Nevsun Resources Ltd.

Nevsun Resources Ltd.

January 05, 2005 14:53 ET

Nevsun Resources Ltd.-Eritrea Update: Meeting Requested by Minister of Energy and Mines


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: NEVSUN RESOURCES LTD.

TSX SYMBOL: NSU

JANUARY 5, 2005 - 14:53 ET

Nevsun Resources Ltd.-Eritrea Update: Meeting
Requested by Minister of Energy and Mines

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 5, 2005) - Nevsun
Resources Ltd. (TSX:NSU) is pleased to announce that it has received a
letter from the Minister of Energy and Mines of Eritrea requesting a
consultation meeting at the Company's earliest convenience. The letter
commends the Company's "patience and cooperative stance".

John Clarke, President and Chief Executive Officer, has made
arrangements to be in Eritrea the week of January 10th.

Nevsun, along with all other mineral exploration companies working in
Eritrea, has been under a stop work order from the Government of Eritrea
since September 2, 2004. The request for a meeting from the Minister is
very encouraging.

CAUTIONARY NOTE ON FORWARD-LOOKING STATEMENTS

Some of the statements contained in this release are "forward-looking
statements" within the meaning of Section 21E of the Securities Exchange
Act of 1934. Such forward-looking statements involve known and unknown
risks, uncertainties and other factors that may cause our actual
results, performance or achievements to differ materially from the
anticipated results, performance or achievements expressed or implied by
such forward-looking statement.

NEVSUN RESOURCES LTD.

Dr. John A. Clarke, President & Chief Executive Officer

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Nevsun Resources Ltd.
    Maureen Carse
    Investor Relations
    (604) 623-4700 or 1-888-600-2200
    Email: maureen@nevsun.com
    Website: www.nevsun.com