Nevada Copper Corp. (TSX:NCU) provided an update on the Lyon County Bill status, which allows the Company to develop its Pumpkin Hollow Property in Nevada. The Bill conveys 10,400 acres of BLM-administered federal lands to the City to facilitate the development of the Pumpkin Hollow mine.
As quoted in the press release:
Congressmen Steven Horsford and Yerington Mayor George Dini testified in favor of the Bill. Lyon County also submitted written testimony strongly supporting the Bill. There was no testimony in opposition to the Bill. Both the U.S. Forest Service and the Bureau of Land Management testified on the Bill and supported it subject to resolving several minor administrative technical issues. Congressman Mark Amodei, a co-sponsor of the Bill, questioned the two agencies on the Bill, encouraging them to address the technical issues and process the land conveyance expeditiously once passed into law. The Bill will now be sent to the full House Natural Resources Committee for a vote. Once reported out of committee it can be sent to the floor of the House for a vote. Nevada Copper expects that this Bill will pass in the House.
In the Senate, the companion Bill, S. 159, was heard in the Public Lands Subcommittee on April 25, 2013. There was no testimony in opposition to the Bill.
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