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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
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EN DÉVELOPPEMENT
CODE : NCU.TO
CUSIP : 64128F
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Financements de Nevada Copper
27/04/2010Closes $23,7 Million Bough-Deal Private Placement Financing
09/04/2010$20.6 Million Bought-Deal Private Placement Financement
27/10/2009$11,250,000 Private Placement with Capstone Mining Corp.
Nominations de Nevada Copper
28/02/2012Appoints New Director and Launches Project Website
17/11/2010NCU - NEVADA COPPER ANNOUNCES INVESTMENT BY PALA, EXERCISE O...
Projets de Nevada Copper
28/04/2011(Pumpkin Hollow)Provides Update on Feasibility Study & Engages Merit for Pre...
31/03/2011(Pumpkin Hollow)s Mineral Resource Estimate and Clarifies Technical Disclosu...
08/02/2011S FEASIBILITY STUDY PROGRESS
25/11/2010(Pumpkin Hollow)Announces Expansion of Drilling Program and Selection of Tet...
09/11/2010(Pumpkin Hollow)Announces Positive Metallurgical Test Results
01/11/2010(Pumpkin Hollow)Announces Decision to Proceed Directly to Definitive Feasibi...
26/10/2010(Pumpkin Hollow)Intersects 305 Feet of 1.02% Copper in the Open Pittable Nor...
05/10/2010(Pumpkin Hollow)Drilling Update
30/09/2010(Pumpkin Hollow)Continues to Intersect Multiple Zones Totaling 481 feet Incl...
08/09/2010(Pumpkin Hollow)Intersects Over 1,258 feet of 0.58% Copper in Four Separate ...
04/08/2010(Pumpkin Hollow)Intersects 230 Feet of 1.46% Copper in The Open Pittable Nor...
08/07/2010(Pumpkin Hollow)E2 Deposit Drilling Intersects 145 Feet of 2.37% Copper and ...
16/06/2010(Pumpkin Hollow)Mineralization Remains Open at North Deposit: Intersecting 9...
27/05/2010(Pumpkin Hollow)Increases Drilling Program
18/05/2010(Pumpkin Hollow)Discovers Two New Zones Intersecting 275 Feet of 0.98% Coppe...
06/05/2010(Pumpkin Hollow)Step Out Drilling Expands the Open Pittable North Deposit: I...
23/04/2010(Pumpkin Hollow)Drills Over 650 Feet Of Greater Than 0.70% Copper In Three S...
03/03/2010(Pumpkin Hollow)Intersects 4.18% Copper Over 29.7 Meters (97.5 Ft)
16/02/2010(Pumpkin Hollow)Continues to Intersect High Grade Copper
21/01/2010(Pumpkin Hollow)Intersects 31.1 Meters of 2.45% Copper
14/01/2010Files NI 43-101 Preliminary Economic Assessment
08/12/2009(Pumpkin Hollow)Commences Pre-Feasibility & 25,000 Meter Drilling Program
25/08/2009(Pumpkin Hollow)Files resource update NI 43-101 on Sedar
15/07/2009(Pumpkin Hollow)Reports Significant Resource Increase to 9.3 Billion Pounds ...
28/04/2009(Pumpkin Hollow)Drills High Grade in the East Deposit
Communiqués de Presse de Nevada Copper
07/05/2013s Lyon County Bill Status
23/04/2013(Pumpkin Hollow)to Proceed With Two-Stage Approach to Building Pumpkin Hollo...
17/04/2013s Permitting and Yerington Land Bill Status
17/04/2013s Permitting and Yerington Land Bill Status
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
03/01/2013Status of Congressional Action-Lyon County Land Bill
21/12/2012Senators Reid and Heller Introduce Land Bills to U.S. Senate
13/12/2012Announces Positive Feasibility Study Results for Stage 1 Und...
05/12/2012to Start Follow-Up Drilling of Discovery Hole NC12-34 Which ...
05/12/2012to Start Follow-Up Drilling of Discovery Hole NC12-34 Which ...
05/12/2012to Start Follow-Up Drilling of Discovery Hole NC12-34 Which ...
19/11/2012Announces Positive Feasibility Study Results for Stage 1 Und...
30/10/2012North Deposit Mineralization Remains Open Intersecting 119 F...
19/10/2012Files Resource Update NI 43-101 Technical Report on SEDAR
05/10/2012to Purchase 17.8% of Mercator Minerals
27/02/2012Appoints New Director & Launches Project Website
19/10/2010NCU - Nevada Copper PERMIT APPROVAL
19/10/2010Permit Approval
01/12/2009Robust Economic Results
01/12/2009Reports robust economic results
03/11/2009Capstone Mining Makes Strategic Investment in Nevada Copper
29/06/2009US$2,000,000 Convertible Debenture
02/05/2007Press Release: Augusta Files Q1 Financials - Negotiates Sale...
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