More encouraging news for the Sunbeam gold property located 27 kilometres northeast of Atikokan.
Nuinsco Resources is exercising its option to acquire a 100% interest in the mineral claims that make up about 45% of the property.
The claims were optioned in February 2018.
CEO Paul Jones says the decision was the logical next step given the encouraging results obtained from recent exploration on the property coupled with the presence of known gold mineralization on the initial Sunbeam claim.
Jones says the site encompasses extensive domains of gold mineralization that warrant comprehensive investigation.
He adds at least ten gold occurrences have been identified to date on the initial Sunbeam claims, but prospecting and sampling have unveiled expanded gold mineralization opportunities.
Jones says ongoing work at the property continues to produce strong, optimistic, geophysical responses and obvious prospective exploration targets.
