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Gold/Mining/Energy : NEVSUN

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To: Rick W. who wrote (125)3/11/1999 3:42:00 PM
From: Dan P   of 205
 
Rick:

News Release:

Very good results indeed. Courtesy of Stockscape.

Dan






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NEVSUN RESOURCES LTD: Diamond Drilling Results from Tabakoto Project, Mali / March 11, 1999

NEVSUN RESOURCES LTD ("NSU-TV;NEVNF-L") - Diamond Drilling Results from Tabakoto Project,
Mali Nevsun Resources Ltd. is pleased to announce that the Company has received fire assay results
from the first five holes of the recently completed 2,200 metre oriented-core diamond drilling program
at its Tabakoto Project in western Mali. These results include several high grade intercepts that
confirm the continuity of the gold bearing structures at Tabakoto.

Diamond Interval Core Grade Core Grade
Drill From To Length g/tonne Length Oz/ton
Hole No. (m) (m) (m) Au (ft) Au

T-244 90.60 - 98.10 7.50 3.17 24.5 0.09
105.06 - 124.90 19.84 7.83 64.9 0.23
incl. 105.06 - 108.56 3.50 13.98 11.4 0.41
incl. 116.75 - 120.58 3.83 14.40 12.5 0.42
T-245 158.30 - 173.40 15.10 4.31 49.4 0.13
incl. 161.35 - 166.60 5.25 9.85 17.2 0.29
T-246 94.60 - 103.50 8.90 15.40 29.1 0.45
incl. 102.50 - 103.50 1.00 113.92 3.3 3.35
107.70 - 112.52 4.82 1.22 15.8 0.04
T-247 133.42 - 146.00 12.58 2.03 41.1 0.06
incl. 139.50 - 141.35 1.85 6.77 6.0 0.20
154.25 - 157.50 3.25 10.08 10.6 0.30
incl. 156.05 - 157.50 1.45 22.14 4.7 0.65
T-248 150.50 - 164.05 13.55 1.91 44.3 0.06
incl. 150.50 - 155.80 5.30 3.87 17.3 0.11

Fire assay results from the remaining seven diamond drill holes will be released upon receipt of
results. Bill Nielsen, General Manager, Geology for Nevsun Resources Ltd. supervised and directed all
work conducted in this drill programme. Fire assays were conducted at ABILAB Afrique de l'Ouest,
S.A.R.L. of Bamako, Mali. All assays were supervised by certified chemists who are members of the
Order of Chemists of Quebec. TEL: (604) 623-4700 Don Halliday, V.P., Corporate Development TOLL
FREE: 1-888-600-2200 Email: dhalliday@nevsun.com Website: www.nevsun.com

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