The Project BISHA is in PRODUCTION stage. Mining Property in ERITREA : Ownership, location, history, geology, maps, reserves and resources, related press releases

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Legends
	Production
	Mine development
	Discovery
	Exploration
	Past producer
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Bisha Project

Bisha

Country

Eritrea

Status

PRODUCTION

Latitude / Longitude

15 N 301661 / 37 E 30

Legends


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Produces

Copper - Gold - Silver - Zinc -

Develops

Explores for

Last updated on 1/5/2011 - Terms of Use

Risk and valuation analysis of the Bisha Project

Status Risk : Production

Country Risk : Very High

Title(s) of the Bisha Project

Nevsun Resources Ltd
Owner: 60%


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Eritrean state mining company Enamco holds a 40% stake in Nevsun’s Bisha gold/copper/zinc project which consists of a 10% free carry and a 30% stake to be purchased at “fair value.”

Location of the Bisha Project
The Bisha Property is located in Eritrea, Africa.

Geology of the Bisha Project
Bisha is a large precious metal and base metal-rich volcanogenic massive sulphide (VMS) deposit. Suggested models for the deposit include felsic dominated bimodal-siliclastic VMS and Noranda/Kuroko type deposits and a comparison has been made to the Matagami VMS district in Quebec.

Exploration and drilling

11/15/2010	Nevsun Commences Resource Expansion Drilling
10/19/2010	Updates Bisha Project Photo Gallery
10/1/2010	Bisha Looks Forward to Significant Reserve and Production Ex...
8/23/2010	Bisha Royalty Buyout Increases Future Cash Flows
7/30/2009	Bisha Project Financing - Major Condition Satisfied
7/17/2009	closes Bisha financing
7/15/2009	Bisha Project Finance Approvals - US$235 million
10/30/2008	BISHA PROJECT - FINANCE AND ECONOMIC AND PROJECT UPDATE
9/4/2008	BISHA CONSTRUCTION UNDERWAY
5/15/2008	Bisha Update-Capital and Operating Costs
3/11/2008	Bisha
3/3/2008	Bisha update
2/25/2008	BISHA Update
1/8/2008	Bisha mining license issued
12/12/2007	Bisha Mining Agreement Signed
2/2/2006	Metallurgical Drill Hole Results, Bisha, Eritrea

Discoveries and Drilling Results

9/22/2009	Bisha Project Secures Sales Contracts
4/26/2006	Drill Results from the Northwest Zone and Bisha Hangingwall ...

Location

Data last updated on : 12/31/2008

Disclaimer
All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.