Drilling Intersects Multiple Zones Of Mineralization

 

VANCOUVER, BC - Nevada Copper Corp. reported drill results from its 100% owned Pumpkin Hollow Property located near Yerington, Nevada.

The results represent drilling along the southern and western edge of the North deposit and are located along or just outside the current feasibility study open pit limits. The drilling was not included in the resource update released in September 2012.

NC13-05 was drilled on the western boundary of the North deposit where mineralization is open. The hole intersected multiple zones of mineralization totaling 368.0 feet (112.2 meters) averaging 0.92% copper. The largest mineralized zone in NC13-05 intersected 125 feet (13.7 meters), true thickness averaging 1.45% copper. Many of the older holes along the western edge of the deposit were lower grade and due to the shallow depths did not test the stacked mineralized zones discovered by Nevada Copper drilling.

NC13-09 was drilled along southern edge of the open pittable North deposit. Mineralization is spread over a large portion of the hole. The multiple zones totaled 604.0 feet (184.1 meters) averaging 0.48% copper. The shallowest zone intersected 55 feet (16.8 meters), 51.5 feet (15.7 meters) true thickness averaging 0.43% copper. The thickest high-grade zone in NC13-05 intersected 45 feet (13.7 meters), 43.2 feet (13.2 meters) true thickness averaging 1.45% copper, 0.209 gram gold, and 7.17 gram silver.

Evaluation of the recent drill results is currently in progress. It is expected that additional drilling will be proposed to follow-up the open mineralization along the western and southern boundaries of the deposit.

Gregory French, Vice President, Senior Project Manager, commented, "The recent drilling along the edges of the North deposit has been successful in expanding mineralization. NC13-05 expanded the North deposit mineralization further to the West and was significantly higher grade than the adjacent holes. NC13-09 with its multiple zones of mineralization, including high grade intervals, reinforces the strength of the mineralizing system, especially between the North and South deposit. The mineralization is far from closed off and we are updating the geologic model and will be evaluating the next drill phase."