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Wednesday 08th of February 2012
Thursday, June 19, 2008

Nevada Copper expands East and North deposits

Nevada Copper expands East and North deposits

Nevada Copper Corp., an emerging copper company responsibly developing its advanced stage Pumpkin Hollow copper-iron property into Nevada’s next copper mine, declares additional high grade copper results at the property located in Nevada.

The company said that the drilling is showing continuity of mineralization and further expand the significant copper resources and grades of both the East and North deposits.

These very encouraging results are the first assays to be reported from the 40,000 meter drill program currently underway which will be followed by an updated resource estimate and Definitive Feasibility Study.

Providing drilling results, the company said that the drill hole NC07-27 on the East Deposit intersected 22.7 meters (74.5 ft) averaging 2.30% copper, including 4.7 meters (15.5 ft) of 4.29% copper and 3.7 meters (12 ft) of 4.62% copper.

The hole was designed to follow up the open and high grade mineralization intersected in nearby NC07-21 which was previously reported and included 27 meters (88 ft) averaging 2.76% copper and 17.1 meters (56 ft) averaging 4.34% copper.

Drill Hole NC07-27 established another 45 meters (150 ft) of strike length on the high grade East Deposit and remains open in several directions.

Joe Kircher, Vice President and COO of the company, said that we’re very encouraged with the grade, thickness and strong continuity demonstrated by this step-out drilling.

It confirms our view that the East Deposit has significant upside to both increase the average copper grade and the projects mine-life. These results are expected to significantly improve an already robust economic profile for the underground resource at Pumpkin Hollow, concluded Mr. Kircher.

 


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