Nevada Copper Corp.

Nevada Copper Corp.

October 19, 2010 13:10 ET

Nevada Copper Corp.: Permit Approval

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 19, 2010) - Nevada Copper Corp. (TSX:NCU) ("Nevada Copper") - Nevada Copper announces that the Lyon County Board of Commissioners approved its application for a Special Use Permit to conduct Advanced Exploration on its Pumpkin Hollow Project. Advanced Exploration entails construction of an 18-foot by 18-foot decline tunnel to access high grade underground deposits in the East and E-2 zones of the property. Nevada Copper has worked over the last few years with both Lyon County and the City of Yerington to inform them of the company's activities at the Pumpkin Hollow Project. Both the Planning Commission and the Board unanimously approved the applications. The City previously entered into a water service agreement to provide water to the project.

"Not only have both the County and City been extremely cooperative in working with us as we proceed toward development," said Greg French, Vice President and Project Manager at Pumpkin Hollow, "but we also expect that positive relationship to carry forward into the future phases of the project. We believe a collaborative relationship with the City and County will be extremely helpful as we move forward to development stages of the project."

Advanced Exploration will allow Nevada Copper to conduct more cost effective drilling from underground drill stations and to better understand the geological, geotechnical, geochemical, hydrological and metallurgical characteristics of the resource zones. It will also help to accelerate development of mining once project construction begins.

Presently, the Nevada Division of Environmental Protection is in the final stages of technical review for the decline. Nevada Copper expects to receive those permits by the first quarter of 2011.

For additional information about Nevada Copper please visit our website at


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

Contact Information