Nuinsco Resources has intersected 0.957% niobium (Nb2O5) and 8.68% phosphorous (P2O5) grading 0.118% Nb2O5 and 3.41% P2O5 over 246m through diamond drilling at the Prairie Lake rare metals project in Northern Ontario.
The exciting results confirm the potential of resources in the Prairie Lake. This niobium grade can be compared with the grade obtained by Commerce Resources at Upper Fir carbonatite deposit, BC. The eminence of the Prairie Lake is increased by the encouraging phosphorous, tantalum and rare earth element results along with the nearby power, road, rail and shipping services.
Nuinsco is aggressively developing the recovery process testing program on the project, because of identifying major mineralization at Prairie Lake and the exploration results received till date. Historically, simple quarry mining methods has been used to excavate the Prairie Lake and above 23% P2O5 can be produced using low cost flotation methods. In order to estimate the niobium production, the testing program will be extended.
During November and December 2010, drilling has taken place for about 4,000m in the west part of the Prairie Lake Complex. The recent first hole trenching results show the mineralization of niobium and phosphorus, also REEs and tantalum. This signifies good potential to increase the present Exploration Target Mineralization Inventory, which calculates between 330 and 360 million tonnes.
Source: http://www.nuinsco.ca/