Explored
0
200 m
Mineralized Intercepts:
Main vein/West of dyke
Main vein/East of dyke
East vein/East of dyke
L E G E N D
Results:
Copper assets (%)
5.11% Cu/5.80 m (3.20 m)
Core length (m)
Estimate true thickness (m)
N
S
CB-05-91
CB-05-92
CB-95-01
CB-05-95
CB-05-96
CB-05-93
CB-05-97
CB-05-91
CB-05-94
CB-05-98
F-44W
F-44
F-101
CB-05-97
CB-05-93
?
?
?
?
?
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.
Head frame of the past producing
Copper Rand Mine, Chibougamau
Mining Camp, Quebec.
Chibougamau
Quebec
NWI
Location
Quebec, Canada
Ownership
50%
Commodity
Multiple commodities: Au, Cu
Project Status
Exploration/Development
Chibougamau
Base Metals/Gold
CHIBOUGAMAU ASSETS
continued from page 1
N
Mine Copper Cliff
Mine Copper Rand
Mine Cedar Bay
Mine Jaculet
Lac Dore Deposit
LAKE CHIBOUGAMAU
CHIBOUGAMAU
Corner Bay Deposit
Scale 1:125,000
KILOMETRES
0
2
1
Zone S-3
Mine Bruneau
Mine Henderson l
Mine Portage
Mine Henderson ll
Hermalife Bay
LAKE
DORE
The Nuinsco/Ocean Partners property package includes:
Past Producing Mines: Nuinsco/Ocean Partners Property Package
Mine
Production Production Cu Grade Au Grade Historic
Periods
(tons)
(%)
(oz/ton)
Resource
Portage Mine
1959-97
6,212,934
1.77
0.114
Yes
Henderson 2 Mine
1960-88
6,483,479
1.60
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
1.80
0.089
Yes
Mine: Shaft #3
1960s
245,000
2.15
Yes
Copper Cliff Mine
1970-74
951,830
1.60
0.028
Yes
Cedar Bay Mine
1958-90
3,782,850
1.57
0.091
Yes
In addition to the past producers, which have exploration upside noted above, the 11,000 hectare
Nuinsco/Ocean Partners land package hosts two known signifcant exploration/development-stage
properties–Corner Bay and the Dore Lake Ramp.
Corner Bay
Campbell began development of the high-grade Corner Bay deposit in 2007 for extraction of a 50,000 ton
bulk sample. Development ceased in 2008 due to Campbell’s deteriorating fnancial situation as a result
of the worldwide fnancial crisis. A National Instrument 43-101-compliant estimate of resources at Corner
Bay, dated July 12, 2006, is available under the Campbell Resources Inc. profle at www.sedar.com.
The Corner Bay deposit remains open to depth and possibly to the south. In addition to 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 standalone mining operation.
Dore Lake Ramp
The Dore Lake Ramp was developed in 1991-92 by Westminer Canada Limited. The project currently
contains a non-NI-43-101-compliant historic copper/gold resource and will likely be drilled in connection
with deep drilling at Cedar Bay noted in the table above.
“It’s important to remember that development of Corner Bay and mining at Copper Rand ceased
not due to lack of mineral resources but rather to the global fnancial crisis. A collection of exploration/
development/mining assets of this quality doesn’t come along every day and it’s very easy to see the
tremendous value that this represents to Nuinsco shareholders,” Mr. Galipeau said. “And this is over and
above the value that a permitted concentrator and tailings facility brings to the table. Our goal is to work
closely with the town of Chibougamau and the province of Quebec to revitalize this mining camp and
bring to light this unrecognized value for local communities and Nuinsco shareholders.”
Cedar Bay
Copper Cliff
Copper Rand
Henderson
Jaculet
Portage
Cedar Bay
Copper Cliff
Copper Rand
Henderson
Jaculet
Portage
Cedar Bay
Copper Cliff
Copper Rand
Henderson
Jaculet
Portage