Nuinsco Resources Limited
TSX : NWI

Nuinsco Resources Limited

March 06, 2009 11:56 ET

Nuinsco Announces Appointment to Board of Directors

TORONTO, ONTARIO--(Marketwire - March 6, 2009) - Nuinsco Resources Limited ("Nuinsco" or "the Company")(TSX:NWI)(www.nuinsco.ca) is pleased to announce the appointment of Mr. Robert Wardell as a Director of the Company.

Mr. Wardell is a Chartered Accountant with over 40 years of public company management, accounting and auditing experience. Most recently Mr. Wardell served as Vice-President, Finance and Chief Financial Officer of Victory Nickel Inc. Prior to joining Victory Nickel, Mr. Wardell was a Senior Audit Partner with Deloitte & Touche LLP. Mr. Wardell also serves as a Director of Allied Nevada Gold Corp., and as a Director and Chairman of the Audit Committee of Phoenix Coal Inc. and Katanga Mining Limited.

"I'm very pleased to announce the addition of Bob Wardell to Nuinsco's Board of Directors," said Chairman W. Warren Holmes. "Bob is a very creative executive with an excellent skill set in public company operations and finance, and his addition will greatly enhance the overall effectiveness of the Board."

PDAC 2009 Snowboard Raffle Winner Announced

Nuinsco and Victory Nickel Inc. are pleased to announce that Tania Ilieva is the lucky winner of a snowboard autographed by Canadian National Snowboard Team members Jasey-Jay Anderson, Caroline Calve, Pat Farrell, Michael Lambert, Alexa Loo, Matt Morrison and Kimiko Zakreski, as well as coach and two-time Olympian Mark Fawcett.

Michael Lambert, who is also one of the stars of the upcoming CTV/MTV Canada reality drama snowboard series Over the Bolts, met delegates and signed autographs at the Nuinsco and Victory Nickel booths at the recent PDAC Convention in Toronto. A special thank you goes to our suppliers who graciously helped to sponsor Michael's appearance at the show: Artik.com, Auramet Trading LLC, BDO Dunwoody LLP and Macleod Dixon LLP, as well as everyone who made a donation at the PDAC. Congratulations to Tanya, Senior Geologist with Caracle Creek International Consulting Inc., and good luck to Canada's snowboarders in Vancouver in 2010.

About Nuinsco Resources

Nuinsco is a growth-oriented, multi-commodity mineral exploration and development company that is focused on uranium, copper, zinc and gold exploration and development in world-class mineralized belts in Canada and Turkey. In addition to its property holdings, Nuinsco owns approximately 15% of the outstanding common shares of Victory Nickel Inc. (TSX:NI), approximately 13% of the outstanding common shares of precious and base metals producer Gold Hawk Resources Inc. (TSX VENTURE:CGK) and an interest in the Corner Bay copper project owned by Campbell Resources Ltd. (TSX:CCH). Shares of Nuinsco trade on the Toronto Stock Exchange under the symbol NWI.

Please visit the Company's website at www.nuinsco.ca. Should you wish to receive Company news via email, please email catarina@chfir.com and specify "Nuinsco Resources" in the subject line.

FORWARD-LOOKING STATEMENTS: This news release contains certain "forward-looking statements." All statements, other than statements of historical fact, that address activities, events or developments that Nuinsco believes, expects or anticipates will or may occur in the future are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek," "anticipate," "believe," "plan," "estimate," "expect," and "intend" and statements that an event or result "may," "will," "can," "should," "could," or "might" occur or be achieved and other similar expressions. These forward-looking statements reflect the current expectations or beliefs of Nuinsco based on information currently available to Nuinsco. Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of Nuinsco to differ materially from those discussed in the forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on Nuinsco. Factors that could cause actual results or events to differ materially from current expectations include, among other things, failure to successfully complete financings, capital and other costs varying significantly from estimates, production rates varying from estimates, changes in world copper and/or gold markets, changes in equity markets, uncertainties relating to the availability and costs of financing needed in the future, equipment failure, unexpected geological conditions, imprecision in resource estimates, success of future development initiatives, competition, operating performance of facilities, environmental and safety risks, delays in obtaining or failure to obtain necessary permits and approvals from government authorities, and other development and operating risks. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, Nuinsco disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Although Nuinsco believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.

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