Nevsun Files Technical Report for the Timok Upper Zone Preliminary Economic Assessment

Nevsun Files Technical Report for the Timok Upper Zone Preliminary Economic Assessment

PR Newswire

VANCOUVER, Dec. 6, 2017

VANCOUVER, Dec. 6, 2017 /PRNewswire/ - Nevsun Resources Ltd. (TSX:NSU) (NYSE MKT:NSU) ("Nevsun" or the "Company") today announced that the Timok Upper Zone National Instrument 43-101 technical report has been filed and is available for review under the Company's profile on SEDAR at www.sedar.com, on EDGAR at www.sec.gov and on the Company's website at www.nevsun.com.

About Nevsun Resources Ltd.

Nevsun Resources Ltd. is the 100% owner of the high-grade copper-gold Timok Upper Zone and 60.4% owner of the Timok Lower Zone in Serbia. The Timok Lower Zone is a partnership with Freeport-McMoRan Exploration Corporation ("Freeport"), which currently owns 39.6% and upon completion of any Feasibility Study, Nevsun will own 46% and Freeport will own 54%. Nevsun generates cash flow from its 60% owned copper-zinc Bisha Mine in Eritrea. Nevsun is well positioned with a strong debt-free balance sheet to grow shareholder value through advancing Timok to production.

NEVSUN RESOURCES LTD.

"Peter Kukielski"

Peter Kukielski
President & Chief Executive Officer

SOURCE Nevsun Resources Ltd.

Copyright CNW Group 2017

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