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Nevada Copper Reports Further Positive Results from Pumpkin Hollow Property

Nevada Copper Corp. (TSX:NCU) has announced further positive drill results at the 100% owned Pumpkin Hollow Property located in Nevada.

The holes reported below represent the latest results from the geotechnical and North Deposit resource drilling programs. Once the geotechnical drilling is completed the drilling will transition into the recently announced 20,000 meter resource step-out and expansion drilling program.

Assay results from five geotechnical holes have been received; one from the South Deposit, one in the East Deposit, and three in the Decline area. NC10-GT-01 was drilled to collect geotechnical data within the East Deposit. The hole confirmed mineral continuity intersecting 78.5 feet (23.9 meters) averaging 3.17% copper and 0.228 grams of gold.

The geotechnical drilling east of the East Deposit focused on collecting data for engineering the proposed decline to the East and E2 zones. The majority of the drilling was non-mineralized rock above the host units, including NC10GT-02 and NC10GT-04. Hole NC10GT-01 was drilled deeper to collect additional data within development areas. The hole intersected low grade mineralization (< 1% Cu) in the same host as the East Deposit. The hole was drilled 150 meters east of NC10-49 which intersected 35 feet (10.7 meters) averaging 3.0% copper. This area has been targeted for drilling in the 2011 drill program.

In addition to collecting geotechnical data in the open-pittable South Deposit, NC10GT-05 was successful in expanding several deeper mineralized zones to the southeast. The hole intersected multiple zones of mineralization with the largest averaging 0.76% copper over 299.1 feet (91.2 meters), 259.2 feet (79.0 meters) true thickness. This intercept is approximately 70 meters southeast of L-102 (216 feet averaging 0.53% Cu).

NC10-74 completed in the open-pittable North Deposit focused on expanding the recently discovered deep mineralization. While NC10-74 was successful in intersecting several of the lower zones the hole was terminated just above the lowest zones due to hole conditions. The best zone intersected 107.5 feet (32.8 meters), 106.0 feet (32.3 meters) true thickness, averaging 1.26% copper. The last interval in the hole just tagged the top of the lower zones with the last sample interval intersecting 0.86% copper. Continued expansion of the lower zones is planned in the 2011 drill program.

"The mineral resource and geotechnical drilling continue to produce positive results at the Pumpkin Hollow Project. It is apparent that the limits of mineralization continue to expand. The focus of our 2011 drill program will continue to follow up on this open mineralization as well as test additional targets," commented Gregory French, Vice President, Senior Project Manager of Nevada Copper.

Source: Nevada Copper Corp.

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