| Announcement Date: | 2021-11-29 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Nuinsco Resources Ltd. |
| Project name: | Prairie Lake |
| Location: | Canada |
| Commodities: | Rare Earth |
| Highlight: | Drilling results incl. 602.24m @ 1621g/t REE from 2.76m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Toronto, November 29, 2021 – Nuinsco Resources Limited (“Nuinsco” or the “Company”) (CSE: NWI) today announced receipt of analyses from diamond drill hole NP1003, resulting in a continuous intersection of Critical Elements and Phosphate measuring 602.24m (from 2.76‐605m) in length in the SW Area of its 100%‐owned Prairie Lake project (the “Project”) near Terrace Bay, Ontario. The intersection from DDH NP1003 continues the succession of intersections of exceptional length from the SW Area of the project. “The remarkable result of 602.24m of mineralized rock obtained from DDH NP1003, the longest intersection to date, further highlights the exceptional opportunity presented by the Prairie Lake Project,” said Paul Jones, Nuinsco’s CEO. “A mineralized intersection of this extent, well over a third of a mile long, with no indication that the mineral endowment is diminishing with depth speaks to the extraordinary potential scope of the project. As we have previously noted the combined intersections from the SW Area now define an extensive domain of rare earth element, niobium, tantalum, and phosphate mineralized rock that is approximately one kilometre long and up to 750m wide – only part of the much larger mineralized domain on the project that remains to be fully evaluated. The project is a substantial asset to the Company” |
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