Nevada Copper Expands North Deposit Intersecting 785 Feet of 0.73% Copper and 320 Feet of 1.08% Copper
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/14/11 -- Nevada Copper Corp. (TSX: NCU) ('Nevada Copper') is very pleased to announce further positive drill results from the 100% owned Pumpkin Hollow Property located in Nevada. The holes reported below represent assay results from the current 20,000 meter step-out and expansion drilling program.
Drill Hole NC11-03 was drilled to expand the deeper mineralization in the North Deposit and was successful in extending and confirming the continuity of mineralization intersecting an upper zone 320 feet (97.5 meters), averaging 1.08% copper, 0.164 grams gold, 4.2 grams silver and 0.017% molybdenum and a lower zone 785 feet (239 meters), averaging 0.73% copper, 0.048 grams gold and 1.2 grams silver. Intervals represent true thickness.
Drill Hole NC11-04 and geotechnical hole NC11-GT03 were drilled in the East Deposit. Drill Hole NC11-04 was drilled along the northern edge of the Deposit. Drill Hole NC11-GT03 was drilled to collect geotechnical data for the East shaft and is over 90 meters east of known mineralization and intersected two thinner mineralized zones. These zones will not affect the location of the shaft but demonstrate the continuity and strength of the mineralizing system.
NORTH DEPOSIT - Assays greater than 0.2% Cu
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Drill From To Length Length Length Copper Gold Silver Mo
Hole # (m) (m) (m) (ft) (m) (%) (g/t) (g/t) (%)
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NC11-03 184.4 281.9 97.5 320.0 97.5 1.08 0.164 4.3 0.017
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341.4 500.6 239.2 785.2 239.2 0.73 0.048 1.2 0.006
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EAST DEPOSIT - Assays greater than 0.75% Cu
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Drill From To Length Length Length Copper Gold Silver Fe
Hole # (m) (m) (m) (ft) (m) (%) (g/t) (g/t) (%)
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NC11-04 472.9 477.3 4.4 14.5 4.4 1.38 0.226 2.6 27.3
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549.3 563.9 14.6 47.8 14.6 1.27 0.139 2.4 3.6
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568.7 573.7 5.0 16.3 5.0 0.97 0.144 3.5 5.9
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NC11-GT03 560.2 568.4 8.23 27.0 8.23 1.65 0.123 3.4 5.7
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730.0 734.6 4.6 15.0 4.6 0.79 0.171 4.6 26.7
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Gregory French, Vice President, Senior Project Manager, CPG, M.Sc., commented, 'Drilling in the North Deposit continues to confirm and expand mineralization. Two mineralized zones were intersected, with the upper and the lower zone expanding mineralization. Together the two zones total over 1,100 feet of mineralization grading 0.73% to 1.08% copper. NC11-03 also demonstrated that areas within the deposit have higher molybdenum grades than the deposit average. In view of these very positive results additional drilling is currently being planned.'
Plan maps and a cross section will be made available at http://media3.marketwire.com/docs/nevmaps614.pdf.
The Pumpkin Hollow drilling program is under the supervision of Gregory French, CPG #10708, and a Qualified Person as defined in Canadian National Instrument 43-101, a Qualified Person as defined in Canadian National Instrument 43-101, who is responsible for the preparation of the technical information in this news release. All assaying and whole rock geochemistry is processed at the American Assay Laboratories (AAL) in Reno, Nevada. Samples are delivered from the project core logging facility to AAL by Nevada Copper or AAL personnel. A Quality Assurance and Quality Control Assay Protocol have been implemented whereby blanks and standards are inserted into the assay stream and check samples are sent to Chemex-Reno and Inspectorate-Reno laboratories.
For additional information about Nevada Copper please visit our website at www.nevadacopper.com.
NEVADA COPPER CORP.
Giulio T. Bonifacio, President & CEO
We seek safe harbour.
Contacts:
Nevada Copper Corp.
Eugene Toffolo
Corporate Communications
604-683-8266 or Toll free: 1-877-648-8266
etoffolo@nevadacopper.com
Nevada Copper Corp.
Robert McKnight, P.Eng.
Executive Vice President
604-683-1309
bmcknight@nevadacopper.com
www.nevadacopper.com