- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Nevsun Resources Ltd. (TSX:NSU) provided an update today for its Timok copper-gold project in Serbia. According to the press release: Since closing the acquisition of the Timok Project this past June, Nevsun has been rapidly ramping up the Upper Zone pre-feasibility study (“PFS”) work. In addition, the Company, with its joint venture partner, Freeport-McMoRan, has …
Nevsun Resources Ltd. (TSX:NSU) provided an update today for its Timok copper-gold project in Serbia.
According to the press release:
Since closing the acquisition of the Timok Project this past June, Nevsun has been rapidly ramping up the Upper Zone pre-feasibility study (“PFS”) work. In addition, the Company, with its joint venture partner, Freeport-McMoRan, has commenced a 67,000 metre drilling program on the Lower Zone deposit to further define the deep porphyry potential.
Highlights
- Six drills on the Upper Zone targeting 50,000 metres of drilling
- PFS targeted to be completed in September 2017
- Exploration decline targeted to start later in Q4 2017
- US$35 to US$40 million budgeted for Upper Zone work through 2017
- Four drills on the Lower Zone targeting 67,000 metres of drilling over next 18-22 months
- US$20 million estimated for Lower Zone program
Cliff Davis, President and CEO of Nevsun stated, “A significant benefit to the Company has, and will be, the availability of local, skilled Serbian staff and contractors due to a rich mining history in country. Our Serbian team will be supplemented by Nevsun’s proven development expertise and specialist consultants. Nevsun looks forwards to mining in Serbia for decades to come.”
Outlook Reports
Featured Stocks
Browse Companies
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 2397.24 | +15.44 | |
Silver | 28.39 | -0.50 | |
Copper | 4.30 | -0.08 | |
Oil | 85.26 | -0.15 | |
Heating Oil | 2.66 | 0.00 | |
Natural Gas | 1.66 | -0.04 |
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.