Nevada Copper Corp.
TSX VENTURE : NCU
FRANKFURT : ZYT

Nevada Copper Corp.

June 14, 2007 09:00 ET

Nevada Copper Corp.: Intersects High Grade Copper Zone at Shallow Depth

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 14, 2007) - Nevada Copper Corp. (TSX VENTURE:NCU)(FRANKFURT:ZYT) ("Nevada Copper") is pleased to announce additional high grade copper results from on-going drilling at its 100% owned Pumpkin Hollow Copper Development Property located in Nevada. Drilling in the open pittable South Deposit intersected a large width of high grade copper mineralization at a relatively shallow depth.

NC07-18, a reverse circulation drill hole was designed to test the southwestern extension of the South Deposit. NC07-18 encountered a continuous high grade copper-gold zone starting at 43.5 meters (143 ft) below surface of 70.1 meters (230 ft) averaging 1.6% copper, 0.19 g/t gold, 8.4 g/t silver and 41.6% iron. NC07-18 was designed to offset the mineralization in nearby S93-14 (28.9 meters averaging 3.98% copper). The South Deposit mineralization continues to be open to the southwest. Prior to the start of this drilling program Nevada Copper reported a NI 43-101 compliant open pittable measured and indicated resource for the South Deposit of 37 million tons of 0.44% copper, in addition to 31 million tons of 0.42% copper of inferred resource at a 0.3% cutoff.

Other drill results reported include NC07-11 which targeted the northern extension of the E-2 mineralization. NC07-11 intersected 27.7 meters (91 ft) averaging 1.39% copper, 0.29 g/t gold and 9.4 g/t silver. Mineralization continues to be open to the north in the E-2 deposit. Also in the open pittable North Deposit, drilling of NC07-09 encountered copper mineralization which defines the southwestern boundary of the North deposit.

A plan map and cross sections for the deposits are available at www.nevadacopper.com. Drill results announced here represent true thicknesses.



SOUTH DEPOSIT - Assays greater than 0.3% Cu
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Drill From To Length Length Copper Gold Silver Iron
Hole # (m) (m) (m) (ft) (%) (g/t) (g/t) (%)
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NC07-18 38.1 44.2 6.1 20 0.94 0.17 4.1 8.5
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(-70 degrees) 50.3 120.4 70.1 230 1.60 0.19 8.4 41.6
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E-2 DEPOSIT - Assays greater than 1% Cu
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Drill From To Length Length Copper Gold Silver Iron
Hole # (m) (m) (m) (ft) (%) (g/t) (g/t) (%)
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NC07-11 394.3 395.6 1.3 4.5 5.50 0.019 23.1 5.5
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575.5 603.2 27.7 91 1.39 0.290 9.4 28.6
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614.2 615.7 1.5 5 1.07 0.045 2.1 2.7
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620.3 621.8 1.5 5 1.38 0.088 4.9 5.1
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NORTH DEPOSIT - Assays greater than 0.3% Cu
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Drill From To Length Length Copper Gold Silver
Hole # (m) (m) (m) (ft) (%) (g/t) (g/t)
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NC07-09 338.9 340.5 1.5 5 0.36 0.002 0.8
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356.6 366.1 9.5 31 1.00 0.062 3.2
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Including 357.5 359.0 1.5 5 3.50 0.008 1.0
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Including 364.5 366.0 1.5 5 1.52 0.113 5.2
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Based on the very successful step-out drilling results to date the drilling program has been expanded further to over 18,000 meters. The initial drilling program consisted of 12,000 meters.

To date, 30 holes have been drilled for a total of 15,000 meters. Of the 30 holes, results from 16 holes have been released to date. Future drilling results will be released as they become available.

These drilling results will be incorporated into an updated resource estimate to commence later in the month. The drilling program includes in-fill and step-out holes designed to both upgrade the current resource classifications for purposes of the feasibility study planned for 2007 and to test for further resource expansion down dip and along strike in areas where the deposits remain open.

About Nevada Copper

Nevada Copper is a well financed emerging copper company, responsibly developing the Pumpkin Hollow copper-iron property located in Western Nevada. In June 2006, a National Instrument 43-101 compliant resource estimate for the advanced-stage Pumpkin Hollow property was completed, as previously announced: At a 0.2% copper cutoff grade, the measured and indicated copper resource is 2.7 billion pounds of copper, contained in 312 million tons grading 0.44% copper and 12.3% iron. An additional inferred copper resource of 3.4 billion pounds of copper is contained in 454 million tons grading 0.37% copper and 8.2% iron.

Within these large resources is a significant high grade copper resource. Using a 0.75% copper cutoff grade, the measured and indicated resources contain 700 million pounds of copper in 25 million tons of material grading 1.45% copper and, in addition, the inferred resource contains 500 million pounds of copper within 17 million tons grading 1.5% copper. Over half of this high grade copper mineralization is contained in the East and E-2 deposits.

Nevada Copper has embarked on a systematic fast-track program to develop its advanced stage Pumpkin Hollow Property into Nevada's next copper mine. Concurrent with the resource delineation drilling program, metallurgical, geotechnical, hydrological and environmental baseline data is being processed. The current drilling program will support an updated resource estimate and economic feasibility study scheduled to commence in late 2007.

The Pumpkin Hollow project is under the supervision of Gregory French, CPG #10708, 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.

Nevada Copper has 35.5 million shares outstanding and is well financed with no debt. 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 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 Capital Partners Incorporated
    Eugene Toffolo
    (604) 681-5755 or Toll Free: 1-877-687-5755
    or
    Nevada Copper Corp.
    Susan L. Wilson
    Corporate Communications
    (604) 688-7508
    (604) 681-0122 (FAX)
    Email: info@nevadacopper.com
    Website: www.nevadacopper.com