VANCOUVER , Dec. 7, 2016 /PRNewswire/ - Nevsun Resources Ltd. ("Nevsun" or the "Company") is pleased to announce new assay results from on-going drilling of the Upper Zone at the Company's Timok copper-gold project ("Timok Project").
HIGHLIGHTS
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."
It did make a new high today on this, if it can close at 3.31 or higher then I expect fireworks, cheers
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