Nuinsco Resources Limited

Address:	#1802 - 80 Richmond Street West Toronto, Ontario Canada M5H 2A4
Tel No.:	(416) 626-0470
Fax No.:	(416) 626-0890
Web Site:	www.nuinsco.ca
Corporate Email:	sean.stokes@nuinsco.ca
Contact Person:	Sean Stokes
Position:	Corporate Secretary & Director of Investor Relations

COMPANY DATA

Traded Market:	TSX
Traded Symbol:	NWI
Outstanding Shares:	168 Million
52 Week High:	$ 0.57
52 Week Low:	$ 0.25
Present Price:	Click Here

INTRODUCTION

Nuinsco Resources Limited is a focused exploration company with uranium, copper, gold and zinc assets in world-class mineralized belts in Canada and Turkey. Nuinsco also has significant equity positions in near-production Victory Nickel Inc. (TSX:NI) and copper and gold producer Campbell Resources Inc. (TSX:CCH), and is poised to become a copper producer through its 50:50 joint venture with Campbell at the Corner Bay deposit. Corner Bay is expected to be in production in the third quarter of 2007.

PROJECT IN HAND

(A) URANIUM

(1) Diabase Peninsula Property, Saskatchewan, Canada

Nuinsco's Diabase Peninsula uranium project is located 150 km northwest of La Ronge, Saskatchewan on the Athabasca Basin, the region that hosts the world's largest and richest uranium mines. The 21,900-hectare property is a joint venture with Trend Mining Company of Denver. Nuinsco has completed two drill programs that returned uranium values as well as key indicator minerals associated with uranium deposits in the Basin which, combined with past drilling and other studies, points toward the local presence of unconformity style mineralization. Based on these results, Nuinsco has been named as a leader in the race to find the next uranium "Super Deposit" in the Athabasca Basin at Diabase.

Highlights include:

· Located in the Athabasca Basin, world's richest uranium belt;
· Fully vested in joint venture with Trend Mining;
· $2.5 million exploration budget in 2007;
· Significant land position - over 21,000 hectares.

(2) Prairie Lake Property, Ontario, Canada

Nuinsco recently completed drilling at its 100%-owned Prairie Lake property, located near Marathon, Ontario, which hosts a near-surface historic (non-NI-43-101-compliant) uranium resource of over 180,000 tonnes grading 0.09% U3O8 (and 0.25% niobium) identified in exploration dating from the mid-1960s. This resource has a significant value at current uranium prices and an initial 2,000 metres of drilling is planned on this large carbonatite intrusion to follow up on values from recent surface sampling of up to 0.08% U3O8 (1.656 lb/t).

Highlights include:

· 100%-owned, excellent access;
· Uranium values up to 0.08% (1.656 lb/t) from sampling in 2006;
· Historic, near-surface resource of over 180,000 tonnes grading 0.09% U3O8 and 0.25% niobium;
· Drilling completed to upgrade, expand uranium resource.

(B) COPPER-GOLD-ZINC

(1) Berta Copper-Gold Property, Turkey

Nuinsco is a 50% partner with Xstrata Copper in the Berta copper porphyry project in northeastern Turkey. 2007 drilling intersected a significant, continuous domain of strong sulphide mineralization grading up to 30.0% copper and 7.19% zinc. Copper, gold, silver and zinc values occur over the entire 771.5 metre length of hole SD-07-08 which ended in mineralization. The results in this spectacularly mineralized hole highlight the tremendous potential of the essentially unexplored Berta property, and further drilling is planned for 2007.

Highlights include:

· Located in Turkey's prolific Pontide Mountains Metallogenic Belt;
· Fully vested in 50-50 joint venture with Xstrata Copper;
· Largest copper porphyry in Turkish Pontides, covering 15 sq.km and at least 1,000 metres vertical elevation;
· Intersected grades up to 30.0% copper and 7.19% zinc.

(2) Elmalaan Copper-Zinc Property, Turkey

Nuinsco has a 100% interest in the Elmalaan copper-zinc property. The 947-hectare property is located 6 km south of the Black Sea coast and is easily accessible year-round. Previous work identified massive sulphides in outcrop and locally derived boulders that graded up to 30.38% copper and 56.30% zinc, and recent drilling intersected both massive and stringer sulphide, including 2.43% zinc, 0.50 g/t gold and 31.07 g/t silver over 10.10 metres and grading up to 10.1% zinc over 1.0 metre.

Highlights include:

· Earned 100% interest from Xstrata Copper;
· Past work identified massive sulphides in outcrop and boulders grading up to 30.38% copper and 56.30% zinc;
· Drilling returned up to 10.1% zinc and 1.88% copper;
· Excellent infrastructure, accessible year-round.

(C) GOLD

Cameron Lake Project, Ontario, Canada

Nuinsco's 100%-owned Cameron Lake Project is located near Kenora in northwestern Ontario, it hosts a NI 43-101-compliant M&I gold resource of 572,000 tonnes grading 6.51 g/t and an inferred resource of 1,012,000 tonnes grading 5.22 g/t. Approximately $24 million was spent in the 1980s by a former partner of Nuinsco to develop the mine to the 865 foot level, and drilling has demonstrated that gold mineralization extends to greater than 700 metres. Nuinsco is evaluating further drilling.

Highlights include:

· 100%-owned;
· Measured & indicated resource: 572,000 tonnes grading 6.51 g/t gold;
· Inferred resource: 1,012,000 tonnes grading 5.22 g/t gold;
· Permitting underway for dewatering and drilling.

STRATEGIC INVESTMENTS

Campbell Resources Inc. (TSX:CCH)

· Approximate 10% interest in Chibougamau, Quebec-based copper-gold producer, with option to acquire additional 20% equity interest;
· 50% carried interest in high-grade Corner Bay copper deposit;
· Corner Bay resource: measured & indicated: 446,000 tons grading 5.58% copper; inferred: 1,400,000 tons grading 6.76% copper;
· Production beginning 2007.

Victory Nickel Inc. (TSX:NI)

· 22% interest in well-funded pure-play, publicly traded nickel company;
· Over 660 million tonnes of in-situ nickel in measured & indicated resources at Minago, Mel and Lac Rocher deposits;
· Minago final feasibility study underway;
· Near-term production potential at Mel and Lac Rocher.

MANAGEMENT

Nuinsco Resources Limited's management team and Board of Directors with approximately 400 years of combined mining industry and financial expertise.

MANAGEMENT

Rene R. Galipeau, CGA, Vice-Chairman, CEO, Acting CFO and Director
Over 30 years mining experience, including senior positions with Hudson Bay Mining, Breakwater Resources, Lac Minerals and Rio Algom.

Paul L. Jones, B.Sc., P.Geo., Vice President, Exploration
Over 20 years experience, serves as Nuinsco's Qualified Person in all exploration matters.

Sean Stokes, Corporate Secretary, Director of Investor Relations
19 years communications experience, including Tiberon Minerals, Scandinavian Minerals, and Liberty Minerals.

David Mchaina, Ph.D., P.Eng., Director of Environment & Sustainable Development
More than 20 years of experience with Boliden, Westmin, and Goldcorp.

DIRECTORS

W. Warren Holmes, B.Sc., P.Eng., MBA, Chairman and Director
38 years with Noranda and Falconbridge, a mining engineer and former Senior VP, Canadian Mining Operations with Falconbridge. On several boards, including Inmet, Wallbridge, Canadian Arrow and Norcast.

George F. Archibald, M.Sc., P.Geo., Director
Former VP Exploration of Nuinsco, Mr. Archibald has seven discoveries to his credit, three with Falconbridge and four with Nuinsco.

Howard S. Barth, CA, MBA, Director
Over 25 years experience as a CA in public practice. Director of Yukon Gold.

Frank J. Crothers, Director
Chairman of Atlantic Equipment and Power, Vice-Chairman of Caribbean Utilities, and Director of Templeton Mutual Funds.

Thomas W. Judson, Director
President and CEO of T.W. Judson and Son Ltd., general contractors engaged in heavy construction, engineering and quarrying in northwestern Ontario.

David Lewis, Director
More than 20 years investment industry experience, CEO of Global Renaissance Fund, founder of Jovian Capital, former Managing Director of Altamira Securities.

Howard Stockford, P.Eng., Director
Over 40 years experience with Falconbridge and Aur Resources. Former Executive VP of Aur and a board member with Aur and Agnico Eagle. He was President of CIM from May 2003 to May 2004.

Peter Nesbitt Thomson, Director
Past CEO of Power Corporation of Canada, Chair of NCE Funds, Director of numerous companies.

T. Mike Young, P.Eng., Director
Metallurgist with 45 years experience, including Anglo American, Rio Tinto, Normandy, Diamond Fields and Falconbridge.

NEWS UPDATE

On October 3, 2007, Nuinsco Resources Limited announced that on September 26, 2007 it exercised warrants to purchase 4,000,000 common shares of Campbell Resources Inc. (TSX:CCH) at $0.10 per common share (the "Warrant Exercise").

Prior to the Warrant Exercise, Nuinsco owned 37,650,000 common shares of Campbell, representing 9.19% of the outstanding common shares of Campbell.

On September 13, 2007, Nuinsco Resources Limited announced that complete assay results are now being received from the initial phase of diamond drilling conducted in June on its 100% owned Prairie Lake Project in northwestern Ontario. Results from hole DDH NP-07-01, collared at the centre of the complex returned 0.106% U3O8 (or 2.3 lb/t) over 13.5 m (11.49 m true width).

In addition to the uranium results, the same interval in hole DDH NP-07-01 returned 9.03% phosphorous, 1,744 ppm niobium, 89 ppm tantalum and elevated rare earth element (REE) values averaging a combined 2,986 ppm for lanthanum, cerium, neodymium, samarium as well as yttrium (1 ppm equals 1 g/t). These results exhibiting the economic significance and exploration potential of the Prairie Lake intrusive complex.