The NUnit site recommends using the Assembly.CodeBase property in this particular case, which necessitates the use of bin / debug.
"Note: If you are tempted to disable the shadow copy to access files in the same directory as your assembly, you should be aware that there are alternatives. Consider using the Assembly.Codebase property rather than Assembly.Location."
.Location Uri "file:////D://Projects...", , ,
string applicationDirectory = new Uri(Path.GetDirectoryName(Assembly.GetExecutingAssembly().CodeBase)).LocalPath;