Nevsun Resources Ltd (NSU)

[douginil]

Nevsun Advances Timok Upper Zone Copper-Gold Project with Release of Robust PFS

March 28, 2018

Vancouver, BC – Nevsun Resources Ltd. (TSX:NSU) (NYSE AMERICAN: NSU) (Nevsun or the Company) today announced the results of a pre-feasibility study ("PFS") for the Timok Upper Zone copper-gold project in Serbia ("Timok Project" or "Project"), one of the world's best development stage copper projects. All economic values within this release are in US dollars unless indicated otherwise.

Nevsun CEO Peter Kukielski commented, "The PFS confirms the extraordinary value of our wholly-owned Timok Upper Zone project. This is a high-grade, high return, fully executable copper project in a supportive jurisdiction. The PFS is an important advance over our October 2017 Preliminary Economic Assessment and further de-risks the Project by improving confidence in the engineering details, metallurgical understanding, timeline to production and capital assumptions.


Read more at:
http://www.nevsun.com/news/2018/march28/