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

Nevsun Resources confirms high-grade copper and gold at Timok Project

Nevsun Resources confirms high-grade copper and gold at Timok Project

Nevsun Resources Ltd. [NSU-TSX, NYSE MKT] announced assay results from drilling of the Upper Zone at the company’s high-grade Timok copper-gold project located in the historic Bor mining district in eastern Serbia. These excellent results continue to confirm the continuity and the high-grade nature of the Upper Zone.

New massive and semi-massive sulphide intersections include:

    • TC150099:  248.0m @ 6.37% Cu, 3.19g/t Au, including 87.0m @ 11.95% Cu, 5.35g/t Au
    • TC150078:  300.0m @ 5.50% Cu, 3.32g/t Au, including 40.0m @ 18.83% Cu, 10.61g/t Au
    • TC150105:  220.0m @ 3.12% Cu, 3.83g/t Au, including 42.0m @ 11.11% Cu, 16.70g/t Au
    • TC150094:  188.0m @ 4.03% Cu, 4.24g/t Au, including 27.0m @ 12.21% Cu, 15.26g/t Au

Vertical holes were designed to intersect the high-grade upper portion of the mineralization at near perpendicular orientation.

Nevsun CEO, Cliff Davis, commented, “The assays reported today continue to demonstrate the high grade nature of the Timok mineralization.  These holes were drilled prior to the company acquiring its interest in the Timok Project and were recently assayed after the ownership changed.  In addition to the 30,000 metres of ongoing drilling, the results from these holes will be included in the model used to generate a new resource for the pre-feasibility study due in September 2017.”

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