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Nevada Copper

Publié le 28 février 2012

Appoints New Director and Launches Project Website

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Mots clés associés :   Canada | Copper |

NEVADA COPPER APPOINTS NEW DIRECTOR &

LAUNCHES PROJECT WEBSITE

 

Nevada Copper Corp. (TSX: NCU) ("Nevada Copper") The Board of Directors of Nevada Copper is very pleased to announce the appointment of Mr. Victor Bradley to its Board of Directors. Mr. Bradley is a Chartered Accountant with more than 40 years of experience in the mining industry, including 15 years with Cominco Ltd. and McIntyre Mines Ltd. in a wide variety of senior financial positions from Corporate Controller to Chief Financial Officer. Over the past 25 years Mr. Bradley has founded, financed and operated several mining and advanced stage exploration and development companies.

 

In March 1994, Mr. Bradley founded Yamana Gold Inc. (formerly ?Yamana Resources Inc.?) collectively ?Yamana?. Mr. Bradley served as its President and CEO until July 2003. By 2001, Yamana had discovered, developed, financed and put into production the high grade Mina Martha silver mine located in southern Patagonia, Argentina.  Mr. Bradley negotiated and consummated the reverse takeover of Yamana by Santa Elina Mines of Brazil in the first half of 2003 and then moved, in July 2003, to serve as Chairman of the Board and subsequently Lead Director until May 2008. As Chairman, Mr. Bradley helped guide Yamana through the acquisition of Santa Elina?s gold assets, including a producing gold mine bought from CVRD and five other significant corporate acquisitions, including Desert Sun, Meridian, Northern Orion and Viceroy.  By 2008, Yamana had grown into an intermediate gold producer. Going forward, continuing growth saw Yamana reach an annual rate of gold production of over 1,000,000 ounces by late 2011. Additionally, copper production commenced in early 2007 and annual production was about 135 million pounds per year for the next 5 years.  During his time with Yamana, Mr. Bradley participated in many equity and debt financings.  Today, Yamana has a current market capitalization of approximately $13 billion.

 

Since November 2006 Mr. Bradley has been Chairman of Osisko Mining Corp, one of Canada?s modern mining success stories. Osisko?s Canadian Malartic mine is now on track to produce more than 600,000 ounces of gold per year for its first 5 years of mine life. Osisko arranged project financing of greater than $1 billion in debt and equity in 2009 for the Canadian Malartic mine and has a current market capitalization of approximately $5 billion.

 

Mr. Giulio Bonifacio, President & CEO commented, "On behalf of Nevada Copper's Board of Directors, we welcome Vic to our team. Vic?s extensive background in leadership positions will prove invaluable to Nevada Copper at our advanced stage of development, as we move the Pumpkin Hollow copper project towards construction. Vic will bring his many years of mining industry experience, his wide knowledge of the industry and his many contacts to assist Nevada Copper as we move forward.?

 

Other Business Developments

 

On February 16, 2012, Nevada Copper launched its project website (www.pumpkinhollowcopper.com). This website is intended to augment the corporate website (www.nevadacopper.com) that serves the investment community.  The project website is focused on the local and regional community.  Both the corporate and project websites will be linked.

 

The project website provides more detail on the history of the project, on the activities that are taking place and upcoming plans.  It will regularly update the community on the way the project is being designed to protect the environment, on the status of permits, construction on the Advanced Exploration shaft and on the people working on the project.

 

Following release of its Feasibility Study results on January 23, 2012, Nevada Copper is actively pursuing permits for a 67,500 tons/day integrated open-pit and underground copper operation.  Nevada Copper has already commenced shaft sinking operations (see February 21, 2012 News Release).  Now that the Feasibility Study has been published, discussions on project funding arrangements for the integrated open-pit and underground copper operation are currently underway.

 

An updated feasibility study will be released by Q3-2012 to incorporate positive results of the 50,000 meter drilling program conducted since October 2010.  The related mineral resources, reserves and pit designs will be updated. Also the benefits of magnetite recovery and sales from the iron magnetite resource will also be evaluated.  These updates to the feasibility study are expected to further improve the already-robust project economics.

 

NEVADA COPPER CORP.

 

Giulio T. Bonifacio, President & CEO

 

Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Nevada Copper

EN DÉVELOPPEMENT
CODE : NCU.TO
ISIN : CA64128F1099
CUSIP : 64128F
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Nevada Copper est une société d’exploration minière de cuivre basée au Canada.

Nevada Copper est en développement de projets de cuivre, d'argent, de fer et d'or en USA.

Son principal projet en développement est PUMPKIN HOLLOW en USA.

Nevada Copper est cotée au Canada et en Allemagne. Sa capitalisation boursière aujourd'hui est 7,9 millions CA$ (5,8 millions US$, 5,4 millions €).

La valeur de son action a atteint son plus haut niveau récent le 08 avril 2011 à 6,42 CA$, et son plus bas niveau récent le 06 novembre 2020 à 0,06 CA$.

Nevada Copper possède 88 170 000 actions en circulation.

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Dans les médias de Nevada Copper
09/05/2019Nevada Copper inks $115m deal to construct Pumpkin Hollow
31/08/2018Nevada Copper shares jump on construction decision
16/05/2018Nevada copper provides positive update on drill program: int...
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08/08/2013Appoints Director
28/02/2012Appoints New Director and Launches Project Website
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28/07/2011(Pumpkin Hollow)Obtains 100% of Water Needs for the Pumpkin Hollow Project
28/04/2011(Pumpkin Hollow)Provides Update on Feasibility Study & Engages Merit for Pre...
12/04/2011INTERSECTS 415 FEET OF 1.84% COPPER
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18/05/2010(Pumpkin Hollow)Discovers Two New Zones Intersecting 275 Feet of 0.98% Coppe...
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23/04/2010(Pumpkin Hollow)Drills Over 650 Feet Of Greater Than 0.70% Copper In Three S...
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21/01/2010(Pumpkin Hollow)Intersects 31.1 Meters of 2.45% Copper
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09/06/2016Nevada Copper Closes Cdn$4.6 Million Equity Offering
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01/06/2016Nevada Copper Solar Zoning Approved
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30/09/2015Nevada Copper Provides Corporate and Project Update
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31/07/2015Nevada Copper Extends and Increases Bridge Loan Facility
31/07/2015Nevada Copper Receives Air Pollution Control Permit
17/07/2015Nevada Copper Receives Decision Record on Yerington Land Con...
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29/06/2015Nevada Copper Election of New Director and Annual Meeting Re...
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23/01/2014NCU - Nevada Copper featured on KTVN - Channel 2 News
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09/10/2013Receives Additional US$15 Million Under Its US$200 Million S...
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26/08/2013Receives Water Pollution Control Permit
16/07/2013Remaining Stage One Permits Issued for Public Comment
25/06/2013Receives Special Use Permit and Provides Update on Land Bill
17/06/2013North Deposit Drilling Intersects Multiple Zones of Minerali...
10/06/2013Receives Reclamation Permit
28/05/2013Provides Update on State Permits
07/05/2013s Lyon County Bill Status
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17/04/2013s Permitting and Yerington Land Bill Status
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28/03/2013Closes US$200 Million Loan Facility and Concentrate Off-Take...
11/03/2013North Deposit Mineralization Continues to Expand Intersectin...
15/02/2013-Permitting and Feasibility Study Update
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19/10/2012Files Resource Update NI 43-101 Technical Report on SEDAR
05/10/2012to Purchase 17.8% of Mercator Minerals
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20/06/2012-Project Update/Land Bill Passed by the House
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22/02/2012Breaks Ground on Underground Shaft
16/02/2012Announces Introduction Of Yerington Land Conveyance Bill
07/02/2012Files Feasibility Study on SEDAR
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