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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 17, 2015) - Nevada Copper Corp. (NCU.TO) ("Nevada Copper" or the "Company") is pleased to announce that it is now fully permitted for construction and operation of a 70,000 tons per day integrated open pit and underground mine at its Pumpkin Hollow Copper Project ("the Project"). On August 9, 2015, the appeal period for the outstanding revised reclamation permit expired. No appeals were filed and this final permit is now effective as of August 14, 2015. The revised reclamation permit was the final outstanding permit required for construction and operation of the Project. Giulio T. Bonifacio, President and CEO commented: "Achievement of a fully permitted project is an enormous achievement and, for Pumpkin Hollow, is the culmination of years of effort by many people. "Pumpkin Hollow has a long life and low operating cost, confirmed by our recently-completed Integrated Feasibility Study with additional upside as demonstrated by recent drilling results. What makes Pumpkin Hollow truly unique, however, is that it is now a fully-permitted copper project located in Nevada - one of the best mining jurisdictions in the world. This makes Pumpkin Hollow an attractive and scarce copper asset." Additional Information The Project, located near Yerington Nevada, is 100%-owned by Nevada Copper. The Project currently has proven and probable reserves of 5.05 billion pounds of copper, 760,585 ounce ounces of gold and 27.6 million ounces of silver. The Company continues to advance financing options and expects that these developments will further enhance those opportunities. For further information please visit the Nevada Copper corporate website (www.nevadacopper.com) and visit our Pumpkin Hollow virtual tour. NEVADA COPPER CORP. Giulio T. Bonifacio, President & CEO We seek safe harbour.
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Nevada Copper
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DEVELOPMENT STAGE |
CODE : NCU.TO |
ISIN : CA64128F1099 |
CUSIP : 64128F |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact 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$ 8.8 millions as of today (US$ 6.5 millions, € 6.1 millions). Its stock quote reached its highest recent level on April 08, 2011 at CA$ 6.42, and its lowest recent point on November 06, 2020 at CA$ 0.06. Nevada Copper has 88 170 000 shares outstanding. |