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6,500 metre diamond drill program to commence at Bisha Property, Eritrea.

Publication: M2 Presswire
Publication Date: 31-JAN-03
Format: Online - approximately 1007 words
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-31 January 2003-NEVSUN: 6,500 metre diamond drill program to commence at Bisha Property, Eritrea(C)1994-2003 M2 COMMUNICATIONS LTD

RDATE:01302003

Nevsun Resources Ltd. (NSU-TSX) announces that a second phase 6,500 metre exploration and diamond drill program will commence in mid-February at the Company`s 90% owned Bisha Property in Eritrea. On January 22, Nevsun announced the results from the initial phase of drilling totaling 804 metres in six holes. High-grade assays included: 6.27% Cu, 1.18 g/t Au and 42.1 g/t Ag over 24.5 meters in Hole B-02-4, 32.49 g/t Au and 1,382 g/t Ag over 7.62 meters and 4.92% Cu, 0.81 g/t Au and 33.9 g/t Ag over 8.23 meters in Hole B-02-5.

The purpose of the upcoming diamond drill program is to test various mineralized horizons along strike of the initial high- grade discovery holes to vertical depths of 200 metres. Initial step-outs along strike will be at 50 metre intervals....



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