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Gold/Mining/Energy : Nuinsco Resources (NWI) -- Ignore unavailable to you. Want to Upgrade?

To: mineman who wrote (2210)	3/23/1999 9:07:00 AM
From: BLZBub	Read Replies (1) \| Respond to of 5821

News Release! No Material Changes... Wire: ISDN DateStamp: 990323 08:48:35 Corporation: NUINSCO RESOURCES LTD. Stock Symbol: NWI Dateline: TORONTO, ONTARIO Headline: NUINSCO RESPONDS TO SHARE PRICE DROP Text: Nuinsco Resources Limited President, Mr. H. Douglas Hume, reported today that there were no adverse results or material events to prompt the recent and sudden share price decline. He added that the exploration program to track the base metal mineralization is progressing as expected on the Lac Rocher project. In order to present a more complete picture for interpretation, future drilling results will be reported in batches as soon as they are available. Nuinsco Resources Limited is an exploration and development company with projects in northwestern Ontario (Rainy River) and northwestern Quebec (Lac Rocher). Both properties are 100% owned by Nuinsco. Shares of Nuinsco trade on the Toronto Stock Exchange under the symbol NWI. U.S. S.E.C. exemption: 12g3-2(b)#821846. -30- FOR INFORMATION PLEASE CONTACT: H. Douglas Hume, President Nuinsco Resources Limited (416) 626-0470 Cathy Hume or Olav Svela Hume, Kieran Inc., Investor Relations: (416) 868-1079