Nevsun Increases Mineable Reserves at Bisha by 40% Using Updated Metal Prices

Nevsun Resources Ltd. (TSX:NSU,AMEX:NSU) announced a revised minerals estimate for its Bisha mine in Eritrea.

The press release is quoted as saying:

Mine life is extended as a result of increased reserves and the waste-to-ore strip ratio increases slightly to 4.2:1. Together with the impact of increased throughput, the estimated life of mine is now 13 years, excluding any potential extensions that may result from current drill programs designed to further expand resources.

To read the full press release, click here.