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Nevada Copper

Publié le 08 juillet 2010

E2 Deposit Drilling Intersects 145 Feet of 2.37% Copper and 0.683 g/t Gold

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Mots clés associés :   Copper |

NEWS RELEASE

TSX: NCU

 

NEVADA COPPER?S E2 DEPOSIT DRILLING INTERSECTS 145 FEET

 OF 2.37% COPPER AND 0.683 G/T GOLD

 

July 8, 2010 - Nevada Copper Corp. (TSX: NCU) ("Nevada Copper") announces further drill results at the 100% owned Pumpkin Hollow Property located in Nevada. Drill results reported here represent results from Nevada Copper?s current drill program which has recently been increased to 45,000 meters (148,000 ft). To date, results from 56 of an estimated 83 drill holes to be drilled have been reported.

 

The E2 Deposit contains an upper and lower mineralized zone. NC10-47 was drilled as an infill hole to determine if the zones connect. The results are very positive with NC10-47 demonstrating that the high grade mineralization is continuous between the upper and lower zones. NC10-47 intersected 44.2 meters (145.0 ft), 22.1 meters true thickness averaging 2.37% copper, 0.683 g/t gold, and 11.7 g/t silver.

 

Three holes were drilled in the South Deposit. NC10-45 focused on upgrading resource classifications and confirming continuity of mineralization. NC10-45 intersected multiple zones of mineralization with the largest intersecting, 56.4 meters (185.0 ft), 43.2 meters true thickness averaging 1.14% copper. NC10-40 and NC10-43 targeted the mineralization along the edge of the deposit.

 

Drill holes NC10-42 and NC10-44 were drilled to determine the continuity in the East Deposit where the higher grade mineralization narrows. Both holes confirmed the thickness and continuity of these zones with the nearby adjacent holes.

 

Cross sections and plan maps will be made available on www.nevadacopper.com.

 

E2 DEPOSIT ? Assays greater than 1% Cu

 

Drill Hole #

From

(m)

To

(m)

Length

(m)

Length

(ft)

True

Length

(m)

Copper

(%)

Gold

(g/t)

Silver

(g/t)

Fe

(%)

NC10-47

486.2

530.4

44.2

145.0

22.1

2.37

0.683

11.7

25.0

 

554.7

565.4

10.7

35.0

5.4

1.08

0.244

1.6

14.8

 

EAST DEPOSIT ? Assays greater than 1% Cu

 

Drill Hole #

From

(m)

To

(m)

Length

(m)

Length

(ft)

Copper

(%)

Gold

(g/t)

Silver

(g/t)

Iron

(%)

NC10-42

448.1

451.4

3.3

11.0

1.34

0.111

2.3

12.9

 

466.5

483.1

16.6

54.5

2.94

0.530

6.5

35.7

 

534.9

538.9

4.0

13.0

1.05

0.139

5.8

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 23,8 millions CA$ (19,0 millions US$, 16,7 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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