Categories: Base Metals / General Market Commentary / Precious Metals
Topics: General Base Metals / General Market Commentary / General Precious Metals

Drill Result Alert: Nevsun Resources Drills 182.3m of 4.17% Copper and 4.80 g/t Gold in Upper Zone at Timok Project

 

Drill Result Alert: Nevsun Resources Drills 182.3m of 4.17% Copper and 4.80 g/t Gold in Upper Zone at Timok Project.

This morning Nevsun (TSX: NSU)(NYSE: NSU) announced results from the Upper Zone at the Timok copper-gold project. As has been the norm the numbers were fantastic.

Below are a few of the highlights and a link to the relese:

                 Drilling continues to confirm continuity and the high-grade nature of the Upper Zone
                 New massive and semi-massive sulphide intersections include:
                 TC160121: 182.3m @ 4.17% Cu, 4.80g/t Au, including 40.5m @ 11.61% Cu, 12.9g/t Au
                 TC160119: 86.2m @ 9.47% Cu, 8.83g/t Au, including 46.5m @ 15.61% Cu, 11.29g/t Au
                 TC160117: 98.8m @ 9.82% Cu, 8.86g/t Au, including 33.0m @ 20.04% Cu, 14.35g/t Au
                 TC160114: 171.0m @ 4.94% Cu, 5.21g/t Au, including 10.5m @ 11.09% Cu, 7.82g/t Au and 24.0m @ 10.27% Cu, 6.71g/t Au,

                 and 7.5m @ 7.88% Cu, 3.78g/t Au                 

                Additional 18,500m of drilling in progress to further improve confidence in the resource

Nevsun CEO, Cliff Davis, commented, "The assays reported today represent about 25% of the planned in-fill drilling designed to confirm and upgrade the resource of the Timok Upper Zone mineralization.  The work on our Pre-Feasibility Study is progressing well. Recent meetings with both the Prime Minister of Serbia and the Minister of Mines and Energy have demonstrated the State's very strong support for international investment and in particular, the development of the Timok Project."

Detailed drill results, sections and a plan map of drill hole locations are attached to this news release.  Holes are designed to intersect the high sulphidation mineralization at 90 to 100% of true width.

To continue reading press release please click link https://www.juniorminingnetwork.com/junior-miner-news/press-releases/714-tsx/nsu/27427-nevsun-resources-drills-182-3m-of-4-17-copper-and-4-80-g-t-gold-in-upper-zone-at-timok-project.html