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Nevsun Resources Ltd. (TSX:NSU,NYSE MKT:NSU) has reported exploration drill results from the Harena mining license. The license is located roughly 10 kilometers south of the Bisha Mine and processing plant.Drilling has confirmed the extension of the deposit, increasing its width and extending the depth of mineralization to 400 meters.
Nevsun Resources Ltd. (TSX:NSU,NYSE MKT:NSU) has reported exploration drill results from the Harena mining license. The license is located roughly 10 kilometers south of the Bisha Mine and processing plant.Drilling has confirmed the extension of the deposit, increasing its width and extending the depth of mineralization to 400 meters.
As quoted in the press release:
Thick intervals of massive, semi-massive and stringer sulphides have been encountered up to 300 meters below hole HX-005 over a 150 meter strike length including a 58.7 meter interval in hole HX-012. These thicknesses are significantly greater than that of the historic resource and the deposit remains open to depth and along strike. Assay results for holes drilled down to approximately 200 meters below surface have been received (HX-008 to HX-020 excluding HX-021) while assay results from a deeper tier of holes (HX-022 to HX-026) are pending. Drilling is being guided by BHTEM and the massive sulphides give strong electromagnetic (EM) responses. Numerous in-hole, edge and off-hole responses have been detected and the drilling of these targets has been successful.
Nevsun CEO, Cliff Davis, said:
Our exploration program at Harena continues to be successful in demonstrating that our known resources remain open for further expansion. The Bisha area is under-explored and we will further assess Harena and the greater potential of the Bisha VMS belt.
Click here to read the Nevsun Resources Ltd. (TSX:NSU,NYSE,MKT:NSU) press release