BASE METAL EXPLORATION
Ongoing exploration drilling on the Lower Zone at Canadian base metals miner Nevsun Resources’ Timok copper/gold project, in Serbia, has expanded the footprint by about 350 m by 750 m and continues to confirm the high grade, continuity and thickness of the mineralisation, the company announced on Monday. The TSX- and NYSE-listed miner said that the Lower Zone assays reported are part of the ongoing C$20-million drilling programme with its joint-venture partner Freeport-McMoRan Exploration. It added that recent drilling has intersected no fewer than 14 porphyry copper mineralisations with grades of greater than 1% copper.
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