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