Last C$0.02 CAD
Change Today 0.00 / 0.00%
Volume 0.0
NWI On Other Exchanges
Symbol
Exchange
OTC US
Toronto
As of 3:51 PM 05/22/13 All times are local (Market data is delayed by at least 15 minutes).

nuinsco resources ltd (NWI) Snapshot

Open
C$0.02
Previous Close
C$0.02
Day High
C$0.02
Day Low
C$0.02
52 Week High
09/20/12 - C$0.07
52 Week Low
05/1/13 - C$0.02
Market Cap
5.9M
Average Volume 10 Days
302.9K
EPS TTM
C$0.01
Shares Outstanding
295.5M
EX-Date
--
P/E TM
2.0x
Dividend
--
Dividend Yield
--
Current Stock Chart for NUINSCO RESOURCES LTD (NWI)

Related News

No related news articles were found.

nuinsco resources ltd (NWI) Related Businessweek News

No Related Businessweek News Found

nuinsco resources ltd (NWI) Details

Nuinsco Resources Limited, a natural resource company, engages in the acquisition, exploration, evaluation, and development of properties for the mining of precious and base metal deposits in Canada and internationally. The company primarily explores for gold, uranium, phosphate, rare metals, copper, and zinc ores in Saskatchewan, Ontario, and Québec, Canada; and in Turkey. It holds a 100% interests in the Diabase Peninsula Property located in the Athabasca Basin of northern Saskatchewan; 100% interests in the Prairie Lake property located in northwestern Ontario; and 50% interest in the Chibougamau mining camp in Quebec in Canada, as well as a 36% joint venture interest in the Berta project and 100% interest in the Elmalaan property, which are located in northeastern Turkey. Nuinsco Resources Limited was founded in 1977 and is headquartered in Toronto, Canada.

7 Employees
Last Reported Date: 03/28/13
Founded in 1977

nuinsco resources ltd (NWI) Top Compensated Officers

Vice Chairman and Chief Executive Officer
Total Annual Compensation: C$119.0K
President
Total Annual Compensation: C$142.4K
Chief Financial Officer and Vice President of...
Total Annual Compensation: C$91.5K
Compensation as of Fiscal Year 2011.

nuinsco resources ltd (NWI) Key Developments

Nuinsco Resources Ltd. Commences Radon Survey on the Diabase Peninsula Property

Nuinsco Resources Ltd. announced that a program of lake sediment and water sampling for radon gas has commenced on the Diabase Peninsula project in the Athabasca Basin, Saskatchewan. The current radon survey at Diabase Peninsula is the most recent program on the project where a succession of exploration programs has identified a host of geological, geochemical and geophysical characteristics indicative of a uranium mineralizing event in an environment that has been structurally prepared to host uranium deposits. The radon gas survey, being conducted by RadonEx, will map the abundance of radium present in lake-bottom sediment and near-bottom lake-water over geophysical targets within the 'Rowan Grid' area of the property. Radium distribution around a body of uranium mineralization occurs primarily due to groundwater circulation, develops subsequent to the formation of a uranium deposit and hence is a good indicator of the presence of uranium mineralization. The survey will also map out fault structures which provide conduits for groundwater migration upward and outward from such a deposit; faults which have a very high probability of having played an integral role in structurally controlling and localizing the precipitation of uranium from solution during depositional events. The 'Rowan Grid' area is located in the northeastern portion of the Diabase Peninsula property where previous ground electromagnetic and gravity surveys indicate the presence of three alteration zones in sandstone, each with dimensions of approximately 500m by 200m, spaced along the length of a sheared graphite-rich and pyrite-bearing conductor which occurs within 'basement' rock beneath the sandstone that fills the Athabasca Basin. Each target is considered highly prospective for the occurrence of uranium mineralization at and near the unconformity separating basement assemblage from the near flat lying sandstone. Widespread anomalous uranium mineralization, peaking at 707 ppm U, has been measured over kilometres of strike length along the regionally significant Cable Bay Shear Zone that underlies the entire 35km length of the Diabase Peninsula property providing indication of the pervasive and substantial mineralizing event that has affected the rocks in the area. The 21,959 hectare Diabase Peninsula Project is located approximately 5km north of the southern boundary of the Athabasca Basin in Saskatchewan.

Nuinsco Resources Ltd. to Produce Additional Prairie Lake Phosphorus Concentrate Aim to Improve Processing and Recoveries and to Evaluate Agricultural and Industrial Applications

Nuinsco Resources Ltd. reported that additional phosphorus concentrate will be produced from apatite-bearing rock obtained from its 100% owned Prairie Lake phosphorus - rare metals project in northwestern Ontario. Excellent metallurgical results obtained to date provide support for the additional testing whereby apatite concentrate will be produced for evaluation of agricultural and industrial applications. The additional test work and concentrate production is being conducted by COREM in Quebec City and will aim to optimize mineral liberation, improve apatite flotation technology and upgrade the apatite flotation concentrate. This work is part of on-going evaluation of the project that also includes studies to develop a resource from the existing 515-630 million tonne NI 43-101-compliant Exploration Target Mineralization Inventory ('ETMI') produced in 2011, development of the opportunity for niobium concentrate production and identification of commercial markets for Prairie Lake phosphorus mineralization including fertilizers and detergents which are the number one and two end-use markets for phosphates worldwide. Tests to date have produced a concentrate grade up to 34.4% phosphorus (P2O5) with acceptable levels of other elements demonstrating potential to produce a saleable concentrate using industry-standard processing methods. Results of previous metallurgical testing (by COREM) continue to indicate the ability to improve both recovery and concentrate grade. The most recent results were produced from a series of tests conducted on a 1,000kg sample grading 3.18% P2O5 (and 0.13% niobium (Nb2O5) with a specific gravity of 2.99 g/cc and a bulk density of 1.59 g/cc (after crushing to -1.7mm). Apatite is the phosphorus-bearing mineral in a rock that also contains calcite, dolomite, biotite, magnetite and rutile. The apatite contains on average 43.1% P2O5 and occurs in the form of clear, well- formed crystals up to 250 m in size.

Nuinsco Resources Ltd. Announces the Analytical Results from Berta Copper Project in Turkey

Nuinsco Resources Ltd. announced that the analytical results from DDHs SD-12-14 and SD-12-15, the third and fourth drill holes of a six-hole program on the Berta copper project in Turkey during the autumn of 2012, continue to indicate the significant scale of the Berta porphyry mineralization. Located in northeastern Turkey, Berta is reputed to be the large copper anomaly in the Turkish Pontides metals belt. Total area covered by the 17 widely-spaced drill holes completed to date is about 8 sq km. Copper has been obtained in all holes but the east side of the Berta Complex seems to provide better overall results. Drill hole SD-12-14 of the 4,720-metre 2012 program returned 488.4m grading 0.06% copper, with grades up to 0.45% copper over 1.5 metres. This hole was collared on the west side of the copper-in-soil anomaly near the north boundary of the porphyry target where it intersected phyllic altered and sulphide mineralized dacite throughout. One kilometre to the south-east DDH SD-12-15 returned 876.4 metres of 0.06% copper, including grades up to 3.76% copper over 0.2 metres. This hole intersected similarly mineralized dacite underlying the north-eastern part of the copper-in-soil anomaly. Berta is clearly a very prospective and a very large exploration target where, in addition to widespread copper, gold and silver mineralization in bedrock, locally anomalous molybdenum has also been identified at depth in some drill holes. Results from previous drill programs also returned very positive results, including DDH SD-07-08 which intersected 710.9m grading 0.28% copper and 0.07g/t gold.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
NWI:CN C$0.02 CAD 0.00

NWI Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for NWI.
View Industry Companies
 

Industry Analysis

NWI

Industry Average

Valuation NWI Industry Range
Price/Earnings 10.6x
Price/Sales -- Not Meaningful
Price/Book 0.3x
Price/Cash Flow 9.3x
TEV/Sales -- Not Meaningful
 | 

Post a JobJobs

View all jobs

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact NUINSCO RESOURCES LTD, please visit www.nuinsco.ca. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.