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VANCOUVER, BRITISH COLUMBIA–(Marketwire – Sept. 7, 2011) – Nevada Copper Corp. (TSX:NCU) (“Nevada Copper”) is pleased to announce additional positive step-out drill results from the 100% owned Pumpkin Hollow Property located in Nevada. The hole reported below represents recent assay results from the North Deposit. The 20,000 meter step-out and expansion drilling program is progressing with three drill rigs currently on the property.
Drill hole NC11-14 was drilled in the North Deposit and successfully targeted and expanded the lower mineralized zones. As expected the hole confirmed continuity of the main zone however the grade was significantly higher than the adjacent holes (NC08-22, 270ft at 1.12% and USS-30, 467ft at 1.05%).
NC11-14 intersected 323.0 feet (98.5 meters) 303.5 feet true thickness, averaging 1.82% copper.
NORTH DEPOSIT – Assays greater than 0.2% Cu
| Drill Hole # |
From (m) |
To (m) |
Length (m) |
Length (ft) |
True Length (m) |
Copper (%) |
Gold (g/t) |
Silver (g/t) |
Mo (%) |
| NC11-14 | 210.9 | 309.4 | 98.5 | 323.0 | 92.5 | 1.82 | 0.163 | 5.6 | 0.003 |
| 331.6 | 346.5 | 14.9 | 49.0 | 14.0 | 0.25 | 0.064 | 1.4 | 0.004 | |
| 385.2 | 525.0 | 39.8 | 130.5 | 37.4 | 0.33 | 0.036 | 1.6 | 0.006 | |
| 433.4 | 446.5 | 13.1 | 43.0 | 12.3 | 0.46 | 0.028 | 2.8 | 0.001 | |
| 589.8 | 608.1 | 18.3 | 60.0 | 17.2 | 0.37 | 0.052 | 1.6 | 0.007 |
Gregory French, Vice President, Senior Project Manager, CPG, M.Sc., commented, “Mineralization continues to expand in the North Deposit. The results from NC11-14 continue to improve the grade in the main mineralized zone as well as expand the lower mineralized zones. The drill program is targeting areas of the North Deposit where mineralization remains open, specifically the shallow northeast and southwest border area of the North Deposit. NC11-14 along with the other recently-announced holes will have positive implications for future mine designs. These results will be incorporated into a future updated resource and mine design.”
A plan map with the respective drill locations for the deposits will be made available at http://www.nevadacopper.com/i/pdf/2011-09-01_NR_Maps.pdf.
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
We Seek Safe Harbour.
