Nevada Copper Corp. is pleased to provide an update on the Lyon County Economic Development and Conservation Act elated to its 100% owned Pumpkin Hollow copper project located in Yerington, Nevada.
The Lyon County Land Bill has achieved yet another significant milestone. The U.S. Senate has published its Senate Calendar/General Orders which officially lists the Lyon County Economic Development and Conservation Act (Senate bill S. 159) as ready for Senate floor action:
This recent development is considered a very important procedural step which will allow the Lyon County Land Bill to be brought to the floor of the Senate. Subject to scheduling amongst other Senate business, the Bill can now be brought to the floor of the Senate for a vote at any time. The Senate will be in session for May and June.
With the Senate Energy and Natural Resources Committee recommending passage, and having the full support of both Senator and Majority Leader Harry Reid (D) and Senator Dean Heller ®, we fully expect the Bill to be passed by the Senate.
Giulio Bonifacio, President and CEO, stated: "This recent development advances the land bill one step closer to passage. The passage of the land bill by the 113th Congress is critical to the economy of Yerington and Lyon County as they continue to suffer unnecessarily from chronic unemployment."
On the House side, as previously reported on January 28, 2014, the House of Representatives, Committee on Natural Resources held a "mark-up" meeting on H.R. 433, the "Northern Nevada Land Conservation and Economic Development Act." That bill combined seven (7) separate land bills for northern Nevada that have all had Subcommittee hearings in the House. The "Lyon County" bill (H.R. 696) is included as Title II of H.R. 433, the combined bill.
Source: http://www.nevadacopper.com/