Nuinsco Resources (TSE:NWI) has released an update.
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Nuinsco Resources has announced a breakthrough in the geological interpretation of its Prairie Lake Critical Minerals Project, leading to a 70% increase in the estimated size of the carbonatite host-rock, which is expected to simplify the evaluation of the resource’s potential and its future development. This update is considered to have a significant impact on the size of the phosphate and critical minerals deposit, with the site already known for high light rare earth element content.
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