Nevada Copper Drilling Update
October 5, 2010 – Nevada Copper Corp. (TSX: NCU) (“Nevada Copper”) is pleased to provide a plan map and cross section for the drill holes announced September 30, 2010.
As previously announced, the three holes completed in the North deposit focused on expanding the recently discovered mineralization. NC10-70 and NC10-71 were successful in intersecting several of the lower zones. NC10-69 however was terminated short due to drill conditions. Continuity was confirmed in the upper zone where NC10-70 intersected 315 feet (96.0 meters) 310 feet (94.5 meters) true thickness averaging 0.98% copper. Several deeper zones were also encountered, the largest intersected 141.5 feet (43.1 meters) 139.3 feet (42.5 meters) true thickness averaging 0.48% copper.
NC10-71 was drilled 90 east of NC10-70. The upper zone in NC10-71 intersected 215.5 feet (65.7 meters) 212.2 feet (64.7 meters) true thickness averaging 1.47% copper. Included within that interval is a higher grade zone of 46.0 feet (14.0 meters) 45.3 feet (13.8 meters) true thickness averaging 3.24 % copper. Like NC10-70 several lower mineralized zones were intersected including 145.0 feet (44.2 meters) 142.7 feet (43.5 meters) true thickness averaging 0.51% copper. The mineralization remains open and follow up drilling is currently in progress.
The plan map and cross section can be found at http://media3.marketwire.com/docs/NC-104.pdf.
About Nevada Copper
Nevada Copper has 54 million shares outstanding and is well funded to completion of the current drilling program, Pre-Feasibility and the Definitive Feasibility Study scheduled for release in 2011.
Nevada Copper is an emerging copper company, responsibly developing its advanced stage Pumpkin Hollow copper-gold-silver-iron property into Nevada’s next copper mine. Concurrent with a resource delineation drilling program, metallurgical, geotechnical, hydrological, and environmental baseline data are being collected and processed for inclusion in a Pre-Feasibility Study which is currently in progress and scheduled for completion by December, 2010.
The Pumpkin Hollow drilling program is under the supervision of Gregory French, CPG #10708, and 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.
For additional information about Nevada Copper please visit our website at www.nevadacopper.com.
NEVADA COPPER CORP.
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 www.sedar.com.
For further information call:
Eugene Toffolo, Corporate Communications
Toll free: 1-877-648-8266
Giulio T. Bonifacio, President & CEO