Aris Mining Corp (ARMN)

[geodan]

Dale, Thanks and NSU up bigToday, Super Rich and thick drill results today.

They are getting 40 meter intercepts that are in same general rich gold grade that Gram mines 1 meter veins, and by the way 18.83% Copper too!

Just noticed even better drill hole including 42.0m @ 11.11% Cu, 16.70g/t Au in the report.

VANCOUVER, Oct. 17, 2016 /CNW/ - Nevsun Resources Ltd. (TSX:NSU) (NYSE MKT:NSU) (Nevsun and its subsidiaries are collectively referred to as "Nevsun" or the "Company") is pleased to announce new assay results from drilling of the Upper Zone at the Company's Timok copper-gold project ("Timok Project") which was part of the 2015 mineral resource up-grade program.

HIGHLIGHTS

Drilling continues to confirm 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 designed to intersect the high grade upper portion of the mineralization at near perpendicular orientation
Additional 30,000m of drilling in progress to further improve confidence in the resource
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."

TIMOK PROJECT

The Timok Project is located in eastern Serbia near the Bor mining and smelting complex. The Project is focussed on the Cukaru Peki ("Timok") deposit which includes the high grade Upper Zone (characterized by massive and semi-massive sulphide mineralization) and the Lower Zone (characterized by porphyry-style mineralization). The Upper Zone has an extremely high copper and gold content consisting of 1.7 million tonnes of indicated resource grading 13.5% copper and 10.4 g/t gold and 35.0 million tonnes of inferred resource grading 2.9% copper and 1.7 g/t gold.


Read more at http://www.stockhouse.com/news/press-releases/2016/10/17/nevsun-reports-6-4-copper-and-3-2-g-t-gold-over-248-metres-at-timok#Yt6LWxCUVfCsbzvS.99