2009 Press Releases
December 24, 2009
Bisha Construction Milestone - Mills Delivery
Highlights
- Milestone event – mills and crushers arrive at site
- Bisha construction on track for late 2010 operations
Nevsun Resources Ltd. ("Nevsun") (TSX:NSU)(NYSE Amex:NSU) is pleased to announce a major milestone on its Bisha project construction with the delivery to site of major equipment. In the past week both the SAG mill and the Ball Mill and the primary crusher have arrived at the Bisha mine site. Installation of the mills and crusher will commence in the New Year. Pictures of construction progress can be found on our Nevsun web site at http://www.nevsun.com/properties/photo_gallery/
The installation of the mills forms the critical path activity and their timely arrival maintains the development timeline. The Project continues on track to be in operation in late 2010.
The Bisha project is a high grade gold/copper/zinc VMS deposit that was discovered in 2003, brought to feasibility in late 2006 and began its official development stage at the start of 2009. The project has the strong support of the government of Eritrea who has a 40% ownership stake in the project company.
Forward Looking Statements:
The above contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry. Although we believe the expectations reflected in our forward looking statements are reasonable, results may vary, and we cannot guarantee future results, levels of activity, performance or achievements.
NEVSUN RESOURCES LTD.
Cliff T. Davis
President & Chief Executive Officer
For further information, please contact:
Kin Communications
Tel: 604 684 6730
Toll free 1 866 684 6730
Email: ir@kincommunications.com
Website: www.nevsun.com
