Nevsun Resources Ltd.

Nevsun is a gold and base metal developer focused on the rapid completion and production of the Bisha Mine, a fully financed high-grade gold, copper and zinc deposit in Eritrea, Africa. The Bisha Mine will be a low-cost gold producer for the first two years of production, and a low-cost, high-grade copper and zinc producer for the remaining 10 year mine life. The project is positioned to return payable metals of:

• 1.06 Million Oz Gold
• 9.4 Million Oz Silver
• 734 Million Lb Copper
• 1,075 Million Lb Zinc

View Nevsun's Corporate Presentation (11/5/09)

View Nevsun's Investor Fact Sheet (11/3/09)

Nevsun featured in Reuters (2/1/10)

Watch Peter Grandich recommend Nevsun in BNN interview (11/5/09).

Watch Sprott Asset Management's Charles Oliver recommend Nevsun in BNN interview (10/16/09).

"Most investors wait for tough times to come. But when they inevitably do come, most investors fail to take action. Some things never change.

But I'm not about to give up and let the next 'crisis' slip through our hands. And right now the next investing 'crisis' appears to be in the small African nation of Eritrea. Bordering the Sudan, Djibouti, Somalia, and right across the Red Sea from Yemen, Eritrea has been thrown into crisis.

A few weeks ago the U.N. slapped even more sanctions on the small African nation in the hopes of helping out the presiding Somalian government. . .Basically, the U.N. sees Eritrea as a supporter of insurgents in Somalia. And the sanctions spooked a lot of investors out of Eritrea.

Long-time Prudent Investors should be familiar with what's going on in the troubled African region as we took a deep look at it when we recommended Nevsun Resources. That's why with the recent announcement of U.N. sanctions against Eritrea spooked a lot of investors, but has me even more excited about Nevsun's upside potential.

We'll be visiting Nevsun's property, meeting with a few local politicians and getting the best idea we can of what's going on in the country."
    -   Andrew Mickey, Prudent Investing (01/20/10)

"One junior gold company I really like right now is in that larger junior tier, and that's Nevsun (TSX:NSU; NYSE.A: NSU). The first two years it produces it will produce mostly gold, and then it becomes basically a copper-zinc mine in the out years. It's fully financed now with debt from European and South African lenders, and Nevsun is comfortable with building a mine in Eritrea, Africa.

So, that one really makes sense to me, and it's really doing well. The stock is $3 now, and the biggest risk I see to it, aside from commodity price risk, is that it gets taken out at around $5 or $6 before it realizes its full potential. In a market like this, that's a risk worth taking."
    -   The Gold Report Interview with Andrew Mickey (11/10/09)

Nevsun listed in Mineweb's World's 100 Hottest Gold Stocks. Read full article.
    -   Mineweb (11/04/09)

TGR: Do you have any juniors that are emerging that we can discuss?

RG: Two that I cover that are small, but could become something bigger. The first one is Apollo Gold. . .The other one is Nevsun (TSX:NSU; NYSE.A: NSU). I'll be the first to admit it doesn't really fit with the low political risk criteria, but it's a name I've covered for quite a while. The reason I covered it initially was the world-class discovery—the Bisha Project—they made about six years ago in Eritrea in Africa. They are now building the mine, which has gold, silver, copper and zinc. The first couple of years of production are gold and there's three years of primarily copper production and then five years of zinc production. It's not a pure play gold company, but it's going to be gold to start. Quite frankly, it's one of the simplest and most attractive ore deposits in the world.

The risk with Nevsun and the reason the price is probably half of what it should be is Eritrea, which is a very young country with an uncertain risk profile. Over the last five years, Nevsun and the government have established a very good partnership where now the government is essentially a 40% partner in the mine. They have a vested interest to make the mine survive and be a successful operation because they're going to make money off it, too.

It's an extremely robust project and I think the country risk is overdone right now. They are building this mine, they have a $235 million project loan from several European and South African banks, and it's a great time to be buying Nevsun because you can buy it now for something that'll be a lot higher a year from now when they start producing.
    -   The Gold Report Interview with Richard Gray (10/30/09)

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