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Nevsun Announces Drilling Results From Northwest Zone Near Bisha Mine

23.05.2013  |  Marketwired

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 05/23/13 -- Nevsun Resources Ltd. (TSX: NSU)(NYSE MKT: NSU) is pleased to announce diamond drill results from resource definition drilling at the Northwest Zone, located 1.2 km from the Bisha processing plant.


HIGHLIGHTS



-- Northwest Zone still open to south, north and at depth
-- Additional parallel zone discovered but limited drilling to date
-- Mineral Resource estimate and Bisha Mineral Reserve update in early 2014


Select High Grade Results Include:



-- Hole NW-050 - 75.9 m @ 1.28% Cu and 0.18% Zn, from 131.1 m to 207.0 m in
massive and stringer sulphide
-- Hole NW-031 - 37.5 m @ 0.89% Cu and 4.13% Zn, from 96.0 m to 133.5 m in
massive and stringer sulphide
-- Hole NW-072 - 15.0 m @ 28.6 g/t Au from 38.0 m to 53.0 m in surficial
weathered zone
-- Hole NWDD-108 - 4.1 m @ 19.17% Cu from 64.9 m to 69.0 m in supergene-
enriched massive sulphide


Bisha Mining Share Company (BMSC) has now completed the initial resource definition drilling program at its Northwest Zone located 1.2 km from its operating Bisha Mine. In 2013, 15,890 meters of drilling was completed at the Northwest Zone. This is in addition to 4,325 meters completed in 2011 and 13,520 meters completed in 2012. The system remains open to the north, south and at depth but drilling efforts have now shifted to the Hambok deposit to support 2013 work requirements on the Mogoraib exploration license.


Complete assay results received to-date from 2011, 2012 and 2013 drilling are included at the end of the release. Results from holes NWDD-129 - NWDD-201 are still outstanding but will be included in the maiden Mineral Resource Estimate.


Mineralization at the Northwest Zone is complex with a series of massive sulphide lenses hosted within altered felsic volcanic rocks. Both the footwall and hangingwall contain copper and zinc-rich stringer sulphide mineralization. Synvolcanic faulting and slumping associated with rhyolite cryptodomes and post volcanic faulting associated with regional deformation add complexity. The massive sulphides have been exposed to weathering at surface, oxide zones have been developed that are locally enriched in gold and beneath these areas, supergene copper mineralization may also be present. Core recovery is often poor in these zones as unconsolidated material is easily washed away and not recovered during the diamond drilling process. A program of RC drilling will be completed in these areas to better define the oxide gold potential.


The mineralized system at the Northwest Zone is extensive and resource expansion opportunities remain to the north, south and at depth. Further drilling is planned for the second half of 2013 to assess this potential. In addition, to the east there is a parallel zone of massive sulphide that is only defined by limited drilling. Further drilling on this new zone is also anticipated later in 2013.


Work for a maiden Mineral Resource Estimate at the Northwest Zone is in progress. This work in conjunction with an economic assessment of the impact of the Northwest Zone is expected to be included in a Mineral Resource and Mineral Reserve estimate update for the entire BMSC operation anticipated for early 2014.


The Northwest Zone was discovered in 2003 by the diamond drilling of an airborne EM anomaly and follow-up ground geophysics, soil sampling and drilling from 2004 to 2006 defined a 600 meter long zone of massive and stringer sulphide mineralization. Further work was deferred from 2007 to 2010 while the Bisha deposit was being prepared for mining. A program of in-fill drilling was started in late 2011 designed to fully delineate the open-pit potential of this Zone. This drill program has now been completed.


Quality Assurance


A Quality Assurance/Quality Control program was part of the sampling program for the Northwest Zone work. This program includes a chain of custody whereby drill core samples are initially crushed and subsampled at the Bisha Mine preparation facilities before being transported to Asmara, sealed, and sent on to the laboratories of ALS Limited in Vancouver. ALS is accredited by the Standards Council of Canada. Multi-element analysis is completed using ICP-AES methods; gold is analyzed by fire assay with AAS finish. Certified reference material (standards), duplicates and blank samples are systematically inserted into the flow of core samples and results analyzed on a batch by batch basis.


Hole collars are surveyed using differential GPS; down hole survey was originally completed using the Reflex EZ shot method, now superseded with downhole gyro methods.


Mr. Paul Gribble C.Eng., FIMMM, BMSC's Chief Resource Geologist has been overseeing the drilling and resource work at the Northwest Zone and is a Qualified Person as defined by NI 43-101. Mr. Gribble has reviewed the technical content of this press release and approved its dissemination.


Forward Looking Statements


The above contains forward-looking statements or forward-looking information within the meaning of the United States Private Securities Litigation Reform Act of 1995, and applicable Canadian securities laws. Forward-looking statements are frequently, but not always, identified by words such as "expects," "anticipates," "believes," "intends," "estimated," "potential," "possible" and similar expressions, or statements that events, conditions or results "will," "may," "could" or "should" occur or be achieved. Forward-looking statements are statements concerning the Company's current beliefs, plans and expectations about the future and are inherently uncertain, and actual achievements of the Company or other future events or conditions may differ materially from those reflected in the forward-looking statements due to a variety of risks, uncertainties and other factors, including, without limitation, the risks that: (i) any of the assumptions in the historical resource estimates turn out to be incorrect, incomplete, or flawed in any respect; (ii) the methodologies and models used to prepare the resource and reserve estimates either underestimate or overestimate the resources or reserves due to hidden or unknown conditions, (iii) exploration activities or the mine operations are disrupted or suspended due to acts of god, internal conflicts in the country of Eritrea, unforeseen government actions or other events; (iv) the Company experiences the loss of key personnel; (v) the Company's operations are adversely affected by other political or military, or terrorist activities; (vi) the Company becomes involved in any material disputes with any of its key business partners, lenders, suppliers or customers; (vii) the Company is subjected to any hostile takeover or other unsolicited attempts to acquire control of the Company; (viii) the Company is subject to any adverse ruling in any of the pending litigation to which it is a party; or (ix) the Company incurs unanticipated costs as a result of the transition from the oxide phase of the Bisha mining operations to the copper phase in 2013; (x) are associated with the speculative nature of exploration activities, periodic interruptions to exploration, failure of drilling, processing and mining equipment, the interpretation of drill results and the estimation of mineral resources and reserves, changes to exploration and project plans and parameters and other risks are more fully described in the Company's Management Discussion and Analysis for the fiscal year ended December 31, 2012, which is incorporated herein by reference. The Company's forward-looking statements are based on the beliefs, expectations and opinions of management on the date the statements are made and the Company assumes no obligation to update such forward-looking statements in the future, except as required by law. For the reasons set forth above, investors should not place undue reliance on the Company's forward-looking statements.


Please see the Company's Annual Information Form for the fiscal year ended December 31, 2012, and the Company's Management Discussion and Analysis for the year ended December 31, 2012, for a more complete discussion of the risk factors associated with our business.


Note to U.S. Investors


This news release uses the terms "reserves" and "resources" and derivations thereof. These terms have the meanings set forth in Canadian National Instrument 43-101 - Standards of Disclosure for Mineral Projects (NI 43-101) and the Canadian Institute of Mining, Metallurgy and Petroleum's Classification System (CIM Standards). NI 43-101 and CIM Standards differ significantly from the requirements of the United States Securities and Exchange Commission (the SEC). Under SEC Industry Guide 7, mineralization may not be classified as a "reserve" unless the determination has been made that is "part of a mineral deposit which could be economically and legally extracted or produced at the time of the reserve determination". In addition, the term "resource", which does not equate to the term "reserve", is not recognized by the SEC and the SEC's disclosure standards normally do not permit the inclusion of information concerning resources in documents filed with the SEC, unless such information is required to be disclosed by the law of the Company's jurisdiction of incorporation or of a jurisdiction in which its securities are traded. Accordingly, information concerning descriptions of mineralization and resources contained in this news release may not be comparable to information made public by US domestic companies subject to the reporting and disclosure requirements of the SEC.


About Nevsun Resources Ltd.


Nevsun Resources Ltd. is a Vancouver-based mining company with an operating mine in Eritrea. Nevsun's 60%-owned Bisha Mine commenced commercial gold production in February 2011 and is scheduled to transition to copper/gold production in mid-2013. Management expects the Bisha Mine will rank as one of the highest grade open pit base metal deposits in the world.


NEVSUN RESOURCES LTD.


Cliff T. Davis, President & Chief Executive Officer



Northwest Zone intersections 2011 - 2013

--------------------------------------------------------------------------
Mineralization
Type
M = MSUL
From To Length Cu Zn Au Ag M-S = Mixed
Hole Id (m) (m) (m) (%) (%) (g/t) (g/t) S = SMSX/STSX
--------------------------------------------------------------------------
NW-027 91.5 94.5 3.0 0.99 0.06 0.7 19.0 S
--------------------------------------------------------------------------
NW-028 148.5 154.5 6.0 0.38 1.16 0.2 16.5 S
--------------------------------------------------------------------------
NW-029 63.0 76.5 13.5 0.18 1.60 0.1 16.7 S
and 109.5 115.5 6.0 0.07 2.20 0.0 5.8 S
and 147.0 153.0 6.0 0.75 0.08 0.1 8.3 M-S
and 192.0 198.9 6.9 0.02 3.84 0.1 14.9 M
--------------------------------------------------------------------------
NW-030 NSV
--------------------------------------------------------------------------
NW-031 96.0 133.5 37.5 0.89 4.13 0.2 35.6 M-S
including 100.5 118.5 18.0 0.81 3.62 0.3 33.2 M
including 121.5 132.2 10.7 1.28 6.89 0.3 52.8 M
--------------------------------------------------------------------------
NW-032 117.0 120.0 3.0 0.05 2.67 0.1 7.5 S
and 124.5 127.5 3.0 0.31 0.77 0.1 18.5 S
--------------------------------------------------------------------------
NW-033 81.0 84.0 3.0 0.55 0.32 0.1 16.5 S
and 102.0 105.0 3.0 0.09 2.25 0.0 3.0 S
and 156.0 160.5 4.5 1.18 0.12 0.2 10.7 M-S
and 186.0 189.0 3.0 0.02 0.03 6.3 60.5 M
--------------------------------------------------------------------------
NW-034 103.5 133.5 27.8 0.73 3.77 0.2 32.9 M
including 113.4 132.0 18.6 0.87 5.12 0.2 43.7 M
--------------------------------------------------------------------------
NW-035 192.5 196.5 4.0 1.82 2.18 0.3 31.8 S
--------------------------------------------------------------------------
NW-036 NSV
--------------------------------------------------------------------------
NW-037 Abandoned
--------------------------------------------------------------------------
NW-038 67.5 70.5 3.0 0.10 1.43 0.0 3.5 S
--------------------------------------------------------------------------
NW-039 55.5 71.0 15.5 1.81 0.78 1.1 47.6 M-S
including 55.5 63.0 7.5 3.07 0.13 0.3 57.3 M
--------------------------------------------------------------------------
NW-040 NSV
--------------------------------------------------------------------------
NW-041 74.0 78.0 4.0 1.28 0.10 0.0 2.4 S
and 140.0 146.0 6.0 0.94 0.08 0.2 3.5 M
and 160.0 165.0 5.0 0.90 0.07 0.1 2.6 M
--------------------------------------------------------------------------
NW-042 99.0 103.0 4.0 0.84 0.73 0.1 13.0 S
and 104.0 108.0 4.0 0.25 0.98 0.0 4.3 S
and 207.0 210.6 3.6 0.44 9.59 0.3 17.3 M
and 215.0 220.0 5.0 0.01 3.51 0.1 8.4 S
--------------------------------------------------------------------------
NW-043 100.7 149.3 48.6 0.67 3.47 0.3 30.1 M
including 109.0 112.0 3.0 1.49 2.94 0.5 73.0 M
including 120.0 123.0 3.0 0.30 5.11 0.4 44.0 M
including 128.0 136.0 8.0 0.44 8.00 0.2 21.3 M
--------------------------------------------------------------------------
NW-044 NSV
--------------------------------------------------------------------------
NW-045 55.0 81.0 26.0 1.10 0.01 0.1 13.5 M
including 56.0 68.0 12.0 1.48 0.01 0.1 17.6 M
and 90.5 104.0 13.5 1.00 0.02 0.8 9.8 M
including 95.0 103.0 8.0 1.34 0.01 0.2 11.1 M
--------------------------------------------------------------------------
NW-046 116.0 124.5 8.5 0.08 1.41 0.7 16.7 M
--------------------------------------------------------------------------
NW-047 123.0 133.0 10.0 0.67 0.03 0.2 3.9 S
--------------------------------------------------------------------------
and 143.2 148.5 5.3 0.86 0.04 1.4 7.5 M
NW-048 NSV
--------------------------------------------------------------------------
NW-049 152.0 169.0 17.0 1.45 0.02 0.2 6.1 M-S
including 155.0 160.5 5.5 1.84 0.02 0.2 7.4 M
and 171.0 174.0 3.0 0.82 0.02 0.0 3.3 S
--------------------------------------------------------------------------
NW-050 131.1 207.0 75.9 1.28 0.18 0.2 10.1 M-S
including 132.0 150.0 18.0 2.34 0.23 0.2 14.2 M
including 152.9 157.0 4.1 1.29 0.12 0.1 10.5 M
including 162.0 168.0 6.0 1.12 0.21 0.1 15.0 M
including 185.0 189.0 4.0 1.23 0.12 0.1 8.8 M
including 194.0 201.2 7.2 1.12 0.10 0.2 7.6 M
--------------------------------------------------------------------------
NW-051 NSV
--------------------------------------------------------------------------
NW-052 192.0 203.0 11.0 1.00 0.09 0.2 7.3 S
--------------------------------------------------------------------------
NW-053 NSV
--------------------------------------------------------------------------
NW-054 NSV
--------------------------------------------------------------------------
NW-055 130.0 158.0 28.0 0.69 1.37 0.1 11.1 S
including 148.0 152.0 4.0 0.33 5.91 0.1 20.0 S
--------------------------------------------------------------------------
NW-056 NSV
--------------------------------------------------------------------------
NW-057 88.7 92.0 3.3 0.01 0.61 6.0 18.8 S
and 105.0 137.0 32.0 1.01 1.41 0.5 10.1 M-S
including 106.0 110.0 4.0 1.21 0.49 2.1 9.5 M
including 114.0 128.0 14.0 1.07 2.80 0.1 11.8 M
--------------------------------------------------------------------------
NW-058 61.0 66.0 5.0 1.59 0.01 0.1 10.6 S
and 82.0 113.2 31.2 1.26 0.02 0.5 9.7 M
including 84.0 95.0 11.0 1.80 0.01 0.1 9.8 M
including 101.0 105.0 4.0 1.30 0.02 1.2 7.8 M
including 108.0 112.0 4.0 1.71 0.03 0.5 10.8 M
--------------------------------------------------------------------------
NW-059 100.0 131.0 29.0 0.69 0.11 1.7 10.5 M-S
including 100.0 109.0 9.0 0.68 0.20 0.1 9.1 M
including 124.0 131.0 7.0 0.79 0.07 0.9 8.8 M-S
--------------------------------------------------------------------------
NW-060 120.7 124.0 3.3 0.58 2.38 0.2 41.5 M
--------------------------------------------------------------------------
NW-061 132.0 135.0 3.0 0.01 2.99 0.5 27.7 S
--------------------------------------------------------------------------
NW-062 NSV
--------------------------------------------------------------------------
NW-063 NSV
--------------------------------------------------------------------------
NW-064 NSV
--------------------------------------------------------------------------
NW-065 133.0 140.0 7.0 0.84 2.19 0.4 24.9 M-S
--------------------------------------------------------------------------
NW-066 158.8 163.0 4.2 1.03 0.38 0.1 17.0 S
and 190.0 197.9 7.9 0.26 2.01 1.5 20.6 M-S
--------------------------------------------------------------------------
NW-067 NSV
--------------------------------------------------------------------------
NW-069 NSV
--------------------------------------------------------------------------
NW-070 NSV
--------------------------------------------------------------------------
NW-071 75.0 88.0 13.0 2.60 0.71 0.1 37.5 M-S
including 76.3 87.0 10.7 3.02 0.78 0.2 39.9 M-S
--------------------------------------------------------------------------
NW-072 38.0 53.0 15.0 0.00 0.02 28.6 9.7 S
50.0 53.0 3.0 0.00 0.02 41.6 13.0 S
--------------------------------------------------------------------------
NW-073 NSV
--------------------------------------------------------------------------
NW-074 77.0 80.0 3.0 0.13 2.60 0.0 3.3 S
--------------------------------------------------------------------------
NW-075 NSV
--------------------------------------------------------------------------
NW-076 NSV
--------------------------------------------------------------------------
NW-077 137.5 139.1 1.6 0.12 3.32 0.5 22.0 M
and 160.0 164.0 4.0 0.09 0.32 1.8 14.5 S
--------------------------------------------------------------------------
NW-078 134.0 137.0 3.0 0.50 0.80 0.3 28.7 S
--------------------------------------------------------------------------
NW-079 Abandoned
NW-080 NSV
--------------------------------------------------------------------------
NW-081 139.0 147.0 8.0 1.69 0.30 0.2 18.8 S
and 164.5 168.5 4.0 0.57 0.03 0.5 20.5 S
and 268.0 274.0 6.0 0.28 1.78 0.3 23.3 M
--------------------------------------------------------------------------
NW-082 NSV
--------------------------------------------------------------------------
NW-083 175.0 206.0 31.0 0.82 0.03 0.1 3.0 M-S
--------------------------------------------------------------------------
NW-084 85.0 122.0 37.0 1.62 0.14 0.1 13.0 M
and 184.0 195.8 11.8 0.55 5.17 1.7 39.1 M-S
--------------------------------------------------------------------------
NW-085 Abandoned
--------------------------------------------------------------------------
NW-086(i) 50.0 59.0 9.0 0.00 0.02 65.8 4.7 Oxide
--------------------------------------------------------------------------
NW-087 170.0 176.0 6.0 0.07 3.45 0.1 28.5 S
and 192.0 195.0 3.0 0.06 2.32 0.1 22.0 S
--------------------------------------------------------------------------
NW-088 60.0 64.5 4.5 0.79 0.05 0.1 4.7 M
--------------------------------------------------------------------------
NW-089 53.0 56.5 3.5 0.00 0.06 7.4 44.2 S
and 92.0 96.0 4.0 0.87 0.01 0.1 15.5 M
and 108.0 119.0 11.0 0.91 0.05 0.1 6.3 M-S
--------------------------------------------------------------------------
NW-090 215.0 236.0 21.0 0.91 0.03 0.7 5.3 M-S
--------------------------------------------------------------------------
NW-091 NSV
--------------------------------------------------------------------------
NW-092 NSV
--------------------------------------------------------------------------
NW-093 50.0 55.0 5.0 0.01 0.09 19.4 25.6 Oxide
and 71.0 75.0 4.0 0.90 0.01 0.1 9.3 M
--------------------------------------------------------------------------
NW-094 67.0 70.0 3.0 0.05 1.69 0.0 18.3 S
and 87.0 91.0 4.0 0.37 1.03 0.1 14.3 S
and 156.0 180.0 24.0 1.38 0.06 0.3 7.3 M
--------------------------------------------------------------------------
NW-095 109.6 146.5 36.9 1.19 0.18 0.2 10.2 M
--------------------------------------------------------------------------
NW-096 68.0 72.0 4.0 0.01 0.01 2.7 19.0 M
--------------------------------------------------------------------------
NW-097 105.0 135.0 30.0 1.54 0.21 0.4 11.2 M
and 143.0 147.0 4.0 0.50 0.23 0.3 3.0 M
and 154.0 174.0 20.0 0.90 0.42 0.2 6.9 M
and 193.0 203.0 10.0 0.67 0.21 0.4 5.6 M-S
and 211.7 223.0 11.4 0.51 0.07 7.0 21.2 S
--------------------------------------------------------------------------
NW-098 71.0 91.0 20.0 2.39 0.01 0.3 10.7 M
and 141.0 157.5 16.5 0.60 0.18 0.3 27.0 M
and 172.0 178.0 6.0 0.59 0.03 0.7 10.3 S
--------------------------------------------------------------------------
NW-099 NSV
--------------------------------------------------------------------------
NWDD100 157.8 172.6 14.8 0.92 1.35 0.4 13.8 M
--------------------------------------------------------------------------
NWDD101 105.5 116.9 11.4 1.27 2.01 0.4 19.5 M
--------------------------------------------------------------------------
NWDD102 147.0 154.0 7.0 0.67 0.30 0.3 10.4 M
and 162.0 171.0 9.0 0.74 1.68 3.0 12.9 M
--------------------------------------------------------------------------
NWDD103 NSV
--------------------------------------------------------------------------
NWDD104 Abandoned
--------------------------------------------------------------------------
NWDD105 64.0 85.0 21.0 2.16 0.01 0.1 6.5 M
--------------------------------------------------------------------------
NWDD106 103.0 131.9 28.9 0.22 3.65 0.3 20.7 M-S
--------------------------------------------------------------------------
NWDD107 103.0 124.4 21.4 0.87 1.24 0.1 11.5 M
--------------------------------------------------------------------------
NWDD108 64.9 69.0 4.1 19.17 0.07 0.1 33.3 M
and 79.5 84.0 4.5 2.06 0.02 0.0 7.5 M
and 245.0 248.0 3.0 0.06 4.35 0.2 5.3 S
--------------------------------------------------------------------------
NWDD109 NSV
--------------------------------------------------------------------------
NWDD110 114.3 118.2 3.9 0.59 6.42 0.3 20.3 M
--------------------------------------------------------------------------
NWDD111 NSV
--------------------------------------------------------------------------
NWDD112 7.5 28.5 21.0 0.03 0.01 1.9 1.4 Oxide
and 76.5 91.6 15.1 1.39 0.01 0.1 6.7 M
--------------------------------------------------------------------------
NWDD113 149.0 165.3 16.3 0.78 0.02 1.6 0.2 M
--------------------------------------------------------------------------
NWDD114 66.0 90.9 24.8 1.64 0.02 0.2 16.5 M-S
--------------------------------------------------------------------------
NWDD115 NSV
--------------------------------------------------------------------------
NWDD116 64.0 77.8 13.8 0.96 0.01 0.1 15.1 M
and 86.2 89.9 3.7 0.68 0.01 0.1 9.3 M-S
--------------------------------------------------------------------------
NWDD122 79.5 109.0 29.5 1.57 0.02 0.2 15.2 M
--------------------------------------------------------------------------
NWDD123 56 60 4 0.1 3.82 0.1 8.3 S
--------------------------------------------------------------------------
NWDD124 109.0 149.6 40.6 1.16 0.98 0.2 12.4 M
--------------------------------------------------------------------------
NWDD126 119.0 123.0 4.0 0.78 0.02 0.1 2.9 S
and 129.0 134.0 5.0 0.90 0.02 0.1 2.4 S
--------------------------------------------------------------------------
NWDD127 105.0 110.0 5.0 0.77 0.45 0.2 10.2 S
and 132.0 147.0 15.0 0.98 0.07 0.3 8.8 M-S
and 177.0 180.0 3.0 0.60 0.16 0.2 4.7 S
--------------------------------------------------------------------------
NWDD128 107.0 113.9 6.9 0.94 0.01 0.1 3.8 M
and 127.0 133.0 6.0 0.86 0.02 0.1 1.9 S
and 142.0 146.0 4.0 0.96 0.02 0.1 1.8 S
--------------------------------------------------------------------------
(i) This hole experienced poor drill recovery in the oxide zone

Northwest Zone collars 2011 - 2013

--------------------------------------------------------------------------
Hole ID Depth Azimuth1 Dip1 Local_X Local_Y Local_Z
--------------------------------------------------------------------------
NW-027 210.0 315 -50 10496 20073 554.7
--------------------------------------------------------------------------
NW-028 303.0 315 -50 10523 20121 555.7
--------------------------------------------------------------------------
NW-029 237.0 315 -55 10486 20120 555.3
--------------------------------------------------------------------------
NW-030 95.0 315 -45 10416 20171 555.6
--------------------------------------------------------------------------
NW-031 153.0 315 -45 10403 20195 555.4
--------------------------------------------------------------------------
NW-032 256.4 315 -45 10526 20147 556.1
--------------------------------------------------------------------------
NW-033 199.5 315 -50 10490 20144 555.8
--------------------------------------------------------------------------
NW-034 150.0 315 -45 10417 20170 555.7
--------------------------------------------------------------------------
NW-035 250.5 315 -45 10489 20197 555.9
--------------------------------------------------------------------------
NW-036 22.5 315 -50 10514 20199 556.7
--------------------------------------------------------------------------
NW-037 139.0 135 -50 10455 20299 555.8
--------------------------------------------------------------------------
NW-038 279.0 315 -50 10514 20197 557.7
--------------------------------------------------------------------------
NW-039 117.0 315 -55 10412 20120 556.0
--------------------------------------------------------------------------
NW-040 27.8 135 -50 10300 20222 554.9
--------------------------------------------------------------------------
NW-041 240.0 135 -50 10300 20222 554.9
--------------------------------------------------------------------------
NW-042 261.0 315 -45 10506 20171 556.1
--------------------------------------------------------------------------
NW-043 210.0 135 -50 10247 20219 553.3
--------------------------------------------------------------------------
NW-044 150.0 135 -50 10453 20446 555.5
--------------------------------------------------------------------------
NW-045 126.0 135 -50 10340 20496 554.6
--------------------------------------------------------------------------
NW-046 257.5 135 -50 10241 20294 553.5
--------------------------------------------------------------------------
NW-047 240.0 135 -50 10286 20396 553.9
--------------------------------------------------------------------------
NW-048 145.0 135 -50 10233 20346 553.9
--------------------------------------------------------------------------
NW-049 256.5 135 -50 10248 20395 553.3
--------------------------------------------------------------------------
NW-050 234.0 135 -50 10240 20495 553.6
--------------------------------------------------------------------------
NW-051 285.0 135 -50 10207 20599 553.9
--------------------------------------------------------------------------
NW-052 270.0 135 -50 10242 20600 554.0
--------------------------------------------------------------------------
NW-053 315.0 135 -50 10193 20648 554.1
--------------------------------------------------------------------------
NW-054 321.0 135 -50 10229 20650 554.8
--------------------------------------------------------------------------
NW-055 273.0 135 -50 10285 20602 554.6
--------------------------------------------------------------------------
NW-056 152.0 135 -50 10188 20545 553.4
--------------------------------------------------------------------------
NW-057 218.0 135 -50 10328 20603 555.0
--------------------------------------------------------------------------
NW-058 216.0 135 -50 10325 20398 554.1
--------------------------------------------------------------------------
NW-059 234.0 135 -50 10304 20498 554.2
--------------------------------------------------------------------------
NW-060 158.0 315 -50 10468 20078 554.3
--------------------------------------------------------------------------
NW-061 209.0 315 -50 10528 20074 555.1
--------------------------------------------------------------------------
NW-062 98.0 315 -55 10381 20118 555.8
--------------------------------------------------------------------------
NW-063 152.0 135 -45 10375 20193 555.4
--------------------------------------------------------------------------
NW-064 196.0 135 -50 10305 20243 555.6
--------------------------------------------------------------------------
NW-065 263.0 135 -50 10246 20250 553.2
--------------------------------------------------------------------------
NW-066 260.0 135 -50 10202 20232 552.9
--------------------------------------------------------------------------
NW-067 185.0 135 -50 10262 20271 553.7
--------------------------------------------------------------------------
NW-068 20.0 135 -50 10214 20314 553.1
--------------------------------------------------------------------------
NW-069 145.2 90 -50 10139 20321 552.5
--------------------------------------------------------------------------
NW-070 83.0 315 -45 10414 20085 555.4
--------------------------------------------------------------------------
NW-071 204.0 135 -50 10269 20297 554.0
--------------------------------------------------------------------------
NW-072 56.0 135 -50 10376 20216 555.2
--------------------------------------------------------------------------
NW-073 224.0 135 -50 10228 20324 553.3
--------------------------------------------------------------------------
NW-074 159.0 135 -50 10298 20274 555.0
--------------------------------------------------------------------------
NW-075 123.0 135 -50 10338 20274 555.1
--------------------------------------------------------------------------
NW-076 158.0 135 -50 10374 20270 554.9
--------------------------------------------------------------------------
NW-077 254.0 135 -50 10215 20312 553.3
--------------------------------------------------------------------------
NW-078 155.2 135 -50 10376 20243 555.3
--------------------------------------------------------------------------
NW-079 65.0 135 -45 10472 20195 555.7
--------------------------------------------------------------------------
NW-080 228.5 135 -50 10273 20320 553.7
--------------------------------------------------------------------------
NW-081 278.0 315 -50 10530 20174 556.2
--------------------------------------------------------------------------
NW-082 173.0 135 -50 10317 20319 554.6
--------------------------------------------------------------------------
NW-083 224.0 135 -50 10233 20371 553.1
--------------------------------------------------------------------------
NW-084 221.0 315 -45 10472 20195 555.7
--------------------------------------------------------------------------
NW-085 20.0 135 -50 10365 20368 554.7
--------------------------------------------------------------------------
NW-086 122.0 135 -50 10366 20369 554.8
--------------------------------------------------------------------------
NW-087 293.0 315 -50 10561 20139 557.7
--------------------------------------------------------------------------
NW-088 144.0 135 -50 10362 20324 554.8
--------------------------------------------------------------------------
NW-089 143.0 135 -50 10321 20481 554.2
--------------------------------------------------------------------------
NW-090 275.0 135 -50 10198 20400 553.1
--------------------------------------------------------------------------
NW-091 143.0 135 -50 10407 20326 555.2
--------------------------------------------------------------------------
NW-092 29.0 135 -50 10358 20477 554.5
--------------------------------------------------------------------------
NW-093 164.0 135 -50 10358 20478 554.6
--------------------------------------------------------------------------
NW-094 242.0 135 -50 10244 20424 553.5
--------------------------------------------------------------------------
NW-095 248.0 135 -50 10284 20426 553.8
--------------------------------------------------------------------------
NW-096 134.0 135 -50 10377 20502 554.8
--------------------------------------------------------------------------
NW-097 248.0 135 -50 10247 20533 553.5
--------------------------------------------------------------------------
NW-098 200.0 135 -50 10286 20530 554.0
--------------------------------------------------------------------------
NW-099 79.0 315 -50 10614 20612 564.5
--------------------------------------------------------------------------
NWDD100 237.0 135 -50 10300 20700 555.2
--------------------------------------------------------------------------
NWDD101 183.0 135 -50 10349 20700 556.8
--------------------------------------------------------------------------
NWDD102 258.0 135 -50 10286 20625 554.9
--------------------------------------------------------------------------
NWDD103 149.0 315 -50 10400 20100 555.6
--------------------------------------------------------------------------
NWDD104 61.0 135 -50 10326 20625 554.8
--------------------------------------------------------------------------
NWDD105 163.5 135 -50 10381 20650 556.6
--------------------------------------------------------------------------
NWDD106 154.5 315 -50 10450 20100 555.2
--------------------------------------------------------------------------
NWDD107 205.5 135 -50 10340 20648 555.7
--------------------------------------------------------------------------
NWDD108 259.5 135 -50 10275 20225 553.8
--------------------------------------------------------------------------
NWDD109 148.5 135 -50 10396 20755 557.1
--------------------------------------------------------------------------
NWDD110 197.0 135 -50 10349 20754 556.0
--------------------------------------------------------------------------
NWDD111 253.0 135 -50 10275 20250 554.4
--------------------------------------------------------------------------
NWDD112 154.5 135 -50 10375 20675 557.0
--------------------------------------------------------------------------
NWDD113 205.0 135 -50 10300 20675 555.3
--------------------------------------------------------------------------
NWDD114 160.5 135 -50 10365 20627 556.1
--------------------------------------------------------------------------
NWDD115 151.5 315 -50 10350 20200 555.4
--------------------------------------------------------------------------
NWDD116 167.6 135 -50 10370 20600 555.7
--------------------------------------------------------------------------
NWDD117 151.5 315 -50 10370 20175 555.2
--------------------------------------------------------------------------
NWDD118 237.0 135 -50 10322 20624 554.9
--------------------------------------------------------------------------
NWDD119 111.0 135 -50 10341 20300 554.8
--------------------------------------------------------------------------
NWDD120 193.5 135 -50 10301 20296 554.5
--------------------------------------------------------------------------
NWDD121 84.0 135 -50 10381 20575 555.7
--------------------------------------------------------------------------
NWDD122 199.5 135 -50 10340 20575 555.3
--------------------------------------------------------------------------
NWDD123 223.5 315 -50 10479 20152 556.0
--------------------------------------------------------------------------
NWDD124 259.5 135 -50 10301 20575 554.9
--------------------------------------------------------------------------
NWDD125 51.0 135 -50 10350 20350 554.7
--------------------------------------------------------------------------
NWDD126 223.5 135 -50 10300 20350 554.1
--------------------------------------------------------------------------
NWDD127 274.5 135 -50 10260 20575 555.0
--------------------------------------------------------------------------
NWDD128 247.5 135 -50 10281 20375 553.6
--------------------------------------------------------------------------


To view the map accompanying this press release please click on the following link: http://media3.marketwire.com/docs/NSU0523.pdf

Contacts:

Kin Communications

604 684 6730 or Toll free: 1 866 684 6730
nsu@kincommunications.com
www.nevsun.com


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