Astron Resources Corporation
TSX VENTURE : ARC

Astron Resources Corporation

November 06, 2006 15:51 ET

Astron Resources Corporation: Shareholders Approve Name Change to Nevada Copper Corp.

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 6, 2006) - Astron Resources Corporation (TSX VENTURE:ARC) ("Astron") announces that at the Special and Annual Meeting of shareholders held on November 3, 2006, shareholders unanimously approved the name change of "Astron Resources Corporation" to "Nevada Copper Corp." The new name more accurately reflects the business nature of the Company. The name change will take effect upon issuance of a formal bulletin by the TSX-V which is expected within the next two weeks. Upon receipt of the bulletin, shares will commence trading on the TSX-V under the symbol NCU and the Corporation's website will become www.nevadacopper.com.

Astron is also pleased to announce the shareholders approved the election of Mr. Joseph Giuffre to the Board of Directors and the re-election of Messrs. Brian Kirwin, Giulio Bonifacio, Joe Kircher and Foster Wilson to the Board of Directors.

About Astron

Astron is a copper company engaged in the acquisition and development of copper deposits located in the United States. Astron is advancing its Pumpkin Hollow Copper Development Property in Nevada. As previously announced, at a 0.2% cutoff grade, Pumpkin Hollow hosts a NI 43-101 compliant measured and indicated copper resource of 2.7 billion pounds, in addition to an inferred copper resource of 3.4 billion pounds described as follows:



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Cu grade Contained Iron
Classification Tons % Cu (lbs) Grade %
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Measured and Indicated 312,063,000 0.44 2,752,000,000 12.3
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Inferred 454,021,000 0.37 3,396,000,000 8.2
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Astron has 27.0 million shares outstanding and is well financed with no debt. For additional information about Astron please visit our website at www.astronresources.com.

ON BEHALF OF THE BOARD OF DIRECTORS OF ASTRON RESOURCES CORPORATION

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 the Company 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. For more information on the Company and the risks and challenges of its business, investors should review the Company's annual filings that are available at www.sedar.com.

The TSX Venture Exchange has neither approved nor disapproved of the contents of this news release.

Contact Information

  • Longview Strategies Incorporated
    Michael Rodger
    (604) 681-5755
    or
    Astron Resources Corporation
    Giulio T. Bonifacio
    President & CEO
    (604) 699-0023
    or
    Astron Resources Corporation
    Susan L. Wilson
    Corporate Communications
    (604) 688-7508
    Email: info@astronresources.com
    Website: www.astronresources.com