From: Berhane Habtemariam (Berhane.Habtemariam@gmx.de)
Date: Tue Feb 02 2010 - 06:15:08 EST
Nevsun Resources Ltd.: Bisha Tour/INDABA/Africa Mining Congress
February 02, 2010 - CnnMoney
Nevsun Resources Ltd. (TSX: NSU)(NYSE Amex: NSU) -
Highlights:
-- Project tour by ten analysts and media
-- All positively impressed with the country and project
-- Minister of Mines attends INDABA in Cape Town
-- Nevsun to present at Africa Mining Congress
Property tour
Nevsun Resources Ltd. ("Nevsun") (TSX: NSU)(NYSE Amex: NSU) is pleased to
report on the successful conclusion of another analyst tour to the Bisha
Project January 26-29, 2010. The visit was attended by a number of
representatives from mining buy side, sell side and media analysts. The
visit was well received by everyone attending, as well as by the Ministry of
Energy and Mines and the Eritrean National Mining Corporation (ENAMCO). The
property tour and country visit was a coordinated effort by Nevsun and
Sunridge Gold Corporation. The visitors also had an opportunity to meet with
two other companies actively exploring in Eritrea.
The visitors attended both Nevsun's Bisha mine and Sunridge's group of
exploration properties. During the trip, they had access to both the
Director General of the Mines Department, Alem Kibreab, and the General
Manager of ENAMCO, Berhane Habtemariam.
Each of the visitors came away impressed with the quality of the Bisha
Project and also by the strong, unmistakable support from the Government of
Eritrea. The Government has consistently been supportive of a responsible
mining industry and has demonstrated a committed approach to the industry in
the way it has handled its investment in the Bisha Project, as a
contributing partner with Nevsun.
The recent analyst trip is one of several visits in recent years by
investors, analysts and project financiers for Bisha, each of whom have left
with positive views of the people, project and country.
INDABA, Cape Town, South Africa
The Minister of Energy and Mines of the State of Eritrea, Ahmed Haj Ali,
together with his Director General, Alem Kibreab, are this week attending
the annual Mining INDABA in Cape Town. They will be meeting with several
representatives of the international mining community and will be present
for the annual reception for the Minister on Wednesday, February 3, 2010
that will be hosted by both Nevsun and Sunridge. The minister will be
speaking Wednesday afternoon at the conference.
Africa Mining Congress, Livingston, Zambia
On February 5, 2010 Nevsun will be presenting at the Africa Mining Congress
(AMC) in Livingston, Zambia. The AMC is considered a premier Africa mining
convention with presentations by top medium sized and emerging mining and
exploration companies in Africa.
NEVSUN RESOURCES LTD.
Cliff T. Davis, President & Chief Executive Officer
Contacts:
Kin Communications
604 684 6730 or Toll free: 1 866 684 6730
www.nevsun.com
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