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Nevsun Resources Ltd.
Summary
| Project: | Bisha | |
|---|---|---|
| Deposit: | Harema | |
| Location: | Eritrea | |
| Commodities: | Copper-Zinc-Gold-Silver | |
| Date: | 4/4/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 4-4-2017: Nevsun Resources Ltd. announces an Exploration/Drilling Update report for its Harema deposit at the Bisha project. Drilling results incl. 84.0m @ 0.80% Cu, 4.72% Zn, 0.27g/t Au, 15g/t Ag from 598m. Nevsun Resources Ltd. (TSX: NSU) (NYSE MKT: NSU | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Robert Foy (Internal) | |
| ABSTRACT: | Nevsun Resources Ltd. (TSX: NSU) (NYSE MKT: NSU) (“Nevsun” or the “Company”) is pleased to announce new assay results from on-going drilling at Harena. These results include in-fill drilling of large gaps in the resource model, as well as new results from the testing of Harena at depth. Nevsun is also pleased to report that the 6,386 line kilometre VTEM (Versatile Time Domain Electromagnetic) airborne survey has been completed over an 825 square kilometre licensed area at Bisha. Cliff Davis, Nevsun CEO, commented, “The new drilling demonstrates that the already sizeable Harena resource extends 150 metres beyond its currently modelled limits, further enhancing the potential for underground mining. We are particularly encouraged by the increasing copper content which indicates the mineralizing system is strengthening”. Mr. Davis went on to say, “The recently completed airborne survey over the Mogoraib River and Tabakin Exploration Licenses that were acquired in 2016 has highlighted a significant number of new shallow drill targets. Evaluation of the highest priority anomalies is currently underway but the full suite of targets will take years to pursue. As we have always stated, Bisha is evolving into a large VMS district with exploration still in its infancy.” | |
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