This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Nuinsco starts trenching at Prairie Lake 2010-06-01 11:52 ET - News Release Mr. Paul Jones reports NUINSCO LOOKS TO INCREASE 330-360 MILLION TONNE ETMI AT PRAIRIE LAKE
Nuinsco Resources Ltd. has begun a large-scale trenching program totalling over two kilometres at its 100-per-cent-owned Prairie Lake project in northwestern Ontario. This program focuses on parts of the property that to date have seen little or no systematic exploration and are not included in the 330- to 360-million-tonne exploration target mineralization inventory estimate which was announced earlier this year.
"The ETMI released in January demonstrates the huge scale and potential economic significance of this multicommodity deposit. However, with only 12 per cent of the total surface area of the Prairie Lake complex included in the ETMI, we have barely scratched the surface," said Nuinsco's president, Paul Jones. "The ambitious trenching program will provide exposure in areas of the intrusive complex where no diamond drilling whatsoever has been conducted (the north and east). Results of systematic trench sampling will be used to develop additional work plans aimed at further evaluating the subsurface potential of the project."
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