Nevsun Reources Drills 44 Meters of 1.97% Copper 9.13% Zinc 32G/t Silver at Asheli

Base Metals Investing

Nevsun Resources (TSX:NSU) has reported additional high-grade drill results at its Asheli prospect in Eritrea. The program is part of the company’s regional exploration program at the Bisha project. As quoted in the press release: New drilling demonstrates continuity of Asheli mineralization New massive sulphide intersections at Asheli include: MX-068: 44.0m @ 1.97% Cu, 9.13% …

Nevsun Resources (TSX:NSU) has reported additional high-grade drill results at its Asheli prospect in Eritrea. The program is part of the company’s regional exploration program at the Bisha project.
As quoted in the press release:

  • New drilling demonstrates continuity of Asheli mineralization
  • New massive sulphide intersections at Asheli include:
    • MX-068: 44.0m @ 1.97% Cu, 9.13% Zn, 0.36g/t Au, 32g/t Ag, including 20.0m @ 2.76% Cu, 11.04% Zn, 0.43g/t Au, 43g/t Ag
    • MX-066: 22.2m @ 2.43% Cu, 9.98% Zn, 0.33g/t Au, 35g/t Ag, including 7.50m @ 2.20% Cu, 21.42% Zn, 0.30g/t Au, 37g/t Ag
    • MX-065: 29.2m @ 2.10% Cu, 4.85% Zn, 0.46 g/t Au, 40 g/t Ag
    • Drill intercepts are estimated to be approximately 70% of the true width
  • Asheli mineralization open with further expansion potential possible
  • Numerous additional untested targets along the over 4 kilometres long trend of similar stratigraphy

Nevsun CEO Cliff Davis said:

We continue to have excellent results from our exploration programs at Bisha as demonstrated today by the assays reported from our drilling at Asheli. Asheli is a new greenfield discovery that we made on our Mogoraib River Exploration License a year ago. Attractive copper and zinc grades in massive sulphides continue to be intersected and the massive sulphide encountered in a recent hole is nearly twice as thick as our initial intercepts were. With over four kilometres of untested strike length with similar geology the potential for further discoveries on the Asheli trend looks very promising. Our exploration efforts continue to illustrate the high potential for the Bisha District to develop in a fashion similar to that of other large VMS camps worldwide.

Click here for the full press release.

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