Monday, September 24, 2012

Nuinsco Sells Royalty


Nuinsco Resources is selling off a royalty it has on a exploration project in the Nestor Falls area.

The 3 per cent royalty on Coventry Resources' Cameron Gold Project will be handed off to an unnamed third party for $5.1 million.

Nuinsico earned the royalty as part of a sale of the project to Conventy two years ago.