Nevada Copper Announces Senior Executive Appointment
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/13/10 -- Nevada Copper Corp. (TSX: NCU) ('Nevada Copper') is very pleased to announce the appointment of Robert T. McKnight, P. Eng., MBA, as Executive Vice President. Mr. McKnight is a Professional Engineer and MBA with over 30 years of experience in the resource business and has a wealth of knowledge in project finance, mergers and acquisitions, feasibility studies and valuations. Mr. McKnight has held senior positions with Brascan Resources, Wright Engineers, Cassiar Mining, Getty Resources, TOTAL S.A., Endeavour Financial, Pincock Allen & Holt Ltd., AMEC, Yukon Zinc and, most recently, Selwyn Resources.
Mr. McKnight's experience includes: feasibility studies; financial evaluations of mining, oil and gas and coal projects; technical and financial due diligence; project finance, valuations, fairness opinions and mergers and acquisitions. He has extensive international experience including assignments in North and South America, Asia and Africa. He is a graduate of the University of British Columbia and Simon Fraser University with degrees in Geological Engineering and Business Administration.
Mr. McKnight will assume responsibility for coordinating our efforts as we advance Pumpkin Hollow through the feasibility process while further developing strategies to maximize the value of the Pumpkin Hollow project.
Mr. Giulio Bonifacio, President and CEO, commented: 'We are very pleased that Mr. McKnight is joining Nevada Copper and further view his decision as yet another strong endorsement of our Pumpkin Hollow project. Through his involvement with a number of industry leaders in senior roles, Mr. McKnight has developed tremendous expertise over the years and we look forward to his immediate contributions as we move the Pumpkin Hollow project through feasibility, permitting and development.'
For additional information about Nevada Copper please visit our website at www.nevadacopper.com.
NEVADA COPPER CORP.
Giulio T. Bonifacio, President & CEO
This news release includes certain statements that may be deemed 'forward-looking statements'. All statements in this release, other than statements of historical facts, including the likelihood of commercial mining and possible future financings are forward-looking statements. Although Nevada Copper believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include unsuccessful exploration results, changes in metals prices, changes in the availability of funding for mineral exploration, unanticipated changes in key management personnel and general economic conditions. Mining is an inherently risky business. Accordingly the actual events may differ materially from those projected in the forward-looking statements. Mineral resources that are not mineral reserves do not have demonstrated economic viability. For more information on Nevada Copper and the risks and challenges of its business, investors should review Nevada Copper's annual filings that are available at www.sedar.com.
Contacts:
Nevada Copper Corp.
Eugene Toffolo
Corporate Communications
604-683-8266 or Toll free: 1-877-648-8266
etoffolo@nevadacopper.com
Nevada Copper Corp.
Giulio T. Bonifacio
President & CEO
604-699-0023
www.nevadacopper.com