Nuinsco Resources Limited · CSE:NWI
Nuinsco Resources — Rodman & Renshaw Conference 2009
24 slides from Nuinsco Resources's conference presentation, September 2009
Slide 1: Rodman & Renshaw Conference, September 2009
1 Rodman & Renshaw Conference, TSX:NWI September 2009
Slide 2: Disclaimers
2 Disclaimers Some of the statements contained in the following material may be "forward-looking statements." All statements, other than statements of historical fact, that address activities, events or developments that Nuinsco believes, expects or anticipates will or may occur in the future are fo
Slide 3: Nuinsco Resources Limited
3 Nuinsco Resources Limited Canada’s Premiere Exploration/Development Company Over 40 Years of Exploration Success Stronger Asset Base than Ever Before TSX:NWI
Slide 4: Three Value Drivers – Near Term
4 Three Value Drivers – Near Term One: Cameron Lake gold mine development/regional consolidation Two: Diabase Peninsula uranium project exploration Three: Berta copper/gold exploration TSX:NWI
Slide 5: Kenora Gold Camp
5 Kenora Gold Camp Nuinsco Leads Consolidation With the most advanced development project in the region and a mill ready to be moved, Nuinsco is strategically positioned to consolidate the Kenora Gold Camp TSX:NWI
Slide 6: Cameron Lake Area Deposits
6 Cameron Lake Area Deposits TSX:NWI
Slide 7: Cameron Lake Project
7 Cameron Lake Project Select Resources in Kenora Gold Camp Deposit In-Situ Gold Resource (oz) Category Cameron Lake 20,000 Measured 136,000 Indicated 292,000 Inferred Duport Mine 368,000 Proven & Probable 700,000 Indicated KPM Property 156,000 Measured & indicated 292,000 Inferred Dubenski 72,000 I
Slide 8: Cameron Lake Project
8 Cameron Lake Project $24 million of development Ramp to 262 m vertically Three mining levels Direct road access Resource to above 760 metres Mineralization known to extend below 760 metres Excellent potential at depth and in surrounding region TSX:NWI
Slide 9: Cameron Lake Project
9 Cameron Lake Project NI 43-101 resources: Gold Grade Category Tonnes (g/t) Measured 100,000 6.17 Indicated 648,000 6.51 Total M&I 748,000 6.47 Inferred 1,819,000 4.99 Underground development and resource shell 800 tpd mill and ancillary equipment purchased Production potential: From develo
Slide 10: Cameron Lake Project
10 Cameron Lake Project Ongoing Activities Moving crusher and ancillary equipment to site Surface stockpile of ~14,000 tonnes grading 4.46 g/t Closure plan complete, bond posted for dewatering and stockpile processing In discussion with several companies to acquire projects in the area Concl
Slide 11: Uranium Athabasca Basin, Saskatchewan
Uranium 11 Athabasca Basin, Saskatchewan Saskatchewan’s Athabasca Basin: 30%+ of historic worldwide uranium production World’s highest grade uranium district Key players include Cameco, Areva, Denison TSX:NWI
Slide 12: Diabase Peninsula Project
12 Diabase Peninsula Project 87%/13% joint venture, 22,000 hectares Named as leader in race to find the next uranium “Super Deposit” in Athabasca Basin by Manitoba- Saskatchewan Prospectors & Developers Association Recent Exploration includes 11,000 m of drilling, airborne and ground geophysic
Slide 13: Diabase Peninsula Project
13 Diabase Peninsula Project TSX:NWI
Slide 14: Berta Project
14 Berta Project Large Porphyry copper/gold/moly 15 km3 Cu anomaly 50-50 joint venture with Xstrata Largest copper anomaly in the Turkish Pontides Huge, little explored exploration target Extraordinarily anomalous copper obtained in 2007 drilling: 710 m of 0.28% Cu, 0.07 g/t Au TSX:NWI
Slide 15: Turkey
15 Turkey Northeastern Deposits TSX:NWI
Slide 16: Other Projects
16 Other Projects Elmalaan Project VMS Copper/Zinc, 100% owned Massive sulphide identified in outcrops: 30.80% Cu, 56.30% Zn Multiple intercepts of strong zinc mineralization TSX:NWI
Slide 17: Other Projects
17 Other Projects Prairie Lake Project: Ontario 100% owned Historical resource: > 180,000 tonnes grading 0.09% (2lb/t) U3O8 (and 0.25% Nb2O5) to depth of 80 m Multiple commodities – U, Ta, Nb, P, rare earths Huston Lake/Marijane Lake Project: Ontario/Manitoba JV with Temex Resources Corp
Slide 18: Strategic Investments
18 Strategic Investments Campbell Resources One of three secured lenders Eight prospective Chibougamau properties identified Efficient base metal concentrator Corner Bay 50% interest in future cash flow from high-grade Corner Bay copper deposit 10% net operating cash flow royalty on Corner
Slide 19: Strategic Investments
19 Strategic Investments Gold Hawk Resources Inc. Equity position Quality management Six months to production from financing Tremendous upside potential Coricancha Mine • Green indicates current inferred resources • Red indicates new potential mineralization • 3140m – OPEN at depth TSX:NWI
Slide 20: News Flow – Near Term
20 News Flow – Near Term Development at Cameron Lake Mine Kenora Gold Camp consolidation Exploration partner at Diabase Peninsula Exploration results at Berta Crystallizing value of Gold Hawk investment Plan forward for Chibougamau assets TSX:NWI
Slide 21: Management
21 Management René R. Galipeau Vice-Chairman, CEO & Director • 35+ years mining experience with Hudson Bay Mining, Breakwater Resources, Lac Minerals, Rio Algom Paul L. Jones President • Exploration professional with 25+ years experience with more than 20 junior companies, Nuinsco’s QP Alison Sutcli
Slide 22: Qualified Independent Board
22 Qualified Independent Board W. Warren Holmes Chairman: Engineer, • MBA, 38 years Noranda, Falconbridge; SVP Falconbridge Cdn. Mining Ops George F. Archibald: Geologist, • 40+ years experience and seven discoveries with Falconbridge & Nuinsco T. Mike Young: Metallurgist, • 45 years experience, inc
Slide 23: Going Forward
23 Going Forward Remain aggressive but protect quality assets Advance exploration projects as possible: Seek partners Generate cash from existing assets Flow-through equity Continue to advance Cameron Lake as a platform to create a new gold company TSX Symbol NWI Shares Outstanding 214 mill
Slide 24: Contact Information (TSX:NWI)
24 Contact Information (TSX:NWI) Nuinsco Resource Limited Rene Galipeau , CEO & Director (416)626.0470 rene.galipeau@nuinsco.ca Sean Stokes , VP Corporate Affairs (416)626.0470 Sean.stokes@nuinsco.ca CHF Investor Relations - Canada Robin Cook , Senior Account Manager (416)868.1079 x228 robin@chfir.c