Nevada Copper Intersects 1,164 Feet of 0.49% Copper in the Pumpkin Hollow North Deposit
Published : May 03, 2011
( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Copper | Debt | Gold | Market | Silver |

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 3, 2011) - Nevada Copper Corp. (News - Market indicators) ("Nevada Copper")is pleased to announce further positive drill results from the Western Deposits at the 100% owned Pumpkin Hollow Property located in Nevada. The holes reported below represent assay results from geotechnical drilling related to the Definitive Feasibility Study ("DFS") and initial drill results from the current 20,000 meter step-out and expansion program. Geotechnical drilling and data collection is now complete with all three (3) drilling rigs focused on the expansion drilling program.

In the North Deposit, NC10-GT09 was drilled to collect geotechnical data in the southwestern portion of this deposit. A very large mineralized zone was intersected, the upper portion of the hole confirmed existing mineralization and the lower portion continued in new mineralization. The southwestern boundary of the deposit remains open. Drill hole NC-GT-09 intersected 1,191 feet (363 meters), 1,164 feet (355 meters) true thickness, averaging 0.49% copper.

NC10-75 and 76 were drilled to extend mineralizationin the northwestern portion of the open pit North Deposit. These holes were pre-collared in 2010 and later completed and assayed in 2011.

"Drilling in the North Deposit continues to intersect significant zones of mineralization. NC10-GT09 intersected one of the largest mineralized zones to date. The hole proved very positive as not only was necessary geotechnical data collected and mineral continuity confirmed, the hole was successful in expanding mineralization along the southern boundary of the deposit. Follow up holes are planned and will be added to 2011 program", commented Gregory French, Vice President, Senior Project Manager of Nevada Copper.

NORTH DEPOSIT – Assays greater than 0.2% Cu  
Drill Hole #

From
(m
)

To
(m
)

Length
(m
)

Length
(ft
)
True
Length
(m
)

Copper
(%
)

Gold
(g/t
)

Silver
(g/t
)

Mo
(%
)
NC10-GT09 165.9   528.8   362.9   1,190.6   354.9   0.49   0.073   1.9   0.007  
Including 176.8   272.8   96.0   315.0   93.9   0.80   0.104   3.1   0.007  
  356.6   408.4   51.8   170.0   50.7   0.52   0.075   2.3   0.012  
  429.8   518.2   88.4   290.0   86.5   0.60   0.114   1.7   0.007  
  NC10-75 266.7   281.9   15.2   50.0   10.7   1.09   0.032   0.8   <0.001  
  294.1   317.0   22.9   75.0   16.2   0.20   0.004   0.6   0.004  
  371.9   376.4   4.5   15.0   3.2   0.54   0.019   1.3   0.002  
  NC10-76 189.0   205.1   16.1   53.0   11.4   0.49   0.024   0.9   0.001  
  214.9   221.0   6.1   20.0   4.3   0.97   0.024   1.3   0.001  
  357.7   389.9   32.2   105.8   22.8   0.75   0.021   1.0   0.003  

Geotechnical holes NC10-GT06, GT08, and GT11 were drilled in the South Deposit. NC10-GT06 and GT11 were drilled predominantly in footwall lithologies of the northwest and south portions of the deposit. NC10-GT08 was drilled though mineralization to the northwest. The hole intersected a large zone that confirmed the mineralization, intersecting 614 feet (187 meters), 470 feet (143 meters) true thickness averaging 0.43% copper.

SOUTH DEPOSIT – Assays greater than 0.2% Cu  
Drill Hole #

From
(m
)

To
(m
)

Length
(m
)

Length
(ft
)
True
Length
(m
)

Copper
(%
)

Gold
(g/t
)

Silver
(g/t
)

Fe
(%
)
NC10-GT06 125.0   152.4   27.4   90.0   23.0   0.57   0.103   4.3   25.7  
  285.3   292.8   7.5   24.7   6.3   0.32   0.131   2.8   16.8  
NC10-GT08 127.1   314.2   187.1   614.0   143.3   0.43   0.054   1.3   30.8  
NC10-GT11 163.1   294.4   131.3   431.0   100.6   0.39   0.092   1.0   2.5  

Plan maps with recent drill locations are available at http://www.nevadacopper.com/i/pdf/NO_section_48100E.pdf.

About Nevada Copper

Nevada Copper has 59.0 million shares outstanding and is well funded with no debt and approximately $21 million in cash. The DFS is being prepared by Tetra Tech and targeted for completion by June 30, 2011. Further drill results from its resource step-out and expansion drilling program will be released as they become available.

The Pumpkin Hollow drilling program is under the supervision of Gregory French, CPG #10708, and a Qualified Person as defined in Canadian National Instrument 43-101, who is responsible for the preparation of the technical information in this news release. All assaying and whole rock geochemistry is processed at the American Assay Laboratories (AAL) in Reno, Nevada. Samples are delivered from the project core logging facility to AAL by Nevada Copper or AAL personnel. A Quality Assurance and Quality Control Assay Protocol have been implemented whereby blanks and standards are inserted into the assay stream and check samples are sent to Chemex-Reno and Inspectorate-Reno laboratories.

For additional information about Nevada Copper please visit our website at www.nevadacopper.com.

To see additional maps, please visit the following link: http://media3.marketwire.com/docs/nc52.pdf.

NEVADA COPPER CORP.

Giulio T. Bonifacio, President & CEO

We seek safe harbour.



Nevada Copper Corp.
Eugene Toffolo
Corporate Communications
604-683-8266 or Toll free: 1-877-648-8266
etoffolo@nevadacopper.com
or
Nevada Copper Corp.
Robert McKnight, P.Eng.
Executive Vice President
604-683-1309
bmcknight@nevadacopper.com
www.nevadacopper.com

Nevada Copper

DEVELOPMENT STAGE
CODE : NCU.TO
ISIN : CA64128F1099
CUSIP : 64128F
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Nevada Copper is a copper exploration company based in Canada.

Nevada Copper develops copper, gold, iron and silver in USA.

Its main asset in development is PUMPKIN HOLLOW in USA.

Nevada Copper is listed in Canada and in Germany. Its market capitalisation is CA$ 2.6 millions as of today (US$ 1.9 millions, € 1.8 millions).

Its stock quote reached its highest recent level on April 08, 2011 at CA$ 6.42, and its lowest recent point on June 07, 2024 at CA$ 0.03.

Nevada Copper has 88 170 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
In the News and Medias of Nevada Copper
5/9/2019Nevada Copper inks $115m deal to construct Pumpkin Hollow
8/31/2018Nevada Copper shares jump on construction decision
5/16/2018Nevada copper provides positive update on drill program: int...
Financings of Nevada Copper
4/19/2016Amends Red Kite and Pala Loan Terms
4/27/2010Closes $23,7 Million Bough-Deal Private Placement Financing
4/9/2010$20.6 Million Bought-Deal Private Placement Financement
10/27/2009$11,250,000 Private Placement with Capstone Mining Corp.
Nominations of Nevada Copper
8/8/2013Appoints Director
2/28/2012Appoints New Director and Launches Project Website
Project news of Nevada Copper
9/9/2013Receives All Permits For Stage 1 Underground Mine
7/28/2011(Pumpkin Hollow)Obtains 100% of Water Needs for the Pumpkin Hollow Project
4/28/2011(Pumpkin Hollow)Provides Update on Feasibility Study & Engages Merit for Pre...
4/12/2011INTERSECTS 415 FEET OF 1.84% COPPER
3/31/2011(Pumpkin Hollow)s Mineral Resource Estimate and Clarifies Technical Disclosu...
2/8/2011S FEASIBILITY STUDY PROGRESS
8/4/2010(Pumpkin Hollow)Intersects 230 Feet of 1.46% Copper in The Open Pittable Nor...
7/8/2010(Pumpkin Hollow)E2 Deposit Drilling Intersects 145 Feet of 2.37% Copper and ...
6/16/2010(Pumpkin Hollow)Mineralization Remains Open at North Deposit: Intersecting 9...
5/27/2010(Pumpkin Hollow)Increases Drilling Program
5/18/2010(Pumpkin Hollow)Discovers Two New Zones Intersecting 275 Feet of 0.98% Coppe...
5/6/2010(Pumpkin Hollow)Step Out Drilling Expands the Open Pittable North Deposit: I...
4/23/2010(Pumpkin Hollow)Drills Over 650 Feet Of Greater Than 0.70% Copper In Three S...
2/16/2010(Pumpkin Hollow)Continues to Intersect High Grade Copper
1/21/2010(Pumpkin Hollow)Intersects 31.1 Meters of 2.45% Copper
1/14/2010Files NI 43-101 Preliminary Economic Assessment
12/8/2009(Pumpkin Hollow)Commences Pre-Feasibility & 25,000 Meter Drilling Program
8/25/2009(Pumpkin Hollow)Files resource update NI 43-101 on Sedar
7/15/2009(Pumpkin Hollow)Reports Significant Resource Increase to 9.3 Billion Pounds ...
Corporate news of Nevada Copper
6/9/2016Nevada Copper Closes Cdn$4.6 Million Equity Offering
6/3/2016Nevada Copper Closes Cdn$ 10.5 Million Financing With Red Ki...
6/1/2016Nevada Copper Solar Zoning Approved
5/27/2016Nevada Copper Annual Meeting Results
5/27/2016Nevada Copper Announces Red Kite Funding Commitment And Equi...
5/3/2016Nevada Copper and City of Yerington Advance Solar Zoning
4/22/2016Nevada Copper Announces Filing Of Amended Prospectus And Exe...
4/5/2016Nevada Copper Amends Red Kite and Pala Loan Terms
1/28/2016Nevada Copper Appoints Directors
11/3/2015Nevada Copper Intersects 105 Feet of 2.55% Copper in the Eas...
10/13/2015Nevada Copper Acquires Private Land & Completes Federal Land...
9/30/2015Nevada Copper Provides Corporate and Project Update
9/10/2015Nevada Copper Intersects 462 Feet of 0.64% Copper
8/21/2015IIROC Trade Resumption - NCU
8/21/2015Federal Land Conveyance Complete at Nevada Copper's Pumpkin ...
8/20/2015IIROC Trading Halt - NCU
8/17/2015Nevada Copper Fully Permitted
7/31/2015Nevada Copper Extends and Increases Bridge Loan Facility
7/31/2015Nevada Copper Receives Air Pollution Control Permit
7/17/2015Nevada Copper Receives Decision Record on Yerington Land Con...
7/15/2015Nevada Copper Intersects 448 Feet Grading 1.0% Copper
7/9/2015Nevada Copper Files Integrated Feasability Study on SEDAR
6/29/2015Nevada Copper Election of New Director and Annual Meeting Re...
6/24/2015Nevada Copper Continues to Expand Open Pit Mineralization In...
4/23/2015Nevada Copper Pumpkin Hollow Project Update
2/10/2015Nevada Copper Pumpkin Hollow Project Update
12/30/2014Nevada Copper Closes US$200 Million Loan Facility
12/22/2014President Signs National Defense Authorization Act That Incl...
12/3/2014Nevada Copper Project Update
11/4/2014Nevada Copper Project Update
7/30/2014Nevada Copper Advances Lyon County Bill
7/16/2014Nevada Copper Provides 2014 Update
7/2/2014Nevada Copper Provides Update & AGM Results
5/12/2014Nevada Copper Update on Lyon County Land Bill
1/23/2014NCU - Nevada Copper featured on KTVN - Channel 2 News
10/28/2013Announces Management Additions
10/9/2013Receives Additional US$15 Million Under Its US$200 Million S...
10/1/2013Announces $24 Million Equipment Financing
8/26/2013Receives Water Pollution Control Permit
7/16/2013Remaining Stage One Permits Issued for Public Comment
6/25/2013Receives Special Use Permit and Provides Update on Land Bill
6/17/2013North Deposit Drilling Intersects Multiple Zones of Minerali...
6/10/2013Receives Reclamation Permit
5/28/2013Provides Update on State Permits
5/7/2013s Lyon County Bill Status
4/23/2013(Pumpkin Hollow)to Proceed With Two-Stage Approach to Building Pumpkin Hollo...
4/17/2013s Permitting and Yerington Land Bill Status
4/17/2013s Permitting and Yerington Land Bill Status
3/28/2013Closes US$200 Million Loan Facility and Concentrate Off-Take...
3/11/2013North Deposit Mineralization Continues to Expand Intersectin...
2/15/2013-Permitting and Feasibility Study Update
1/3/2013Status of Congressional Action-Lyon County Land Bill
10/30/2012North Deposit Mineralization Remains Open Intersecting 119 F...
10/19/2012Files Resource Update NI 43-101 Technical Report on SEDAR
10/5/2012to Purchase 17.8% of Mercator Minerals
9/5/2012Governor Sandoval's Trade Mission to China and South Korea
8/9/2012Drilling Continues to Expand Shallow Mineralization in the S...
7/10/2012Submits Mine Development Permit Applications and Announces D...
6/20/2012-Project Update/Land Bill Passed by the House
6/5/2012s Permitting and Yerington Land Conveyance
5/29/2012Intersects 470 Feet at 0.73% Copper in the North Deposit
4/19/2012Provides an Update on House Subcommitee Hearing on Yerington...
4/10/2012Mineralization Continues to Expand in the North Deposit; Lan...
3/26/2012Announces Introduction of Land Conveyance Bill in the United...
3/13/2012Intersects 9.08% Copper in Open Pittable North Deposit
2/27/2012Appoints New Director & Launches Project Website
2/22/2012Breaks Ground on Underground Shaft
2/16/2012Announces Introduction Of Yerington Land Conveyance Bill
2/7/2012Files Feasibility Study on SEDAR
1/23/2012Announces Positive Feasibility Study Results
1/17/2012(Pumpkin Hollow)Hosts Conference Call to Discuss Pumpkin Hollow Definitive F...
1/9/2012North Deposit Continues to Expand-NC1127 Intersects Minerali...
12/16/2011Announces Selection of Underground Contractor
11/29/2011Coppper-Update on Underground Contractor Selection & Feasibi...
9/29/2011Annnounces Management Addition and Shaft Contract Update
9/19/2011-Feasibility Study Update and Land Transfer
9/7/2011Mineralization Continues to Expand, Intersecting Over 600 Fe...
8/16/2011North Deposit Continues to Expand, Drilling Multiple Interva...
6/14/2011Expands North Deposit Intersecting 785 Feet of 0.73% Copper ...
5/25/2011Steps Out and Drills 126 Feet of 1.26% Copper/Definitive Fea...
5/3/2011(Pumpkin Hollow)Intersects 1,164 Feet of 0.49% Copper in the Pumpkin Hollow ...
12/1/2009Robust Economic Results
12/1/2009Reports robust economic results
11/3/2009Capstone Mining Makes Strategic Investment in Nevada Copper
6/29/2009US$2,000,000 Convertible Debenture
5/2/2007Press Release: Augusta Files Q1 Financials - Negotiates Sale...
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TORONTO (NCU.TO)FRANKFURT (ZYT.F)
0.0300.00%0.045-4.26%
TORONTO
Prev close Open
Low High
Year l/h YTD var.
0.030 -  0.140 -100.00%
52 week l/h 52 week var.
0.030 -  0.175 -100.00%
Volume 1 month var.
-100.00%
Produces
Develops Copper - Gold - Silver
Explores for
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 3/23/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
2024-76.92%0.140.03
2023-55.17%0.420.13
2022-53.23%0.790.20
2021327.59%1.220.07
2020-60.27%0.380.06
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.08+0.50%Trend Power :
OceanaGold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 9.31+4.49%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.60+1.18%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.05+10.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.08+0.97%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
 13.38+5.64%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.34+0.00%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.19+2.70%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
 1.88+6.21%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 41.21+2.08%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+0.00%Trend Power :
Take advantage of rising gold stocks
  • Subscribe to our weekly mining market briefing.
  • Receive our research reports on junior mining companies
    with the strongest potential
  • Free service, your email is safe
  • Limited offer, register now !
Go to website.