EXPANSION OF DRILLING
PROGRAM AND SELECTION OF TETRA TECH FOR DEFINITIVE
FEASIBILTY
November
25, 2010 - Nevada
Copper Corp. (TSX: NCU) ("Nevada Copper") is pleased to announce that
it will move forward with a 20,000 meter drill program commencing in December
which will focus on the expansion of existing resources as well as testing
several targets on its 22 square mile Pumpkin Hollow property (see map on
following page). Currently two drill rigs are on the property completing the
geotechnical drilling and following up on the newly discovered mineralization
in the North Deposit.
Mr. Henry
Ohlin, Senior Geologist, commented: "Now that we
have successfully delineated the resources necessary for the Definitive
Feasibility Study in our recently-completed 50,000 meter drilling program, we
can now shift our exploration focus toward testing several additional targets
on the property. The North Deposit continues to grow with the newly discovered
mineralization and is a good example of the robust nature of the mineralizing
system at the Pumpkin Hollow property."
Nevada
Copper also announces that Tetra Tech Inc. (?Tetra
Tech?) has been selected to lead completion of the Definitive Feasibility Study
(?DFS?) on the Pumpkin Hollow project and has started on this work. The
decision to proceed directly to a DFS was previously announced on November 1,
2010. The DFS will incorporate all scoping work and engineering completed
to date and advance the remaining work to DFS standards. The DFS is
scheduled for completion by June 30, 2011. Other consultants may also be
included in specialist roles and for DFS oversight.
Tetra
Tech is very familiar
with the Pumpkin Hollow project, having completed two Preliminary Economic
Assessments (?PEA?) in 2008 and early 2010. The
PEA?s examined a variety of development alternatives
while demonstrating very robust economics.
Tetra Tech
was founded in 1966, initially providing engineering services related initially
to waterways, harbours and coastal areas. Over the
ensuing years, it has increased the size and scope of its business to include
mining-related feasibility studies, and design and construction services.
Tetra Tech has approximately 12,000 employees located in more than 330
offices worldwide. Tetra Tech?s
Denver office will be the lead office for the DFS.
For additional information about Nevada Copper
please visit our website at: www.nevadacopper.com.
NEVADA COPPER CORP.
Giulio T. Bonifacio, President & CEO
This news release includes certain statements that may
be deemed ?forward-looking statements?. All statements in this release, other
than statements of historical facts, including the likelihood of commercial
mining and possible future financings are forward-looking statements. Although
Nevada Copper believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, such statements are not
guarantees of future performance and actual results or developments may differ
materially from those in the forward-looking statements. Factors that could
cause actual results to differ materially from those in forward-looking
statements include unsuccessful exploration results, changes in metals prices,
changes in the availability of funding for mineral exploration, unanticipated
changes in key management personnel and general economic conditions. Mining is
an inherently risky business. Accordingly the actual events may differ
materially from those projected in the forward-looking statements. Mineral
resources that are not mineral reserves do not have demonstrated economic
viability. For more information on Nevada Copper and the risks and challenges
of its business, investors should review Nevada Copper?s annual filings that
are available at www.sedar.com.
For further information call:
Eugene
Toffolo, Corporate Communications
Phone: 604-683-8266
Toll free: 1-877-648-8266
Email: etoffolo@nevadacopper.com
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OR:
Giulio T. Bonifacio, President & CEO
Phone: 604-699-0023
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