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Belgrade
24/04/2024
Mining News

Nevsun Resources Drills 265.5 Metres of 6.77% Copper and 3.67 g/t Gold at Timok Project, Serbia

Nevsun Resources announced final assay results from the recently completed infill drilling of the Upper Zone at the Company’s Timok copper-gold project (“Timok Project”) in Serbia.

Highlights

Supported by

Drilling confirms continuity and the high-grade nature of the Upper Zone

New massive and semi-massive sulphide intersections include:

16.94% Cu and 6.97g/t Au over 25.5m, within 4.46% Cu and 2.38g/t Au over 280.0m in TC160146B

15.86% Cu and 7.69g/t Au over 27.0m, within 5.18% Cu and 2.28g/t Au over 274.5m in TC170157

20.57% Cu and 9.17g/t Au over 49.5m, within 6.77% Cu and 3.67g/t Au over 265.5m in TC160147

15.63% Cu and 12.28g/t Au over 19.5m, within 5.37% Cu and 4.94g/t Au over 177.0m in TC160142

Exploration drilling for additional Upper Zone type deposits underway

Nevsun CEO, Peter Kukielski, commented, “The high-grade assays reported today are the final holes from the infill drill program for the Timok Upper Zone. This drilling is enabling development of improved geological and geotechnical models and we expect an upgrade to a high percentage of the resources. We are also excited to have exploration for additional Upper Zone type deposits underway. At the Bor operation, just five kilometres away, there were in excess of twenty separate high sulphidation epithermal “upper zone” type deposits, we believe the possibility of finding additional deposits should be high.”

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