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To: Goose94 who wrote (12755)	5/15/2015 8:13:32 PM
From: Goose94	Read Replies (2) \| Respond to of 202925

Zinc's Rally Is Not Just Speculation Zinc prices have been climbing higher. The base metal’s rally is fueled in part by growth in speculative interest. But it is largely a supply-side story. The prices of some commodities, such as oil and iron-ore, may remain depressed in the near term, but zinc appears poised for growth. The price of the base metal, which is used mainly to galvanize steel and mixed with copper to make brass, has climbed by 20% since mid-March to last week's peak of $2,400 per tonne. Overall, zinc has climbed 7% this year at the London Metals Exchange, and could continue going higher. The recent increase in prices is due in part to the growth in speculative interest. As per LME's most recent Commitments of Traders Report dated May 8, traders held 98,417 lots of net long positions in zinc - that's equivalent to more than one-fifth of the total number of futures contract. No other base metal at the LME has higher long positions. Despite skepticism, I believe the heavy investment flows are not unfounded. With supply cuts coming from mine closures and healthy demand, Zinc's fundamentals have been improving. The Brunswick and Perseverance mines located in Eastern Canada, which were owned by Glencore (GLNCY), closed in 2013. This contributed to zinc's 60,000 tonne deficit in that year. This shortfall expanded to nearly 310,000 tonnes last year and will continue expanding on closure of some of the biggest mines in the world in the next two years. The Century mine in Australia is going to shut down this year as it reaches the end of its life. Century, which was indirectly owned by Chinese government controlled Minmetals Corp, was the world's third biggest open cut zinc mine and represented 4% of the global output. In addition to this, Vedanta Resources' (VDNRF) giant Lisheen mine in Ireland, Europe's second largest zinc mine, is going to close in the third quarter of this year. Besides, some relatively smaller European and African mines are also nearing the end of their lives. Meanwhile, new deposits of the metal have remained elusive, forcing producers to explore in the remote corners of the world. The positive impact of closures will be partly offset as some of the producers bring previously closed mines back online due to improvement in prices. Australia's Energia Minerals, for instance, is going to double its zinc output by restarting its flagship Gorno facility located in Italy in the coming years. On top of this, zinc producers and consumers are sitting on top of 1.5 million tonnes of refined zinc stocks, according to International Lead and Zinc Study Group. Due to these two factors, it is unlikely that zinc prices will rebound quickly. But no major zinc mine is lined up to begin operation anytime soon while growing deficit will lead towards a drawdown of inventories. In other words, zinc is moving into a sustainable deficit market. Therefore, I believe prices are going to increase, but it is going to be a slow process. For investors, however, pure-play zinc stocks or exchange traded funds are extremely rare. This is due in part to the industry's consolidation which happened a few years ago in which smaller zinc producers were acquired by the bigger players. For exposure to zinc, investors have to either look into zinc-levered metals producers, such as Hudbay Minerals (HBM-T) or Teck Resources (TCK.B-T), or early stage companies that are on track to become major zinc producers in the near future such as Nevsun Resources (NSU-T), or foreign companies that do not trade on any major exchange in the U.S., such as Hindustan Zinc (:HNDZY-OTC) which is the world's second leading zinc producer with an enviable low-cost advantage. Message 30069326

To: Goose94 who wrote (12755)	6/1/2015 10:07:58 AM
From: Goose94	Respond to of 202925

NSU-T new 52 week high, $5.35

To: Goose94 who wrote (12755)

6/18/2015 8:27:31 AM

From: Goose94

Read Replies (1) | Respond to of 202925

Cash Cow! Nevsun Resources (NSU-T) June 18, '15 is pleased to announce assay results from a new massive sulphide discovery at the grassroots Asheli prospect on the Mogoraib River Exploration License located 20 kilometers southwest of the Bisha processing plant. The Asheli drilling is part of the 2015 Bisha regional exploration program which builds on the highly successful 2014 program.

HIGHLIGHTS

New greenfield volcanogenic massive sulphide discovery at Asheli

High grade massive sulphide intersections include:

MX-052: 2.29% Cu, 4.50% Zn, 0.45 g/t Au, 37 g/t Ag over 22.9 m Including 3.67% Cu, 8.04% Zn, 0.68 g/t Au, 50 g/t Ag over 7.4 m and 7.92% Cu, 3.89% Zn, 1.14 g/t Au, 101 g/t Ag over 2.9 m

MX-056: 1.26% Cu, 6.08% Zn, 0.28 g/t Au, 26 g/t Ag over 20.9 m including 1.71% Cu, 8.51% Zn, 0.37 g/t Au, 35 g/t Ag over 10.9 m

Deposit is associated with highly altered felsic volcanics and is open to expansion

Numerous untested geophysical targets along 4 km of similar stratigraphy

Nevsun CEO Cliff Davis commented, "We continue to have excellent results from our exploration programs at Bisha. The assays reported today demonstrate that the Bisha District hosts numerous deposits like other classic volcanogenic massive sulphide (VMS) camps worldwide. Our new greenfield discovery at Asheli is exciting in that it shows that the mineralizing systems on the Asheli trend are capable of producing high grade deposits with good thicknesses of massive sulphide. With over 4 kilometers of untested strike length with similar geology the potential for further discoveries on this trend looks very promising".

Asheli Prospect

The Asheli area was targeted for the initial drill testing of the over 5 kilometer long Asheli Trend which is characterized by an extensive highly siliceous felsic fragmental unit that has numerous geophysical (airborne VTEM and ground Transient EM (TEM)) anomalies associated with it. A previous operator of the project had drilled 10 short holes at Asheli targeting surface gossans that contained anomalous gold values (ASD-series of holes). These drill holes did not intersect any massive sulphide mineralization but did encounter narrow zones with minor chalcopyrite and sphalerite stringers. Bisha Mining Share Company (BMSC) re-evaluated the area by field mapping and completing a lithogeochemical analysis of the volcanic rocks. This work defined a 700 meter long zone of highly sericite and chlorite altered felsic volcanic stratigraphy associated with gossan zones enhancing the probability that a VMS deposit was likely to be found in the area.

Hole MX-044 drilled immediately below historical holes ASD-001 and ASD-003 which had tested a surface gold bearing gossan intersected the first indications of a new massive sulphide deposit. MX-044 returned 8.30 meters of massive sulphide grading 1.44% Cu, 4.00% Zn, 0.37 g/t Au, 27 g/t Ag. Follow-up drilling in hole MX-052 confirmed the new discovery with 22.90 meters of massive sulphide grading 2.29% Cu, 4.50% Zn, 0.45 g/t Au, 37 g/t Ag and similar results were encountered in hole MX-056 drilled approximately 100 meters above MX-052. The mineralization is associated with strongly chlorite and sericite altered felsic volcanics.

Chalcopyrite-rich zones in the massive sulphide produce strong borehole TEM responses and these responses are helping to guide the drilling of the deposit by allowing large over 100 meter step-outs in the initial drill evaluation. The zone remains open to expansion in a number of directions.

The Asheli discovery highlights the prospectivity of the Asheli Trend. With only 1 kilometer of the trend drill tested during this first phase of exploration and an additional 4 kilometers that has never been drill tested and having similar geology, the likelihood of further discoveries is high. Rainy season begins in mid-June and will require further work to be paused until later in the year.

Regional Exploration Program

The 2015 BMSC regional exploration program is currently focused on three main areas: expansion of the Harena deposit at depth and along strike; exploring the perimeter of the Bisha deposit at depth and along strike; and, evaluating regional targets on the Mogoraib River License at Asheli, Aderat and Tekewuda. Systematic surface and borehole TEM surveys in combination with geological and lithogeochemical modeling is being used to successfully guide the exploration effort.

Quality Assurance

A Quality Assurance/Quality Control program was part of the sampling program for the Asheli work. This program includes chain of custody protocols as well as systematic use of standards, duplicates and blank samples into the flow of samples produced by the sampling. All samples were prepared and analyzed at Bisha's on-site laboratory independently operated by SGS.

Drilling intercept lengths only are reported in the tables and text below.

Mr. Robert Foy P.Geo., BMSC's Exploration Manager, has been overseeing the drilling at Asheli and is a Qualified Person as defined by NI 43-101. Mr. Foy has reviewed the technical content of this press release and approved its dissemination.

NEVSUN RESOURCES LTD.

"Cliff T. Davis"
Cliff T. Davis
President & Chief Executive Officer
NSU15-18.doc

Asheli Intersections

Hole ID	From	To	L (m)	Cu %	Zn %	Au ppm	Ag ppm	Rock Type
MX-044	202.20	210.50	8.30	1.44	4.00	0.37	27	MSUL
includes	204.50	207.00	2.50	1.56	8.51	0.33	27	MSUL

MX-052	242.00	264.90	22.90	2.29	4.50	0.45	37	MSUL
includes	242.70	250.10	7.40	3.67	8.04	0.68	50	MSUL
and	255.00	264.90	9.90	1.99	3.38	0.36	39	MSUL
and	242.70	245.60	2.90	7.92	3.89	1.14	101	MSUL
and	259.90	261.80	1.90	5.62	2.53	0.37	66	MSUL

MX-056	142.10	163.00	20.90	1.26	6.08	0.28	26	MSUL
includes	142.10	153.00	10.90	1.71	8.51	0.37	35	MSUL
and	153.00	161.50	8.50	0.84	3.91	0.20	16	MSUL

Assays are pending for holes MX-041 - 043; MX-045 – 051; MX-053 – 055; MX-057 - 058

Asheli Figures 1-4

Drill Collar Locations

HOLE ID	UTM Easting	UTM Northing	Elevation	Depth (m)	Azimuth	Dip
MX-041	319722	1704390	675	350	120	-50
MX-042	319713	1704286	676	350	120	-60
MX-043	319943	1704493	673	299	120	-55
MX-044	319629	1704138	678	335	120	-55
MX-045	320092	1704641	671	143	120	-55
MX-046	319529	1704000	679	291	120	-55
MX-047	320637	1705652	660	164	120	-55
MX-048	319521	1704198	677	410	120	-55
MX-049	319433	1704053	680	428	120	-60
MX-050	319361	1703843	682	440	120	-58
MX-051	319608	1704340	675	440	120	-60
MX-052	319580	1704068	677	356	120	-63
MX-053	319953	1704255	675	215	120	-58
MX-054	319476	1704126	681	503	120	-62
MX-055	320192	1704582	671	128	120	-55
MX-056	319623	1704042	679	209	120	-55
MX-057	319503	1704400	677	600	120	-68
MX-058	319478	1704222	677	600	120	-68

Note: Collar coordinates are in UTM WGS84 Zone37N

Assays are pending for holes MX-041 - 043; MX-045 – 051; MX-053 – 055; MX-057 - 058

SOURCE Nevsun Resources Ltd.