|
Harena Drill Results
and Significant New Gravity Anomaly
Discoveries at Bisha Project
HARENA DRILL RESULTS AND
SIGNIFICANT NEW GRAVITY ANOMALY DISCOVERIES
AT BISHA PROJECT
June 9, 2005
Nevsun Resources (NSU: TSX
and AMEX) is pleased to report both the
final drill results of the recently
completed Harena drill program in Eritrea as
well as the discovery of significant new
gravity anomalies adjacent to the newly
discovered Harena deposit. The original
Harena discovery drill holes were reported
on April 5, 2005. The Harena deposit is
located 9.5 km to the southwest from
Nevsun’s high grade Bisha Main volcanogenic
massive sulphide (VMS) deposit. Harena was
an important find for Nevsun as it
represents a third VMS discovery on the
Bisha concession, represents a good
satellite opportunity for supplemental feed
for the Bisha mine site currently undergoing
feasibility and significantly extends the
exploration district for potential VMS
opportunities.
Harena was initially targeted
as a coincident gravity and EM anomaly.
Having successfully intersected massive
sulphides with the Harena discovery holes,
Nevsun extended its gravity investigations
along strike of the Harena deposit a further
3.5 km. This work was completed during the
current drill campaign and has resulted in
the identification of several larger and
stronger gravity signatures. A drill program
to test these anomalies will be prepared for
the fall of 2005.
This release provides a table
of Harena drill hole results, figures of the
drill hole locations and cross section; as
well as a map of the new gravity anomalies
identified adjacent to Harena.
Harena Drill Hole Data
A total of 20 diamond drill
holes have been completed on the Harena
Deposit to date with a series of sections
100 meters apart having been drill tested
over a strike length of 400 meters. Initial
assay results from the first 4 holes were
released in April and can be accessed on
Nevsun’s web site. The drill fence locations
are presented in Figure 1.
Table 1: Harena Drill Hole
Results
A summary of the assay
results is as follows:
| |
|
Hole # |
From |
To |
Length (m) |
Au g/t |
Ag g/t |
Cu % |
Pb
% |
Zn % |
Dip Collar |
Section |
| |
|
Oxide |
|
|
|
|
|
|
|
|
|
|
| |
|
H-005 |
51.0 |
55.3 |
4.3 |
1.33 |
0.7 |
0.03 |
0.04 |
0.07 |
-45 |
5900 |
| |
|
H-009 |
42.0 |
51.0 |
9.0 |
0.68 |
23.7 |
0.01 |
0.14 |
0.03 |
-45 |
5700 |
| |
|
Primary |
|
|
|
|
|
|
|
|
|
|
| |
|
H-006 |
83.8 |
91.2 |
7.4 |
0.34 |
22.6 |
0.78 |
0.14 |
7.25 |
-45 |
5900 |
| |
|
and |
91.2 |
122.5 |
30.3 |
1.40 |
30.2 |
0.86 |
0.19 |
0.32 |
|
|
| |
|
H-007 |
69.4 |
74.1 |
4.7 |
0.03 |
7.9 |
0.08 |
0.16 |
3.10 |
-45 |
6000 |
| |
|
H-010 |
57.9 |
67.0 |
9.1 |
0.16 |
8.5 |
0.20 |
0.00 |
1.30 |
-45 |
5700 |
| |
|
and |
77.4 |
86.5 |
9.1 |
0.12 |
5.4 |
0.28 |
0.01 |
6.12 |
|
|
| |
|
H-011 |
147.1 |
170.5 |
22.4 |
0.34 |
20.9 |
0.85 |
0.06 |
3.58 |
-65 |
5800 |
| |
|
Incl. |
147.2 |
154.0 |
6.8 |
0.27 |
16.3 |
0.26 |
0.11 |
6.54 |
|
|
| |
|
Incl. |
161.7 |
170.5 |
7.2 |
0.42 |
25.2 |
1.54 |
0.01 |
4.53 |
|
|
| |
|
H-012 |
179.6 |
183.4 |
3.8 |
0.59 |
11.5 |
1.62 |
0.00 |
0.12 |
-85 |
5800 |
| |
|
H-013 |
125.8 |
140.5 |
14.7 |
0.11 |
12.4 |
0.28 |
0.15 |
5.10 |
-45 |
|
| |
|
and |
140.6 |
144.0 |
3.4 |
20.75 |
299.2 |
0.31 |
2.50 |
0.17 |
|
|
| |
|
H-014 |
141.7 |
154.5 |
12.8 |
0.35 |
20.7 |
0.98 |
0.03 |
3.15 |
-65 |
5700 |
| |
|
and |
154.5 |
160.0 |
5.5 |
0.73 |
20.1 |
0.12 |
0.14 |
0.03 |
|
|
| |
|
H-015 |
156.5 |
159.5 |
3.0 |
1.03 |
46.5 |
0.08 |
0.11 |
0.21 |
-45 |
5900 |
| |
|
and |
166.4 |
174.5 |
8.1 |
0.33 |
24.3 |
1.19 |
0.03 |
2.04 |
|
|
| |
|
H-016 |
159.1 |
179.4 |
20.3 |
0.97 |
21.9 |
0.68 |
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