Nevsun Resources Ltd.: Update on the Affairs in Eritrea
Press Release
VANCOUVER, British Columbia--(BUSINESS WIRE)--Sept. 9, 2004--Nevsun Resources Ltd. (TSX:NSU - News) 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 to obtain an understanding and resolution of the issues at hand. Mr. John Clarke, 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. 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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Contact:
Nevsun Resources Ltd.
Don Halliday
Manager, Investor Relations
(604) 623-4700 or 1-888-600-2200
Email: dhalliday@nevsun.com
Website: www.nevsun.com
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Source: Nevsun Resources Ltd. |
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