Nuinsco Resources Limited · CSE:NWI
Nuinsco Resources — Shareholder Meeting (June 2012)
29 slides from Nuinsco Resources's shareholder meeting presentation, Jun 18, 2012
Slide 1: Building on 40 Years of Exploration Success
Building on 40 Years of Exploration Success AGM June 18, 2012 Questions? TSX:NWI sean.stokes@rogers.blackberry.net
Slide 2: Disclaimers
2 Disclaimers This document contains forward-looking information. All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future constitute forward-looking information. This f
Slide 3: Nuinsco News: Restructuring of Chibougamau Mining Assets Underway
TSX:NWI vi NUINSCO NEWS 3a * Copper/GOLp * Restructuring of Chibougamau Mining Assets Underway Industry veteran Horst hired to lead CBay Minerals, fall public listing targeted Chibougamau, Quebec - The Chibougamati mining camp in northwestern Quebec is one of Canada's premier copper and gold produci
Slide 4: 2011-2012 Objectives
4 2011-2012 Objectives Create a new MENA-focused company with Egyptian and Turkish assets. Accelerate field exploration in Egypt. Continue to evaluate new project opportunities in the MENA region and elsewhere. Implement drill programs in Turkey. Continue exploration at the Diabase Peninsu
Slide 5: Paul Jones, President
5 Paul Jones President TSX:NWI
Slide 6: Diabase Peninsula Project
6 Diabase Peninsula Project 9 dispositions, 22,000 Ha in area. Covering a 35 km strike length regional conductor and the terrane- bounding Cable Bay shear zone. All claims in good standing 20+ years - new 21 year limit (2009) Multiple high priority targets defined by ground and airborne geophy
Slide 7: Diabase Peninsula Project: Property-Wide Work Summary
7 Diabase Peninsula Project Property-Wide Work Summary Rowan grid: 3 priority targets identified by geophysics and geochemistry. Only central target drill tested (2 holes) with ND0808 producing 247ppm U/0.3m a few metres above the unconformity. 2011 gravity anomalies indicate potential for silicific
Slide 8: Diabase Peninsula Project: Anomalous Drilling Results & Boulder Geochemistry
8 Diabase Peninsula Project Anomalous Drilling Results & Boulder Geochemistry TSX:NWI
Slide 9: Diabase Peninsula Project: Composite Cross-Section
9 Diabase Peninsula Project Composite Cross-Section TSX:NWI
Slide 10: Prairie Lake Project
10 Prairie Lake Project 9 unpatented mining claims (608 ha) 100% owned by NWI & royalty free Claims in good standing till June 2014 Sufficient credits to cover claims for additional 47 years Additional assessment filed expected to add additional 65 years TSX:NWI of credits
Slide 11: Prairie Lake Project: Access & Infrastructure
11 Prairie Lake Project Access & Infrastructure Pronounced circular topographic expression with relief of 5- 70m Would be amenable to low cost bulk tonnage open pit mining operation Excellent infrastructure – year round road access, 28km to Hwy 17 (Trans-Canada) and CP Rail, and 85 linear km t
Slide 12: Prairie Lake Project: Beneficiation Testing at COREM
12 Prairie Lake Project Beneficiation testing at COREM 1,000kg sample submitted to COREM in September 2011. Testing aimed at determining whether material can be produced that meet the requirements of the fertilizer industry – namely P2O5 content of >30%, CaO/P2O5 <1.6 and MgO content <1%. Earl
Slide 13: Prairie Lake Project: Beneficiation Testing at COREM
13 Prairie Lake Project Beneficiation Testing at COREM Test 35 Test 35 Test 35 Bureau of Indian Standards Conc. Conc. ‐ Conc. ‐ Test 27 Conc. (BIS) ‐ IS: 11224‐1985, Type I Type II Apatite 150+106u 106+75um after Leach reaffirmed 2003 (30.6% m (38% (38.1% (34.4% P2O5) P2O5) P2O5) P2O5) Total phospha
Slide 14: Prairie Lake Project: Beneficiation Testing at COREM
14 Prairie Lake Project Beneficiation Testing at COREM 100µm 100µm Apatite crystals in dispersion oils (transmitted light microscopy) 20 and 200µm in size, very clear, typically well liberated, often free of inclusions Inclusions - finer apatite crystals, lesser carbonate or carbon and liquid,
Slide 15: Berta Project, Turkey: Porphyry Copper-Gold Exploration
15 Berta Project, Turkey Porphyry Copper-Gold Exploration SD‐07‐08 Box 151 Berta 590.7‐595.1m Project Ankara SD‐07‐08 From (m) To (m) Interval (m) Copper (%) Gold (g/t) Silver (g/t) Zinc (%) 3.8 714.7 710.9 0.28 0.07 Including 446.2 458.1 11.9 2.18 0.13 5.9 Including 450.3 457.15 6.85 3.79 0.22 11.6
Slide 16: Berta Project, Turkey: Xstrata Work Proposal
16 Berta Project, Turkey Xstrata Work Proposal Diamond Drilling Proposed drilling program 9 holes, 7500m Drilling targeting the porphyry center Potential Mining Activity Road access payment, site opening permit, road building, royalty payment, environmental permit License Fees & Permits Tota
Slide 17: Berta Project, Turkey: Views
17 Berta Project, Turkey Views TSX:NWI
Slide 18: Roland Horst, CEO, CBay Minerals
18 Roland Horst CEO, CBay Minerals TSX:NWI
Slide 19: Chibougamau Mining Camp - Background
19 Chibougamau Mining Camp - Background Located near town of Chibougamau, Quebec, 500 Km north of Montreal Accessible by paved highway, rail, scheduled and air charter 7,500 population, long mining history First gold/copper discoveries in the early 1900s Serious mine development began in e
Slide 20: Chibougamau – CBay Production Assets
20 Chibougamau – CBay Production Assets CBay owned 50% by Nuinsco and 50% by Ocean Partners Eight past producing copper/gold mines on Lac Doré Complex: Copper Rand Cedar Bay Jaculet Portage Henderson I Henderson II Mine Shaft #3 Copper Cliff Partially developed high-grade Corne
Slide 21: CBay Production Assets
21 CBay Production Assets TSX:NWI
Slide 22: CBay Production Potential: Corner Bay
22 CBay Production Potential: Corner Bay High-grade copper $25 million spent prior to 2009 2007-2008: ramp driven to access Main Zone at 55, 75 & 105 metre levels 500 TPD to 650 TPD possible from ramp Potential for production within six months to one year Trucking to Copper Rand Mill (45
Slide 23: CBay Production Potential: Cedar Bay
23 CBay Production Potential: Cedar Bay Intersections from ’94-’95 Cedar Bay Deep Drill Program Cedar Bay Mine - Total Ore Extracted (1958 -1990) 3,782,850 T* @1.57% Cu & 0.091 oz/T Au Cedar Bay Mine – Projected Potential Development 2200’-4000’ TSX:NWI *T= short Tons
Slide 24: CBay Exploration
24 CBay Exploration Dominant land position, 96,000 acres, covering core of Lac Doré Complex Exploration upside within and adjacent to past producing mines Untested on-strike potential of ore-bearing structures Untested exploration potential, drill-ready targets elsewhere on the land package
Slide 25: CBay Exploration: Geology
25 CBay Exploration: Geology Shaft 3 Almost entirely underlain by Doré Lake Complex Dore Lake Complex is the rock mass hosting all mineralization in the mining camp Principal ore-hosting structures (see map) provided corridors for metal-rich fluids driven by heat of intrusive rocks TSX:NWI
Slide 26: CBay Exploration Potential: Lac Doré Complex
26 CBay Exploration Potential: Lac Doré Complex Excellent potential in area near Copper Rand (Lac Doré South) 2002 MegaTEM survey still to be fully interpreted Good correlation between conductivity responses and known mineralization Also representative of the significant lack of exploration
Slide 27: CBay Minerals: Steps To Value Realization
27 CBay Minerals: Steps To Value Realization Overall objective: Put three mines back into production by 2016 Develop sufficient resources to feed, partially or fully, 3,000 TPD mill, possibly including custom milling Embark on exploration program to evaluate camp’s full potential Create em
Slide 28: René Galipeau, Vice-Chairman and CEO
28 René Galipeau Vice-Chairman and CEO TSX:NWI
Slide 29: 2012-2013 Objectives
29 2012-2013 Objectives Implement drilling program at Berta in Turkey Continue exploration at Diabase Peninsula uranium project Continue process testing at the Prairie Lake project and evaluate production of marketable concentrates Advance CBay projects by creating a publicly-traded company