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copper investing

Nevsun Reports Further High and Ultra-High-Grade Upper Zone Drill Results at Timok

Written by Investing News Network
|
Feb. 27, 2017 08:43AM PST

Nevsun Resources  (TSX:NSU) (NYSE MKT:NSU) (“Nevsun” or the “Company”) is pleased to announce new assay results from on-going infill drilling of the Upper Zone at the Company’s Timok copper-gold project (“Timok Project”). HIGHLIGHTS Drilling continues to confirm continuity and the high-grade nature of the Upper Zone New massive and semi-massive sulphide intersections include: 14.58% Cu …

Nevsun Resources  (TSX:NSU) (NYSE MKT:NSU) (“Nevsun” or the “Company”) is pleased to announce new assay results from on-going infill drilling of the Upper Zone at the Company’s Timok copper-gold project (“Timok Project”).
HIGHLIGHTS
Drilling continues to confirm continuity and the high-grade nature of the Upper Zone
New massive and semi-massive sulphide intersections include:
14.58% Cu and 12.9g/t Au over 67.5m, within 6.00% Cu and 3.79g/t Au over 256.3m in TC160130
17.97% Cu and 7.59g/t Au over 46.5m, within 5.93% Cu and 2.20g/t Au over 279.0m in TC160128A
16.94% Cu and 9.44g/t Au over 22.5m, within 5.25% Cu and 4.69g/t Au over 163.5m in TC160133
13.94% Cu and 4.91g/t Au over 20.3m, within 4.96% Cu and 2.01g/t Au over 222.8m in TC160124A
Final 10,000m of planned pre-feasibility study resource drilling in progress
As quoted in the press release:

Nevsun CEO, Cliff Davis, commented, “The ultra-high-grade assays reported today are part of the in-fill drilling to confirm and upgrade the resource of the Timok Upper Zone mineralization.  This drilling is enabling the development of an improved geological and geotechnical model for the deposit that will be incorporated in our Pre-Feasibility Study.  This study is progressing well and is expected to be completed on schedule in September 2017.”

Click here to read the full text release.

pre feasibility study copper investing tsx"nsu
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