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Nevsun Resources Ltd.: Update on the Affairs in Eritrea.


VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography
 -- Nevsun Resources Ltd. (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
:NSU NSU Nonspecific urethritis, see there ) would like to announce that due to the high level of interest and concern regarding the recent directive by the Government of Eritrea to halt all exploration work, Management of Nevsun is issuing an update.

As of today, there is no further explanation for the actions of the Eritrean Government. Nevsun will continue to comply with their directive while management works diligently dil·i·gent  
adj.
Marked by persevering, painstaking effort. See Synonyms at busy.



[Middle English, from Old French, from Latin d
 to obtain an understanding and resolution of the issues at hand. Mr. John Clarke John Clarke may be:
  • John Clarke (1609-1676), the co-founder of Rhode Island
  • John Clarke, the pseudonym adopted by Richard Cromwell after his abdication
  • John Clarke (dean of Salisbury) (1682-1757), dean of Salisbury Cathedral, mathematician, natural philosopher, and
, President and Chief Executive Officer of Nevsun Resources Ltd., is currently in Eritrea in an effort to reach a resolution as soon as possible.

Management has no comment on rumors or speculation circulating in the marketplace as any comment would be conjecture CONJECTURE. Conjectures are ideas or notions founded on probabilities without any demonstration of their truth. Mascardus has defined conjecture: "rationable vestigium latentis veritatis, unde nascitur opinio sapientis;" or a slight degree of credence arising from evidence too weak or too . We fully recognize the value of your concerns and will provide further information as it becomes available.

Forward Looking Statements: The above contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward looking statements. Factors that could case such differences include: changes in world gold markets, equity markets, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry. Although we believe the expectations reflected in our forward looking statements are reasonable, results may vary, and we cannot guarantee future results, levels of activity, performance or achievements.

NEVSUN RESOURCES LTD.

Dr. John A. Clarke, President & Chief Executive Officer
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Publication:Business Wire
Geographic Code:1CANA
Date:Sep 9, 2004
Words:257
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