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 Mr. John Clarke John Clarke may be:
Management has no comment on rumours and speculation circulating in the marketplace as any comment would be conjecture. We fully recognize the value of shareholder concerns and will provide further factual information as it becomes available. On Eritrea related matters, work outside of the country is continuing on the completion of the independent resource estimate for the Bisha Project by the end of September. The Company is planning for the advancement of this project to commercial production. A third diamond drill rig is currently in transit to Eritrea. Once an announcement is received from the Government granting permission to recommence Re`com`mence´ v. i. 1. To commence or begin again. 2. To begin anew to be; to act again as. He seems desirous enough of recommencing courtier. - Johnson. v. t. 1. To commence again or anew. exploration activities, the first priority of the planned drill program will be geotechnical drilling and sampling for metallurgical met·al·lur·gy n. 1. The science that deals with procedures used in extracting metals from their ores, purifying and alloying metals, and creating useful objects from metals. 2. testing in connection with a feasibility study "A Feasibility Study" is an episode of the original The Outer Limits television show. It first aired on 13 April, 1964, during the first season. It was remade in 1997 as part of the revived The Outer Limits series with a minor title change. for the Bisha Main Project. Exploration work at Bisha and Nevsun's other properties in Eritrea will also continue. 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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