0001137171-07-001674 Sample Contracts

BISHA MINING AGREEMENT SIGNED
Mining Agreement • December 14th, 2007 • Nevsun Resources LTD • Gold and silver ores

Nevsun Resources Ltd., (NSU-TSX/AMEX) (“Nevsun”) is pleased to announce that its Eritrean venture company, Bisha Share Mining Company (“BSMC”), has concluded a mining agreement with the Government of the State of Eritrea. The mining agreement contains all of the normal provisions governing the future development and operations for the Bisha Project, including all substantive requirements of international financial institutions. BMSC has further applied for the issuance of a mining license that the Government has advised will be issued soon.

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