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Nevsun Discovers New High Grade Copper-Gold Mineralization 500 Meters East of Timok Upper Zone
Jan. 17, 2018 08:55AM PST
Base Metals Investing Nevsun Resources Ltd. (TSX:NSU) (NYSE American:NSU) (“Nevsun” or the “Company”) is pleased to announce new assay results from ongoing exploration drilling targeting new high grade Upper Zone-style mineralization at the Timok copper-gold project (“Timok Project”) in Serbia. As quoted in the press release: Nevsun CEO, Peter Kukielski, commented, “The assay results reported today are part of …
Nevsun Resources Ltd. (TSX:NSU) (NYSE American:NSU) (“Nevsun” or the “Company”) is pleased to announce new assay results from ongoing exploration drilling targeting new high grade Upper Zone-style mineralization at the Timok copper-gold project (“Timok Project”) in Serbia.
As quoted in the press release:
Nevsun CEO, Peter Kukielski, commented, “The assay results reported today are part of the 2017 exploration program for new Timok Upper Zone style mineralization on the license covering the Upper and Lower Zone projects. While the quantum of this new discovery is still unknown, mineralization of a similar tenor could be processed at the Timok Upper Zone mill, further enhancing the already stellar project economics. These results demonstrate the tremendous upside potential of the Timok project area for additional new discoveries. At the Bor deposits five kilometers to the north, approximately144 million tonnes of HSE mineralization was mined from 27 separate bodies.”
