11:55 AM EST - Nevsun Resources Ltd. : announced strong production results of 98,000 ounces of gold for the quarter ended September 30. Gold production in the quarter was again above expectations due to higher than anticipated grades in the transitional oxide zone. However, Nevsun does not expect this level of production to continue as the transitional oxide zone is nearly exhausted and the mill will start processing lower grade Harena ore in Q4. Bisha is expected to meet or exceed the top end of full year 2012 production guidance of 280,000 to 300,000 ounces of gold. Nevsun Resources Ltd.
shares T.NSU are trading down $0.07 at $4.65.
