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Nuinsco Continues Ground Geophysics on CBay Minerals' Chibougamau Gold Properties

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Nuinsco Resources Limited (NWI.TO) announced that it is continuing with additional induced polarization and magnetic geophysical surveys over CBay Minerals Inc.'s Portage Island properties in the Chibougamau mining camp in northern Quebec.

This work follows a program conducted in the autumn of 2012 from which extremely encouraging near-surface (between 9.0 metres and 122.5 metres depth) diamond drilling results were obtained.

"This new geophysics continues our work program in Chibougamau, begun in the autumn of 2012, which will see methodical exploration conducted on CBay's properties. We are beginning at Portage Island because of the very good potential to return new, exciting near-surface gold results. However, the program is camp-wide in scope and will examine the exceptional potential of this underexplored opportunity in Nuinsco's project portfolio," said Paul Jones, President.

NWI shares fell half-a-cent to $0.03.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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