Nuinsco Resources Limited (Nuinsco) is a natural resource company engaged in the acquisition, exploration and development of precious and base metal deposits. Its exploration projects/properties are located in Canada and Turkey. As of December 31, 2007, its interests included a 70% interest in the Diabase Peninsula Property (uranium) located in the Athabasca Basin of northern Saskatchewan; a 100% interest in the Prairie Lake Complex located in northwestern Ontario; a 50% interest in the Berta Project (copper-gold) located in northeastern Turkey; a 100% interest in the Elmalaan Property (copper-zinc) in northeastern Turkey; a 99% interest in the Cameron Lake Project (gold) located in northwestern Ontario, and an entitlement to a 50% carried interest in the Corner Bay Deposit (copper) located in Chibougamau, Quebec. On February 1, 2007, Nuinsco transferred its Minago, Mel and Lac Rocher nickel project to Victory Nickel Inc. (Victory Nickel). Nuinsco continues to own approximately 22% of
(Source: ARS)
