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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: John McCarthy who wrote (19924)	9/3/2006 3:43:56 PM
From: maxncompany	Read Replies (1) \| Respond to of 78408

Try again, but this time add the word "nickel" after Minago.

To: John McCarthy who wrote (19924)	9/4/2006 2:08:19 AM
From: onepath	Read Replies (1) \| Respond to of 78408

John you told me NWI made the list. Nuinsco Resources cuts 551 metres of 0.55% Ni at Minago 2006-05-25 14:03 ET - News Release Mr. Warren Holmes reports NUINSCO REPORTS HIGHER GRADE CONTINUITY AT DEPTH ON MINAGO NICKEL PROJECT Deep drilling at Nuinsco Resources Ltd.'s Minago sulphide nickel deposit continues to intersect wide zones of strong nickel mineralization, including assays at depth that are among the highest recorded to date. These positive drill results, supported by past work, give the company the confidence to proceed with a major drill program which will be required to complete a feasibility study on Minago. "Minago contains a large nickel resource, tremendous infrastructure and has the potential to be a company-builder," said chief executive officer Warren Holmes. "We are committed to seeing Minago in production as quickly as possible and this year's drilling is a significant step toward achieving this." Hole DDH NM-06-02 was collared at 10668N and 11025E on the existing mine grid, steeply inclined to intersect the centre of the Minago deposit. Assays demonstrate the strength and continuity of nickel mineralization at Minago, and are as follows (all intervals are core lengths, not true widths): Intervals From To Grade core length (m) (m) (m) Ni (%) 551.00 278.85 829.85 0.55 Including: 80.95 278.85 359.80 1.12 With subinterval 47.65 296.25 343.90 1.49 Including: 197.60 632.25 829.85 0.82 With subinterval 55.76 634.40 690.16 1.11 35.00 634.40 669.40 1.37 79.35 750.50 829.85 1.04 44.36 750.50 794.86 1.30 3.93 825.92 829.85 1.91 Nuinsco also drilled a second hole, NM-06-01, which was collared at 10663N 9512E. This hole did not flatten or deviate in the expected manner and as a result went too straight and deep to intersect the mineralized zone as planned. The hole was stopped after intersecting amphibolite and granite to the west of the known Minago deposit and no significant mineralization was identified. "With this drilling we are particularly pleased to confirm the presence of higher grade mineralization at depth," said Paul Jones, vice-president, exploration. "In addition, we continue to see good potential to add tonnage with further drilling, as hole DDH NM-06-02 ended in mineralization at 856 metres, signifying that the Minago deposit remains open at depth." About Minago The Minago project is a large sulphide nickel deposit located in the prolific Thompson nickel belt near Thompson, Man. Using a 0.4-per-cent cut-off grade, Minago has a measured and indicated resource of 29.8 million tonnes grading 0.64 per cent nickel and an additional inferred resource of 27.2 million tonnes at 0.67 per cent nickel. The project is superbly located: paved Provincial Highway 6 traverses the eastern part of the property, as does a high capacity powerline, while the rail line to the Port of Churchill is located nearby. In 2005 Nuinsco conducted a varied work program that included: diamond drilling that produced very positive results (see news in Stockwatch on May 25, 2005); metallurgical studies that indicate very favourable ore characteristics and concur with historic studies showing that a very high-grade, high-value, nickel concentrate can be produced; and an extensive verification and resampling program which reinforced confidence in historic data. The project is being supervised by Mr. Jones, vice-president, exploration for Nuinsco, who acts as qualified person under National Instrument 43-101. All analyses were performed by ALS Chemex through its Thunder Bay prep-laboratory. We seek Safe Harbor.