Projects in Turkey, Egypt and Now Sudan Give Nuinsco a Solid Asset Base in the MENA Region
TORONTO, ONTARIO -- (Marketwire) -- 07/18/11 -- Nuinsco Resources Limited ('Nuinsco' or 'the Company') (TSX: NWI)(www.nuinsco.ca) today announced that it has expanded its already strong presence in the Middle East North Africa ('MENA') region by entering into an option agreement with Makaseb Holding LLC, to acquire an 85% interest in that company's Sudanese subsidiary UAE for Gold Minerals and Investment Company Ltd. ('UAE Gold'). UAE Gold owns 100% of the J. Tobar (Block 64) concession, located in northeastern Sudan that hosts the Hamil Gold Vein System, a high-grade, gold vein network that is at least 800m by 300m at surface, as well as other gold occurrences scattered around the concession.
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