Press release article from our research archive:

Bisha mining license issued.

M2 PRESSWIRE-8 January 2008-Nevsun Resources Ltd: Bisha mining license issued(C)1994-2008 M2 COMMUNICATIONS LTD

RDATE:08012008

Nevsun Resources Ltd., (NSU-TSX/AMEX) ("Nevsun") is pleased to announce that the Eritrean Minister of Energy and Mines has awarded a mining license to the Company's Eritrean subsidiary, Bisha Mining Share Company ("BMSC"). The mining license area is approximately 16.5 square kilometers within a mining agreement area of approximately 39 square kilometers and includes the Bisha Main Zone deposit and the Northwest Zone deposit. The Company retains an exploration license of approximately 94.5 square kilometers, including the Harena deposit.

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