North Deposit Mineralization Remains Open

 

VANCOUVER, BC - Nevada Copper Corp. reported remaining step-out and expansion drill results from its 100% owned Pumpkin Hollow Property located near Yerington, Nevada. The total drilling program consisted of ninety four drill holes totaling 47,000 meters of which results totaling 44,000 meters were included in the recently released updated resource. The updated measured and indicated copper resource in the North, South, and Southeast deposits (the "Western Deposits") increased by over 1.1 billion pounds to 5.4 billion pounds.

The drill results include the last three holes drilled in the Western Deposits.

In the North deposit, drill hole NC12-36 continues to expand mineralization along the northwest edge. The hole targeted the expansion of the main mineralized zone down dip, intersecting 119.0 feet, 84.1 feet true thickness, grading 1.67% copper, 0.288 g/t gold, and 5.7 g/t silver outside the current feasibility ultimate pit limit. Mineralization remains open to the north, down dip.

Drill hole NC12-35 was drilled in the northern part of the South deposit. Drill hole NC12-35 targeted deeper mineralization and intersected several zones, confirming the shallower zones and expanding the lower mineralized zone. The largest zone intersected, 490.0 feet, 411.1 feet true thickness grading 0.27% copper.

Drill hole NC12-38 was drilled in the Southeast deposit to better define the copper mineralization in the deposit. The drilling confirmed and expanded the mineralization.

Gregory French, Vice President, Senior Project Manager, commented, "The assay results released complete a very successful drill program that discovered new mineralization, re-classified mineral classes, and converted waste into mineralized material. Our recent drill program increased the measured and indicated copper resource in the Western Deposits by over 1.1 billion pounds to 5.4 billion pounds. The recent results from NC12-36 and the earlier reported NC12-34 which intersected 690 feet grading 1.17% copper demonstrate the further potential and open nature of the deposit. Whether it''s down dip from NC12-36 or the large area around NC12-34, major areas remain open in the North Deposit. These holes are outside the current feasibility pit limits and were not included in the recent resource update. The newly discovered mineralization in the NC12-34 area will be a priority in future drilling."

The company's address is Suite 1238, 200 Granville Street, Vancouver, BC V6C 1S4, (604) 683-8992, fax: (604) 681-0122.