Nuinsco Resources Limited

Nuinsco Resources Limited

April 11, 2007 10:51 ET

Nuinsco Appoints David Mchaina as Director, Environment & Sustainable Development

Mchaina to focus on environmental, permitting and First Nations issues for Nuinsco and Victory Nickel

TORONTO, ONTARIO--(CCNMatthews - April 11, 2007) - Nuinsco Resources Limited ("Nuinsco" or the "Company") (TSX:NWI) ( today announced the appointment of Dr. David Mhina Mchaina, Ph.D, P.Eng. to the position of Director, Environment and Sustainable Development. Dr. Mchaina, who has more than 20 years of progressive technical and management experience in environmental, health and safety protection and sustainable development, will play a key role as Nuinsco and Victory Nickel advance their respective projects to production.

"David is a tremendous addition to our team as he brings a wealth of experience that will be invaluable as Nuinsco moves forward with the development of the Cameron Lake gold deposit in Ontario and Corner Bay high-grade copper project in Quebec, and as Victory Nickel completes the Minago feasibility study and evaluates near-term nickel production scenarios at the Mel deposit in Manitoba and the Lac Rocher deposit in Quebec," said Nuinsco's President Brian E. Robertson.

Dr. Mchaina is a professional engineer who received his B.Sc. and M.Sc. in mining engineering from the University of Zambia School of Mines. In 1990, Dr. Mchaina received his Ph.D. in applied science, Mining and mineral processing engineering from the University of British Columbia.

Immediately prior to joining Nuinsco, Dr. Mchaina was Manager, Environmental Affairs, Americas for Boliden Limited commencing in 1998. Previously, Dr. Mchaina held a series of progressive positions with several mining companies, including Westmin Resources Limited and Goldcorp Inc. In 2003, Dr. Mchaina was the William S. Fifye Visiting Professor in Natural Resources and Sustainable Development at the University of Western Ontario.

About Victory Nickel

Victory Nickel Inc. is a Canadian company with over 660 million pounds of in-situ nickel in National Instrument 43-101-compliant measured (154 million pounds) and indicated (511 million pounds) resources in three sulphide nickel projects: Minago and Mel on Manitoba's Thompson nickel belt, and the high-grade Lac Rocher deposit in northwestern Quebec, and an additional 530 million pounds of in-situ nickel in inferred resources. Victory Nickel is focused on becoming a producer by developing its existing properties and evaluating opportunities to expand its asset base.

About Nuinsco Resources

Nuinsco is a growth-oriented, multi-commodity mineral exploration and development company that is focused on uranium, copper, zinc, uranium and gold exploration and development in world-class mineralized belts in Canada and Turkey. In addition to its property holdings, Nuinsco owns approximately 23% of the outstanding common shares of Victory Nickel Inc. (TSX:Ni) and approximately 11% of the outstanding common shares of gold and copper producer Campbell Resources Ltd. (TSX:CCH). Shares of Nuinsco trade on the Toronto Stock Exchange under the symbol NWI.

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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