Nevada Copper Receives Reclamation Permit
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/10/13 -- Nevada Copper Corp. (TSX: NCU) ("Nevada Copper" or "Company") is very pleased to announce that it has received its Reclamation Permit for its 100% owned Pumpkin Hollow Property located near Yerington, Nevada.
Status of State Permits
On June 7, 2013, the Nevada Division of Environmental Protection ("NDEP") issued the reclamation permit for the Stage 1 underground project. This is one of the key permits for the project that establishes decommissioning, closure and reclamation conditions and financial assurance for the construction of an underground mining operation at the Pumpkin Hollow Project. During the 30 day public comment period no comment letters were received.
The Notice of Final Decision can be found at: http://ndep.nv.gov/admin/public.htm#mining.
The three other key permits, Water Pollution Control, Air Quality and The Lyon County Special Use permit, are advancing as expected.
Giulio Bonifacio, President & CEO stated: "Nevada Copper continues to meet permit targets to develop the underground stage of the Pumpkin Hollow Project. Detailed engineering is underway and receipt of permits will allow us to commence construction of an underground mining operation as soon as engineering and construction contracts are completed.
Land Transfer
Nevada Copper continues to work the Nevada Congressional delegation, Lyon County and the City of Yerington on the Lyon County Economic Development and Conservation Act ("Lyon County Bill"), House Bill H.R. 696 and Senate Bill S. 159. On May 28, 2013, Senator Reid stated in an interview on Nevada Newsmakers that he expected the bill to pass by September 2013. He noted that "every person that's a member of the Nevada delegation wants this legislation done and done quickly. It's a good thing. I'm totally satisfied with it. I will do everything I can. I've spoken to the Chairman of the Committee, Ron Wyden, and he is going to do everything he can to get this out."
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 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 & CFO
604-683-1309
bmcknight@nevadacopper.com
www.nevadacopper.com
