Nevada Copper Corp.

Nevada Copper Corp.

August 15, 2007 09:30 ET

Nevada Copper to Commence Trading on the Toronto Stock Exchange on August 16, 2007

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 15, 2007) - Nevada Copper Corp. (TSX VENTURE:NCU)(FRANKFURT:ZYT) ("Nevada Copper") is pleased to announce that its common shares have been approved for listing on the Toronto Stock Exchange ("TSX") under it current stock symbol "NCU". The Company's common shares will be listed and posted for trading on the TSX with the opening of trading to start on August 16, 2007. Nevada Copper's shares will be delisted from the TSX Venture Exchange on August 16, 2007 upon commencement of trading on the TSX.

Nevada Copper's President and CEO, Giulio Bonifacio, stated, "The listing of Nevada Copper on the Toronto Stock Exchange is another step forward in the evolution of Nevada Copper. A TSX listing will further enhance our visibility and profile in the capital markets and industry as well. The Company is well positioned as it develops its advanced stage Pumpkin Hollow Property into Nevada's next copper mine."

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.

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.

Nevada Copper has 36.1 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

The qualified person who is responsible for the preparation of the technical information in this press release is Greg French, CPG#10708, a qualified person as defined by National Instrument 43-101 guidelines.

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 Capital Partners Incorporated
    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)