Nevsun Increases Indicated Resource Tonnes by 29% and Contained Copper by 22%

Nevsun Resources Ltd. (TSX:NSU, NYSEMKT:NSU) announced that the maiden open pit mineral resource estimates for the two satellite copper deposits, Hambok and Northwest Zonedeposits, and the updated mineral reserve estimates for the Bisha Main and Harena open pit mines.

According to the company’s press release:

• Bisha tenements indicated resources of contained copper increases by 22% to 1.4 billion pounds
• Bisha tenements indicated resources of contained zinc increases to 3.2 billion pounds
• Bisha pit supergene contained copper increases 1% in probable reserve, even after 2013 depletion
• All deposits remain open to further resource expansion

CEO Cliff Davis commented:

The addition of new resources at Hambok and the Northwest Zone is an exciting first step to expanding the resource base at Bisha. All four Bisha deposits are open with extensions that we have yet to define.  We also look forward to further exploration success and unlocking the potential in the Bisha VMS camp.

Click here to see the full press release.