Nevada Copper’s North Deposit Mineralization Continues to Expand
Copper – Nevada Copper Corp. (TSX:NCU) announced results showing that drilling intersected multiple zones of mineralization along the south edge of the North deposit at Pumpkin Hollow.
Copper – Nevada Copper Corp. (TSX:NCU) announced results showing that drilling intersected multiple zones of mineralization along the south edge of the North deposit at Pumpkin Hollow.
Copper – Nevada Copper Corp. (TSX:NCU) provided an update on the Lyon County Bill status, which allows the Company to develop its Pumpkin Hollow Property in Nevada. The Bill conveys 10,400 acres of BLM-administered federal lands to the City to facilitate the development of the Pumpkin Hollow mine.
Copper – Nevada Copper Corp. (TSX:NCU) announced that it will be proceeding with a two-stage approach to developing its Pumpkin Hollow copper project located near Yerington, Nevada.
Copper – Nevada Copper Corp. (TSX:NCU) announced that the two key State permits needed for construction and operation of underground mine facilities at Pumpkin Hallow remain on track for approval in Q2-2013. A public hearing by the Lyon County Planning Commission is being requested for May 2013 and the application placed on the agenda of the Lyon County Board of Commissioners in June 2013. The Company also reported that the Lyon County Bill - House Bill H.R. 696 and Senate Bill S. 159 - have been scheduled for a hearing in the Subcommittee on Public Lands and Environmental Regulation in U.S. House of Representatives on Thursday, April 18, 2013.
Copper – Nevada Copper Corp. (TSX:NCU) announced the closing of a US$200 million senior secured loan facility and copper concentrate off-take agreement with Red Kite Mine Finance.
Copper – Nevada Copper Corp. (TSX:NCU) announced that it has closed a copper concentrate off-take and a $US 200 million senior secured loan facility. The Company will use the proceeds for the construction of an underground mining operation at Pumpkin Hollow.
Copper – Nevada Copper Corp. (TSX:NCU) released drill results from three drill holes on the Pumpkin Hollow Property in Nevada. North deposit mineralization continues to expand on the property, with 0.45% copper intersected at 179.1 meters. Significant thickness of mineralization along the south edge of the North deposit was found in two of the three holes. The highest grade zone intersected 72.5 feet (22.1 meters), 65.6 feet (20.0 meters) true thickness, and grading 1.50% copper.
Copper – Nevada Copper Corp. (TSX:NCU) reported on the status of the development and operational permits for its Pumpkin Hollow project. The Company also commented on the status of the current feasibility study engineering work. As quoted in the press release:
Copper – Nevada Copper Corp. (TSX:NCU) reported that the Lyon County Economic Development and Conservation Act has not yet been passed due to the more pressing matters acted upon by the 112th Congress such as the fiscal cliff bill as well as a number of lands-related bills, a Hurricane Sandy relief bill and a major farm bill.
Copper – Nevada Copper Corp. (TSX:NCU) announced the introduction of the Lyon County Economic Development and Conservation Act in the U.S. Senate. The bill was introduced by Senators Harry Reid and Dean Heller and will affect the Pumpkin Hollow project.
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