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Nuinsco Resources Ltd.
Summary
| Project: | Prairie Lake | |
|---|---|---|
| Deposit: | Prairie Lake | |
| Location: | Canada | |
| Commodities: | Rare Earth-Niobium-Tantalum | |
| Date: | 6/10/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 10-6-2019: Nuinsco Resources Ltd. announces an Exploration/Drilling Update report for its Prairie Lake deposit at the Prairie Lake project. Drilling results incl. 14.93m @ 6687g/t ∑REE from 160.92m. Toronto, June 10, 2019 – Nuinsco Resources Limite | |
| Resources: | x | |
| CP/QP: | [Overall Report]: P.L. Jones (Internal) | |
| ABSTRACT: | Toronto, June 10, 2019 – Nuinsco Resources Limited (“Nuinsco” or the “Company”) (CSE: NWI) reports the identification of up to 15 metre widths in drill core of high‐grade rare earth element (REE) domains in iron‐rich carbonatite rock (ferrocarbonatite) at its 100%‐owned Prairie Lake project near Terrace Bay, Ontario. “Carbonatites contain the highest REE content of any igneous rock making them attractive exploration targets for REE mineralization, and ferrocarbonatites are usually particularly enriched with respect to REEs,” said Paul Jones, CEO of Nuinsco. “These domains are assumed to be late stage intrusions into the Prairie Lake carbonatite complex, and their presence is an indicator that other, similar intrusions are possible. As previously reported the Prairie Lake complex has unusually high concentrations of REEs in apatite, in particular neodymium oxide (Nd2 O3 ) (see news release of June 6, 2019); the REE content with high proportional Nd2 O3 content in association with other mineral commodities of economic interest in the Exploration Target (“ET”) makes it very attractive for further investigation.” Holes NP 1006 and 1007 were drilled in the southwest part of the Prairie Lake complex, an area dominated by carbonatite mineralization. | |
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