Nevada Copper Appoints New Director and Announces Management Changes
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/11/12 -- Nevada Copper Corp. (TSX: NCU) ("Nevada Copper" or the "Company") is very pleased to welcome Jay Collins, P. Eng., as a new independent Director of the Company. As President of Merit Consultants International Inc. ("Merit Consultants"), Mr. Collins has been directly involved in the engineering and construction of mining projects for over thirty years. His years of field experience in project engineering and general contracting, combined with his management experience in leadership positions, result in a well-rounded and sound understanding of project construction and development of projects located world-wide.
Merit Consultants were directly involved with the Company in certain contractor selection services while also providing the capital cost estimation for the January 2012 Feasibility Study, providing Mr. Collins with a very good knowledge of the Pumpkin Hollow Project and its development options.
Merit Consultants recently provided construction management services for the Copper Mountain mine, a new 35,000 ton per day open pit operation, and have been involved in the development and construction of over 160 mining projects including auditing, study participation as an Independent Qualified Person as well as in the execution of gold and copper plants in particular in Turkey, China, Australia, United States, Canada and South America.
Mr. Giulio Bonifacio, President & CEO commented, "On behalf of Nevada Copper's Board of Directors, we welcome Jay to our team. Jay's extensive background in development and construction in leadership positions will prove invaluable to Nevada Copper as we advance the Pumpkin Hollow copper project towards construction. Jay will bring his many years of mining industry experience, his wide knowledge of the industry and his many contacts to assist Nevada Copper as we move forward, while also adding a complimentary skill set to our existing Board of Directors."
Management Changes
The Company also announces that Robert McKnight, P. Eng., MBA, will assume the duties of Chief Financial Officer. Mr. McKnight has been with Company since 2010 in the capacity of Executive Vice President and will replace Mr. Joe Chan and assume the additional role of Chief Financial Officer.
Giulio Bonifacio, President & CEO commented: "On behalf of Nevada Copper we wish to thank Joe for his many years of service to the Company during its formative years and wish him well with his future endeavours."
As well, Nevada Copper announces the appointment of Gus McDonald, CA, as Corporate Controller. Mr. McDonald joined the Company earlier this year from Quadra Mining, a unit of KGHM, which has copper operations in eastern Nevada. Mr. McDonald is a chartered accountant with several years of industry experience and formerly worked with PricewaterhouseCoopers.
For additional information about Nevada Copper Inc. please visit our project website at www.pumpkinhollowcopper.com.
NEVADA COPPER CORP.
Giulio T. Bonifacio, President & CEO
We seek safe harbor.
Contacts:
Nevada Copper Corp.
Eugene Toffolo
VP, Investor Relations & Communications
604-683-8266 or Toll free: 1-877-648-8266
etoffolo@nevadacopper.com
Nevada Copper Corp.
Robert McKnight, P.Eng., MBA
Executive Vice President
604-683-1309
bmcknight@nevadacopper.com
www.nevadacopper.com
