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nuinsco resources ltd (NWI) Snapshot

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905.7K
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295.5M
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nuinsco resources ltd (NWI) Details

Nuinsco Resources Limited acquires, explores, and evaluates properties for the mining of precious and base metals in Canada and internationally. It primarily explores for uranium, rare metals, gold, copper, zinc, molybdenum, and phosphorus ores. The company holds a 100% interest in the Diabase Peninsula property that consists of 10 contiguous claims covering an area of 21,949 hectares, located in the Athabasca Basin of northern Saskatchewan; and the Prairie Lake property, which consists of 9 claims comprising 38 claim units covering an area of 608 hectares, located in Ontario, Canada. It also holds a 50% interest in the Chibougamau mining camp located in Quebec, Canada; and the Berta property that covers an area of 15 cubic kilometers located to the south of the Black Sea coast in northeastern Turkey. Nuinsco Resources Limited was founded in 1977 and is based in Toronto, Canada.

Founded in 1977

nuinsco resources ltd (NWI) Top Compensated Officers

Chief Executive Officer, Director and Chairma...
Total Annual Compensation: C$170.6K
Chief Financial Officer and Vice President of...
Total Annual Compensation: C$73.2K
Compensation as of Fiscal Year 2013.

nuinsco resources ltd (NWI) Key Developments

Nuinsco Resources Ltd. - Shareholder/Analyst Call

Nuinsco Resources Ltd. - Shareholder/Analyst Call

Nuinsco Resources Ltd., Annual General Meeting, Jun 17, 2014

Nuinsco Resources Ltd., Annual General Meeting, Jun 17, 2014., at 16:00 US Eastern Standard Time. Location: Toronto Board of Trade. Agenda: To receive the audited consolidated financial statements of the Corporation for the financial year ended December 31, 2013, together with the report of the auditors thereon; to appoint auditors and to authorize the directors to fix their remuneration; to elect directors; to consider and, if thought appropriate, to pass a resolution to re-approve the Corporation's stock option plan and to approve, confirm and ratify all unallocated options, rights and entitlements under the Corporation's stock option plan; to consider and, if thought appropriate, to pass a resolution to re-approve the Corporation's share incentive plan and to approve, confirm and ratify all unallocated options, rights and entitlements under the Corporation's share incentive plan; and to transact such further and other business as may properly come before the Meeting or any adjournment or adjournments thereof.

Nuinsco Announces Processing of Prairie Lake Bulk Sample

Nuinsco Resources Ltd. announced that initial processing of a 30-tonne sample of carbonatite rock extracted from its Prairie Lake phosphorus - rare metals - niobium project in northwestern Ontario has commenced. Nuinsco shipped the 30-tonne sample late last year for processing by a leading US-based mineral technology company that has developed a proprietary method to cost-effectively recover certain high-value minerals including the suite of rare earth elements ("REEs") present in Prairie Lake mineralization. Now that processing has started, the next step is for the mineral technology company, which Nuinsco is working with under the terms of a non-disclosure agreement, to provide an initial report on extraction rates and cost analysis for REEs. Scheduled completion is in the first quarter of 2014. Secondary product analysis, recovery rates, and cost estimates are expected to be available in the second quarter of 2014. Samples from the processed rock have been sent to a third-party lab for independent verification of mineral/elemental content.

 

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