Nevada Copper Corp.

Nevada Copper Corp.

April 24, 2007 11:00 ET

Nevada Copper Intersects Major High Grade Zone

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 24, 2007) - Nevada Copper Corp. (TSX VENTURE:NCU)(FRANKFURT:ZYT) ("Nevada Copper") is pleased to provide a follow up to its April 17, 2007 press release announcing the results of a step-out hole drilled to the northeast of the high-grade East copper deposit at its 100% owned Pumpkin Hollow Property in Nevada. We welcome you to view the drilling maps at the following link:

Previously announced NC07-05 encountered four zones of high grade copper mineralization with the most significant intercepts being 12.3 meters grading 4.1% copper, 17.6 meters grading 3.4% copper (including 10.3 meters grading 4.4% copper), and 3.2 meters grading 5.0% copper. All intercepts are true widths. The drill hole also contains significant iron mineralization, with gold and silver values.

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 Pumpkin Hollow into Nevada's next copper mine. 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 30.8 million shares outstanding and is well financed with no debt. 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 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

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

Contact Information

  • Longview Strategies Incorporated
    Attention: Eugene Toffolo
    (604) 681-5755 or Toll Free: 1-877-687-5755
    Nevada Copper Corp.
    Susan L. Wilson
    Corporate Communications
    (604) 688-7508
    (604) 681-0122 (FAX)