Nevada Copper Corp.
FRANKFURT : ZYT
TSX : NCU

Nevada Copper Corp.

December 18, 2007 10:14 ET

Nevada Copper Files NI 43-101 Technical Report on SEDAR

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 18, 2007) - Nevada Copper Corp. (TSX:NCU)(FRANKFURT:ZYT) ("Nevada Copper") is pleased to announce the updated independent National Instrument ("NI") 43-101 compliant resource estimate for its 100% owned Pumpkin Hollow Copper Property in Nevada is now available on SEDAR (www.sedar.com).

As previously announced on November 2, 2007, the new resource estimate increased in all categories by 1.8 billion pounds of copper (28%) to 7.9 billon pounds from the June 2006 NI 43-101 compliant resource of 6.1 billion pounds with the following highlights:

- Measured and Indicated ("M&I") copper average grade increased by 31% to 0.58% copper (0.20% copper cutoff) with the resource increasing by 44% to 4 billion pounds of copper;

- Inferred copper average copper grade increased 19% to 0.45% copper (0.20% copper cutoff) with the resource increasing by 15% to 3.9 billion pounds of copper;

- Addition of 1.3 million ounces of gold and 57 million ounces of silver to the overall resource; and

- The North and South deposits now contain M&I resource of 53 million tons of iron and Inferred resource of 91 million tons of iron for a total of 144 million tons of iron, an increase of 92%.

The full technical report is also available at www.nevadacopper.com.

Qualified Person

Nevada Copper retained Tetra Tech of Golden, Colorado to estimate the Pumpkin Hollow mineral resource as part of Preliminary Assessment study that is in progress. The mineral estimation work was performed by or under the direction of John Rozelle, PG, Tetra Tech's Mineral Resource Division Principal Geologist, an independent Qualified Person as set forth by Canadian National Instrument 43-101.

The Pumpkin Hollow project is under the supervision of Gregory French, CPG #10708, a Qualified Person as defined in Canadian NI 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.

About Nevada Copper

Nevada Copper is a well financed emerging copper company listed on the TSX, responsibly developing the Pumpkin Hollow copper-iron property located in Western Nevada. Nevada Copper has embarked on a fast-track program to develop the Pumpkin Hollow Property into Nevada's next copper mine.

Nevada Copper has 36.4 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

CAUTIONARY NOTE

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 estimates of resources, mineralization and planned exploration activities; 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

CAUTIONARY NOTE TO U.S. INVESTORS CONCERNING ESTIMATES OF MEASURED AND INDICATED RESOURCES AND INFERRED RESOURCES

This news release uses the terms "Measured Resources", Indicated Resources" and "Inferred Resources". Nevada Copper advises US investors that while those terms are recognized and required by Canadian regulators, the U.S. Securities and Exchange Commission (SEC) does not recognize them and permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. U.S. investors are cautioned not to assume that any part or all of mineral deposits in these categories will ever be converted into reserves. "Inferred Resources" have a great deal of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an Inferred Mineral Resource will ever be upgraded to a higher category. Under Canadian rules, estimates of Inferred Mineral Resources may not form the basis of feasibility or prefeasibility studies, except in rare cases. U.S. investors are cautioned not to assume that part or all of an Inferred Resource exists, or is economically or legally minable.

Contact Information

  • Longview Capital Partners Incorporated
    Eugene Toffolo
    (604) 681-5755 or Toll Free: 1-877-687-5755
    or
    Nevada Copper Corp.
    Giulio T. Bonifacio
    President & CEO
    (604) 699-0023
    Email: info@nevadacopper.com
    Website: www.nevadacopper.com