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Nevsun Announces Increased Base Metals Reserves; Shares Just Below Day Highs

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Nevsun Resources Ltd. (NSU.TO) reported new increased base metal Canadian National Instrument 43-101 compliant mineral resources and reserves estimates at its 60% owned Bisha Mine.

Highlights:

- 4.09% copper grade in supergene ore reserves estimate

- 6.33% zinc grade in primary ore reserves estimate

- Total contained copper in probable reserves increased by 6%

- Total contained zinc in probable reserves increased by 38%

NSU went up nearly 7% to $3.15, just a cent below day highs. Volume traded is over 199,000.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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